Stupid miners...

[Shack24]

This.....THIS.....is why no one can get video cards !!!!
https://www.tomshardware.com/news/environmentalists-shake-finger-at-finger-lakes-bitcoin-mining
&#$^$%^#&$*&@#$

 

[WhitetailAni]

6 minutes ago, Shack24 said:

This.....THIS.....is why no one can get video cards !!!!

Those are NOT video cards.

Those are ASICs. It's impossible to mine Bitcoin with a graphics card anymore.

 

EDIT:
Also, you can't game on an ASIC. They're, well... ASICs. Application-specific Integrated Circuits.

Plus, miners are NOT the only reason we have GPU shortages.

There's also:

- lower supply and higher demand due to COVID

- problems with getting the other components necessary for the GPU, not just the core

[steelo]

I don't think those are video cards.

[IkeaGnome]

You plan to game on an ASIC?

[SavageNeo]

miners are not the problem. sure they are not making it any better.

the problem is that demand is very high.

also some shortage on gpu parts.

also longer delivery times due corona

 

etc

[Wingfan]

9 minutes ago, FakeKGB said:

Those are NOT video cards.

Those are ASICs. It's impossible to mine Bitcoin with a graphics card anymore.

Read the article, dont just look at the pic.

[WhitetailAni]

1 minute ago, Wingfan said:

Read the article, dont just look at the pic.

I did.

It makes no mention of GPUs, graphics cards, video cards, and the like.

Unless the link takes you to a different article?

[Wingfan]

5 minutes ago, FakeKGB said:

I did.

It makes no mention of GPUs, graphics cards, video cards, and the like.

Unless the link takes you to a different article?

Its an article on mining, just pointing that out. 

[WhitetailAni]

1 minute ago, Wingfan said:

Its an article on mining, just pointing that out. 

I know that, but OP said "This is why we can't get GPUs" and linked an article about a mining farm full of ASICs.

[IkeaGnome]

2 minutes ago, Wingfan said:

Its an article on mining, just pointing that out. 

 

1 minute ago, FakeKGB said:

I know that, but OP said "This is why we can't get GPUs" and linked an article about a mining farm full of ASICs.

That doesn't once even mention GPUs, a shortage, ASICs, hash rate, or silicon.

Spoiler

Bitcoin mining is an incredibly resource-intensive process. So what better place to do it than an abandoned power plant? Well, as New York Focus reported this week, Finger Lakes environmentalists think the answer is “pretty much anywhere else.”

The conflict revolves around a power plant on New York's Seneca Lake called Greenidge. The company’s website says the plant was opened in 1937, shuttered in 2009, and purchased by new owners in 2014. Those owners started mining Bitcoin in  the facility in 2019.

New York Focus reported that Greenidge plans “to quadruple the power used to process Bitcoin transactions by late next year” as the cryptocurrency’s value soars. Environmentalists fear those plans would lead to dangerously high CO2 emissions.

This isn’t a new concern. Researchers have warned about the environmental implications of cryptocurrency mining for years, claimed that Bitcoin uses more electricity than all of Argentina each year and said the increasing popularity of Bitcoin mining could prevent countries like China from meeting their climate goals.

Yet, those warnings have often been ignored as Bitcoin’s value has risen. That’s unlikely to stop now that the cryptocurrency has a $1 trillion market cap and recently saw its price rise to an all-time high as the Coinbase trading platform went public.

Bitcoin’s defenders often claim that it’s hard to measure the cryptocurrency’s effect on global warming because every mining operation is different. Some could use the cleanest energy sources available; others might be as pollutant as they get.

This is where local conflicts like this come in. New York Focus pointed to the same numbers environmental advocates are using to argue against the company’s plans for expansion.

”Last year, Greenidge’s GHG emissions were far below the plant’s annual allowance of 641,000 tons of CO2-equivalent gasses,“ the report said. “But as Greenidge ramped up Bitcoin transaction processing throughout 2020, its rolling 12-month GHG emissions average soared nearly tenfold, from 28,000 tons in January to 243,000 tons in December.”

Now imagine how things could worsen if Greenidge quadruples power usage as planned. There wouldn’t necessarily be a one-to-one increase, of course, but it’s not hard to figure out why local residents might oppose Greenidge’s expansion plans.

The other fear is that more power plants — which, by their very nature, have access to the massive amounts of electricity required to mine Bitcoin—might follow Greenidge in expanding into the cryptocurrency market.

It’s worth reading the full New York Focus report on Greenidge’s situation, especially if you live in upstate New York, but this should serve as a welcome reminder that Bitcoin’s rise has far greater implications beyond making crypto enthusiasts rich.

 

[Wingfan]

7 minutes ago, FakeKGB said:

I know that, but OP said "This is why we can't get GPUs" and linked an article about a mining farm full of ASICs.

My bad, i didnt read what he said just clicked on the article.

[Doug_Dangger]

Sometimes I doubt if they really are making gpus in the numbers they are claiming.

I understand that the demand is higher than any time in the past.  But they are also claiming they are making more than before.

Yet it seems like the only place to buy one is from a scalper.  Something is just not right.

[Doug_Dangger]

30 minutes ago, Shack24 said:

This.....THIS.....is why no one can get video cards !!!!
https://www.tomshardware.com/news/environmentalists-shake-finger-at-finger-lakes-bitcoin-mining
&#$^$%^#&$*&@#$

 

A way to hit the miners is if governments hike up and create new tiers on the cost of energy they consume.

Since nearly all power plants are government regulated, the proper agency can start imposing a sliding billing scale on energy consumption.

Instead of a straight linear slope on power rates, it needs to resemble a hockey stick line.  Drastically raising the cost of energy would be a good way to curb mining.

[m9x3mos]

1 hour ago, Doug_Dangger said:

A way to hit the miners is if governments hike up and create new tiers on the cost of energy they consume.

Since nearly all power plants are government regulated, the proper agency can start imposing a sliding billing scale on energy consumption.

Instead of a straight linear slope on power rates, it needs to resemble a hockey stick line.  Drastically raising the cost of energy would be a good way to curb mining.

That would also have a huge negative impact on a number of other legit businesses like manufacturing etc.

[Doug_Dangger]

20 minutes ago, m9x3mos said:

That would also have a huge negative impact on a number of other legit businesses like manufacturing etc.

Exemptions for legit businesses that manufacture and employ others.

A 40 year old guy living by himself in an apartment with a farm of 300 gpus isn't doing anything to move the economy.

He can pay at a tier that 200-300% higher than everyone else.

[IkeaGnome]

8 minutes ago, Doug_Dangger said:

Exemptions for legit businesses that manufacture and employ others.

A 40 year old guy living by himself in an apartment with a farm of 300 gpus isn't doing anything to move the economy.

He can pay at a tier that 200-300% higher than everyone else.

That's very opinion based.

In the government's eyes, as long as he pays his taxes he's legit.

The government already gets the money they want from mining.