• nik282000@lemmy.ml
      link
      fedilink
      arrow-up
      10
      arrow-down
      2
      ·
      1 year ago

      Not like the millions or billions of man hours wasted to make 50-ish removed into defacto-gods.

        • Marxism-Fennekinism@lemmy.ml
          link
          fedilink
          English
          arrow-up
          2
          arrow-down
          1
          ·
          edit-2
          1 year ago

          Potentially our future as well considering the carbon and ecological footprint of crypto, both in terms of energy spent mining, and production of single-purpose hardware that can’t really do anything else, rival some medium sized developed countries.

    • parpol@programming.dev
      link
      fedilink
      arrow-up
      5
      arrow-down
      11
      ·
      1 year ago

      Electricity better spent than what is dimming our night skies with light pollution, IMO, but also proof of stake fixed that.

    • RaoulDook@lemmy.world
      link
      fedilink
      English
      arrow-up
      5
      arrow-down
      16
      ·
      1 year ago

      The GPU mining got me a free GPU and several hundred dollars, for the cost of about 10 cents per KWh. I’d take that “scam” any day of the week, and so I mined until it was over for GPU mining. No regerts.

      • jaaval@sopuli.xyz
        link
        fedilink
        arrow-up
        9
        arrow-down
        3
        ·
        1 year ago

        And that money came from someone. You can’t win in crypto unless someone else loses. Typically it’s vulnerable people wishing for a get rich quick hack who lose.

        • RaoulDook@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          arrow-down
          4
          ·
          1 year ago

          You probably don’t really know how much of it works. I was paid by a mining pool, for completing blockchain work segments. The mining pool being a for-profit enterprise that pays GPU workers to mine coins that they keep or sell for profit. If you want to extrapolate that to the extent that you imagine I’m harvesting someone else’s wealth, then you’re going to have to warm up for an intense workout of mental gymnastics.

          • jaaval@sopuli.xyz
            link
            fedilink
            arrow-up
            3
            arrow-down
            2
            ·
            1 year ago

            No, you were given a piece of a worthless token by the mining pool. If you ever want to get anything with that worthless token somebody else has to lose money. That somebody makes the bet that another somebody will be an idiot and lose more money so he can get his back.

            • RaoulDook@lemmy.world
              link
              fedilink
              English
              arrow-up
              1
              ·
              1 year ago

              I bought gold with the crypto haha. Mined me up some gold with a computer.

              I’m hoping the gold appreciates in value over time, but I also just wanted to see if I could directly get gold with the crypto and I could.