Exactly… the projection that datacenters' demand for computing power won't be offset by silicon efficiency improvements is somewhat speculative; the projection that Bitcoin's demand for computing power won't be offset by silicon efficiency improvements is obvious and is by design of the fucking system.
bitcoin mining provides an opportunity for anyone, anywhere to convert their computing resources into value. the competitive pressure is to have more efficient energy usage than your competitors
so in reality, bitcoin provides an direct incentive for more efficient computing (the kind that can't be handle with by building smaller, more efficient processors). it might do more to boost computational efficiency (and reduce emissions) than all the millions of pages of blogger platitude-ing flooding the internet
Harping on about how individuals can reduce energy usage in computing but not talking about Bitcoin is directly comparable to pushing lame individual recycling efforts but ignoring coal power plants and industrial scale methane leaks.
The good thing about Bitcoin is that we can just ban it, since nobody actually uses it for anything important. It could be turned off tomorrow and nothing of value would be lost.
except all the goods and services that it currently stands in as a reference for (given people had to buy it with their own money, which they provided some service to obtain)
but hey,
except all the goods and services that it currently stands in as a reference for (given people had to buy it with their own money, which they provided some service to obtain)
floatboth|4 years ago
0thgen|4 years ago
so in reality, bitcoin provides an direct incentive for more efficient computing (the kind that can't be handle with by building smaller, more efficient processors). it might do more to boost computational efficiency (and reduce emissions) than all the millions of pages of blogger platitude-ing flooding the internet
Steltek|4 years ago
user-the-name|4 years ago
0thgen|4 years ago
0thgen|4 years ago