Earlier quoted context omitted.
I'm going to interpret your current question as "Who has the authority to ban crypto?" The answer is the government. Governments are restricted to their borders but they do like to cooperate, and so EU may pass a general crypto ban and the EU may even ask the nations it trades with or that want to join to do similar. But there is no real question that a government may ban something in it's borders. "Ah, but I can get…
I take issue with the statement "it makes tax evasion stupidly easy". The moment you touch any US-based exchange, your information is up for grabs by a variety of agencies from IRS to various LEOs. It may make doing the deed easy, but it does not really change much. It has been years now since blockchain made it into mainstream. There are companies specializing in selling blockchain insights. Unless we are not talkin…
Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says
251–260 of 264 posts
Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says
#252Earlier quoted context omitted.
Are you suggesting that you could use Raytracing at all in modern games on a low end card like the RX 6500 XT? If you would use it you would lose the marginal performance increase of the updated architecture. Also content creation is a big point for younger generation if it is livestreaming, recording clips or general gameplay. This will both not be doable with this card if you don't have a good cpu. There is no disc…
> Are you suggesting that you could use Raytracing at all in modern games on a low end card like the RX 6500 XT? Yes? Minecraft Raytracing and Quake Raytracing are rather low-specs and probably would run on an RX 6500 XT. You might have to drop down to 720p but it probably would run.
[citation needed]
Strictly speaking, it will "run", but if it run well that's another thing entirely.
It was the reason why the meme for heavy game morphed to "but can it run Minecraft RT?" for a while.
Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says
#253Just make the card the best it can be, meet the demand, and make money AMD, NVIDIA, etc.
Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says
#254Earlier quoted context omitted.
The carbon argument is so weird to me because if people understood blockchains it would actually bolster their argument. Proof of Work Blockchains use the same energy whether there are any transactions or not. The idea that your participation or lack thereof deters demand in protest of the carbon footprint is just … wrong. Inaccurate.
Sure it’s not a direct per-transaction carbon footprint - but every transaction has mining fees, and more transactions mean there’s more money in mining which means more miners which means more carbon burnt.
Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says
#255Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says
#256Earlier quoted context omitted.
The fact that the entry-level card can run its clock 30% faster than the same line's top-end offering supports the story pretty solidly, IMO. Not supporting 8 GB of vram can't have given them enough breathing room to casually run the clock that fast, so this has to have been decided way up front. Like the article says, it remains to be seen whether this will also make the card bad at gaming, but I think that AMD at l…
The RX 6500 XT is a worse card than the RX480 released 5 years ago https://i.redd.it/oyxyoxmch2a81.jpg .
Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says
#257Earlier quoted context omitted.
Then you can use a drying rack indoors, as Europeans do... They look like this: https://alittlelifeineurope.com/2017/09/10/in-praise-of-the-... Electrical resistive heating clothes dryers are an enormous energy hog.
It's time to heat pump
Heat pump water heaters, though, are supposedly much better than resistive.
Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says
#258Earlier quoted context omitted.
Then you can use a drying rack indoors, as Europeans do... They look like this: https://alittlelifeineurope.com/2017/09/10/in-praise-of-the-... Electrical resistive heating clothes dryers are an enormous energy hog.
Not all Europeans use a drying rack indoors. In the Netherlands only the poor do this. It takes a long time and doesn't even save any energy as the water from your clothes makes your entire house humid and feel cold in the winter.
Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says
#259Earlier quoted context omitted.
Then you can use a drying rack indoors, as Europeans do... They look like this: https://alittlelifeineurope.com/2017/09/10/in-praise-of-the-... Electrical resistive heating clothes dryers are an enormous energy hog.
I'm familiar - however it's slow. What do you do if you need your clean clothes to be dried quickly?
Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says
#260Earlier quoted context omitted.
No, that's not moving goalposts. If Bitcoin miners waste renewable energy, the users of energy in general move to renewable later. If everybody is using renewable energy exclusivity for everything, is still wastage. PoW only work by adjusting it's consumption upwards to create scarcity, e.g. one block per 10 minutes. At that point we will be useless solar panels, covering land uselessly, etc, etc. Bitcoin is arbitrar…
"Waste". The parent's point is who are you to say? Maybe we should closely audit your energy usage and ban those activities we find objectionable. Authoritarianism isn't an ideal outcome.
You didn't read or you didn't understand what I said. It's waste because it's designed to create a scarcity. Not by the judgement of anyone of the usefullness. The power bitcoin uses is strictly a function of how much power is available, not what service is provides. Double the number of transaction rate: No change in power usage. Half the price of electricity: Double the power usage. This strange lack of connection between utility and resource usage makes it wastage. It might be hard to grasp, because there is nothing unlike it.
> Maybe we should closely audit your energy usage and ban those activities we find objectionable.
As stated above the energy consumption of bitcoin is not bad because the a decentralised ledger is objectionable, but because it's a controller (in the sense of control theory) tuned to make energy a scare resource. This is a scheme equivalent to poison every aquifer in the world to profit from the scarcity of water. It's doesn't matter if scarcity of water is useful for some apparatus, or if the task the apparatus performs is objectionable. If you want to monitor my non bitcoin energy-usage demonstrates you didn't understand is difference between utilisation of water for the sake of using it and for the sake of wasting it. Usage can be made more efficient, and new resources can cure a lack of water. In the case of wastage the wastage can by definion not become more efficient and new resources will not make it last any longer, but simply call for an increase the rate of poisoning.
Even if bitcoin had any use case besides randomware, which it doesn't, even if it did solve every problem the financial world had, it would see be wasteful. While most other technology becomes more efficient with further use cases, PoW becomes more wastefull, for reasons state above. The only way to make it more efficient is to make energy less aviable to humanity, as such are the perverse incentives of this scheme.