Malaysian police crushing .2 million worth of cryptomining machines
Previously:
Large bitcoin mine in Ordos, Mongolia - video and photos
Bulldozer crushes illegally imported cars and bikes - GIF
Malaysian police crushing .2 million worth of cryptomining machines
Previously:
Large bitcoin mine in Ordos, Mongolia - video and photos
Bulldozer crushes illegally imported cars and bikes - GIF
New plans added on 11/04: Click here for 2,561 plans for homemade tools.
carloski (Oct 19, 2021), mwmkravchenko (Oct 18, 2021), nova_robotics (Oct 18, 2021)
EnginePaul (Oct 26, 2021)
It's a good gesture because crypto mining is a scourge, but realistically they were probably already obsolete. Those things have a shelf life shorter than mayonnaise left on hot asphalt. You buy them, run them flat out for 6 months, then throw them in the trash. At that point they barely even make back the cost of electricity. Crypto mining adds up to about 0.5% of global electricity use.
mwmkravchenko (Oct 19, 2021)
Riiiiiiiiiiiiight.... OR! The owner of this cryptomining farm stole $2 million in electricity to run their operation, got caught, and had their miners confiscated and crushed.
https://www.cnbc.com/2021/07/19/mala...ning-rigs.html
mwmkravchenko (Oct 21, 2021)
I understand the immense greed associated with this idea. Followed it from the getgo. It's an interesting study in human nature that I have followed at a distance. Something with no value held in high esteem because people believe it has value. Gets harder and harder to produce but, still has no value. It's rife with unscrupulous people that rob and hide the valued items. And has been used for more nefarious transactions that anything other than the US dollar.
But no I don't know or understand it. Therefore I fear it.
I fear the mentality that finds a great idea.
that_other_guy (Nov 2, 2022)
EnginePaul (Oct 26, 2021), mwmkravchenko (Oct 24, 2021)
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