Not sure how you arrived at that conclusion. I accept other peoples views and I even gave my full agreement that BTC is bad for the environment and suggested ways it could be improved.
Trying to impose a belief that BTC is not a currency wont work and it is in fact you who practices fanaticism due to your unwavering inability to see other perspectives, The MIGHTY GBP and the USD might control everything in your world but I am under no obligation to follow the conventions you do.
LOL, anyone not using the USD and GBP or any other countries physical currency is a fanatic huh? You seem to have it the wrong way around brother.
Bitcoin has a finite amount, there will only ever be 21 million. All other currencies can be easily printed and loaned to someone to double or triple it. Your narrative is becoming tiresome, you keep skipping over facts as if they are irrelevant.
Either accept the facts and type with facts in mind or Iām gone.
Thereās your tiresome narrative again. People have benefitted many people can pay their bills in El Salvador with BTC and no longer have to do a 2 hour journey.
What is it you hope to achieve from this chat? Both of us can have our view but itās not going to change anything. People will continue to mine, invest and use btc regardless of what you and I think or say.
From your perspective people like me are stupid for falling for a scam, I understand you and you might be better off just ignoring BTC and have nothing to do with it, Youāre not going to be able to sway anyoneās opinion if their mind is made up.
I donāt need to sway peopleās opinions, I hope those who come and read can get all the information on the pros and cons and will be able to deduct whether itās the future or not.
Also; replace āinconceivableā with āAnonymousā.
People will continue being criminals regardless of the law. Does not make them less criminals, does not mean people should not be educated to not follow them. That includes scammers.
To show that you are talking off your arse.
That your opinion is based on lies. That you believe to have knowledge but in reality you only repeat stupidities that āsomeone pleasant to hearā made you believe.
Basically, that you are living in your delusions of making passive profit.
I could not hear the first one, it was a very pitched noise so I had to close it.
The second one is quite a sales pitch hidden under a tech cloak. I understand his motives but as usual heās a zealot that does not want to know the negative effects.
Everything has two sides.
He also has a bunch of Bitcoin or Etherium stockpiled and needs to get out.
I doubt 15% reduction will make a huge change in the long run. That itās only 15% difference implies the ASICs were already near state-of-art for fabrication.
BTW, the ASIC is the chip itself, who knows, maybe Intel will use a LGA for them to enable easy upgrades.
Yes Iām aware. The entire device is also referred to as an ASIC.
The whole miner including psu, fans, controller, and the circuit board with the array of Asic chips on is referred to as an ASIC. So if I call up or email anyone selling them and say āiād like to buy an ASICā they will know what I am referring to.
ASIC also refers to the chips on the circuit board, each one is an ASIC and a group of them on a circuit board is an ASIC array.
I think itās silly they named the whole machine an ASIC when it should be called a BTC Mining Device which features an array of ASICās called BTC Processing Units. The specialised chips are made for only BTC so Iām unsure why they refer to it as the type of chip it is and not itās actual name.
The term ASIC only describes a chip or array of chips that were produced for a specific purpose.
Say if I manufactured a car and named it āSaloonā that name wouldnāt be appropriate because it describes all saloon cars.
Iāve actually had many sleepless nights trying to configure my many GPUās, after about 6 months I finally found a program I operate via windows powershell which turned off all gaming features on the GPUās making them stable for mining.
Up until that point I had to restart the miner every 8 or so hours to earn money. If you donāt class this as work then I donāt know what is. I must have reinstalled windows and drivers a good 150 times on all my machines thinking it was driver or operating system corruption.
So donāt think this is all plain sailing for me, I have worked hard to get to the level of stability I have now.
I read about a guy on reddit who has 70 Nvidia GPUās mining, suddenly all of them became unstable and he canāt get them to mine and is considering giving up mining, Now he has to call in an electrician to make sure things are fine. He has to organise a GPUās technician to make sure his gpuās arenāt damaged. Heās got his work cut out for him.
Iām unsure what your silly graphic was trying to say, but if youāre trying to say miners are lazy you are very much mistaken, they work very hard for themselves running their own little mining operation.
I have to re-apply thermal paste to many of my GPUās might take me a few weeks to do all of them, this is good honest work.
I secretly like when things go wrong, then I get to learn more.
My reason for being here is to give insight into certain aspects of crypto, Iām unsure if any crypto miners or people who own or deal in NFTās have typed here on these forums.
Is there anyone who has had a good or bad experience with NFTās? Iām very interested to read about it if youād like to come forward. Are there any BTC investors here? what are your findings?
