- Joined
- Aug 20, 2007
- Messages
- 21,542 (3.40/day)
System Name | Pioneer |
---|---|
Processor | Ryzen R9 9950X |
Motherboard | GIGABYTE Aorus Elite X670 AX |
Cooling | Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans... |
Memory | 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30 |
Video Card(s) | XFX RX 7900 XTX Speedster Merc 310 |
Storage | Intel 905p Optane 960GB boot, +2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs |
Display(s) | 55" LG 55" B9 OLED 4K Display |
Case | Thermaltake Core X31 |
Audio Device(s) | TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED |
Power Supply | FSP Hydro Ti Pro 850W |
Mouse | Logitech G305 Lightspeed Wireless |
Keyboard | WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps |
Software | Gentoo Linux x64 / Windows 11 Enterprise IoT 2024 |
Because where there's profit there is greed. There is no profit in BOINC, only hope and that's payment enough for most people. For those that isn't, well, probably better off without them. They can go make a business, buy their own hardware, and sell their computational product (cloud processing).
CPU-coins (Bitcoin included in it's respective era) have never been profitable. The current ones aren't, either. There is a simple reason for this: 1P systems are not cheap, no matter how many cores you cram in them, it reduces everyone to a high investment to "double hashrate" so to speak. You either need another full 1P rig which spreads market demand over several parts, or a 2p righ which will likely cost even more than 2 1P rigs. I went over this in my article. In short, any kind of BOINC based coin would probably not even pay electric. It would just be something, maybe nothing more than a badge of honor with the nice benefit of being a money transport system with cheap fees while we're at it.
Again, what do you see wrong with this?
Are you forgetting Ryzen, ThreadRipper, and EPYC?
Did you seriously just ask me that?
The many-core race is on. Just 11 years ago, dual-cores came of age. Today, you can buy an Xbox 360 with an octo-core.
An Xbox 360 was used to hash bitcoin back in the day. It performed worse than a single core, due to it having insane power draw and a very inefficient atomlike in-order CPU design. And that was bloody BITCOIN. It would be easy to make it harder.
Or a phone.
RISC-shit, same story (tried as well BTW).
Or Ryzen.
Now you're cooking, but it's still limited to a single machine, raising cost investment up front, and lowering profitability overall because you have to recoup a huge investment that you likely NEVER WILL MAKE BACK.
Instead of having a GPU shortage, we'll have a CPU shortage.
No, because most won't bother to build more than one rig, which they'll probably use for their everday activities mostly and not for the theortical coin.
Where the processing occurs really doesn't matter.
No, but the upfront investment does.
I mean, the only way to reasonably restrict processing right now is to make branching logic that runs like shit unless it's on a quantum processor (which there's only like a dozen of those in the world). Oh right, those machines are doing real science...
I'm guessing BOINC is not real science to you now? Why the sarcasm?
...so...you see...cryptocurrency is a solution looking for a problem...that doesn't exist...
Oh boy. Banks and swipe fees are not a problem, or don't exist? I don't know which I disagree with more, frankly...
What's the point of having Bitcoin if governments can use it for power?
Mainly a cheap and efficient payment system. I am neither a Marxist, nor a libertarian. I'm a normie. I'm a guy who is into technology and can see benefits without becoming ideologically attached to them. I'm a boring frog that posts news and sometimes has an opinion. It does not agree with a lot of what you said, sorry.
Now you're not cool anymore, so you've got to move onto something else to satisfy your desire to feel special.
I've never been cool. I'm a fat nerdy guy. I do have a job now though. That's enough.
The simple fact is that cryptocurrency has done plenty of good, but let's pretend it has done nothing but evil.
I think you need to take a breather and reread my entire post. I'm actually a believer in general purpose cryptocurrency.
Ironically, walking this middle-ground has probably made more people hate me than anyone thinking I am "cool."
Last edited: