The military has been suppressing advanced energy tech for 70+ years in order to maintain the stability of the global financial (slavery) system.
Decentralized energy production means loss of control.
We Need an Energy Miracle (2015)
11–20 of 62 posts
Re: We Need an Energy Miracle (2015)
#12All this cryptocurrenty craziness doesn't help either. I don't understand how the HN crowd that is usually so pro-environment, is also happy with the tons of wasted energy from crytptocurrency mining.
You derailed the entire point of the article by taking a tangent into a completely different, essentially irrrelevant, discussion.
“Bitcoin's electricity consumption as a percentage of the world's electricity consumption 0.09%“
How about Bill Gates and Terrapower trying to build a new generation of nuclear power in China?
https://qz.com/627113/bill-gates-says-china-is-the-best-plac...
Re: We Need an Energy Miracle (2015)
#13All this cryptocurrenty craziness doesn't help either. I don't understand how the HN crowd that is usually so pro-environment, is also happy with the tons of wasted energy from crytptocurrency mining.
> I don't understand how the HN crowd that is usually so pro-environment, is also happy with the tons of wasted energy from crytptocurrency mining
Iirc that's one of the points of proof-of-stake. PoS is nearly analogous to PoW in its platform implications - potential for centralization due to resource costs and so on - but doesn't rely on burning through processing power to be secured.
Re: We Need an Energy Miracle (2015)
#14Earlier quoted context omitted.
If the energy comes from a source where gathering and expending it doesn't have any adverse environmental effects then it's hard to say using it is "wasteful" - the only real problem comes if you assume using more power means more coal is burned and the like. Heavy coin mining tends to be done around the cheapest energy sources like hydro, and in the interim before burning fossil fuels is fully phased out I don't thi…
https://digiconomist.net/bitcoin-energy-consumption I beg to differ - currently just Bitcoin mining uses as much energy as country of Iceland - anything consuming energy on a scale of entire country (even small one yes) is environmentally significant.
“Bitcoin's electricity consumption as a percentage of the world's electricity consumption 0.09%“
By definition 0.09% is not significant. Eliminating it would not significantly impact climate change.
Re: We Need an Energy Miracle (2015)
#15Earlier quoted context omitted.
https://digiconomist.net/bitcoin-energy-consumption I beg to differ - currently just Bitcoin mining uses as much energy as country of Iceland - anything consuming energy on a scale of entire country (even small one yes) is environmentally significant.
“Bitcoin's electricity consumption as a percentage of the world's electricity consumption 0.09%“ By definition 0.09% is not significant. Eliminating it would not significantly impact climate change.
Excellent. Please send me a check for this insignificant amount, at current wholesale (business consumption) rates.
Re: We Need an Energy Miracle (2015)
#16All this cryptocurrenty craziness doesn't help either. I don't understand how the HN crowd that is usually so pro-environment, is also happy with the tons of wasted energy from crytptocurrency mining.
It's still young technology and the energy efficiency will improve with the lightning network or proof of stake or different concepts like filecoin.
The societal gain from these technologies is potentially very large and will hopefully realign interests in the direction of saving the environment rather than bailing out businesses.. But the most sane definition of money is actually energy imo
Also comparing the energy cost of printing physical money with mining cryptocurrencies is favorable to CC's iirc.
Re: We Need an Energy Miracle (2015)
#17All this cryptocurrenty craziness doesn't help either. I don't understand how the HN crowd that is usually so pro-environment, is also happy with the tons of wasted energy from crytptocurrency mining.
> I don't understand how the HN crowd that is usually so pro-environment, is also happy with the tons of wasted energy from crytptocurrency mining Iirc that's one of the points of proof-of-stake. PoS is nearly analogous to PoW in its platform implications - potential for centralization due to resource costs and so on - but doesn't rely on burning through processing power to be secured.
Paul Sztorc argues that PoS will burn as much electricity as PoW [1]. Buterin answers here [2].
[1] http://www.truthcoin.info/blog/pow-cheapest/
[2] https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ#doe...
Re: We Need an Energy Miracle (2015)
#18There are no miracles in tech.
We usually see things coming a long way off. We were burning coal just like wood - and the entire hydrocarbon industry is a big refinement on 'coal fires'.
Nuclear Energy has been vastly understudied in the last 30 years. There are so many opportunities there, and the 'yield' is earth-shaking: 1000 years of electricity.
Yes - I'm aware of the issues, but with the right approach, most of them, possibly all of them can be mitigated.
Just with '1980's tech' - and some institutional responsibility (A big 'ask', I know) - we could wipe out climate change for a hefty, but not unreasonable price tag. (FYI - a huge new component factored into costs is 'insurance' for these plants, which is crazy expensive and hard to assess - in addition to improvements - we can legislate and plan around these things).
At very least - we should be investing in research both in tech, but also in operating modalities. The upside is too great to ignore.
Re: We Need an Energy Miracle (2015)
#19Earlier quoted context omitted.
“Bitcoin's electricity consumption as a percentage of the world's electricity consumption 0.09%“ By definition 0.09% is not significant. Eliminating it would not significantly impact climate change.
Excellent. Please send me a check for this insignificant amount, at current wholesale (business consumption) rates.
What does the amount of money have to do with anything? If someone found a way to reduce the $20 trillion US deficit by 0.09%, and someone said that it’s not significant, would it rate the snarky “well, then send me a check for that amount”?
Would you optimize a program by refactoring a function that used 0.09% of the execution time?
Re: We Need an Energy Miracle (2015)
#20The military has been suppressing advanced energy tech for 70+ years in order to maintain the stability of the global financial (slavery) system. Decentralized energy production means loss of control.
The military, particularly DARPA has been introducing tech into the world that has utterly improved it for the better.
If I could be so bold: every piece of tech in your house depends in some way on military R&D.
Heyzeus - you even owe 'canned food' to Napoleon's supply-chain R&D.
It's a surprisingly long list when you account for actual history, not just the 20th century, which was huge.