SackMan518 Posted November 10, 2022 Share Posted November 10, 2022 3 hours ago, Jauronimo said: Can you testify as to what is you think you're looking at? No but it's a snapshot of some funny numbers, as I said I can't vouch for the truth of it but in NY I wouldn't be surprised. Quote Link to comment Share on other sites More sharing options...
Cinga Posted November 23, 2022 Share Posted November 23, 2022 In today edition of "You Can't Make This Shit Up", NYS passes a law limiting Crypto-mining over Environmental Concerns https://apnews.com/article/cryptocurrency-technology-legislature-kathy-hochul-climate-and-environment-444ea3b20e84e8f0ae7fb22fc8c24104 Quote “I will ensure that New York continues to be the center of financial innovation, while also taking important steps to prioritize the protection of our environment,” Hochul, a Democrat, said in a message explaining her approval............ The law also requires the Department of Environmental Conservation to asses how cryptomining affects the state’s ability to meet its climate goals. Environmentalists said New York was undermining those goals by letting cryptomining operations run their own natural gas-burning power plants. 2 Quote Link to comment Share on other sites More sharing options...
Crap Throwing Clavin Posted November 23, 2022 Share Posted November 23, 2022 1 hour ago, Cinga said: In today edition of "You Can't Make This Shit Up", NYS passes a law limiting Crypto-mining over Environmental Concerns https://apnews.com/article/cryptocurrency-technology-legislature-kathy-hochul-climate-and-environment-444ea3b20e84e8f0ae7fb22fc8c24104 This is news to you? There's been a lot of stories/opinions published in the past 3 years about the carbon footprint of the electricity usage for crypto mining. Hochul's well behind the trend. Quote Link to comment Share on other sites More sharing options...
Cinga Posted November 23, 2022 Share Posted November 23, 2022 2 hours ago, Crap Throwing Clavin said: This is news to you? There's been a lot of stories/opinions published in the past 3 years about the carbon footprint of the electricity usage for crypto mining. Hochul's well behind the trend. Yeah, I had forgotten about that ruse but now that you mention it, how do you enforce that law? Make people turn off their computers and servers? Now that you mention it, I wonder how much electricity it takes worldwide to print coin and currency or is this all just an attempt to steer people off real cash altogether and fulfill the government dream of data currency only. Save the planet and all that nonsense 1 Quote Link to comment Share on other sites More sharing options...
Ann Posted November 23, 2022 Share Posted November 23, 2022 4 minutes ago, Cinga said: Yeah, I had forgotten about that ruse but now that you mention it, how do you enforce that law? Make people turn off their computers and servers? Now that you mention it, I wonder how much electricity it takes worldwide to print coin and currency or is this all just an attempt to steer people off real cash altogether and fulfill the government dream of data currency only. Save the planet and all that nonsense Maybe if they didn't ship Niagara Falls power all over the northeast and down into DC, they could have "clean" hydro power for all their needs? 3 Quote Link to comment Share on other sites More sharing options...
Crap Throwing Clavin Posted November 23, 2022 Share Posted November 23, 2022 1 hour ago, Cinga said: Yeah, I had forgotten about that ruse but now that you mention it, how do you enforce that law? Make people turn off their computers and servers? A lot of the crypto mining these days is done in large server farms (as far as I know, @Foxx might know better). So you could in principle enforce it the same way they used find marijuana farms: look for electricity usage well outside normal for the general location. 1 hour ago, Cinga said: Now that you mention it, I wonder how much electricity it takes worldwide to print coin and currency or is this all just an attempt to steer people off real cash altogether and fulfill the government dream of data currency only. Save the planet and all that nonsense The latter. Government hates anonymous transactions. I'm surprised they haven't criminalized crypto in general yet, given that it's a basically untraceable funding mechanism for criminal/terrorist activity. 1 1 Quote Link to comment Share on other sites More sharing options...
Foxx Posted November 23, 2022 Share Posted November 23, 2022 6 hours ago, Cinga said: In today edition of "You Can't Make This Shit Up", NYS passes a law limiting Crypto-mining over Environmental Concerns https://apnews.com/article/cryptocurrency-technology-legislature-kathy-hochul-climate-and-environment-444ea3b20e84e8f0ae7fb22fc8c24104 The bill has been up in legislature for quite sometime now. With it's passage, I now have two years before I will become an outlaw if I continue to run mining rigs. If anyone would like to buy one, I have a considerable number of them and I can mine the spectrum of different mining algorithms as well. If I get the gumption and time, I will post images of my 'space' I built specifically to mine. 2 Quote Link to comment Share on other sites More sharing options...
Foxx Posted November 23, 2022 Share Posted November 23, 2022 2 hours ago, Cinga said: Yeah, I had forgotten about that ruse but now that you mention it, how do you enforce that law? Make people turn off their computers and servers? Rigs take a considerable amount of electricity. Wouldn't be too hard to run comparables and get a good idea of who is possibly doing what. Got a Smart Meter? Quote Link to comment Share on other sites More sharing options...
Foxx Posted November 23, 2022 Share Posted November 23, 2022 48 minutes ago, Crap Throwing Clavin said: A lot of the crypto mining these days is done in large server farms (as far as I know, @Foxx might know better). So you could in principle enforce it the same way they used find marijuana farms: look for electricity usage well outside normal for the general location. Yes, centralization of mining farms has been an ongoing trend. It was first started in China and has been adopted across the globe. Several companies across the US have done so, NYS being no different. A company in Ithaca resurrected an natural gas burning electric power generating plant with the sole intention of mining crypto (aka PoW). Not really sure what the outrage against this plant is all about, natural gas is one of the cleanest forms of energy we have. 2 Quote Link to comment Share on other sites More sharing options...
Taro T Posted November 27, 2022 Share Posted November 27, 2022 On 11/23/2022 at 1:38 PM, Crap Throwing Clavin said: This is news to you? There's been a lot of stories/opinions published in the past 3 years about the carbon footprint of the electricity usage for crypto mining. Hochul's well behind the trend. As opposed to the carbon footprint of electric cars. SMH. Quote Link to comment Share on other sites More sharing options...
4merper4mer Posted November 30, 2022 Share Posted November 30, 2022 On 11/23/2022 at 5:09 PM, Crap Throwing Clavin said: The latter. Government hates anonymous transactions. I'm surprised they haven't criminalized crypto in general yet, given that it's a basically untraceable funding mechanism for criminal/terrorist activity. Perhaps because they use it for their own activity? Quote Link to comment Share on other sites More sharing options...
Crap Throwing Clavin Posted November 30, 2022 Share Posted November 30, 2022 2 hours ago, 4merper4mer said: Perhaps because they use it for their own activity? Why would they need to? They don't need the anonymity of crypto/blockchain, when they've got SO many other time-tested methods. 1 2 Quote Link to comment Share on other sites More sharing options...
Keukasmallie Posted November 30, 2022 Share Posted November 30, 2022 On 11/23/2022 at 5:45 PM, Foxx said: The bill has been up in legislature for quite sometime now. With it's passage, I now have two years before I will become an outlaw if I continue to run mining rigs. If anyone would like to buy one, I have a considerable number of them and I can mine the spectrum of different mining algorithms as well. If I get the gumption and time, I will post images of my 'space' I built specifically to mine. Actually, I am interested in your offer. My problem at present is that my funding is currently committed to a bridge that I'm interested in adding to my portfolio. 2 Quote Link to comment Share on other sites More sharing options...
4merper4mer Posted November 30, 2022 Share Posted November 30, 2022 26 minutes ago, Crap Throwing Clavin said: Why would they need to? They don't need the anonymity of crypto/blockchain, when they've got SO many other time-tested methods. I suppose. Quote Link to comment Share on other sites More sharing options...
Foxx Posted November 30, 2022 Share Posted November 30, 2022 3 hours ago, 4merper4mer said: Perhaps because they use it for their own activity? It's because it is going to be attempted to be used to exert more control over mankind. Quote Link to comment Share on other sites More sharing options...
Foxx Posted November 30, 2022 Share Posted November 30, 2022 49 minutes ago, Keukasmallie said: Actually, I am interested in your offer. My problem at present is that my funding is currently committed to a bridge that I'm interested in adding to my portfolio. Shoot me a PM if your bridge doesn't work out. They are quite easy to run and have the side benefit of throwing heat in the winter time. Three rigs heat my house well enough that I need to have a window(s) open all Winter long. Quote Link to comment Share on other sites More sharing options...
Keukasmallie Posted November 30, 2022 Share Posted November 30, 2022 14 minutes ago, Foxx said: Shoot me a PM if your bridge doesn't work out. They are quite easy to run and have the side benefit of throwing heat in the winter time. Three rigs heat my house well enough that I need to have a window(s) open all Winter long. Sounds promising! If my bridge deal doesn't come to fruition (My people tell me Hunter Biden is bidding against me), I'll be in touch. 2 Quote Link to comment Share on other sites More sharing options...
4merper4mer Posted November 30, 2022 Share Posted November 30, 2022 1 hour ago, Foxx said: Shoot me a PM if your bridge doesn't work out. They are quite easy to run and have the side benefit of throwing heat in the winter time. Three rigs heat my house well enough that I need to have a window(s) open all Winter long. Can you briefly explain mining? 1. What are the mining servers actually doing? 2. How does this generate Bitcoin or equivalent? 3. Are the Bitcoin transferred from somewhere else or are they “freshly minted” in a virtual sense? Quote Link to comment Share on other sites More sharing options...
Crap Throwing Clavin Posted December 28, 2022 Share Posted December 28, 2022 This is objectively moronic. Quote Far too many took to the roads even after being warned, likely thinking it was just another winter storm. [...] It’s obvious that officials, from Gov. Hochul down, should have been more forceful with their warnings. The gist of the article is that people ignored warnings about the approaching storm, so it's Hochul's fault for not warning them more stringently. Because people who ignore warnings will listen to more stringent warnings, and it's authorities' fault that people exercise their own judgement. 2 1 Quote Link to comment Share on other sites More sharing options...
Koko Posted December 29, 2022 Share Posted December 29, 2022 1 hour ago, Crap Throwing Clavin said: This is objectively moronic. The gist of the article is that people ignored warnings about the approaching storm, so it's Hochul's fault for not warning them more stringently. Because people who ignore warnings will listen to more stringent warnings, and it's authorities' fault that people exercise their own judgement. Hochul should have invested in more signs. We all know that people follow what signs tell them to do. Quote Link to comment Share on other sites More sharing options...
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