IBM and Samsung Unveil Semiconductor Breakthrough

Post by optimalsolver » Thu, Dec 16, 2021, 11:02 AM UTC

ephbit wrote: post #35

verytrivial wrote: post #32

Earlier quoted context omitted.

I would not march in the streets in protest if laws were passed curtailing proof-of-waste cryptocurrencies.

Let's chat about "proof-of-waste" again when in a few years central banks will have created so much inflation and enabled so much unsound government budgeting (simulaneously making inequality explode) that "proof-of-waste" will have become one of (if not) the most important non-manipulable linchpins that will coerce central banks to return to a less inflationary path. Just listen to what's happending in Turkey right…

Post by Apfel » Thu, Dec 16, 2021, 11:11 AM UTC

metanomicon wrote: post #38

jliptzin wrote: post #2

“Energy intensive processes, such as cryptomining operations and data encryption, could require significantly less energy and have a smaller carbon footprint.” Wouldn’t the difficulty just go up such that you’d need to expand the number of computers calculating hashes until the electricity usage again becomes the limiting factor?

Yes, it's essentially a factor of cost, not electrical consumption per se. So at best I don't see it helping to reduce the carbon foot print. In fact, there is a chance the problem would get worse. Consider the Braess Paradox as an analogy. https://en.wikipedia.org/wiki/Braess%27s_paradox It's possible that increased efficiency (more capacity) would incentivize a greater number people to mine until usage was higher t…

Post by aww_dang » Thu, Dec 16, 2021, 11:48 AM UTC

simonh wrote: post #42

ephbit wrote: post #35

Earlier quoted context omitted.

Let's chat about "proof-of-waste" again when in a few years central banks will have created so much inflation and enabled so much unsound government budgeting (simulaneously making inequality explode) that "proof-of-waste" will have become one of (if not) the most important non-manipulable linchpins that will coerce central banks to return to a less inflationary path. Just listen to what's happending in Turkey right…

I understand where you are right now, but the fact is central banks aren’t knowingly creating inequality, and aside from the ponzi scheme aspect the only economic use of cryptocurrencies is financing crime. I’m not going to persuade you now, so I wont try. Put a pin in your expectations for the future and revisit this in a few years or a decade’s time. Look at whether any of the extreme outcomes you are predicting no…

Post by foobiekr » Thu, Dec 16, 2021, 12:18 PM UTC

simonh wrote: post #42

ephbit wrote: post #35

Earlier quoted context omitted.

Let's chat about "proof-of-waste" again when in a few years central banks will have created so much inflation and enabled so much unsound government budgeting (simulaneously making inequality explode) that "proof-of-waste" will have become one of (if not) the most important non-manipulable linchpins that will coerce central banks to return to a less inflationary path. Just listen to what's happending in Turkey right…

I understand where you are right now, but the fact is central banks aren’t knowingly creating inequality, and aside from the ponzi scheme aspect the only economic use of cryptocurrencies is financing crime. I’m not going to persuade you now, so I wont try. Put a pin in your expectations for the future and revisit this in a few years or a decade’s time. Look at whether any of the extreme outcomes you are predicting no…

Post by acomjean » Thu, Dec 16, 2021, 12:59 PM UTC

mhh__ wrote: post #24

Tempest1981 wrote: post #15

Does this shift the balance between TSMC and Samsung and Intel? Or is it copyable? How soon could it be in production?

IBM are slightly weird in that they do ground breaking research and pump out some genuinely impressive products but then they don't seem particularly bothered selling these products to anyone with anything less than a board of directors.