Trance (OP)
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February 21, 2014, 06:44:03 PM |
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Some people are so poor ALL they have is money
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Come-from-Beyond
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Newbie
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February 21, 2014, 06:47:41 PM |
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Every kWh spent for useless hashing == one kid suffering from malnutrition
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CryptoPanda
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February 21, 2014, 06:59:16 PM |
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yeah but it's pretty cool, you have to admit?
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proton
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February 21, 2014, 07:15:07 PM |
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And it costs 2.5 times more than average.
What about bio-powered bitcoins?
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Pentax
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February 21, 2014, 07:21:42 PM |
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I've looked into the this. problem is that solar is less cost efficient that electricity coming through your socket, most of the time.
Now, power generated by a water turbine, if you have access to moving water, is another story altogether.
there are a handful of different types of alternative energy, although I still haven't found anything that is more cost effective than power coming in through the sockets already.
could be wrong and if anyone has any bright ideas, I'm all ears.
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DannyHamilton
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February 21, 2014, 07:22:10 PM |
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Every kWh spent for useless hashing == one kid suffering from malnutrition
Sure, but what about the kWh that are spent for useful hashing?
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whtchocla7e
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Worlds Simplest Cryptocurrency Wallet
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February 21, 2014, 07:38:42 PM |
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Every kWh spent for useless hashing == one kid suffering from malnutrition
Sure, but what about the kWh that are spent for useful hashing? Useful hashing? That's a new concept, explain.
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Trance (OP)
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February 21, 2014, 07:40:22 PM |
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I've looked into the this. problem is that solar is less cost efficient that electricity coming through your socket, most of the time.
Now, power generated by a water turbine, if you have access to moving water, is another story altogether.
there are a handful of different types of alternative energy, although I still haven't found anything that is more cost effective than power coming in through the sockets already.
could be wrong and if anyone has any bright ideas, I'm all ears.
Air turbine (a lot of dislikes with the visual / decibel via sound of the wind turbine)
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Some people are so poor ALL they have is money
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jbrnt
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February 21, 2014, 07:43:51 PM |
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The plant looks beautiful. Don't understand the mining reference though...
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DannyHamilton
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February 21, 2014, 07:45:43 PM |
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Every kWh spent for useless hashing == one kid suffering from malnutrition
Sure, but what about the kWh that are spent for useful hashing? Useful hashing? That's a new concept, explain. Crypto-currency transactions need a reliable secure source for information about what has already been spent to prevent double-spending. Publishing hash results that meet a specific numeric criteria can be used as a method of securing a transaction ledger against manipulation. This ledger can then be publicly shared by everybody and anyone can use it as a reliable source of information about what has or hasn't yet been spent. This eliminates the double-spend problem without a need for a centralized third party to act as a clearing house for all transactions. This sounds to me like a very useful purpose for hashing. Essentially securing the transaction history of a fast, global, payments and store of value system.
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Gabi
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If you want to walk on water, get out of the boat
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February 21, 2014, 07:49:02 PM |
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Lol at troll spamming that mining is useless
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KonstantinosM
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February 21, 2014, 07:51:59 PM |
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I've looked into the this. problem is that solar is less cost efficient that electricity coming through your socket, most of the time.
Now, power generated by a water turbine, if you have access to moving water, is another story altogether.
there are a handful of different types of alternative energy, although I still haven't found anything that is more cost effective than power coming in through the sockets already.
could be wrong and if anyone has any bright ideas, I'm all ears.
[/size] There is the very important issue of ecosystem impact of the turbines. In the Mekong river for example many people have and will fall into poverty (Because of damming of the river in many key parts, a physical barrier for fish and other such effects) as well as many rare species will disappear (including a dolphin species).
Look it up. http://www.youtube.com/watch?v=dC07S8QuSlw (Ruthless damming of Mekong river could displace millions)
Nuclear is by far the best option.
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Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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Pentax
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February 21, 2014, 08:00:23 PM |
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I've looked into the this. problem is that solar is less cost efficient that electricity coming through your socket, most of the time.
Now, power generated by a water turbine, if you have access to moving water, is another story altogether.
there are a handful of different types of alternative energy, although I still haven't found anything that is more cost effective than power coming in through the sockets already.
could be wrong and if anyone has any bright ideas, I'm all ears.
[/size] There is the very important issue of ecosystem impact of the turbines. In the Mekong river for example many people have and will fall into poverty (Because of damming of the river in many key parts, a physical barrier for fish and other such effects) as well as many rare species will disappear (including a dolphin species).
Look it up. http://www.youtube.com/watch?v=dC07S8QuSlw (Ruthless damming of Mekong river could displace millions)
Nuclear is by far the best option. true. I was talking on a personal level, if someone is lucky enough to have a stream or river running through the backyard they can pretty inexpensively implement a solution that might actually save them some money.
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Come-from-Beyond
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February 21, 2014, 08:13:33 PM |
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Every kWh spent for useless hashing == one kid suffering from malnutrition
Sure, but what about the kWh that are spent for useful hashing? Well, useful hashing is good hashing. But Bitcoin should adopt Peercoin's approach.
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Come-from-Beyond
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February 21, 2014, 08:15:08 PM |
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Lol at troll spamming that mining is useless
Gabi, be an open-minded person!
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bananas
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February 21, 2014, 08:20:16 PM |
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in the guettos people just make non regular connections to the electricty wires
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moriartypants
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February 21, 2014, 08:25:22 PM |
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Every kWh spent for useless hashing == one kid suffering from malnutrition
Sure, but what about the kWh that are spent for useful hashing? Primecoin?
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V4Vendettas
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February 21, 2014, 11:17:46 PM |
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Being an x sparky made mining very cost effective for me back in 2011 installing my own 30 panel solar array. Should really have kept on mining That picture lol I feel inadequate now.
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ActM Thread
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February 22, 2014, 12:02:08 AM |
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It's certainly an impressive electrical installation.
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