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Cryptocurrency Miners Are Using Old Tires to Power Their Rigs (vice.com)
Christopher Malmo, writing for Motherboard: An entrepreneurial cryptocurrency mining company has just announced an unusual deal: it has partnered with a tire-based waste-to-energy company in the United States to power its mining computers. Standard American Mining and PRTI, a tire "thermal demanufacturing" company based in North Carolina, are powering graphics cards-based mining equipment to earn a range of alternative cryptocurrencies like Ethereum. Basically, they take used tires and heat them to a precise temperature, resulting in components like steel (from belted tires), carbon black, and a burnable fuel. That fuel is the energy source driving turbines to make electricity, which powers an onsite cryptocurrency mining farm. Taking advantage of an underutilized electricity source to run computers isn't groundbreaking, but the unusual set-up shows that cryptocurrency mining is now profitable enough to justify finding quite unconventional sources of cheap or new energy generation.
Sounds like a splendid idea.
They should be wasting that heat, not using it to mine bitcoins! Bitcoins are harmful!
...Silk Road?
Yeah, I got nothing.
-- sigs cause cancer.
In the Obama-era EPA this company would have been regulated out of existence.
In the Trump-era EPA it might be hailed as "MAGA" and allowed to pollute the environment.
I guess there can be no "happy medium" between those 2 extremes....
"Heaven is where the police are British, the cooks French, the mechanics German, the lovers Italian, and it is all organized by the Swiss.
Hell is where the chefs are British, the mechanics French, the lovers Swiss, the police German, and it is all organized by the Italians."
...is bad for the environment.
Have gnu, will travel.
Thanks for mansharing.
I think the middle portion was actually mansplaining.
We can blame this on hyperspeculation in the value of cryptocurrencies. When these currencies become insanely valuable, it becomes profitable to get energy to mine them from insane sources.
Recall hyperinflation of the German Mark in the 1920s. At one point its value was so low that it made more sense to burn the notes than to use them to buy firewood. How long before it becomes profitable to burn actual bank notes to make electricity to mine bitcoin?
If it weren't for deadlines, nothing would be late.
Suck it up, buttercup.
Surely if they need to resort to these kinds of tricks to save money that shows that mining is NOT profitable. This isn't a surprise, we've known for some time the only way to profit from mining is if you can somehow externalize your power bill.
Troll much?
All hail the Springfield Tire Fire!
Cryptocurrency embiggens us all! They're the most cromulent currency!
...is a #cryptocurrency called #AwesomCoin which would be powered by labor of small children harvested from impoverished villages.
Preferably working in a combination of coal and uranium mines - and oil rigs. Oil is needed cause uranium won't burn as easily on its own.
Also, where possible, whale and dolphin fat would be added to the mix - for flavoring.
From time to time, in order to increase the value of #AwesomCoin through magic, some of the children would be offered as human sacrifices to Kali, Quetzalcoatl, Beelzebub, Donald Trump and Santa.
Not necessarily in that order.
#AwesomCoin mining facilities would be built on a large swat of land presently used as rain forests, in cooperation with Russian and South American criminal cartels and oligarchies.
#AwesomCoin would be combined with an app where one could purchase and kill real life kittens through a variety of means - from sitting on them until they are crushed to throwing them against an oncoming train (other methods to be added).
Mit der Dummheit kämpfen Götter selbst vergebens
If you want mine your own cryptocurrency, you need a motherboard with 19 PCIe 1X slots to plug in 19 GPUs and a couple of 1200W PSUs.
While as the source article says in more detail this company does have a novel new process for this, but what they're doing here is hardly new. It's just thermal plasma gasification with another name. I'm not against such a thing myself, assuming they are property filter the waste gases that these systems release. But at the end of the day here this is just a novel way for make a big of money on disposing of old tires. It usually cost money to dispose of these tires in a landfill.
I'm not a tree hugger by any stretch, but for you city slickers who've never seen in it person, burning tires is a nasty, nasty thing. They go for hours, produce a *massive* amount of thick, black and highly toxic smoke, and stink to high hell.
I see the summary conveniently avoids using the term "burning" ("thermal demanufacturing"? PLEASE!) but that's what this is. This is a terrible idea, especially when it's done in the name of "mining cryptocurrency".
> Religion (Particularly Christianity, but also Islam) and Corporatism are literally leading us to the extinction of the Human species.
Hyperbole much?
HOW _exactly_ are the religious people causing the extinction of the human species again???
Let me know when it hits 20,000 stories per day, then I’ll invest.
Want to swipe some Bitcoin?Just follow the tower of oily black smoke and go in with guns blazing..
Here in Arizona, we use old tires to make an asphalt replacement that is longer lasting and quieter to drive on than the traditional material.
Can't we just use Proof of Space, Proof of Stake, or any of the other alternatives that do not require the unnecessary burning of Tires,Trees,Coal,
Because they are proping up the excuse that our actions have no consequences, that a savior will come save us, and we can pollute all we want and it doesn't matter. Its also weaponizing our racism, and hurting everyone in the process.
when they can turn tires into Magic the Gathering cards.
They are both on fire and deflating
It was Mr. Reinhardts invention. As a kid in the 80’s, got a tour of his operation after the great “Tar’ Far’” in Virginia. https://www.google.com/amp/amp...
"for"?
Ezekiel 23:20
Cryptocurrency will propel humans into space exploration. We can built solar plants on the moon and transmit back only calculations :-) Stupid idea yea?
There was a high profile court case about this in New Zealand:
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The man who allegedly told Christine Rankin he felt uncomfortable when she moved as he could "distinguish her breast", today told the Employment Court he did describe her dress as "indecent" and "offensive".
Mark Prebble, head of the Department of the Prime Minister and Cabinet, was giving evidence for the Crown on the eighth day of the Department of Work and Income boss' damages case.
In describing his first meeting with Mrs Rankin in April 1999, Mr Prebble told the court:
"I was surprised that she had a very low-cut neck line. I thought it was revealing to the point it was indecent, and I found it offensive."
He said he was embarrassed by her low neck line, which was "improper for senior staff".
==============
She wasn't re-appointed to her role after her fixed term contract ended. She alleged sexism and political interference, and lost her case.
Or is it too dirty for even that resource barren place.
You DO realize that the secular humanist nations have been the most toxic on Earth, don't you?
There's a reason the Chernobyl (nukes with no containment) plant was in the officially atheist Soviet Union, along with all the old nuke subs that were just abandoned to rust and rot and leak in the arctic. Look at ANY of the old geopolitical entites that used to be east of the "iron curtain" and you find horrendous environmental messes. In the (culturally, somewhat) Christian west, the environmental movement took off and many were already being as environmentally clean as they could reasonably be to "protect God's creation". Sure, there were some environmental problems in the west, but most were by reckless cost-cutting secular businessmen, NOT the Amish, or a bunch of fundamentalist Baptists, or a pack of Lutherans operating family farms. It's not the Catholic church or a pack of Episcopals or Presbyterians who are out trashing the planet on the path to wildly obscene profits... it's usually a bunch of secular investors and executives, often based in big liberal secular cities calling those shots.
Now you just proved you know nothing of substance about Christianity. Your view of religion generally, and Christianity in particular, appears to be a cartoon version you got at the comic book store.
At the very core of Christian beliefs is that our actions absolutely have consequences, and that the saviour you refer to will not only save but also judge (and according to very high fixed standards, NOT on a curve), that racism is wrong and hurting people is wrong.
It's as though somebody announced authoratatively that the purpose of science and the internet was to enable people to do better astrology charts and molest children....
wow. don't even know how to properly illustrate how crazy far off the map you've gone.
igniorance on a billboard
just, wow.
What you are describing is NOT Christianity, nor Islam.
> excuse that our actions have no consequences,
The Bible teaches The Law of Karma:
* Matthew 7:12 "So whatever you wish that others would do to you, do also to them, for this is the Law and the Prophets."
* Matthew 26:52 "Put your sword back in its place," Jesus said to him, "for all who draw the sword will die by the sword."
* Galatians 6:7-9 shares, "Do not be deceived: God is not mocked, for whatever one sows, that will he also reap"
* 2 Corinthians 5:10 For we must all appear before the judgment seat of Christ, so that each one may receive what is due for what he has done in the body, whether good or evil.
> that a savior will come save us,
Irrelevant.
> and we can pollute all we want and it doesn't matter.
They are _completely_ twisting Genesis 1:26 "Then God said, "Let us make man in our image, after our likeness. And let them have dominion over the fish of the sea and over the birds of the heavens and over the livestock and over all the earth and over every creeping thing that creeps on the earth."
The second chapter of Genesis commands man to be a "good steward" of the earth.
The Mosaic Law teaches the same thing.
Peter says the same thing
The Bible _ends_ with the same message:
Next time, try READING the Bible, you might actually learn something.
" the unusual set-up shows that cryptocurrency mining is now profitable enough to justify finding quite unconventional sources of cheap or new energy generation."
It doesn't show anything of the sort. It shows that (a) cryptocurrency uses a huge amount of power and (b) that it's only marginally profitable. If it was hugely profitable you could use any old energy source. That a marginally cheaper energy source is worth pursuing shows that profitability is not that great to begin with.
ha, more sunlight falls on the ground than a thousand earth civilizations could use. it might propel the destruction of deserts, though after this current bubble pops bitcoin and "cryptocurrency" (really just virtual game tokens) might be unpopular for quite a while.
"the unusual set-up shows that cryptocurrency mining is now profitable enough to justify finding quite unconventional sources of cheap or new energy generation"
No, in fact it shows that it is now *unprofitable* enough that it's not worth plugging in your miners in the mains, and have to find cheaper ways.
Ah, I see why you find this upsetting. You're attracted to other men.
It would be like a man wearing biker shorts in the office that are tight enough to show off my private parts.
The only explanation I can think of for some guy's choice of clothing showing off your privates is if seeing that man in those clothes give you an erection.
Not that there is anything wrong with this, but I think you are getting upset about what women wear because you haven't come to terms with your own sexuality. You need to accept that you are a gay man and embrace your sexuality, and then you probably won't care about what your female co-workers wear.
Isn't it quite the opposite. The profit margin of mining is so low that they have to search out any insane source of cheap energy. Because if they had to pay full electricity prices they would go bancrupt.