Bitcoin miner - page 149

[Georgiy Merts]

TheXpert:
No way. no one knows the new ceiling. So far I can only say it's over 50k, I'm still guided by 70-80

Yep... Once currency inflation was curbed, it went into steady multi-year growth...

Still waiting for crypto transactions to be restricted by law....

[Georgiy Merts]

Andrei Trukhanovich:
No one in their right mind is referring to bitcoin when they talk about mining

Andrei, you should find a more original avatar... "Riding on other people's popularity" is not good in my opinion.

[Maxim Romanov]

Georgiy Merts:

Andrei, you should find yourself a more original avatar... "Riding on other people's popularity" is not good in my opinion.

I think they have a corporate style.

[Mikhail Mishanin]

There you go)

https://habr.com/ru/news/t/541908/

[Aleksey Mavrin]

Mikhail Mishanin:

There you go)

https://habr.com/ru/news/t/541908/

Yeah, I see a future a la mad max, where states form around major hydroelectric power stations and data centres with farms ))))

[Maxim Romanov]

Aleksey Mavrin:

Yeah, I see a future a la mad max, where states are formed around the biggest hydroelectric power plants and data centres with farms ))))

Yeah, when all the resources are converted into bitcoins, we'll be chasing petrol across the desert.

It's even weird... Miners recycle resources into nothing and society rewards them for it. Surrealism.

[Valeriy Yastremskiy]

Maxim Romanov:
Yeah, when all the resources are converted into bitcoins, we'll be chasing petrol across the desert.

It's even strange... Miners recycle resources into nothing and society rewards them for it. Surrealism.

Strange to hear from you. Mining - supporting a blockchain network that has essentially replaced transactional banking - has proven to be commensurate with the costs of that transactional activity. And if it turns out to be less, it will replace bank tellers))) Also the possibility of anonymity gives almost perpetual demand for such pseudo-banking in the shadow sector and the underworld. And that world is not about to die.

[Maxim Romanov]

Valeriy Yastremskiy:

Strange to hear from you. Mining - supporting the blockchain network, which has essentially replaced transactional banking - has proven to be commensurate with the costs of that transactional activity. And if it turns out to be less, it will replace bank tellers.)) Also the possibility of anonymity gives almost perpetual demand for such pseudo-banking in the shadow sector and the underworld. And that world is not about to die.

Yes I understand what miners get paid for) But if you abstract away from the blockchain, it looks strange and amusing from altitude. The only thing is, I don't know how much banks spend on operations. Maybe mining really is more energy efficient.

But the Mad Max world doesn't care, it can advance slowly but surely.

[Valeriy Yastremskiy]

Maxim Romanov:
Yes I understand what miners get paid for) But if you abstract away from blockchain, it looks weird and funny at all from the top. The only thing is, I don't know how much banks spend on operations. Maybe mining really is more energy efficient.

But the world of Mad Max doesn't care, it can come on slowly but surely.

an unregulated market is rarely insane)

[Aleksey Mavrin]

Valeriy Yastremskiy:

Strange to hear from you. Mining - supporting the blockchain network, which has essentially replaced transactional banking - has proven to be commensurate with the costs of that transactional activity. And if it turns out to be less, it will replace bank tellers.)) Also the possibility of anonymity gives almost perpetual demand for such pseudo-banking in the shadow sector and the underworld. And that world is not about to die.

The trick, and the risk, is that the bit is not alone. It's like when civilisations were formed, when different places valued different values= commodities, and gold became the yardstick.

Imagine if every corner of the world could regularly find deposits of their metal equivalent to gold, there would be much more entropy in the development of civilisation.

Of course, I have looked too far into the past and possibly into the future))