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#bitcoinmining

1 message1 participant0 message aujourd’hui
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Jan Walraven

Op zoek naar een alternatief voor #spotify? Eerst en vooral: goed! Ten tweede: check #Qobuz. Een Frans bedrijf dat artiesten deftig(er) betaalt dan Spotify en co. Dat is toch al iets. De eerste maand test je gratis. Je kan er ook muziek kopen, zoals op #Bandcamp, en je krijgt er een digitaal muziekmagazine (door mensen gemaakt!) bovenop.

Artiesten die Spotify de rug toekeren, verwijzen naar #Tidal, maar moederbedrijf #BlockInc kondigde recent aan vooral in #bitcoinmining te investeren.

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⚯ Michel de Cryptadamus ⚯

#bitcoin transaction processing (“mining”) output¹ just fell off a cliff after the U.S. bombed #iran.

remember, the perfect use case for bitcoin and other cryptocurrencies is as a medium of exchange between a small cabal of fascist kleptocratic states that don’t trust each other. that’s why russia, iran, and north korea are all so big on bitcoin.

here's an article summing up the known history of iran's bitcoin mining operations: ncr-iran.org/en/publications/s

¹ maybe more properly described as “output”, with scare quotes (it’s really a measure of the amount of energy wasted per bitcoin transaction)

chart showing mining hashrate dropping from ~905 exahash per second to 850 exahash per second over the course of two days with the comment "So I'm just gonna say it, Iran was mining bitcoin in the mountains"
#israel#eupol#uspol
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DoomsdaysCW

The noise of #BitcoinMining is driving #Americans crazy

Constant hum of fans that cool #DataCenter computers is turning residents against #Trump's pro-#cryptocurrency agenda

Scientists are increasingly linking 'prolonged exposure to #NoisePollution with cardiovascular damage'

By Harriet Marsden, The Week UK
published 5 days ago

"The relentless '#MechanicalHowl' of a #cryptocurrency mining facility has become 'the soundtrack to life for hundreds of residents' in #GranburyTX, a small rural town in #Texas, said The Guardian.

" ;It echoes across agricultural land and forests, chasing away deer. It seeps into walls, vibrating bedrooms and dinner tables.' One resident said it was as though a 'jet engine is forever stationed nearby'.

"Bitcoin mining has exploded in the US over the past decade, particularly in the wake of Donald Trump's re-election to the White House and his embrace of cryptocurrency. But it's an energy-intensive process: the powerful computers that create and protect the cryptocurrency need fans on the go constantly to cool them down. And across #rural, mostly #Republican towns, residents are getting sick of the noise – and getting sick, full stop."

theweek.com/tech/the-noise-of-

Archived version:
archive.ph/fnuCT

#AIColonialism #NoNukesForAI #AISucks #WaterIsLife #Enshittification #AIPollution #NoisePollution
#DataCenters #USPol #NoisePollution

The Week · The noise of Bitcoin mining is driving Americans crazyConstant hum of fans that cool data-centre computers is turning residents against Trump's pro-cryptocurrency agenda
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⚯ Michel de Cryptadamus ⚯

🇷🇺 Russia has announced it is actively using #Bitcoin to settle cross border payments as an alternative to the US dollar based system that #Putin claims has been "politicized". #Russia is already the 2nd largest miner of bitcoins in the world and will inevitably overtake the US as the largest as the price of energy makes running bitcoin transaction processors (some call them "miners") in the US uneconomical.

So what we have here is a situation where the largest American asset managers (e.g. #Blackrock, #Fidelity) as well as the Trump team (in particular transition team chairman #HowardLutnick) are peddling a #USD alternative to retirees that actively enables #VladimirPutin to prosecute his various nefarious activities.

The circle of crony capitalism is complete; there's no turning back from here. #VladimirPutin and other bad actors will do whatever they want, at least until we get another 9/11.

reuters.com/markets/currencies

Reuters headline
#crypto#cryptocurrency#BTC
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ℵ₀ 🏳️‍⚧️🏴‍☠️

NOTICE:

I'm NOT an advocate of #cryptocurrency; these links are here to facilitate access to information specifically pertaining to the power consumption/efficiency and greenhouse gas emissions of Bitcoin mining.

ccaf.io/cbnsi/cbeci
(Via)
jbs.cam.ac.uk/faculty-research

#Bitcoin #network #powerdemand
&
#Bitcoinmining #hardware #efficiency
&
#greenhousegasemissions #metrics

ccaf.ioCambridge Blockchain Network Sustainability IndexThe Cambridge Blockchain Network Sustainability Index (CBNSI) is created and maintained by the Cambridge Digital Assets Programme (CDAP) Team at the Cambridge Centre for Alternative Finance, an independent research institute based at Cambridge Judge Business School, University of Cambridge.
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Benjamin Carr, Ph.D. 👨🏻‍💻🧬

Over 2% of #US’s #electricity now goes to #bitcoin
US tracking energy implications of booming #bitcoinmining in US. Mining fall in two major clusters: #Texas, and one extending from New York down Appalachians to Georgia. Miners are opening shop near #fossilfuel plants that might be reasonable candidates for retirement if it weren't for their use to supply bitcoin. Miners are contributing to all of #health and #climate problems associated with continued use of fossil fuels arstechnica.com/science/2024/0

Ars Technica · Over 2 percent of the US’s electricity generation now goes to bitcoinUS government tracking the energy implications of booming bitcoin mining in US.
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Falling Knife

Hello everyone. I'm FallingKnife (not my real name). The same FallingKnife from BitcoinTalk.org, Reddit, Nostr and Twitter. In 2011 I went down the #Bitcoin rabbit hole. I have been an #crypto miner, trader, hacker, #hodler and experimenter.

I've celebrated Bitcoin's $1 Billion marketcap, and its $1 Trillion marketcap.

I've been around a long time, seen a lot of scams and rug pulls, but also have seen an incredible amount of innovation.

I'm looking forward to thoughtfully engaging on topics like #Bitcoin, #Altcoins, #NFT's, #bitcoinmining #DeFi, and non-centralized systems.

Here to learn, and to listen to and understand Bitcoin haters.

A répondu dans un fil de discussion
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Paria sans portefeuille

@blacklight

"This factory that produces nothing is going to be the #1 user of water in our entire county."

Jacky Sawicky, founder of the Concerned Citizens for Navarro County and a member of the NCAC: National Coalition Against #CryptoMining, joins Scam Economy with Matt Binder to tell us exactly what happened when #RiotPlatforms brought their #BitcoinMining operation to her Texas town.

youtu.be/aS0VkG6_Kzk

YouTubeBitcoin Miners Are Making Bank...But Not From Mining Crypto (w/ Jackie Sawicky) - Scam Economy #48Par Matt Binder
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