Cryptocurrency CHIO can destroy an SSD in 40 days
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MonstroMart
We really need regulations for cryptocurrency. I don't know in which world our leaders live and what they are smoking but cryptoconcurrency despite what the advocates say and want us to believe is a big problem and will be an ever bigger one moving forward unless we regulate (or the bubble somehow burst by itself). Computers are not only used for gaming despite what lot of people think. They are used for lot of crucial works like medical research, banking, design, science, ... lot of those use cases actually require a powerful GPU.
It's not that big of a problem for now because people/companies already have computers and they don't necessarily have to upgrade now but if it keeps being the way it is now for another 20 years this will become a very big problem. I guess our leaders will regulate once they made lot of money with cryptocurrency and multiplied their assets by big multiplier (they are all already rich). Prople should stop drinking the advocates kool aid. The ideas behind cryptocurrency is good. But the current execution is atrocious and not sustainable long term and definitely 100% must be regulated.
Ssateneth
Irenicus
I still don't get why SSDs die, when they have no moving parts, it makes no sense
Irenicus
MonstroMart
CrazY_Milojko
kapu
MonstroMart
MonstroMart
CrazY_Milojko
kapu
ruthan
"All of those coins are a massive financial pyramid with little to no actual values. The amount of electricity consumed and waste is insane.
This has to be stopped or at least regulated on a governmental level."
It not pyramid, until it would start be regulated or completely banned ..
Its such way how to clean dirty money (bad thing, its money from drugs, prostitution, children work etc..).. and get rid off stupid government rules in 3rd world countries like China (good thing).
You cant fix it in short-term.. unless some big world united movement and such thing never happened.
If you want to something to help just fight against criminal acts in general.. and try get rid off world of bad governments somehow..
Venix
I wonder if a chia malware will break loose and start slurping down people's ssds .... That would be a huge problem!
Andy Watson
Being Guru 3D guys you are concerned about the hard drive hit, but actually what will kill this is the length of time to make any money at all! It's already huge for the person on the street to get anything and will only get worse with time.
It will be Chinese farms on gpu's competing against Chinese farms on HDDs ....
They'll probably have both to be honest.
What will then screw it all up if China then decides, to teach these people a lesson, by shutting up the Great FireWall of China so they can't get money for their blocks ... ouch...
And that screws up the entire pyramid, because this is all based on peer to peer and making sure that things are not spent twice in a timely manner, it's a currency after all, not an investment that goes up and down each day.
Ahem ...
Andy Watson
Note that these non bank based currencies have a big upside.
If you look at Argentina, with massive inflation and a government who seems more fixated about the Malvinas islands offshore than their entire country, their currency has deflated massively. So the central bank stops people trying to convert the local currency into dollars. They can do that with their local currency, but not crypto.
So in this respect crypto currencies have their place, they defeat a dodgy government who slaps on rules like a plaster / bandaid, rather than learning to govern wisely.
Venix
Ultimate retro enthusiasts challenge ! Make a plot using 1.44'' floppy drives ! That would need a lot of disk swaps. 😛
Lonja
kakiharaFRS
you only need to check the 1st words of derbauer to know this is a scam, something probably invented by drive manufacturers ><
you don't mine/farm coins...you farm lottery tickets to maybe (never) have a chance to win at leats regular mining your earning something 100% even if it's 0.000001cent
guys before posting anything go watch his video, half of your ideas he has already debunked
kapu
AlmondMan