Emissions from computing are apparently higher than for air travel, and that’ll only go up in the coming decades.

“As a society we need to start treating computational resources as finite and precious, to be utilised only when necessary, and as effectively as possible. We need frugal computing: achieving our aims with less energy and material.”

arxiv.org/abs/2303.06642

#ClimateChange

@Brendanjones #SystemChangeNotClimateChange means the necessity to go 100% renewables...

As well as banning the prime cause in surges on enercy consumption in computing: #Bitcoin :bitcoin: and other #ASIC - based #Cryptocurrencies...

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@kkarhan

You don't need to ban Bitcoin.

Bitcoin energy consumption is a symptom, a solution to a deeper problem.

If the value of Bitcoin to minors didn't so exceed the price of electricity then they wouldn't bother mining.

So, increase the cost of electricity and/or provide alternatives that outcompete Bitcoin on its value proposition

It's the build up, don't tear down approach.
@Brendanjones

@volkris @Brendanjones #ASIC-#Mining is not only a #Scam that doesn't turn a profit but it's #wastefulness goes beyond the sheer use of #electricity and thus #offsetting of #renewables:
youtube.com/watch?v=sw6aMxaNmX

You do realize that thise ASIC-Miners can't do anything but mine #Bitcoin :bitcoin: and in their very nature centralize #capital on a blockchain harder than any #PrintingPress does for #fiat?

Thus these create a shitton of #eWaste that isn't really recyleable!

@volkris @Brendanjones Because unlike a #Server or #Desktop-#PC that mined #Monero those #ASIC|s can't be #reused for anything because they are even inefficient as a space heater!!!

@kkarhan @volkris @Brendanjones FYI, electric resistive space heaters are 100% efficient - you might want to find a different comparison. To that end, my old office building had a cryptomine in the basement - energy efficiency projects resulted in a spare 1MW of capacity… they installed miners, and directed the heat into the underground garage and the loading dock. It’s not a waste if you can find a good use for the heat.

@kkarhan

People value mining.

The miners mine.

Just because you personally don't value mining, which is entirely fair, doesn't mean it's a scam.

I mean, I have no interest at all in the Super Bowl, but I'm not going to call Super Bowl tickets a scam just because I don't value the experience a person gets from them.

This whole storyline is based on people projecting their own personal preferences on others and crowing about results that they don't personally care for.

It's silly.

@Brendanjones

@volkris @Brendanjones

#Mining #Bitcoin :bitcoin: is a #scam - just look up the numbers by those "Bitcoin Mining Companies"...

But I guess your #EscalatingCommitment into #ASIC-mined #Cryptocurrencies is because you directly or indirectly profit from that unsustainable system.

Fear not, there's some 101 Economics for you for free:
youtube.com/watch?v=YQ_xWvX1n9

qoto.org/@volkris/111183605561

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