Investigators traced the remittances an immigrant was sending from Hawaii to Mexico to figure out his location.
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A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
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So decentralized! Capitalism is over!
For that so decentralized video, we are actually in agreement. That is absolutely not decentralized, as it is very easy for a government to knock on the door and tell them to do whatever they want, and if they want to continue to exist as a business, they must comply.
While Monero, for example, still uses proof of work, it is deliberately designed to work on general purpose CPUs, such as the ones you have in your phone, laptop, desktop, etc.
This completely murders the idea of a mining farm and completely murders the idea of being able to centralize in a place like that.
There’s not one or only a few doors to knock on. There’s thousands upon thousands of doors to knock on all across the world. And since it’s so distributed, there’s not jet engine level noise in one specific area harming the community like this.
Does it? Why wouldn’t there be economies of scale and advantages of locating near cheap electricity for Monero miners? Why are a million shelf-CPUs quieter to cool than the same computing power in ASICs?
It’s true that Monero miners would benefit from cheaper electricity. I think more than anything it has to do with the power efficiency. A big warehouse full of CPUs would not be any more efficient than Uncle Bob mining on his gaming PC in his bedroom.
As for the noise level, I don’t think cooling a million CPUs would be any quieter than cooling ASIC chips. I think it’s mainly the fact that it’s so distributed.
Uncle Bob might have one or two computers mining in his bedroom, which put off a little bit of noise, but nothing horrible. Where these companies have racks and racks of ASIC chips all in the same place, amplifying the noise upon each other.
Are you a bot? Of course there’s going to be some minority that abuse these things. You don’t have to accelerate the cherry picking.
As for Venezuela, yeah, it’s going about the same as dollarization went, that’s no surprise. It was never meant for gouvernements. (Also, that’s Bitcoin, so no surprise there).
It’s interesting you confused an article about the Trump-loving capitalist dictator of El Salvador with one about Venezuela.