PoloBoiBoi
Great Supremacy Member
- Joined
- Oct 14, 2009
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Lazy to search my own thread, hackers use $45000 worth of AWS computing power to mine $800 of moneroCryptocurrency is creating GPU and energy crisis.. must be banned..
Ever again is a stretch, As time goes on, it become less and less profitable to mine crypto due to the amount of power needed. Not to mention government regulation like the one you see in China. Also most of the newer ones like Ethereum are POS instead of POW.
Eventually it will ease up. Not anytime soon but definitely not forever.
In fact I was just in Sim lim square the other day and they still had GPU for sale. The price is still very high but no doubt still available.
Ever again is a stretch, As time goes on, it become less and less profitable to mine crypto due to the amount of power needed. Not to mention government regulation like the one you see in China. Also most of the newer ones like Ethereum are POS instead of POW.
Eventually it will ease up. Not anytime soon but definitely not forever.
In fact I was just in Sim lim square the other day and they still had GPU for sale. The price is still very high but no doubt still available.
Blame crypto in generalYes this must blame the miners, they keep mining crypto until gpu too expensive. Govt should all ban crypto totally, if drugs can be countered, then crypto should be treated the same
Blame crypto in general
Then u need the land space......Setup solar farm + crypto farm. Viola.
Running highend card at 100% usage 24/7 ur card is gonna burn in 2 mths time , it aint gonna earn u $$
Now the only way to boycott them is don't buy mined gpu. Vote with your wallet. Don't let miner offload their gpu.
the only people who will be willing to buy their offloaded gpu is other miners anyway, you still wont get a chance to buy from them even if you want toNow the only way to boycott them is don't buy mined gpu. Vote with your wallet. Don't let miner offload their gpu.
The worse thing is that using unnecessary power is wasting public resources. Unless they use solar power or their own power source, it cause a problem of wasting power grid infrastructure resources so Govt should ban such crypto mining totally
Crypto mining requires an absurd amount of power to run. It is pretty obvious when they detect such a huge spike in power consumption in that area. Especially when the crypto miners did not register their business as something that could explain such high electrical consumption.