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4541  Economy / Speculation / Re: The negative impact of mining farms on: October 26, 2014, 01:57:13 AM
A brain twister:

All of country_A's energy needs met by hydro power.
Megamine comes to country_A, and uses its hydropower, calling itself "green."
Since now there's not enough power left for the rest of country_A, coal burning plants are built to supply the deficit.
The coal plants aren't feeding megamine, they're feeding country_A; country_A is now dirty, while megamine is "green."

[spoiler]The country is burning shitloads of coal it wouldn't have, if not for the "green" megamine using up all the hydro.[/spoiler]
4542  Economy / Speculation / Re: The negative impact of mining farms on: October 26, 2014, 01:41:52 AM
...
One of their real farms is what you have pictured below.  The link you offered is another pitch, all I see is "will reside."
Now highlight the part stating renewable energy is actually being used Smiley
...It is my understanding ...Sorry, no exact quotes.
...

So, you got nothing other than "your understanding"?  Don't even joke like that. Cheesy  

http://thenodepole.com/regional-qualities/electricity-and-infrastructure/

This is the location of their farm.

If after reading this you are so dishonest as to say KNC's farm might not be powered by renewable energy than I can't help you anymore.

I tried to spoon feed you every information so you wouldn't choke on the truth but looks like trolls have digestion problem.

Face it troll, even after moving the goal posts, you lose.

You are linking me to a promo site.  I'm giving you actual stats for renewable energy in Sweden.

"The share of renewable energy in Sweden: [8]
1990 33 % 1995 36 % 2000 38 % 2005 41 % 2010 48 %"

Node Pole is in Sweden.  Why is Sweden not 100% green if there's a surplus of hydro power?  Or?
4543  Economy / Speculation / Re: The negative impact of mining farms on: October 26, 2014, 01:26:47 AM
...
One of their real farms is what you have pictured below.  The link you offered is another pitch, all I see is "will reside."
Now highlight the part stating renewable energy is actually being used Smiley
...It is my understanding ...Sorry, no exact quotes.
...

So, you got nothing other than "your understanding"?  Don't even joke like that. Cheesy  
4544  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 01:21:53 AM
Price is meaningless at this point...

/thread
4545  Economy / Speculation / Re: The negative impact of mining farms on: October 26, 2014, 01:08:42 AM
Quote
Our farms are naturally cooled by the surrounding arctic air and exclusively powered by renewable energy.

https://www.kncminer.com/news/news-102

Lol, that's their pitch for their new cloud mining farm.  Reading comprehension fail.

One of their real farms is what you have pictured below.  The link you offered is another pitch, all I see is "will reside."
Now highlight the part stating renewable energy is actually being used Smiley

Quote

Quote
KnCMiner’s center will reside inside the Arctic Circle in Boden, Sweden. Housed in a former army hangar, the massive facility’s energy needs are basically taking care of for the company. Solar power, low-cost hydroelectric power and the cold allow for these “mega data centers” usually needed for the high-demand of Bitcoin mining, and the virtually endless data needs of Facebook,  to flourish in the cold, while keeping costs of operations down.

http://www.datacenters.com/news/featured/its-green-at-the-top-of-world-cold-hard-bitcoin-data-centers-and-renewable-energy/

P.S:  Sam said plenty of things, along with the fact that they would only mine if the network was being threatened and that KNC would never compete with its customers.  That worked out pretty well, drop by the KNC thread and say hi, tell'em I sent you Cheesy
4546  Economy / Speculation / Re: The negative impact of mining farms on: October 26, 2014, 12:52:10 AM
...
KNC farms are located in the Node Pole region and... shall I really quote myself?

Please do.  Link?
4547  Economy / Speculation / Re: The negative impact of mining farms on: October 26, 2014, 12:47:13 AM
...
you need to refine your google skills it seems, troll

Feel free to post links to better data Smiley
4548  Economy / Speculation / Re: The negative impact of mining farms on: October 26, 2014, 12:46:02 AM
OK, wrong on Georgia. 
4549  Economy / Speculation / Re: The negative impact of mining farms on: October 26, 2014, 12:32:35 AM
"Mostly powered by hydroelectricity?"  Care to cite your sources?

KNC:  Nothing in Iceland, Sweeden--"About 25 percent of energy production is categorized to be renewable energy."
Georgia:  "Georgia Power generates more than 1,100 megawatts (MW) of renewable energy, representing about 7 percent of its generating capacity."

Keep 'em coming Smiley
4550  Economy / Speculation / Re: The negative impact of mining farms on: October 26, 2014, 12:28:17 AM
...VERY... WORLD...

Try bigass red bold font AND ALL CAPS 4 TRUTH2



*Lol @ "it's renewable"


4551  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 12:10:55 AM


4552  Economy / Speculation / Re: Why are people predicting the price going down? I predict it steadily growing on: October 25, 2014, 11:57:31 PM
...Most people seem to be pretty bearish right now, based purely on the price returning to more sustainable levels of growth...

Last year exponential growth was being touted as not just sustainable, but verging on mathematical certainty.

Was there ever a price at which you told people "Don't buy you idiot, sell!  This is unsustainable"?
4553  Economy / Economics / Re: Is Bitcoin currency or goods? Fungible or not? on: October 25, 2014, 09:36:58 PM
...I bet some judge rules that BTC are more like non-fungible goods than fungible currency.
...

You can mark a dollar bill (let's say with your signature), which doesn't make fiat any less fungible.
Neither does marking bills with a dye pack (money stolen by a clueless bank robber--your example).
I doubt the courts would treat BTC any different than a signed dollar bill, or one stained with a dye pack.
4554  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2014, 06:23:20 PM
I'm not looking at the price but it seems we're going up when everybody says trap

My guess is we're at 354?

Nah, load blown @ 355 and back in the 340s.
4555  Economy / Speculation / Re: The negative impact of mining farms on: October 25, 2014, 06:13:48 PM
Nah, you're just shitting up a perfectly good thread with your rude faggotry.
4556  Economy / Speculation / Re: The negative impact of mining farms on: October 25, 2014, 06:01:03 PM
Nah, I can spot butthurt when I see it.
I realize that constant loss of money due to stupidity is hard on you, but it doesn't excuse your abysmal manners Angry
4557  Economy / Speculation / Re: The negative impact of mining farms on: October 25, 2014, 05:52:04 PM


Stay rude and stupid.
4558  Economy / Speculation / Re: The negative impact of mining farms on: October 25, 2014, 05:47:13 PM
...
The burden of proof is on you to demonstrate they don't believe in their product.
...

I never made that claim.  You fail at reading just as badly you fail at basic etiquette Smiley
4559  Economy / Speculation / Re: Stupidity is the reason on: October 25, 2014, 05:35:02 PM
I think panic is the reason.  Most new users can't hold onto their coin when they sees a dump for -11.1% in a day but holding is the only way to go.

Hasn't been in 2014 Undecided
4560  Economy / Speculation / Re: The negative impact of mining farms on: October 25, 2014, 05:30:58 PM
...
They're hoping to be the first publicly traded Bitcoin company in the USA. You really think they "don't believe in the future of Bitcoin".
...

brg444, if you were planning to take your company public, would you announce that you don't believe in your own product?  Regardless of how you actually felt?

*And lrn to polite, faggot.
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