Crypto Goes Nuclear: Pennsylvania and Ohio to be Home to Nuclear-Powered Cryptomining

[laszlo]

crypto is not green no matter how to power it...

 

[SetsunaFZero]

crypto is not green no matter how to power it...

our dirty fiat system isn't much greener

 

[AusWolf]

our dirty fiat system isn't much greener

Human greed isn't much greener - fiat, crypto or otherwise.

 

[ThrashZone]

our dirty fiat system isn't much greener

Hi,
At least it's real and used to be backed by gold which is really mined lol

 

[WeeRab]

The world really has gone mad. Misusing huge amounts of real power to solve an algorithm that has no benefit at all to human existence.
There are no words....

 

[Dr_b_]

nuclear power at the point of generation may not emit greenhouse gases, but its emitting waste heat, and of course, producing horrifically dangerous toxic waste

 

[moproblems99]

Hi,
At least it's real and used to be backed by gold which is really mined lol

What good does 'used to be backed by gold which is really mined' do for fiat? It offers legitimacy for actually destroying the Earth?

 

[ThrashZone]

nuclear power at the point of generation may not emit greenhouse gases, but its emitting waste heat, and of course, producing horrifically dangerous toxic waste

Hi,
It also wastes limited fresh water for cooling.

 

[moproblems99]

Hi,
It also wastes limited fresh water for cooling.

25% of America's annual irrigation water usage goes towards growing food that ends up in landfills and dumpsters.

 

[Vayra86]

Human greed isn't much greener - fiat, crypto or otherwise.

THIS.

Meanwhile this is when/why crypto in its current form will rapidly die - if they push ahead on it which seems likely, much like our coming Green Deal.

Digital euro

The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

www.ecb.europa.eu

Might not even utilize blockchain at all. Ease of use combined with non volatility and properly backed is the only way any currency can actually be called currency.

And @moproblems99 fiat is backed by real world insitutions that are accountable. Central banks and companies that represent or hold actual capital, in the shape of what they contribute to an economy and society. Crypto is backed by faith it might someday change the world

 

[moproblems99]

And @moproblems99 fiat is backed by real world insitutions that are accountable. Central banks and companies that represent or hold actual capital, in the shape of what they contribute to an economy and society. Crypto is backed by faith it might someday change the world

That isn't what I quoted, please read it again. What I quoted was

used to be backed by gold which is really mined

What advantage does 'used to be' and 'really mined' provide fiat today?

 

[Vayra86]

That isn't what I quoted, please read it again. What I quoted was

What advantage does 'used to be' and 'really mined' provide fiat today?

My bad lol

 

[moproblems99]

To add:. If fiat isn't backed by gold today, then who cares if it was and was actually mined. It doesn't add any value today because they are decoupled. So I ask:. Who cares what fiat used to be if it isn't now?

And also: which is worse destroying hundreds of acres of greenery that absorbs co2 while polluting with co2 while you are doing it or just hashing a block?

Let's not forget how many gold mining operations catch gold with mercury and then force their workers to sort it while swimming in mercury laced water. I am so glad mining is so environmental!

 

[Vayra86]

To add:. If fiat isn't backed by gold today, then who cares if it was and was actually mined. It doesn't add any value today because they are decoupled. So I ask:. Who cares what fiat used to be if it isn't now?

Does that implicate we someday wont care about crypto having been mined at some point? Its an interesting thought.

 

[moproblems99]

I don't care it's mined now. I care it puts real dollars in my bank account.

 

[Solidstate89]

You'll remember this comment when your entire life lives in a blockchain - from democratic voting, to payments, bank accounts, taxes, and even your very own personal token.

I'll be laughing when we're all being sold and bought in the blockchain.

Yes the most inefficient database method ever devised by man whose only purpose right now is to scam people out of millions by grifting them with pump and dump altcoins is going take over all aspects of our lives.

Complete delusion.

 

[Zareek]

The world really has gone mad. Misusing huge amounts of real power to solve an algorithm that has no benefit at all to human existence.
There are no words....

Yup, and don't forget how crypto has also enabled cyber crime to become a full on epidemic! How would all these ransomware attacks be pulled off using traditional currencies?

While I support nuclear power, I don't support wasting energy! Mining using nuclear power is just as wasteful as using any other power source.

 

[moproblems99]

Yup, and don't forget how crypto has also enabled cyber crime to become a full on epidemic! How would all these ransomware attacks be pulled off using traditional currencies?

I never realized that cyber crime couldn't flourish before crypto! Thanks for bringing that to the forefront of the world.

Amazing such a simple endeavor of banning crypto would stop world cyber crime!

 

[R-T-B]

So much for claims that crypto is free from governmental and corporate influence.

Did anyone ever claim it was free from corperate influence? And this still doesn't impact the codebase or rules at all.

This is incredible stupid. The US is still burning coal as if they where some poor 3rd world country, so this is just shifting power away from the countries needs, it's as green as i am a green martian.

This plant would likely be closed, mothballed, and providing zero energy (rather than a cut) of it to civilian tasks without crypto.

While I support nuclear power, I don't support wasting energy! Mining using nuclear power is

See above.

I never realized that cyber crime couldn't flourish before crypto! Thanks for bringing that to the forefront of the world.

Amazing such a simple endeavor of banning crypto would stop world cyber crime!

Did we not have telephone "support" hijacking scams well before crypto existed? Yes, we did.

Yes the most inefficient database method ever devised by man whose only purpose right now is to scam people out of millions by grifting them with pump and dump altcoins is going take over all aspects of our lives.

Complete delusion.

Blockchain is not inherently inefficient. PoW is.

Blockchain is a world changing tech for those who understand its capabilities, which extend far beyond printing bitcoins.

You are looking at one negative feature that affects us, and failing to see the overall picture.

At least it's real

How? I mean its just serial numbers on paper at it's heart too. The only thing making it "real" is the same thing that makes bitcoin real.

Trust, in respective markets.

 

[moproblems99]

Did we not have telephone "support" hijackimg scams well before crypto existed? Yes, we did.

Apparently crypto existed at the time or it wouldn't have been possible

 

[AusWolf]

Did anyone ever claim it was free from corperate influence? And this still doesn't impact the codebase or rules at all.

I just assumed that people wanting to be free from dirty evil governments would also want to be free from dirty evil corporations. My bad.

 

[xorbe]

25% of America's annual irrigation water usage goes towards growing food that ends up in landfills and dumpsters.

California screams at people to not waste water, local municipalities run around writing residents water tickets and water fines. In reality, 95%+ of the water is used unchecked by businesses. Local powers claiming to crack down on grandma watering her flowers out front, it's all virtual signalling for the neighborhood news.

 

[Caring1]

California screams at poor people to not waste water, local municipalities run around writing residents water tickets and water fines. In reality, 95%+ of the water is used unchecked by businesses. Local powers claiming to crack down on grandma watering her flowers out front, it's all virtual signalling for the neighborhood news.

Fixed that for you.

 

[moproblems99]

I just assumed that people wanting to be free from dirty evil governments would also want to be free from dirty evil corporations. My bad.

Good luck trying to keep corporations from influencing something. In fact, I don't think I can think of anything they don't have a hand in.

 

[R-T-B]

I just assumed that people wanting to be free from dirty evil governments would also want to be free from dirty evil corporations. My bad.

You are always under the influence of something. It's unavoidable. That said, less is better, generally.