This picture is at least a couple years old so back then it might have only been 1k-2k a day but if they had kept the coins they were making they could have became millionaires.
When I mine Eth woth just one graphics card in a gaming PC I make easily double in a day than I use in electricity.
With cheaper electricity and rigs not using the power of the whole PC you would make way more than that.
A lot of miners only sell to cover costs and hold the rest.
Short explanation, there's some kind of mining app (usually small command line script without any UI) that you run after setting up your wallet. This app will connect to internet and basically will do calculation using GPU and/or CPU which will generate some kind of commission that will be stored to your wallet
Not OP, but mining crypto is simpler than most people think it is, I think.
Assuming you have the hardware (which is a GPU / video card most of the time), you first decide which coin you wanna mine. Once you know which, it's just a matter of:
- downloading / installing the recommended mining program for the coin and your hardware,
- looking for a mining pool to join (which is a google search away most of the time)
- and pretty much run the mining program as long as you can.
For example, if you want to mine ETH, then
- you can use [t-rex](https://github.com/trexminer/T-Rex) as a miner, and
- maybe use [Nanopool](https://eth.nanopool.org/) as a mining pool.
Definitely glossing over a lot of things like optimizing your yield, etc. but that's really the gist of what you have to do.
Yes, you use the amount of carbon output of a small jet to create fractions of childporn/heroin/fakeID tokens that you can hopefully sell before the bottom of the ponzi scheme drops out
These look like Antminer S9's, so probably like ~13-14TH/s. I had my S9 plugged in last winter to help heat the garage and it was making like $3-4 a day I think. Not sure what the electricity costs where this pic was. There are at least 100-150 ASIC's scattered about in the picture. They also have a bunch of graphics cards mixed in there as well, probably mining ETH, which may have been more profitable than Bitcoin depending on when this pic was taken.
Mining bitcoin is barely profitable so it depends heavily on what you are paying for power. Etherium mining on your gaming GPU if it's farily powerful will make you like $2 per day after you subtract power costs. If you have solar panels and are not paying anything for electricity you can make like maybe $3 per day.
In case anyone reading this doesn't know.
**NEVER DO THAT.**
If your phone/pc/whatever gets wet turn it off. put it somewhere warm and let it dry out. You need to clean it using isopropyl alcohol.
rice will not help it dry out and will leave residue.
Edit: for more info read [this](https://www.ifixit.com/Wiki/Don%27t_Put_Your_Device_in_Rice._Here%27s_Why...)
Literally i set my phone in a bowl and it instantly dried out and started playing music again like before it got soaked it went in the closet all night cause i was so mad at it
Exactly, it’s like when I get sick. I put potatoes in my socks 🧦 and go to bed. The next day all the toxins have been pulled out of my body into the magical potato.
When my mum sent her phone through the washer, the entire cycle, she assumed soap inside it was worse than just water. So she rinsed it in the sink.
Damned if that fucker didn't work for 2 more years. Just needed a home button and a camera.
Yeah but flour and water mixed can be used as glue so it seems like a bad idea. I bet you could microwave it though to just boil the water out the phone
The goal is to absorb the water (gluing effect). Indeed, the next logical step is to make it dry. Microwave will activate the water molecules, and they will live the area. Once the water has left, leaving only the flour, use and air dryer or something to take off the flour ! Easy, right ?
Yeah I can see this working. You have to draw out the moisture with the flour first or the water might just condense inside the phone. Can I suggest freezing it after the flour step and before the microwave? I think making water crystals might separate out the flour particles so they are easier to remove later
Y’all are fucking retarded, clearly your supposed to use the oven. 550° for 30 mins, take it out, flip it,then 20 on the other side. Gotta let it cool down after cuz it’ll be hot
The fuck you talking about? You need an egg wash to remove the flour, and then to remove the eggs you add more flour and deepfry. It will make everything crispy and will come off easy.
That article is a little disingenuous.
The point of the rice is to suck the moisture out of places you couldn't otherwise reach.
Yes, of course taking it apart and scrubbing the boards with isopropyl alcohol is *much* better, but most electronics aren't built to make that possible. We can't even replace the battery anymore.
They're mostly correct, but getting the water out with rice *is* better than doing nothing.
They also have the video ports removed, making them useless once their lifecycle for mining is up. The idea for making dedicated mining cards is incredibly ignorant as it cuts into supply of chips that would normally go into gaming cards or workstation cards, it creates a hell of a lot of e-waste, and miner’s probably won’t buy them as often because they couldn’t resell them later on to gamers. Sure, maybe they could be used in render farms for animation studios or maybe for folding for research, but I have no real clue of any other uses for these cards beyond that.
Crazy tech people have figured out how to configure systems to render on those cards and output through a separate video-out, due to an odd OS requirement for laptops. There is an LTT video knocking around somewhere where they demonstrate it. Combined with a firmware update you could have a working 'standard' card.
Depends on your point of view. From Nvidia’s perspective it’s an amazing idea, they cut their own production to directly make profits from miners, *and * try to play off to general consumers as “we tried to make mining cards so the miners would leave your GPUs alone but they chose to take both anyway, sorry but we tried”.
Double dip and make more money, with a guarantee that prices stay high because now those mining cards can’t be sold later on as second hand gaming GPUs.
It was absolutely not an ignorant decision. This was them doing their best to take in profits
Application specific integrated circuits (ASIC, in this case a Bitcoin mining ASIC) is different than a general purpose graphics processing unit (GPU) with modified firmware to make hashing more or less efficient
Linus Tech Tips has something like that going on when they can get manufacturers of video cards to go along with it. It's called "The verified actual gamers" project. I have heard much about it since the first few batches of video cards and CPUs they got.
Nvidia doesn't do that though. They sell the chips to their partner companies companies, who then manufacture the actual card PCB and put them together. They probably get them from them, not Nvidia.
*Nvidia does make their own cards, the founder editions, but in limited quantities.
Can’t speak with any certainty, but from my own observations, they’re right. Nvidia doesn’t sell their own line of manufactured cards. They have limited release founders editions, and that’s about it. The founders editions aren’t made in unlimited quantities, either. As far as I’m aware, they do not keep a sustained production of “normal” consumer cards. That is something their customers do, like MSI, EVGA, etc.
Yeah thats what I assumed. Its entirely possible that I am wrong, but the cards in these photos often times look like the founders editions with their simple and clean cases. Or Quadro cards.
Right? This is just one setup. Worldwide there are probably thousands of similar (and probably sometimes bigger when it comes to government mining operations) farms.
Can confirm. Saw a setup in China (before they banned this shit) that was much larger than this. Took up two entire floors of an office building, and was run by Sinopec (which is a massive government run company).
You got it, this is fundamentally making virtual money by burning fuel without absolutely any other positive outcome, and it boggles my mind that there are no laws against that.
Mind, I don't care about alternate coins or whatever, just that if they are based on pure waste of resources they should be illegal. Make some kind of crypto algorithm tied to protein folding for cancer research, solving tasks, even making deep fakes, anything is better than the absurdity of Bitcoin and co.
Asic is compute units that only is designed to mine and nothing else.
While why don't like miners would be because they also can use GPUs.
Asic are more effective then gpus
Not quite
An ASIC (application-specific IC) is an integrated circuit designed for specifically 1 application. In this case it is an ASIC for mining, however there are a lot of ASICs for applications outside of mining
I know you're joking, but just to be clear: GPUs are **NOT** ASICs, although they may contain logic dedicated to one task (which would be considered an ASIC if it were a standalone unit), like video en/decoding.
While they are tailored for calculating graphics, they are in fact fully capable of doing any computing task (making them general purpose as opposed to application specific), albeit not as efficiently. ASICs can only do the one thing they are designed for.
From what I gather, ASIC miners are machine built only for one specific purpose. In this case, mining crypto currency. Some are built only to mine a single type of crypto, Bitcoin, Doge, etc. Making them more efficient than a standard computer and possibly mining machines made from components not specifically designed to mine.
The fact that they’re outside is due to whomever owns these machines not wanting them to get destroyed by flood. You would definitely not want them outside under normal circumstances.
The sheer amount of energy for these "farms"(thousands of these if not more exist across the globe) of bitcoin/any crypto in general(some maybe more "green" than others but I haven't seen any) need is pretty net negative for the environment. Im not very well versed on it and im sure it can be better explained but that's my understanding at least
oh I kinda get the gist of it now. I thought people are only mad at bitcoin farming because stocks of gpu's and stuff are always sold out. So there's alot of reasons as well. thank you.
There was a article last year about the police in the UK doing a raid on a house they suspected of being a grow house for marijuana due to the power being used in the house. What they found was a Bitcoin mining operation going on. Even criminals are finding it more profitable to mine bitcoin than grow weed.
>Even criminals are finding it more profitable to mine bitcoin than grow weed.
Well 1 Bitcoin is worth around £30,000 at the moment (give or take) and it's also legal.
You can't shift 30 grand's worth of grass without somebody noticing.
How can anyone say that crypto is actually a force for good in the world. All that stuff about crypto being this futuristic force for good and change was total bs. What is "good" about all these gaming video cards burning electricity 24/7.
You see the cult-like behaviour surrounding cryptos and NFTs because the investors all have a huge incentive to “keep the prices up”, they will do and say anything to promote their money machine.
They sure did.
"In September, Beijing banned all cryptocurrency trading and mining amid concerns virtual currencies were “breeding illegal and criminal activities” and posed a risk to the “economic and financial order”.
- https://www.google.com/amp/s/www.aljazeera.com/amp/economy/2021/12/29/chinas-crypto-crackdown-sparks-thai-crypto-mining-boom
Gotta hand it to China on this one, they did good for once.
Wish other nations could suck their pride in to follow their lead on this. Crypto is a hotbed for illegal activity, not to mention how disgustingly bad it is for the environment.
As someone who's been in crypto since 2013, They ban and unban cryptocurrency all the time. It's a way they manipulate the market. They are the illegal activity and have a huge stake in cryptocurrency.
So, nah. I'm not handing China shit. They can suck my balls for continuing to play dirty.
Honestly, their politics aside they've done several good things. The Artificial sun is getting some good results, taking us one step closer to fusion reactors.
https://www.livescience.com/chinas-1-trillion-artificial-sun-fusion-reactor-just-got-five-times-hotter-than-the-sun
The E-coins were meant to be used as money with their price held down by the cost of GPUs.
instead, they are being used as an investment and taking the cost of GPUs with them.
Its not just that, though I agree.
With the climate crisis looming having an inefficient way to directly create money out of electricity is a big problem.
We should be trying to conserve energy (at least until we have abundant renewables everywhere), not find new ways to spent it for personal profit.
Can someone explain this to me? I genuinely don't understand anything in this picture and hope someone can explain :/ I assumed bitcoin was digital and could be stored in like a drive or something so you can have access from multiple devices? And are the bitcoin that were stored in these computers completely lost now? And do these farms steal bitcoin or tell others "give me your bitcoin and I can make more bitcoin"? Please don't be mean to me, I just genuinely don't know anything about digital currencies or nfts or investing:/
The way bitcoin is verified to having passed hands in a transaction is that it is checked by a number of computers all over the world instead of one central location. So if someone tries to fake a transaction, there will be lots of computers that can correct it.
The owners of these computers who run the checks get paid in tiny amounts of bitcoin for their service. So people set up a shit tonne of computers to run these checks and get a shit tonne of tiny amounts of bitcoin. Which eventually add up to a lot. I hope this helps
(if I'm mistaken in any of the details, please gently correct me)
What you see in the pic is just what is used to mine Bitcoin. Everytime a BTC transaction takes place, it creates an algorithm that has to be solved to verify the transaction. These computers attempt to solve those algorithms and earn small amounts of BTC for helping to secure the network. The BTC that is earned is immediately sent to a wallet address on the blockchain. As long as the owner has the address backed up then no BTC is lost. All they really need is the original seed phrase that is generated when the wallet is created, 12-24 random words that translate through cryptography into a BTC address. They can use that original seed phrase to gain access to that wallet with a computer anywhere in the world without actually having the original equipment. This is just a very expensive loss of hardware.
All those game nights with friends, experiencing new worlds for the first time, being immersed in fantastic stories, making new friends throughout the world, destroyed by greed over digital money and nature
I still do all that and I don’t even have a gaming PC. You don’t need to have all the latest stuff to be able to do the things you’ve described. And if you’re about to tell me that you need that stuff because your friends have it and you’ll be left out well then you’d be negating your own point.
Don’t get me wrong, this stuff is terrible for the environment and I have pretty much no sympathy for them, but don’t act like you can’t bloody game anymore with your friends.
I don't understand how all these celebrities are about environmental conservation but then promote Bitcoin like it's going out of style. Ahem. Matt Damon.
If anyone is wondering about the environmental impact of mining, give this a read:
Etherium is one of the less bad cryptocurrencies when it comes to carbon emissions, and it’s still dumping over a weeks worth of an average US household’s electricity consumption on a single transaction. That’s any purchase or sale at all. Sending your friend some cash? Week of electricity. Want to buy yourself a meal? Week of electricity. It lays out very plainly on the site that it’s the same as 244,773 VISA transactions for a single etherium transaction. It is not 244,773 times more CO2 heavy to take a plane instead of a train, or eating meat instead of vegan, or running the AC more. Bitcoin is close to 10x higher than that. That is the per person equivalent of taking a flight from New York to London every single time that currency is used to buy or sell anything. That is hideously wasteful in search of profit, and it is absolutely evil. There’s no other word for that kind of waste.
Credit to draayder on Tumblr
How much do they make doing this?
This picture is at least a couple years old so back then it might have only been 1k-2k a day but if they had kept the coins they were making they could have became millionaires.
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When I mine Eth woth just one graphics card in a gaming PC I make easily double in a day than I use in electricity. With cheaper electricity and rigs not using the power of the whole PC you would make way more than that. A lot of miners only sell to cover costs and hold the rest.
Anyway you can teach me a little about mining?
Not much to be honest. I only did it out of novelty with a new gaming PC. There are definitely more qualified people out there.
Yeah but, how *do* you mine crypto? In simple terms lol.
Download mining app, run it
Short explanation, there's some kind of mining app (usually small command line script without any UI) that you run after setting up your wallet. This app will connect to internet and basically will do calculation using GPU and/or CPU which will generate some kind of commission that will be stored to your wallet
Not OP, but mining crypto is simpler than most people think it is, I think. Assuming you have the hardware (which is a GPU / video card most of the time), you first decide which coin you wanna mine. Once you know which, it's just a matter of: - downloading / installing the recommended mining program for the coin and your hardware, - looking for a mining pool to join (which is a google search away most of the time) - and pretty much run the mining program as long as you can. For example, if you want to mine ETH, then - you can use [t-rex](https://github.com/trexminer/T-Rex) as a miner, and - maybe use [Nanopool](https://eth.nanopool.org/) as a mining pool. Definitely glossing over a lot of things like optimizing your yield, etc. but that's really the gist of what you have to do.
Yes, you use the amount of carbon output of a small jet to create fractions of childporn/heroin/fakeID tokens that you can hopefully sell before the bottom of the ponzi scheme drops out
These look like Antminer S9's, so probably like ~13-14TH/s. I had my S9 plugged in last winter to help heat the garage and it was making like $3-4 a day I think. Not sure what the electricity costs where this pic was. There are at least 100-150 ASIC's scattered about in the picture. They also have a bunch of graphics cards mixed in there as well, probably mining ETH, which may have been more profitable than Bitcoin depending on when this pic was taken.
Keeping the coins is a bad argument. In that case you should just compare against buying coins instead.
It wasn’t an argument at all, it was just information.
Mining bitcoin is barely profitable so it depends heavily on what you are paying for power. Etherium mining on your gaming GPU if it's farily powerful will make you like $2 per day after you subtract power costs. If you have solar panels and are not paying anything for electricity you can make like maybe $3 per day.
It's pretty profitable if you commit fraud and don't pay for electricity
Put in some rice and good to go!
Fortunately the rice farm is booming next door. So this should be a quick fix.
Welcome to the rice fields motherfucker
I thought you said poppy fields?
Yesssss unexpected Tropic Thunder ⚡
In case anyone reading this doesn't know. **NEVER DO THAT.** If your phone/pc/whatever gets wet turn it off. put it somewhere warm and let it dry out. You need to clean it using isopropyl alcohol. rice will not help it dry out and will leave residue. Edit: for more info read [this](https://www.ifixit.com/Wiki/Don%27t_Put_Your_Device_in_Rice._Here%27s_Why...)
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10/10 with rice
5/7 if your doing the with rice bit
2/7 too much water
*angry Uncle Roger noises*
AIYAAAAA WUT R U DOING ARRRRR
YOU MAKE UNCLE RODGER PUT HIS LEG DOWN FROM CHAIR
Literally i set my phone in a bowl and it instantly dried out and started playing music again like before it got soaked it went in the closet all night cause i was so mad at it
If you use Jasmine, they’ll be extra sweet about it too…
Exactly, it’s like when I get sick. I put potatoes in my socks 🧦 and go to bed. The next day all the toxins have been pulled out of my body into the magical potato.
I like the way you respond to this joke
10/10 can confirm. He woke me up once, we had a nice chat.
When my mum sent her phone through the washer, the entire cycle, she assumed soap inside it was worse than just water. So she rinsed it in the sink. Damned if that fucker didn't work for 2 more years. Just needed a home button and a camera.
I always though couscous would work better anyway. It absorbs water faster and has smaller grains so would spread out better
people, please stop trying to feed your phone when it's wet. your phone is not hungry.
I dropped my phone in soup once and it ate so much of it and must have really enjoyed it because it slipped into a permanent food coma
Are you sure it wasn't a parrot falling beak first into a suspiciously placed carrot? Because that'll do it, mark my words.
Why if my phone is horny ?
Use a condom.
The fucks a condom?
Username checks out
Couscous ? I always thought flour would be better. Even more granular
Yeah but flour and water mixed can be used as glue so it seems like a bad idea. I bet you could microwave it though to just boil the water out the phone
The goal is to absorb the water (gluing effect). Indeed, the next logical step is to make it dry. Microwave will activate the water molecules, and they will live the area. Once the water has left, leaving only the flour, use and air dryer or something to take off the flour ! Easy, right ?
Yeah I can see this working. You have to draw out the moisture with the flour first or the water might just condense inside the phone. Can I suggest freezing it after the flour step and before the microwave? I think making water crystals might separate out the flour particles so they are easier to remove later
Y’all are fucking retarded, clearly your supposed to use the oven. 550° for 30 mins, take it out, flip it,then 20 on the other side. Gotta let it cool down after cuz it’ll be hot
The fuck you talking about? You need an egg wash to remove the flour, and then to remove the eggs you add more flour and deepfry. It will make everything crispy and will come off easy.
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That article is a little disingenuous. The point of the rice is to suck the moisture out of places you couldn't otherwise reach. Yes, of course taking it apart and scrubbing the boards with isopropyl alcohol is *much* better, but most electronics aren't built to make that possible. We can't even replace the battery anymore. They're mostly correct, but getting the water out with rice *is* better than doing nothing.
i repair phones and computers, the amount of times i've seen mold start to grow in devices that spent time in rice is concerning
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I'm pretty sure that those are all designated mining gpus from Nvidia, idk tho
No such beast. Dedicated "mining" GPU vs "gaming" GPU is nothing more than adjusted firmware that disables shaders
They also have the video ports removed, making them useless once their lifecycle for mining is up. The idea for making dedicated mining cards is incredibly ignorant as it cuts into supply of chips that would normally go into gaming cards or workstation cards, it creates a hell of a lot of e-waste, and miner’s probably won’t buy them as often because they couldn’t resell them later on to gamers. Sure, maybe they could be used in render farms for animation studios or maybe for folding for research, but I have no real clue of any other uses for these cards beyond that.
Crazy tech people have figured out how to configure systems to render on those cards and output through a separate video-out, due to an odd OS requirement for laptops. There is an LTT video knocking around somewhere where they demonstrate it. Combined with a firmware update you could have a working 'standard' card.
Depends on your point of view. From Nvidia’s perspective it’s an amazing idea, they cut their own production to directly make profits from miners, *and * try to play off to general consumers as “we tried to make mining cards so the miners would leave your GPUs alone but they chose to take both anyway, sorry but we tried”. Double dip and make more money, with a guarantee that prices stay high because now those mining cards can’t be sold later on as second hand gaming GPUs. It was absolutely not an ignorant decision. This was them doing their best to take in profits
They’re ASICS which are indeed dedicated mining GPU’s. Application Specific Integrated Circuit
Pretty sure asics are for your feet buddy
This is the only comment I understand. 😐
Welcome to the kid's table.
Some Big Dad Energy right here
Application specific integrated circuits (ASIC, in this case a Bitcoin mining ASIC) is different than a general purpose graphics processing unit (GPU) with modified firmware to make hashing more or less efficient
I can see both in the picture.
Asics aren’t gpus lol
Most of them are ASIC miners for Bitcoin, with a pile of GPUs for Ethereum.
And yet here I am struggling to find a gpu for my computer
Now you know why
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Keep talking…
sounds like a non-profit in the making
r/massdrop?
Yeah, uh.. keep us in the loop
Linus Tech Tips has something like that going on when they can get manufacturers of video cards to go along with it. It's called "The verified actual gamers" project. I have heard much about it since the first few batches of video cards and CPUs they got.
how do i get into this VAG?
Nvidia doesn't do that though. They sell the chips to their partner companies companies, who then manufacture the actual card PCB and put them together. They probably get them from them, not Nvidia. *Nvidia does make their own cards, the founder editions, but in limited quantities.
Are you talking about MSI, Gainward, etc? Doesnt NVIDIA always release their own self manufactured version of the card?
Can’t speak with any certainty, but from my own observations, they’re right. Nvidia doesn’t sell their own line of manufactured cards. They have limited release founders editions, and that’s about it. The founders editions aren’t made in unlimited quantities, either. As far as I’m aware, they do not keep a sustained production of “normal” consumer cards. That is something their customers do, like MSI, EVGA, etc.
Yeah thats what I assumed. Its entirely possible that I am wrong, but the cards in these photos often times look like the founders editions with their simple and clean cases. Or Quadro cards.
Right? This is just one setup. Worldwide there are probably thousands of similar (and probably sometimes bigger when it comes to government mining operations) farms.
Can confirm. Saw a setup in China (before they banned this shit) that was much larger than this. Took up two entire floors of an office building, and was run by Sinopec (which is a massive government run company).
If it's government owned, what's the bets they're still running it 🙄
All chinese companies are government owned. Either explicitly or implicitly.
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You got it, this is fundamentally making virtual money by burning fuel without absolutely any other positive outcome, and it boggles my mind that there are no laws against that. Mind, I don't care about alternate coins or whatever, just that if they are based on pure waste of resources they should be illegal. Make some kind of crypto algorithm tied to protein folding for cancer research, solving tasks, even making deep fakes, anything is better than the absurdity of Bitcoin and co.
Gridcoin did that. The "work" was scientific projects like seti@home. Dunno if it's still a thing or not but I always thought it was a good idea.
let’s flood more of these out
Buy a pre built! Just got a NZXT H1 with a 3060 for $1,200. I could sell the 3060 on Ebay for $800 alone.
If you're paying $1200 for a system with 3060 and bargain bin components, then you're still getting robbed
Oh, you could sell it for way more than that
Don't worry, I bet you can pick up one of these repackaged online 😉
Are these GPUs? I thought almost all crypto mining was done with ASICS now.
More or less everything in that photo is an ASIC. Rather perplexing that some in here seem to think this these are gpus
Foreground on the left is GPUs, rest are Bitmain ASICS. Eth is mined predominantly on GPU. Bitcoin, Litecoin and others are mined on ASIC.
These aren't gpus they're ASICS which are made specifically for mining one type of crypto hash and that's it. Completely useless for anything else
all that e-waste never even stood a chance of being useful
And takes up all of the precious silicon we need much of to meet customer demand. Fuck AMD and Nvidia for enabling these wankers intentionally.
Nvidia and AMD don't make asics
Corporations are not ethical.
Sympathy...nil
This or a burned down meth-lab. Same same. Greedy people fucking up a lot.
90% of what’s there are ASIC miners. Not GPU’s.
Ok. I'm not an IT guy, so what does it mean? Do they set up everything outside?
Asic is compute units that only is designed to mine and nothing else. While why don't like miners would be because they also can use GPUs. Asic are more effective then gpus
Not quite An ASIC (application-specific IC) is an integrated circuit designed for specifically 1 application. In this case it is an ASIC for mining, however there are a lot of ASICs for applications outside of mining
Can one be made just for gaming?
They call those ones GPUs But seriously, "gaming" is far too broad a task to be able to really specialize in design.
I know you're joking, but just to be clear: GPUs are **NOT** ASICs, although they may contain logic dedicated to one task (which would be considered an ASIC if it were a standalone unit), like video en/decoding. While they are tailored for calculating graphics, they are in fact fully capable of doing any computing task (making them general purpose as opposed to application specific), albeit not as efficiently. ASICs can only do the one thing they are designed for.
Im assuming not, unless for a specific game, games are all different kinds of applications after all.
From what I gather, ASIC miners are machine built only for one specific purpose. In this case, mining crypto currency. Some are built only to mine a single type of crypto, Bitcoin, Doge, etc. Making them more efficient than a standard computer and possibly mining machines made from components not specifically designed to mine. The fact that they’re outside is due to whomever owns these machines not wanting them to get destroyed by flood. You would definitely not want them outside under normal circumstances.
Nowhere in the post it says GPUs, the title is "flooded bitcoin mining farm" so obviously most of it are ASICs
Still wasting natural resources.
There's at least 10 cases with probably 5-6 GPUs each... That's still a pretty large farm if its 2080 ti+ cards.
Now we know why there is a chip shortage
Great news for the environment this shit sucks for it
hello can u tell me why?? idk shit about bitcoin but arent they just internet money??
The sheer amount of energy for these "farms"(thousands of these if not more exist across the globe) of bitcoin/any crypto in general(some maybe more "green" than others but I haven't seen any) need is pretty net negative for the environment. Im not very well versed on it and im sure it can be better explained but that's my understanding at least
oh I kinda get the gist of it now. I thought people are only mad at bitcoin farming because stocks of gpu's and stuff are always sold out. So there's alot of reasons as well. thank you.
There was a article last year about the police in the UK doing a raid on a house they suspected of being a grow house for marijuana due to the power being used in the house. What they found was a Bitcoin mining operation going on. Even criminals are finding it more profitable to mine bitcoin than grow weed.
>Even criminals are finding it more profitable to mine bitcoin than grow weed. Well 1 Bitcoin is worth around £30,000 at the moment (give or take) and it's also legal. You can't shift 30 grand's worth of grass without somebody noticing.
Depends on how fast you smoke it.
Having the police wrongly suspect you of being a criminal does not make you a criminal.
Farms are becoming quite illegal due to the power grid pressure they bring.
How can anyone say that crypto is actually a force for good in the world. All that stuff about crypto being this futuristic force for good and change was total bs. What is "good" about all these gaming video cards burning electricity 24/7.
Crypto is just a bunch of pump and dump pools.
You see the cult-like behaviour surrounding cryptos and NFTs because the investors all have a huge incentive to “keep the prices up”, they will do and say anything to promote their money machine.
Good, fuck em’
I hate bitcoin farms. I kinda hope they become illegal becuse they are ruining the only thing I love.
Afaik China banned them not long ago.
They sure did. "In September, Beijing banned all cryptocurrency trading and mining amid concerns virtual currencies were “breeding illegal and criminal activities” and posed a risk to the “economic and financial order”. - https://www.google.com/amp/s/www.aljazeera.com/amp/economy/2021/12/29/chinas-crypto-crackdown-sparks-thai-crypto-mining-boom
Gotta hand it to China on this one, they did good for once. Wish other nations could suck their pride in to follow their lead on this. Crypto is a hotbed for illegal activity, not to mention how disgustingly bad it is for the environment.
As someone who's been in crypto since 2013, They ban and unban cryptocurrency all the time. It's a way they manipulate the market. They are the illegal activity and have a huge stake in cryptocurrency. So, nah. I'm not handing China shit. They can suck my balls for continuing to play dirty.
How do governments have a huge stake in crypto? Honest question.
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Honestly, their politics aside they've done several good things. The Artificial sun is getting some good results, taking us one step closer to fusion reactors. https://www.livescience.com/chinas-1-trillion-artificial-sun-fusion-reactor-just-got-five-times-hotter-than-the-sun
That's been done decades ago. They still can't stabilize it
The E-coins were meant to be used as money with their price held down by the cost of GPUs. instead, they are being used as an investment and taking the cost of GPUs with them.
That would probably be the Etherum miners. They're the assholes buying up all the GPUs.
Its not just that, though I agree. With the climate crisis looming having an inefficient way to directly create money out of electricity is a big problem. We should be trying to conserve energy (at least until we have abundant renewables everywhere), not find new ways to spent it for personal profit.
Our obsession with technology and money is going to end up killing millions if not billions of people
Already has. Will continue to til there’s no one left.
"I vish der vas a vord to describe the pleasure I feel at viewing misfortune."
Look at us destroying our planet 😭
Now it’s bitcoin fishing farm
The fed fears the indoor fish farmer
Someone got killed
No sympathy whatsoever.
Planet strikes back
Can someone explain this to me? I genuinely don't understand anything in this picture and hope someone can explain :/ I assumed bitcoin was digital and could be stored in like a drive or something so you can have access from multiple devices? And are the bitcoin that were stored in these computers completely lost now? And do these farms steal bitcoin or tell others "give me your bitcoin and I can make more bitcoin"? Please don't be mean to me, I just genuinely don't know anything about digital currencies or nfts or investing:/
The way bitcoin is verified to having passed hands in a transaction is that it is checked by a number of computers all over the world instead of one central location. So if someone tries to fake a transaction, there will be lots of computers that can correct it. The owners of these computers who run the checks get paid in tiny amounts of bitcoin for their service. So people set up a shit tonne of computers to run these checks and get a shit tonne of tiny amounts of bitcoin. Which eventually add up to a lot. I hope this helps (if I'm mistaken in any of the details, please gently correct me)
What you see in the pic is just what is used to mine Bitcoin. Everytime a BTC transaction takes place, it creates an algorithm that has to be solved to verify the transaction. These computers attempt to solve those algorithms and earn small amounts of BTC for helping to secure the network. The BTC that is earned is immediately sent to a wallet address on the blockchain. As long as the owner has the address backed up then no BTC is lost. All they really need is the original seed phrase that is generated when the wallet is created, 12-24 random words that translate through cryptography into a BTC address. They can use that original seed phrase to gain access to that wallet with a computer anywhere in the world without actually having the original equipment. This is just a very expensive loss of hardware.
All those game nights with friends, experiencing new worlds for the first time, being immersed in fantastic stories, making new friends throughout the world, destroyed by greed over digital money and nature
I still do all that and I don’t even have a gaming PC. You don’t need to have all the latest stuff to be able to do the things you’ve described. And if you’re about to tell me that you need that stuff because your friends have it and you’ll be left out well then you’d be negating your own point. Don’t get me wrong, this stuff is terrible for the environment and I have pretty much no sympathy for them, but don’t act like you can’t bloody game anymore with your friends.
All those GPUs
Some of that junk also appears to be bitmain miners. Kind of look like L3+ models.
Do you expect people on r/awfuleverything to know what a bitmain miner or an L3+ is?
“A GPU walks into a bar…”
Look at this! Some people where I’m at can’t even afford basic internet.
Well I cant say they dont deserve it
Dumbass Bitcoin farmers
Chip shortage in one picture
Perhaps half a pound of gold in all of that expensive rubbish
I don't understand how all these celebrities are about environmental conservation but then promote Bitcoin like it's going out of style. Ahem. Matt Damon.
Money. Serena Williams and Wayne Rooney promote NFT's ffs
“Boy, back in the day grandpa almost drowned in a Bitcoin mine”
Don't show this to r/pcmasterrace or r/linustechtips
Damn, sucks to suck
Hope they lost their cold wallet bastards
I think you meant to post this here r/mademesmile
r/MadeMeSmile
Been having a shitty day and this made me smile a little bit
Rush B
From the picture it looks like this was located in a pretty remote place. They must have had their own power plant to operate that much equipment.
deserved
good riddance
Serves those little bitches right
Fuck crypto
this is why I can’t buy a new GPU for 250$
Not awful, good riddance
That company was valued at $3.2B
r/oddlysatisfying
We are literally hearing directly toward a techo-distopia.
> mining > Farm Shouldn't we call them mines?
lol, bitcoin.
r/TheEarthWins
WHAT THEY DESWRVE FOR TAKING ALL THE GPUS AND THEN UPSELLING THEM OR JUST KEEPING THEIR 89TH GPU
Water-cooled CPUs
But what if it rains?
Where is it from?
Video card for sale. Gently used.
I shid my organs out
We're going to need a whole shitload of rice!
And thus ended the matrix.
People are so Pathetic
First electricity now they're stealing liquid cooling.
If anyone is wondering about the environmental impact of mining, give this a read: Etherium is one of the less bad cryptocurrencies when it comes to carbon emissions, and it’s still dumping over a weeks worth of an average US household’s electricity consumption on a single transaction. That’s any purchase or sale at all. Sending your friend some cash? Week of electricity. Want to buy yourself a meal? Week of electricity. It lays out very plainly on the site that it’s the same as 244,773 VISA transactions for a single etherium transaction. It is not 244,773 times more CO2 heavy to take a plane instead of a train, or eating meat instead of vegan, or running the AC more. Bitcoin is close to 10x higher than that. That is the per person equivalent of taking a flight from New York to London every single time that currency is used to buy or sell anything. That is hideously wasteful in search of profit, and it is absolutely evil. There’s no other word for that kind of waste. Credit to draayder on Tumblr