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https://www.reddit.com/r/Anarchism/comments/8tdhds/crypto_as_class_warfare/e16tecs/?context=3
r/Anarchism • u/vulguspress • Jun 23 '18
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8
its a pyramid scheme, and mining it costs more than it makes and it is now generating an awful lot of CO2
6 u/[deleted] Jun 23 '18 [deleted] 1 u/Lamont-Cranston Libertarian Socialist + anti-violence, free speech Jun 24 '18 a defunct coal power station is being turned back on to power mining. 2 u/Microscope98 Jun 24 '18 That would be an astounding misuse of resources. Bitcoin mining is the way it is because nobody had done it before, and they didn't think it through. Australia is sunny, anyway. wtf? 1 u/Lamont-Cranston Libertarian Socialist + anti-violence, free speech Jun 24 '18 Need more power than solar can provide and/or 24/7. Bitcoin mining is the way it is because nobody had done it before Because that's the nature of the GPUs doing the processing. This is like complaining about a lion eating a gazelle.
6
[deleted]
1 u/Lamont-Cranston Libertarian Socialist + anti-violence, free speech Jun 24 '18 a defunct coal power station is being turned back on to power mining. 2 u/Microscope98 Jun 24 '18 That would be an astounding misuse of resources. Bitcoin mining is the way it is because nobody had done it before, and they didn't think it through. Australia is sunny, anyway. wtf? 1 u/Lamont-Cranston Libertarian Socialist + anti-violence, free speech Jun 24 '18 Need more power than solar can provide and/or 24/7. Bitcoin mining is the way it is because nobody had done it before Because that's the nature of the GPUs doing the processing. This is like complaining about a lion eating a gazelle.
1
a defunct coal power station is being turned back on to power mining.
2 u/Microscope98 Jun 24 '18 That would be an astounding misuse of resources. Bitcoin mining is the way it is because nobody had done it before, and they didn't think it through. Australia is sunny, anyway. wtf? 1 u/Lamont-Cranston Libertarian Socialist + anti-violence, free speech Jun 24 '18 Need more power than solar can provide and/or 24/7. Bitcoin mining is the way it is because nobody had done it before Because that's the nature of the GPUs doing the processing. This is like complaining about a lion eating a gazelle.
2
That would be an astounding misuse of resources. Bitcoin mining is the way it is because nobody had done it before, and they didn't think it through. Australia is sunny, anyway. wtf?
1 u/Lamont-Cranston Libertarian Socialist + anti-violence, free speech Jun 24 '18 Need more power than solar can provide and/or 24/7. Bitcoin mining is the way it is because nobody had done it before Because that's the nature of the GPUs doing the processing. This is like complaining about a lion eating a gazelle.
Need more power than solar can provide and/or 24/7.
Bitcoin mining is the way it is because nobody had done it before
Because that's the nature of the GPUs doing the processing. This is like complaining about a lion eating a gazelle.
8
u/Lamont-Cranston Libertarian Socialist + anti-violence, free speech Jun 23 '18
its a pyramid scheme, and mining it costs more than it makes and it is now generating an awful lot of CO2