cr__
cr__ on Hacker News
So raise the debt ceiling?
Back in the day making a selection would actually freeze the process in some cases.
Yes, and there are different points along that money axis where a reasonable society might choose to place regulations and restrictions (in the absence of a decree from the courts that it’s illegal to do so).
Why don’t we have reliable sources?
> How is this bad?
The power is being used wastefully.
It is a scam. It is a Ponzi scheme (subcategory of scams).
Is Musk turning a profit? And is he required to share honest numbers?
> Increasing usage trivially and obviously increases capacity by ~the same amount. A toddler could understand this, because obviously the lights are still on.
It may increase capacity over time, if someone thinks they can profit from bringing new supply online. This is known as supply elasticity, and it’s pretty well-studied. It’s not trivial, and it’s not instant. In the meantime, demand from crypto may also reduce demand from other consumers, who now have to pay more for electricity. Electric usage is more nuanced than “are the lights on or off”—families can and do decide to keep the house colder in the winter if prices are up because some people decided to waste a bunch of electricity on crypto in a data center somewhere.
You’re missing the point, though: the thing that absolutely does not happen when you increase demand for a resource is that resource becoming cheaper, unless that demand goes away later, after the supply has increased. This is a called supply glut—also pretty well-studied.
Now, given that the entire cryptocurrency sector is a con and will eventually vanish like a turd down a toilet, there may very well be a period later on where the result of all this nonsense is that we have lower electricity prices for a while. Until that happens, though, you aren’t making electricity cheaper by using more of it.
Your argument does not make sense.
Increasing usage does not magically increase capacity by the same amount. Even if it did, the increased capacity resulting from the increased demand would not make electricity cheaper, since the corresponding demand would already exist.
In general, increasing demand for a resource increases the price for that resource.
You should be bold and name the ideology you think that drives them.
What’s incorrect about the headline?
The fact remains that there is porn on Civitai.
They’ve had mini LED displays since the M1 MacBook Pro.
People are generally more cognizant of the harms caused by the tech industry than they were even a few years ago.
Changing the conditions of employment unilaterally is exploitative, especially within a system in which employment is required to maintain access to health care.
I don’t think marginalized folks’ struggles to get afforded basic dignity are great joke fodder.
> the value is stored as BTC
What value? Where did any value originate in this process?
If there’s no way to register, why did they proceed?
Tweets fail to send on the first try about a third of the time now
> Folks, if it wasn't shareholders accelerating this process, it was gonna be the inevitable economic realities of mismanagement and losses.
Do you have any proof?
I could see a company stubbornly sticking to it if they’ve been doing it for a couple decades, but to implement it in 2021 is really wild.
One alarm bell for me was that he was pitching a product that is a Ponzi scheme that doesn’t bear any scrutiny.
I don’t think any fairies were ever seen in Tuscany either
CMD-Delete almost always serves to press the Delete button or the equivalent in those dialogs. Not sure how you're supposed to find that out though!
They could probably get in the news by lighting a pile of cash on fire too
It’s okay to think that slavery is an immoral punishment. I know I do.