this post was submitted on 21 Dec 2023
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[–] herzberd@lemmy.blahaj.zone 108 points 2 years ago

idling

With how much power proof of work takes it's more like putting a brick on the gas pedal in park

[–] dimath@ttrpg.network 37 points 2 years ago

The value of mining is in permanent recording of people's current heroin transactions. The bitcoin you get is the reward for the service.

[–] Crack0n7uesday@lemmy.world 29 points 2 years ago (2 children)

With how saturated the mining community is, you have to buy a Bugatti, put a brick on the gas pedal, all while sitting in neutral gear, and leave it running for 24/7.

[–] Aasikki@sopuli.xyz 13 points 2 years ago

Not just one Bugatti. Probably at least 100 Bugattis.

[–] linearchaos@lemmy.world 5 points 2 years ago

Hey, I saw Ferris' day off, I remember how it ended.

What's worse, is you don't even get there on you get a small chance to get a stock-like transaction that could be worth some heroin or notging at all

[–] kemsat@lemmy.world 20 points 2 years ago (3 children)

Yeah but you could actually do useful things with the power from an idling car.

[–] vithigar@lemmy.ca 17 points 2 years ago

If you're doing something with the output of the engine then it's not idling, strictly speaking.

[–] Wogi@lemmy.world 10 points 2 years ago (1 children)

You could do useful things with the power used to generate Bitcoin too.

[–] spaduf@slrpnk.net 7 points 2 years ago* (last edited 2 years ago) (1 children)

Generally, however, it is not easily converted to heroin

[–] Deiv@lemmy.ca 4 points 2 years ago

Use a computer to work -> get paid -> buy heroin

[–] GrammatonCleric@lemmy.world 4 points 2 years ago (1 children)
[–] spaduf@slrpnk.net 4 points 2 years ago
[–] sagrotan@lemmy.world 1 points 1 year ago

Hm. I guess I have to get out the 'ol hose and canister again.

[–] Chakravanti@sh.itjust.works 1 points 2 years ago (1 children)

Bitcoin=Snitchcoin

Monero won't broadcast every exchange's handler's details: IP address, ID, time & Date, Amount, Target, Totals, etc.

[–] Mubelotix@jlai.lu 0 points 2 years ago (1 children)

Just use coinjoin over Tor

[–] Chakravanti@sh.itjust.works 1 points 2 years ago

Or swap for Monero over Bisq (TOR market). Whatever. Bitcoin is Snitchcoin. Everything is broadcast enough you cannot avoid it. Even your methods aren't enough.