Thread by @Ocramius

Heyo, regular reminder to stop investing in exponential complexity blockchain mechanisms: they hurt us all, and you cannot use money anyway, if there's no planet where to spend it.

If it wasn't clear, I'm telling you to stop backing the #bitcoin system or any similar cryptocurrency that relies on scaling computing to unsustainable levels.

We are literally burning forests to make money, and Douglas Adams was intending for it to be satire.

I used to be fond of BTC, and even had a miner myself that replaced my gasoline heater for my home back in the winter of 2017: it was a stupid move to ever indirectly support this extremely flawed system.

To be clear, most consumers will not make money with BTC mining anyway.

The difference between price of electricity and mined BTC is too steep already.

If you have the miner daemon on some computer, shut it down, get rid of it: you are only burning resources.

The people benefitting from mining activities are large-scale farms/datacenters that make contracts with huge electricity suppliers.

It's as bad as coal mines.

It's a lose-lose game, for the profit of very few.

What should probably happen at scale is forbidding the trade and manufacture of crypto-mining equipment.

This means making companies like @BITMAINtech, @nvidia and other large GPU/ASIC chip design accountable for them selling active thermal dissipation units.

Yes, there are excuses for some of these devices to exist, but you can't tell me that a consumer-grade GPU with no input/output ports, **designed** for mining, is actually going to be used otherwise.

Those products should be banned.