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Maybe I’m missing something, but what’s so wrong with selling a bike rack with every new car? Seems a bit silly, but I’d expect it would encourage cycling while

by seoaeu 5y ago

Maybe I’m missing something, but what’s so wrong with selling a bike rack with every new car? Seems a bit silly, but I’d expect it would encourage cycling while slightly raising the price of cars which are already under priced relative to the externalities they cause.

restingrobot 5y ago
It's more like selling a bike rack with a new car, that you have to pay $15 to the car company every time you use. The biggest issue I see is that Norton is charging their users a fee to use their own hardware to mine crypto.
mikeiz404 5y ago
The ethereum crypto minor for many would be a reoccurring net loss (or a negative externality on the person paying for electricity). > “Norton is pretty much amplifying energy consumption worldwide, costing their customers more in electricity use than the customer makes on the mining, yet allowing Norton to make a ton of profit,” tweeted security researcher Chris Vickery. Which is unlike a bike rack which if enabled/purchased but never used would be a one time loss. And for some one likely to transport bikes the bike rack would probably be beneficial. Edit: After doing some calculations for profitability with say the RTX 3070 with a hash rate of 60.5 MH/s and a power consumption of 160 W [0] at both the min and max average US state electricity prices of .1038 $/KWh and .3428 $/KWh respectively [1] is currently profitable with a return of $2.86/day and $1.94/day respectively [2] (ignoring all other costs). So for some this would be profitable for them with a potential reduction in the lifetime of their hardware. 0: https://www.nicehash.com/blog/post/nvidia-geforce-rtx-3070-mining-hashrate# https://www.nicehash.com/blog/post/nvidia-geforce-rtx-3070-m...! 1: https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=epmt_5_6_a https://www.eia.gov/electricity/monthly/epm_table_grapher.ph... 2: https://minerstat.com/coin/ETH https://minerstat.com/coin/ETH

by seoaeu 5y ago

restingrobot 5y ago

It's more like selling a bike rack with a new car, that you have to pay $15 to the car company every time you use. The biggest issue I see is that Norton is charging their users a fee to use their own hardware to mine crypto.

mikeiz404 5y ago

The ethereum crypto minor for many would be a reoccurring net loss (or a negative externality on the person paying for electricity). > “Norton is pretty much amplifying energy consumption worldwide, costing their customers more in electricity use than the customer makes on the mining, yet allowing Norton to make a ton of profit,” tweeted security researcher Chris Vickery. Which is unlike a bike rack which if enabled/purchased but never used would be a one time loss. And for some one likely to transport bikes the bike rack would probably be beneficial. Edit: After doing some calculations for profitability with say the RTX 3070 with a hash rate of 60.5 MH/s and a power consumption of 160 W [0] at both the min and max average US state electricity prices of .1038 $/KWh and .3428 $/KWh respectively [1] is currently profitable with a return of $2.86/day and $1.94/day respectively [2] (ignoring all other costs). So for some this would be profitable for them with a potential reduction in the lifetime of their hardware. 0: https://www.nicehash.com/blog/post/nvidia-geforce-rtx-3070-mining-hashrate# https://www.nicehash.com/blog/post/nvidia-geforce-rtx-3070-m...! 1: https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=epmt_5_6_a https://www.eia.gov/electricity/monthly/epm_table_grapher.ph... 2: https://minerstat.com/coin/ETH https://minerstat.com/coin/ETH