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Global video game use is roughly as much energy use as Bitcoin, (which only very recently reached parity) according to some cursory googling I just did. This is also an activity that is growing rapidly. Video games are merely a source of amusement and therefore just a hobby of little...

Lol. "The study's authors, for the first time, quantify the share of Bitcoin's emissions attributable to Tesla" -- they literally just multiplied an estimate of Bitcoin's carbon emissions (with ZERO discussion of energy mix which is the single most important factor) with the percentage of coins...

Dunno what 'faulty armor farming' is but in regards to Bitcoin mining, dropped hash rate only causes a very temporary drop in the rate of produced blocks because the difficulty of the 'puzzle' (the media likes this word) is adjusted every 2 weeks in order to keep the block rate at a 10 minute...

Chia is a scam that would pollute more than Bitcoin if it ever reached Bitcoin's adoption level. Bitcoin's PoW is mostly using stranded/waste energy from renewable sources in the first place, so the entire premise behind Chia being 'greener than Bitcoin' is nonsense. Chia does a ton of disk...

Google telling me Anarchy Online had instances first, disregarding some ancient 90s game mentions. But anyway, try not to get too emotionally attached to your investment

EQ had instancing in 2003 with LDoN, including raids. Somehow I doubt EQ was the first. Either way I hate instancing.

Blizzard's entire MO was to copy and polish. They did fairly well. Most ETH devs copy from each other as well. That's how software is. (any intellectual property really) Blockchains and DLTs have to be open source by necessity so that means good ideas will spread very quickly. If Sovryn...

https://www.sovryn.app/ Sovyrn runs on Rootstock, which has been around since 2017. Rootstock is a sidechain smart contracts platform that is pegged to BTC and merge mined with BTC, so it uses BTC as its native coin and Bitcoin's proof of work for security. In this way it also funds Bitcoin...

ETH fees are low in recent days relative to itself. A previous post was comparing total USD value network fees of ETH vs BTC. Also, compare even today's Uniswap fees to centralized exchanges. My point was that the fees people are paying for Ethereum contracts relative to bitcoin don't mean...

Funny how Ethereum advocates went from 'BTC fees are too high, use ETH instead' to 'BTC fees are too low, it's doomed.' ETH fees are high right now because of the on-chain computational cost of their current DeFi implementations. It won't always be this way and if ETH fails to reduce this, it...

Incidentally Bitcoin's mempool cleared for the first time in months on June 2nd and has been clearing periodically since. (meaning all transactions were processed, even the cheapest ones) Bitcoin fees are still very low when the bulls aren't stampeding. A nice thing about Lightning is that...

It was inevitable that large stakeholders would start to ensure that bitcoin mining wouldn't be a source of concern for them after they bought multi-billions worth of the coin. They just saw bitcoin drop 50% from a recent ATH and most of that was in a week, over carbon pollution FUD. This IS...

Nah. They just want to know more accurately how much of the hash rate is mined with renewables, because right now it's hard to narrow that down. This is an anti-FUD campaign. Also this will speed up the transition away from fossil fuel powered hash rate. This is positive. China banning...

Dogecoin doesn't even have Segwit, which was a 2017 addition to BTC. Dogecoin won't have Taproot which is weeks away. These are not trivial additions. Bitcoin has also had a lot of upgrades to the core software to make it more robust and to sync the blockchain faster. Bitcoin core has a lot...

Dogecoin is in the tens of billions. Current valuations don't mean very much. People are frantically searching for any place to put money into right now. DeFi is the first use of Ethereum that didn't seem like a complete joke to me. It's legit and works, but is severely limited by Ethereum's...

What are your CryptoKitties worth now?

Let me know how well that value holds over time

Bought some ETH and USDC last night to use Uniswap to buy an Ethereum competitor (Radix). Ironic. Metamask and Uniswap are kinda cool though. ETH's primary use case is do-it-yourself shitcoins and it's getting pretty streamlined. ETH needs 2.0 to work soon or they're doomed though

Tether FUD is so stupid. As if Tether was the only stablecoin. As if Tether was run by a bunch of nobodies. Tether is less than 4% the global crypto market cap. It was originally primarily used to sell bitcoin for it so you could sell it without touching USD which would trigger a tax event...

Well Flobee just linked some well written criticism for you, but nobody wants to read. They just want to watch candles go up and down. Bitmex research also puts out some of the highest quality analysis in this space and is fairly agnostic: The primary criticism of Ethereum is that it's...

Arguing with you is a waste of time, but I'll bite once more. Bitcoin was worth about a few cents at the time, before anybody ever considered it a real investment, and the userbase was a tiny fraction of ETH's when it forked. This was the very early days when the basic core logic was still...

Imagine that Satoshi was still around, still in charge of Bitcoin, and decided to fork the network to reverse a transaction because his friends had a lot of their money stolen because his friends didn't code something correctly. Imagine if Satoshi also asks that 'people stop trading' to try to...

Btw https://www.coindesk.com/bitmain-antminer-e9-asic-ethereum-mining

2017 was a huge bull cycle. June 2017 was the middle of that cycle and major alt season. Alts were up massively across the board then, not just ETH. That's why the alts I bought then were such bad trades, even while the coins were good. (Sia was one; although I bought most before June) What...

Actually I sold the remainder of my ETH in June 2017, near the ATH, higher than the chart there. Selling my ETH then was the best crypto to crypto trade I ever did. Unfortunately the 'flippening' nonsense at the time combined with the segwit controversy caused me a lot of concern that the...

I was going to stay out of this thread as I somehow seem to generate a lot of hostility here for whatever reason, but since you pinged me: You guys need to zoom out more often; and look at pairs that aren't USD. I've already been through the ETH drama before. (and no, I still don't regret...

hmm, you don't sound like much of a comrade, Araysar :(

China's morality and human rights abuses are irrelevant when discussing their economic strength. I mostly pointed out some things that they are doing as criticism of our leaders for not doing them, not so much to extol China. Europe also invests in their citizens a lot better than we do...

China has as many natural resources as us, 4 times the population, has much newer infrastructure and is increasing investments on its people (e.g. higher education, healthcare) instead of cutting them like we are. If you think their GDP is number games then you're as foolish as the rich cunts...

It's hubris to assume the US Dollar will remain the world reserve currency when China will surpass our GDP in half a decade. Particularly when the USG likes to sanction everybody and our political leadership is so unstable. Overheating the money printers is the fastest way to unseat the USD...

BTC all-time-highed again hours after that tweet. Musk didn't start talking about Bitcoin until after it was 40k. If any rich asshole is driving this train, it's Michael Saylor, whos company literally just took on 1 billion USD of debt to buy more BTC after buying 70k+ coins and is giving...

BBC is fake news https://coinshares.com/insights/beware-of-lazy-research-bitcoin-mining-update

Fees are always much higher during bull runs. Even BTC fees drop to pennies during bear cycles. When I used crypto to pay for my VPN recently, I just used Litecoin to do it. Lightning is a bitcoin layer 2 solution that will become more adopted over time. It works like this: you enter a...

The entire point of blockchain is to decentralize control. BTC is far and away the most decentralized network. Without decentralization, blockchains are just super inefficient databases. Also I would say that the number one thing to look for is the competence and involvement of the developer...

Yes

Coinbase fees (when in EZ mode) for buys and sells $200 or higher is 1.5% + a 0.5% spread, so it's effectively 2% on both sides

I recall some interview where they said they had data going back to 1.8 or something but choose 1.12 because it was 'the most complete' or whatever

Don't buy a coin just to diversify. These ain't blue chip stocks. I'm not a 'bitcoin maximalist' but virtually every other coin is trash, including top 10 ones. Put the majority of your money into BTC, which has outperformed all of them. You won't get 100x from BTC anymore but it's a lot...

The Feds have been trying to do that for decades. They launched a criminal investigation of the author of PGP in the early 90s for simply publishing open source code and a bill to ban encrypted communications failed in congress around the same time. Aside from grievous privacy violations, the...

Innoruuk hitting for 401s is the Velious era version. Level 50s attacking a quadding level 70 Innoruuk gonna have a hard time