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Supposedly (haven't dug into it yet) videogames consume more energy than bitcoin. [1] Yet we don't see a similar organized effort to ban gaming. Why? [1] htt

Supposedly (haven't dug into it yet) videogames consume more energy than bitcoin. [1] Yet we don't see a similar organized effort to ban gaming. Why? [1] https://bitcoinmagazine.com/business/introducing-cbei-a-new-way-to-measure-bitcoin-network-electrical-consumption https://bitcoinmagazine.com/business/introducing-cbei-a-new-...

rl3 6y ago
>Supposedly (haven't dug into it yet) videogames consume more energy than bitcoin. [1] Yet we don't see a similar organized effort to ban gaming. Why?* Because intellectual and entertainment pursuits generally benefit society. Selfish fucks continuously buying up an already scarce supply of specialized microchips for the sole purpose of greed isn't really comparable. Proof-of-Work crypto has completely screwed some scientists, artists, and just everyday people who might like to just unwind after a long day. During a global pandemic. Crypto in its current form tends to brings out the worst in us. It's kind of like social media in that regard.
- chroem- 6y ago
  But you could make identical arguments for gaming, so I don't see how that applies: >Because intellectual and entertainment pursuits generally benefit society. The ability to conduct business under oppressive regimes in foreign countries also has value. > Selfish fucks continuously buying up an already scarce supply of specialized microchips for the sole purpose of greed isn't really comparable. The same happens with gamers buying up cards, and there have been shortages pre-crypto as well. > Proof-of-Work crypto has completely screwed some scientists, artists, and just everyday people who might like to just unwind after a long day. During a global pandemic. Why can't you entertain yourself with something that's less damaging to the environment, like watching a movie? > Crypto in its current form tends to brings out the worst in us. It's kind of like social media in that regard. The same could be said for the gaming community, which is saturated with misogyny and racism. I suggest we ban gaming.
  - rl3 6y ago
    You're equating shortage driven by organic demand to that of shortage from cryptomining. The fundamental difference is that with organic demand, people typically just want one card. With crypto, the incentive is to get your hands on as many cards as you can, fuck everyone else. Then we find ourselves in this race to the bottom. Moreover, trying to equate the energy use of both activities is laughable when mining creates an environment where idle compute resources translate to lost profits. I'm sure many people have taken up watching movies instead. Thing is, the net energy use is still vastly higher because mining creates a perverse incentive for virtually all GPUs to be hoarded, while drawing power 24/7. I don't disagree that a large swath of gaming culture is a cesspool, nor do I disagree that crypto has beneficial uses. I do however think both are beyond the scope of this discussion. What I'm saying is that the Proof-of-Work model has run amok and is a net detriment to society right now in its current incarnation.
    - chroem- 6y ago
      Your argument is much like answering yes to the question "Does a pound of bricks weigh more than two pounds of feathers?" Gaming still uses more energy, even if you try to rationalize it by invoking the motivations of the people consuming the energy.
      - rl3 6y ago
        It's peculiar you chose to focus on gaming. What of professional uses cases? Science, art, engineering. Even so, GPU demand from gaming is satisfiable. Mining demand only ceases once the price of the underlying instruments fall sufficiently. More mining won't necessarily make that happen. My argument is that the mining dynamic itself is potentially insatiable and fundamentally detrimental on a societal level, whilst highly distasteful at that. It's like advocating for a never-ending greed olympics.
        chroem- 6y ago
        The focus on gaming is just as arbitrary as the focus on bitcoin, and that's my point. Gaming consumes more energy than bitcoin and yet its economic justification is even less clear. And yes, gamers do cause GPU hardware shortages, and they have done so many times in the past. It boggles my mind that your hill to die on in fighting the "never-ending greed olympics" is a tool that's predominantly used by small-time retail investors, i.e. regular people. According to your system of ethics, it's preferable to be an old-money banker that profits off of the destruction of economy, than it is to be a person using tools (cryptocurrency) designed to divest control over the economy from said profiteers. I strongly suggest you take your war on greed to Wall Street, rather than directing it at the people trying to dismantle the greedy system in the first place.
henearkr 6y ago
Because games serve another purpose than just the energy consumption. Whereas the bitcoin has no utility versus already existing fiat currency, except for the one to prevent any governmental fine tuning on the economics (by decentralizing). This fine tuning is notably required for, e.g., environmental issues, energy reforms, social support... or just for the government to work at all, deciding budgets, create laws and organize the society. Wanting to not participate in that in order to increase own's wealth is just wrong, and even wronger when you do that by monopolizing all of the planet's energy.

rl3 6y ago

>Supposedly (haven't dug into it yet) videogames consume more energy than bitcoin. [1] Yet we don't see a similar organized effort to ban gaming. Why?* Because intellectual and entertainment pursuits generally benefit society. Selfish fucks continuously buying up an already scarce supply of specialized microchips for the sole purpose of greed isn't really comparable. Proof-of-Work crypto has completely screwed some scientists, artists, and just everyday people who might like to just unwind after a long day. During a global pandemic. Crypto in its current form tends to brings out the worst in us. It's kind of like social media in that regard.

chroem- 6y ago
But you could make identical arguments for gaming, so I don't see how that applies: >Because intellectual and entertainment pursuits generally benefit society. The ability to conduct business under oppressive regimes in foreign countries also has value. > Selfish fucks continuously buying up an already scarce supply of specialized microchips for the sole purpose of greed isn't really comparable. The same happens with gamers buying up cards, and there have been shortages pre-crypto as well. > Proof-of-Work crypto has completely screwed some scientists, artists, and just everyday people who might like to just unwind after a long day. During a global pandemic. Why can't you entertain yourself with something that's less damaging to the environment, like watching a movie? > Crypto in its current form tends to brings out the worst in us. It's kind of like social media in that regard. The same could be said for the gaming community, which is saturated with misogyny and racism. I suggest we ban gaming.
- rl3 6y ago
  You're equating shortage driven by organic demand to that of shortage from cryptomining. The fundamental difference is that with organic demand, people typically just want one card. With crypto, the incentive is to get your hands on as many cards as you can, fuck everyone else. Then we find ourselves in this race to the bottom. Moreover, trying to equate the energy use of both activities is laughable when mining creates an environment where idle compute resources translate to lost profits. I'm sure many people have taken up watching movies instead. Thing is, the net energy use is still vastly higher because mining creates a perverse incentive for virtually all GPUs to be hoarded, while drawing power 24/7. I don't disagree that a large swath of gaming culture is a cesspool, nor do I disagree that crypto has beneficial uses. I do however think both are beyond the scope of this discussion. What I'm saying is that the Proof-of-Work model has run amok and is a net detriment to society right now in its current incarnation.
  - chroem- 6y ago
    Your argument is much like answering yes to the question "Does a pound of bricks weigh more than two pounds of feathers?" Gaming still uses more energy, even if you try to rationalize it by invoking the motivations of the people consuming the energy.
    - rl3 6y ago
      It's peculiar you chose to focus on gaming. What of professional uses cases? Science, art, engineering. Even so, GPU demand from gaming is satisfiable. Mining demand only ceases once the price of the underlying instruments fall sufficiently. More mining won't necessarily make that happen. My argument is that the mining dynamic itself is potentially insatiable and fundamentally detrimental on a societal level, whilst highly distasteful at that. It's like advocating for a never-ending greed olympics.
      - chroem- 6y ago
        The focus on gaming is just as arbitrary as the focus on bitcoin, and that's my point. Gaming consumes more energy than bitcoin and yet its economic justification is even less clear. And yes, gamers do cause GPU hardware shortages, and they have done so many times in the past. It boggles my mind that your hill to die on in fighting the "never-ending greed olympics" is a tool that's predominantly used by small-time retail investors, i.e. regular people. According to your system of ethics, it's preferable to be an old-money banker that profits off of the destruction of economy, than it is to be a person using tools (cryptocurrency) designed to divest control over the economy from said profiteers. I strongly suggest you take your war on greed to Wall Street, rather than directing it at the people trying to dismantle the greedy system in the first place.

henearkr 6y ago

Because games serve another purpose than just the energy consumption. Whereas the bitcoin has no utility versus already existing fiat currency, except for the one to prevent any governmental fine tuning on the economics (by decentralizing). This fine tuning is notably required for, e.g., environmental issues, energy reforms, social support... or just for the government to work at all, deciding budgets, create laws and organize the society. Wanting to not participate in that in order to increase own's wealth is just wrong, and even wronger when you do that by monopolizing all of the planet's energy.