CryptoCurrency Mining with GPUs *spawn*

The potential impact on content creation by companies like Apple and Disney is horrendous. Shows designed even more with the requirement to keep the user entertained every second. We'd never end up with amazing movies like Dune 2021 ever again.

 

Eh? All of those are possible with traditional payment methods as well. There is nothing stopping an app developer from charging based on turns played in a game or minutes/seconds viewed in a video. Sure, payment wouldn't be immediate, but since people are used to paying based on a monthly bill in many cases, there is nothing stopping any service from charging per turn, per second, per minute, etc. and then billing a customer at the end of the month.

I mean, this is basically how AOL and most early cosnumer internet providers operated 20+ years ago (customer charges based on minutes used). Hell, utilities still operate on a per unit charge. You can still get pay by the minute phone service. There are still a few VOD services that operated based on time viewed in videos (most have died out since people generally don't like being charged based on how many minutes of a video/movie they've watched).

Sure the granularity in some cases may be larger, but it's still basically the same.

It's like they are re-inventing the wheel.

Regards,
SB

 

And that, ladies and gentlemen, is why old farts get overtaken by the young.

 

Isn't this already possible for a long time with other crypto networks like Stellar?

 

sounds like a dystopia where someone can steal all your tv show seconds just as you wanted to binge

 

It was all possible on Bitcoin in 2009... That's why Bitcoin has a scripting language.

 

It truly is, further commodification of ever smaller parts of life.

 

Well , if as mentioned, paying per second is already possible with other technologies and hasn't happen with them, probably won't happen on Bitcoin as well.

There are tons more exciting prospects of public blockchains... sky is the limit indeed.

Some of my favorites would be betting on arbitrary events (oracles), with no third party involved, as Augur project intends.
And social media/messaging services not owned by a company that could delete/read your stuff.
Also siging content on the blockchain; so that you could always be sure that the content comes from the claimed source, unmodified

 

Oracles are third parties. There's all sorts of subtlety there. No, I'm not saying they're a pipe dream or doomed, merely pointing out that they are a risk factor.

There are twitter clones running on blockchains. Fun ideas such as making a troll pay heavily to reply to your posts. I bet Elon Musk would love that.

Signatures claiming to be individuals or corporations require real-world notarisation, otherwise they are worthless in law. Digital identity is finally approaching being a real thing, worldwide, with some countries leading convincingly:

Singapore Government Extends National Digital Identity programme (iproov.com)

 

Right, but having proof that certain content came from the very same source is still a big deal to me , even if the connection to a real person cannot be demonstrated on the block chain alone

 

as someone who hasnt been able to buy a bunch of nice things discounted due to black Friday sale, because the banks blocked them, and i cannot make credit card (application always failed/refused with no information of why, from a bunch of banks)....

i want a virtual credit card company (like privacy.com) to accept crypto coins with no region lock. Or just make companies accept crypto please.... even if they only accept "Stablecoins" would be a major improvement.

PayPal is region locked. Debit Card is region locked and have merchant whitelist/blacklist (even PlayStation store is blacklisted! yay!). Making credit card is super hard.

 

Why are you with a bank that can't process payments and what country is this?

 

country: indonesia

already have cards with multiple banks, including an international/multi-national one (DBS). They blocked PlayStation store.

one of the "app-based bank (jenius)" I've used actually works for anything, but they have a ridiculous policy for their cards: Blocking a card doesn't do anything. yes i get new card number, but charges to the old card are forwarded to the new card.

so i zeroed my account on that bank. as closing an account on that bank requires me to pay a bunch of closing fees.
thus i opened a bunch of bank accounts from various banks, and turns out they all are bonkers. Like seriously, blacklisting PlayStation store? yeeesh.

EDIT:
sure i can buy PS Store gift cards, but they are sold at 10-20% markup.

seems the gift card sellers are really the winner in this.

 

https://www.notebookcheck.net/Alleg...n-dollars-per-month-at-4-3-TH-s.584819.0.html


What the.... Four millions dollars per month!?

Other things like the rtx4000 gpu and Radeon 7000 gpu are speculations tho.

 

Well, GG sane GPU pricing anytime in the forseeable future if true. I imagine if those are true and AMD and NV are smart they'll just start the generation off with video cards prices from 1000-2500 USD and forget about pricing anything under 1000 USD.

Regards,
SB

 

Since innosilicon are mostly known for making mining asics I wonder how good their gpu's will be at mining

 

HiveOS the most popular mining operating system public stats:

Spoiler

Nvidia cards:

Spoiler

AMD cards:

Spoiler

 

Interesting Radeon vii is so low. So it really was a very limited release. As I assume miners will hunt them down

 

I had one and sold it just before latest mining craze ... got £650 for it, 3 months later you couldn't buy one for £1500! I make excellent financial decision I think

 

RVII isn't exactly a star of power efficiency for crypto mining. The top charts are pretty close to what cards actually are.