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Its not just power usage - GPUs are essentially unavailable due to Ethereum mining right now, which has broader societal implications given the limited fab capa
by ArkanExplorer 6y ago
Its not just power usage - GPUs are essentially unavailable due to Ethereum mining right now, which has broader societal implications given the limited fab capacity. So we have a giant misallocation of energy, and a giant misallocation of computer hardware.
Trolley-bus and tram companies in my Eastern European city are increasing fare pricing due to electricity price increases - how much of that is due to increased demand from mining?
The very real, and very negative, implications of PoW mining are becoming apparent.