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Bitcoin ate all the GPUs and I said nothing because I was not a gamer. Now Chia wants to eat all the hard disks, and I am pissed. I declare war on hegemonizing
by jl6 6y ago
Bitcoin ate all the GPUs and I said nothing because I was not a gamer.
Now Chia wants to eat all the hard disks, and I am pissed. I declare war on hegemonizing proof-of-waste swarms. Burn the coins. I want that disk space back.
- ancientworldnow 6y agoEthereum are the GPU's. Bitcoin utilizes ASIC's designed only for Bitcoin. This is an eventual e-waste issue, but not a GPU supply issue.
- jfim 6y agoDo bitcoin ASICs compete for the same limited IC foundry space?
- Phlarp 6y agoAntminer S19 uses a 7nm process, so yes.
- formerly_proven 6y agoNobody cares which coin of the week is used, it is time to get rid of the crypto garbage.
- spuz 6y agoThere was a period between about 2011 and 2014 when the fastest way to mine bitcoin was on a GPU and it did cause a shortage in cards: https://www.fool.com/investing/general/2013/12/11/amds-graphics-cards-are-selling-out.aspx https://www.fool.com/investing/general/2013/12/11/amds-graph...
- ClumsyPilot 6y agoAh yes, those days, I mined two bitcoins and sold them for $100, then got bored...
- mistrial9 6y agothere is no "eventual E-Waste issue" .. there has been an E-Waste issue for 20+ years. Ridiculous amounts of fresh water, electricity, transport fuel and other non-renewables have been poured into the PC industry since most here were born. The damage that this does is proportional to a few things, like the source of the electricity and the containment of the material and "end of life" .. Consumer electronics have been living way past their means for decades, but in the age of COMDEX Las Vegas, as long as the quarterly results match, few in a decision-making role actually care.
- deleted 6y ago[deleted]
- fmajid 6y ago“Chia” means “shat” in French.
- capableweb 6y ago"Chia" also refers to the plant "Salvia hispanica", that's Nahuatl/Mexicano.
- meowster 6y agoI'm from the U.S., and when I hear/read "Chia", I think of the Chia Pet. https://en.wikipedia.org/wiki/Chia_Pet https://en.wikipedia.org/wiki/Chia_Pet
- justinator 6y agoThey are one and the same!
- fmajid 6y agoQuite frankly, I'd rather eat shit.
- littlestymaar 6y agoIn French too [1]. «Chia» as “shat” is a theoretical conjugation of the slang word «chier» that you'll never meet in practice. [1]: https://fr.wikipedia.org/wiki/Chia_(plante) https://fr.wikipedia.org/wiki/Chia_(plante)
- fmajid 6y agoAs is the past form "shat" in English, for that matter.
- graeme 6y agoYou mean chier, the verb. Chia means chia
- 6y ago
- EMM_386 6y agoIn that thread, they do the math on Chia's current effect, and it is tiny. Not to say it won't grow to become a problem but even at 1EB of storage, it's not a problem: > Data center storage growth is round 2-2.5 EB/day. The 1.4 EB used by Chia so far is less than one day's data center growth. I'm not defending yet another wasteful use of cryptocurrency ... first it was the GPUs now its the SSDs.
- seanalexander 6y agoUntil we live in some horrid future where computers no longer have storage and we all use the cloud, consumers need to buy HDDs too. Not just data centers. This is a retail-level issue, not a data center growth issue. It's the same as how GPUs aren't on shelves because people use them to mine -- ASICs are better but the ASIC game is hard for retail "miners" to get into.
- yellow_lead 6y agoChia claims to be a more green solution. Even going as far as to call their white paper a "green paper." Not sure anyone told them that burning through hard drives isn't very green either. [1] https://www.chia.net/greenpaper/ https://www.chia.net/greenpaper/
- gruez 6y agoYeah, all the electricity savings is just going to go towards buying (aka manufacturing) more hard drives.
- deleted 6y ago[deleted]
- cheaprentalyeti 6y agoUh, the last time I checked, Bitcoin mining typically uses ASICs. GPUs are not involved.
- hsbauauvhabzb 6y agoLast I checked, miners aren’t mining Bitcoin anymore. But miners are making the GPU shortage worse.
- BenjiWiebe 6y agoMiners are definitely still mining bitcoin.
- jimmydorry 6y agoYou don't think this is exciting? I couldn't care less about what causes a surge in demand, but if there is substantial pressure on the HDD manufacturers to improve any of the following, consumers will only benefit: * lower price points ($/GB); * speed; * size; * availability / supply. Of course, it will suck in the short term if HDDs become much harder to find, but that should only last as long as the manufacturers believe this to be a short term trend.