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Bitcoin mining: Riot Platforms’ 10-K is full of tentacles
(amycastor.com)
Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.
A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.
I’m both sympathetically furious and unsurprised that crypto data centers are so loud that they’re actively disrupting how folks in the area (generally a low-income small town) live
this quote is worth keeping handy whenever crypto fucks try to sell their shit with leftist-sounding talking points:
the egalitarianism of bitcoin in action. all this infrastructure being built for the sole purpose of capital jacking itself off more and more destructively until we’re all fucking dead. I’m guessing there’s gonna be no grid to distribute that dam’s power to any of that 40% of the population, cause it’s just cheaper and easier to build the pointless fucking data center next to the dam and fuck everybody else. and the whole time all it’s doing is making an ungodly noise, generating shitloads of heat, burning out ASICs that were e-waste from the moment they were manufactured, and enabling a tiny number of rich fucks to scam a little bit more money from folks poorer than them