JismMining should be banned. It is respoonsible for at least 110 Terawatt Hours which is like sweden in total as a country. Do we really need this? No.

R-T-BThe banking system is arguably responsible for more power consumption. This is a bad argument.

You don't need to ban it anyways, just reduce it's impact through taxation. That, and bitcoin and co are actually pushing forward green energy initiatives that otherwise would be unfunded:

oilprice.com/Latest-Energy-News/World-News/Crypto-Mining-Company-Plans-One-Of-The-Largest-Solar-Projects-In-The-US.html

JismMining should be banned. It is respoonsible for at least 110 Terawatt Hours which is like sweden in total as a country. Do we really need this? No.

watzupkenMining operation is largely automated

Caring1Found it.

R-T-BThe banking system is arguably responsible for more power consumption. This is a bad argument.

fynxerFirst fun fact, Sweden uses 56% renewable energy from solar, wind and water. Problem is not blockchain tech, it is what kind of energy source you use.

You funny man :) your solution is to ban something you don't understand. Why not say that they have to use renewable energy instead of banning the evolution of blockchain tech.

Blockchain is new tech that in the near future will be very green and it will totally transform the world even more so than the internet did.

You should instead put your efforts in to stopping plastic, micro/nano plastic is really damaging the world. It is not just in the food and water but it is also in the air.

You realize you are actually breathing in plastic that get stuck in you lungs and it will just keep on piling up in there til you can not breath anymore.

You do not notice breathing the plastic at the moment but plastic air pollution is growing exponentially so one day soon we will have to wear masks just to be outside.

www.plasticsoupfoundation.org/en/2018/03/how-damaging-is-breathing-in-microplastics/

Better you put your effort in to fixing the problem with plastic that is a billion times worse for humanity than a little blockchain tech that can easily be fixed with renewable energy.

watzupkenPower is used regardless of industry, as long as man wants to make life easier for themselves by means of automation. The higher the automation level, the more power it uses. If I look at banking for instance, I totally agree that it uses a lot of power in its day to day operations, with data centers running 24/7 along with back ups. But as a positive, it provides people with jobs. Mining operation is largely automated, i.e. you let the ASIC or GPU do the heavy lifting, and don't result in much benefit to the society other than the owners. And because the currency is digital, you need power and network to transfer it, which also adds to the power usage.

My opinion on "sustainable" energy is that they are not that sustainable as they sound. Take a solar panel for instance, it takes a lot of fossil fuel to produce energy to create a solar panel, which by the way, is not very efficient in converting light into power and have a finite lifespan. That does not include the solar farms utilising power to try and adjust the panels throughout the day to capture sunlight directly. So how much benefit a solar panel really offers vs the cost of manufacturing, maintaining and automating the farms is questionable.

TheinsanegamerNThe irony being all the chinese made masks that are just LOADED with microplastics that people have been screaming at you to wear for the last year+. oops.

Crypto isnt even on the top 20 worst enviromental issues today honestly. China's CO2 output, india's CO2 output, china's plastic pollution, ece are all far worse then crypto. But crypto gets in the way of my bing bing wahoo and makes people who are not me money, so it MUST be banned.

The worst part about solar is the toxic waste that is produced during their manufacture in china, which is dumped DIRECTLY into the waterways/ocean. Yeah great, you saved a pound of CO2 and wiped out aquatic life. Fantastic job.

Solar and wind in their current design are just pet projects for NIMBYs who are scared of the power of the atom but what to scream about "MuH eNvIrOmEnTaLiSm" anyway.

night.foxwell im sure the 3080ti hashrate is not yet bios modded.. give it few days.... or before launch and the hashrate will be unlocked :)

QuicksLittle faith? Why would they make the same mistake twice...

If they do they will lose all credibility and customers do not forget, besides that they can sell GPU just for mining (that did not meet requirements), this is a money making game and they are in the business of making even more money?

QuicksLittle faith? Why would they make the same mistake twice...

If they do they will lose all credibility and customers do not forget, besides that they can sell GPU just for mining (that did not meet requirements), this is a money making game and they are in the business of making even more money?

hardcore_gamerComparing the total power consumption instead of efficiency is a bad argument.

night.foxwell im sure the 3080ti hashrate is not yet bios modded.. give it few days.... or before launch and the hashrate will be unlocked :)

TheUn4seenThat's actually great. My non-castrated 3080 just increased in value.
First of all: It has been said time and time again that mining is not the problem as far as availability for gamers, surprisingly high demand during the pandemic when people sat at home and had time to play games is.
Even if miners were responsible, well, LHR cards are still profitable, you just need more of them to match the non-LHR versions for profit, which means even less cards for gamers since you need almost two 3080tis to match a single non-LHR 3080. Even more if you correct for lower efficiency.
So, if you gamery types thought these are aimed at "fixing" the market for you, you are dum-dums. These are aimed at forcing miners to go for dedicated mining cards which give the manufacturer a higher margin but still take manufacturing allocation from consumer cards. Not to mention there aren't nearly enough of them to saturate the demand, so miners will still buy consumer cards... only now they will need more of them.

R-T-BYou're also assuming you are using old inefficient bitcoin blocks.

Bottom line of the arguement is PoW is flawed, but it's not as flawed as you think, and better tech is on the way.


nvidia bioses bear signatures now. There haven't been any bios mods since Maxwell, or pascal if you count some laptops.

night.foxMining does not care if it has signature or not

R-T-BIt does if it wants drivers.

Unless you are talking about mining specific cards, no idea on them.

R-T-BThe banking system is arguably responsible for more power consumption. This is a bad argument.

You don't need to ban it anyways, just reduce it's impact through taxation. That, and bitcoin and co are actually pushing forward green energy initiatives that otherwise would be unfunded:

oilprice.com/Latest-Energy-News/World-News/Crypto-Mining-Company-Plans-One-Of-The-Largest-Solar-Projects-In-The-US.html

bugI like it how people are eager to point out Nvidia's efforts to curb miners' use of gaming cards are flawed (or outright malicious) while saying diddly squat about AMD's efforts which are... nowhere to be seen.

XaledUsing that energy for purposes other that making rich richer is definitely better.

Caring1Found it.