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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.
...Silk Road?
Yeah, I got nothing.
-- sigs cause cancer.
Have gnu, will travel.
The energy could go to supporting the local grid, using the computing power to process more useful calculations.
The problem isn't that Bitcoins are evil, it is just they are in a bubble, and people are wasting time and money on them. 16k a bitcoin, and still growing... Why would I actually buy anything with a bit coin, its growth is too fast to be useful to spend on anything else.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
In the Obama-era EPA this company would have been regulated out of existence.
Bullshit. Gasification, a technology which was commonly used during WWII, was not only allowed but encouraged during the Obama Administration.
In the Trump-era EPA it might be hailed as "MAGA" and allowed to pollute the environment.
Pollute the environment, how exactly?
I guess there can be no "happy medium" between those 2 extremes....
Maybe, instead of guessing and remaining ignorant, you could actually learn something. The alternative is to remain willfully ignorant.
Gasification
The Fischer–Tropsch process
"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."
That may be true but idiots abound, as you have so fervently pointed out.
Please consider taking your idiotic politics somewhere where people will simply nod in agreement with you.
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.
Actually, one of the problems is that they're evil. They're explicitly designed to unnecessarily waste huge amounts of electricity. Might as well be a mad super-villain plotting to melt Greenland.
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So, we're going to burn tires -- which are pretty much inert, and produce a variety of toxic chemicals and nasty particulates -- all in order to create something that is completely useless. My counterproposal is that the gubmints "print" units of cryptocurrency without bothering with all the computing overhead and gives them away to each and every person on the planet on any birthday year that is a prime number. That'd make about as much sense.
I'll be turning 79 in a few months. 79 is a prime number. So let's get moving on this.
You can't see ANYTHING from a car, You've got to get out of the goddamned contraption and walk...Edward Abbey
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
> 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???
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.