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Topic: Fucking Chinese - Part 2 - page 5. (Read 6453 times)

QuestionAuthority

legendary

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Activity: 2156

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You lead and I'll watch you walk away.

Quote from: davis196 on December 15, 2016, 02:06:09 AM

Quote from: RawDog on December 14, 2016, 03:55:07 PM

see, this right here is high bullshit...
https://www.cryptocoinsnews.com/china-oil-bitcoin-mining-theft/

The fucking Chinese are stealing electricity, polluting the Earth with no conscience whatever, and taking over control of Bitcoin.

Bitcoin is totally under the control of about 6 Chinese miners. The only reason they put all other miners out of business is because they have no morals and steal electricity. Now, all mining and control of the Bitcoin protocol is in the hands of these immoral bastards.

Fucking Chinese.

Bitcoin is under the control of a few large miners and a few large holders. Sad

Sad

The major problem with cryptocurrencies is that we need and depend on electriciy and internet to

create and maintain them.This problem odesn`t exist with gold or paper money.

Don't use logic on people here. It just pisses them off.

davis196

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Activity: 3178

Merit: 937

Quote from: RawDog on December 14, 2016, 03:55:07 PM

see, this right here is high bullshit...
https://www.cryptocoinsnews.com/china-oil-bitcoin-mining-theft/

The fucking Chinese are stealing electricity, polluting the Earth with no conscience whatever, and taking over control of Bitcoin.

Bitcoin is totally under the control of about 6 Chinese miners. The only reason they put all other miners out of business is because they have no morals and steal electricity. Now, all mining and control of the Bitcoin protocol is in the hands of these immoral bastards.

Fucking Chinese.

Bitcoin is under the control of a few large miners and a few large holders. Sad

Sad

The major problem with cryptocurrencies is that we need and depend on electriciy and internet to

create and maintain them.This problem odesn`t exist with gold or paper money.

franky1

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Activity: 4424

Merit: 4794

Quote from: QuestionAuthority on December 15, 2016, 01:21:37 AM

You call someone with 50 one thousand plus dollar specialty computers a hobbiest? There are companies with 10 million dollar annual revenue that don't own 50 grand in computer equipment.

the point is scale.
using a 'farm' concept.. having 50 veg growing in a back garden vs 32000 veg growing in a field..
you start to see my point about not exaggerating the lil guys as being anywhere close to a "farm"

if the expectation is farms have 10's of thousands of units. EG antpool with 32,000 units.. and then put it against someone with 50 units..
the small guy with 50 units is not really in any comparison to a FARMER.

CraigWrightBTC

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Quote from: hl5460 on December 14, 2016, 09:02:26 PM

You may find out more:
http://news.8btc.com/illegal-bitcoin-mining-farm-cracked-down-by-chinese-police

https://www.reddit.com/r/btc/comments/5iaf2u/illegal_bitcoin_mining_farm_cracked_down_by/

These people are just manage to feed themselves.

The attitude of the miners whom took free electric with illegal ways will makes bad image for bitcoins and other miners, also comunity of bitcoins or related bitcoin.
They didn't thinking about that, You are right These people are just manage to feed themselves. without thinking bitcoin's future.
And The other people who want make bitcoin growing up.

QuestionAuthority

legendary

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Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: fortunecrypto on December 14, 2016, 09:47:15 PM

Quote from: franky1 on December 14, 2016, 09:16:05 PM

Quote from: hl5460 on December 14, 2016, 09:02:26 PM

You may find out more:
http://news.8btc.com/illegal-bitcoin-mining-farm-cracked-down-by-chinese-police

Quote

The local electric power company lost around 1,000 RMB a day for the past 6 months.

Quote

50 Bitcoin ASIC miners detained by local police in Anhui Province Photo credit:Xin’an Evening

not really a 'farm' lol.. 50 asics vs 125,000 asics.. is small fry (hobbiest)

There could be more hobbiest with 50 asic or less doing that,I think electricity stealin gis very rampant in Chinese because they are very fond of mining bitcoin and crypto currency,because they are very business minded and they want to get the most of it in every free way they can,they may be bribing involve here.

You call someone with 50 one thousand plus dollar specialty computers a hobbiest? There are companies with 10 million dollar annual revenue that don't own 50 grand in computer equipment.

franky1

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Quote from: fortunecrypto on December 14, 2016, 09:47:15 PM

Quote from: franky1 on December 14, 2016, 09:16:05 PM

Quote from: hl5460 on December 14, 2016, 09:02:26 PM

You may find out more:
http://news.8btc.com/illegal-bitcoin-mining-farm-cracked-down-by-chinese-police

Quote

The local electric power company lost around 1,000 RMB a day for the past 6 months.

Quote

50 Bitcoin ASIC miners detained by local police in Anhui Province Photo credit:Xin’an Evening

not really a 'farm' lol.. 50 asics vs 125,000 asics.. is small fry (hobbiest)

There could be more hobbiest with 50 asic or less doing that,I think electricity stealin gis very rampant in Chinese because they are very fond of mining bitcoin and crypto currency,because they are very business minded and they want to get the most of it in every free way they can,they may be bribing involve here.

12 hobbiests totalling 1000 units is not enough reason to call out a country of 1.35BILLION people as corrupt

i bet i can find atleast 12 people in america stealing electric (out of 318mill) so should we call ALL americans corrupt

Quote

http://abcnews.go.com/Business/story?id=7098614&page=1
In Philadelphia, of 14,000 customers whose service was turned off in early 2008, 30% were illegally using electricity late last year, utility PECO says.

4200 Philadelphians stealing electric

fortunecrypto

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Quote from: franky1 on December 14, 2016, 09:16:05 PM

Quote from: hl5460 on December 14, 2016, 09:02:26 PM

You may find out more:
http://news.8btc.com/illegal-bitcoin-mining-farm-cracked-down-by-chinese-police

Quote

The local electric power company lost around 1,000 RMB a day for the past 6 months.

Quote

50 Bitcoin ASIC miners detained by local police in Anhui Province Photo credit:Xin’an Evening

not really a 'farm' lol.. 50 asics vs 125,000 asics.. is small fry (hobbiest)

There could be more hobbiest with 50 asic or less doing that,I think electricity stealin gis very rampant in Chinese because they are very fond of mining bitcoin and crypto currency,because they are very business minded and they want to get the most of it in every free way they can,they may be bribing involve here.

franky1

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Activity: 4424

Merit: 4794

Quote from: hl5460 on December 14, 2016, 09:02:26 PM

You may find out more:
http://news.8btc.com/illegal-bitcoin-mining-farm-cracked-down-by-chinese-police

Quote

The local electric power company lost around 1,000 RMB a day for the past 6 months.

Quote

50 Bitcoin ASIC miners detained by local police in Anhui Province Photo credit:Xin’an Evening

not really a 'farm' lol.. 50 asics vs 125,000 asics.. is small fry (hobbiest)

robelneo

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Activity: 3416

Merit: 1225

Enjoy 500% bonus + 70 FS

I wonder how many chinese mining are doing this,they already caught two miners,I'm sure there are many small miners,Chinese are really into bitcoin and other altcoin mining maybe because of yuan depreciation and they want a portfolio investment like Bitcoin.

franky1

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Activity: 4424

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Quote from: RawDog on December 14, 2016, 08:46:30 PM

You have to quit smoking crack Franky.

big farms like btcc are definitely not using solar/renewables. Solar has not yet reached grid parity ANYWHERE under any circumstance. That is all a dreamers wish.

The only farm to use renewable was KnC (geothermal). They went totally broke doing that because it was expensive energy. They said upon their exit "We've done the maths, even the Chinese farms will be unprofitable" (that is actually true that they said this). The thing KnC wasn't considering is that the Chinese weren't buying electricity at any price, they were stealing it.

Saudi Arabia doesn't do shit. Just a bunch of fucking camel's wandering about the desert. Some weird guys in tents. About 300 princes wrecking Mercedes by drifting them around is about the only energy waste going on there. Why do you hate the Saudi's so much?

Maybe the oil FROM Saudi is fucking up the planet, but it isn't the Saudi's who are wasting energy.

your research about the world seems to be outdated by 50 years.
if you think saudi's live in tents. its time you update yourself

hl5460

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Activity: 1621

Merit: 1000

news.8btc.com

You may find out more:
http://news.8btc.com/illegal-bitcoin-mining-farm-cracked-down-by-chinese-police

https://www.reddit.com/r/btc/comments/5iaf2u/illegal_bitcoin_mining_farm_cracked_down_by/

These people are just manage to feed themselves.

RawDog

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Quote from: franky1 on December 14, 2016, 08:39:08 PM

the 'costs' of labour and generation.. are the difference between 2.5c to the 5cent retail.
also if you have not researched.. the big farms such as antpool and btcc are using solar /renewables.

its the 'residential' level that use oil. which as my initial post on this topic concerned.. just 12 small hobbiests. not the mega farms/pools.
if you really want a ecological damaging target. aim your sights at saudi arabia.

You have to quit smoking crack Franky.

big farms like btcc are definitely not using solar/renewables. Solar has not yet reached grid parity ANYWHERE under any circumstance. That is all a dreamers wish.

The only farm to use renewable was KnC (geothermal). They went totally broke doing that because it was expensive energy. They said upon their exit "We've done the maths, even the Chinese farms will be unprofitable" (that is actually true that they said this). The thing KnC wasn't considering is that the Chinese weren't buying electricity at any price, they were stealing it.

Saudi Arabia doesn't do shit. Just a bunch of fucking camel's wandering about the desert. Some weird guys in tents. About 300 princes wrecking Mercedes by drifting them around is about the only energy waste going on there. Why do you hate the Saudi's so much?

Maybe the oil FROM Saudi is fucking up the planet, but it isn't the Saudi's who are wasting energy.

franky1

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Quote from: RawDog on December 14, 2016, 08:34:08 PM

Quote from: franky1 on December 14, 2016, 08:29:03 PM

Quote from: RawDog on December 14, 2016, 08:06:49 PM

This is only correct if you are able to get 100% efficiency in your conversion of chemical to electrical energy - something that is totally impossible in the real world. So your maths turn out to be fucked.

nope the 1667 is not based on 100% efficiency.

also there are 2 types of oil 'sweet' (pure) and 'sour' (dirty).
if they were to buy dirty oil at lets say 600kwh production. the price of sour oil is alot cheaper than the $42 average. which still brings the price per kwh as being ~3cent (below the 5cent retail)

thus its not subsidised.

And this oil magically turns into electricity without any employees to pay? and what of the wear on the generators?

You sound very fancy indeed when you say things like 'do the maths' - but your actual math is totally bogus.

Chinese energy producers don't pay for environmental controls like US producers so they fuck the planet at the expense of everyone when they are busy putting other miners out of business, miners who have to pay for environmentally controlled energy production.

Look Franky - I like you. You are one of the good guys. You are just wrong on this point. Those dirty fucking spitting Chinese fuckers are burning up the planet to get ahead in mining.

the 'costs' of labour and generation.. are the difference between 2.5c to the 5cent retail.
also if you have not researched.. the big farms such as antpool and btcc are using solar /renewables.

its the 'residential' level that use oil. which as my initial post on this topic concerned.. just 12 small hobbiests. not the mega farms/pools.
if you really want a ecological damaging target. aim your sights at saudi arabia.

as for thinking america is paying for 'environmental controls' LOL sorry.. that money is being spend on drones, tanks and guns to invade the middle-east at steal the oil to give to saudi arabia.. there is nothing environmental about the obsurd taxes the US and UK charge people on fuel.

RawDog

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Quote from: franky1 on December 14, 2016, 08:29:03 PM

Quote from: RawDog on December 14, 2016, 08:06:49 PM

This is only correct if you are able to get 100% efficiency in your conversion of chemical to electrical energy - something that is totally impossible in the real world. So your maths turn out to be fucked.

nope the 1667 is not based on 100% efficiency.

also there are 2 types of oil 'sweet' (pure) and 'sour' (dirty).
if they were to buy dirty oil at lets say 600kwh production. the price of sour oil is alot cheaper than the $42 average. which still brings the price per kwh as being ~3cent (below the 5cent retail)

thus its not subsidised.

And this oil magically turns into electricity without any employees to pay? and what of the wear on the generators?

You sound very fancy indeed when you say things like 'do the maths' - but your actual math is totally bogus.

Chinese energy producers don't pay for environmental controls like US producers so they fuck the planet at the expense of everyone when they are busy putting other miners out of business, miners who have to pay for environmentally controlled energy production.

Look Franky - I like you. You are one of the good guys. You are just wrong on this point. Those dirty fucking spitting Chinese fuckers are burning up the planet to get ahead in mining.

franky1

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Activity: 4424

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Quote from: RawDog on December 14, 2016, 08:06:49 PM

This is only correct if you are able to get 100% efficiency in your conversion of chemical to electrical energy - something that is totally impossible in the real world. So your maths turn out to be fucked.

nope the 1667 is not based on 100% efficiency.

also there are 2 types of oil 'sweet' (pure) and 'sour' (dirty).
if they were to buy dirty oil at lets say 600kwh production. the price of sour oil is alot cheaper than the $42 average. which still brings the price per kwh as being ~3cent (below the 5cent retail)

thus its not subsidised.
usa are not environmentalists either
https://www.theguardian.com/environment/2016/apr/20/dangerous-air-pollution-us-population-report
http://news.mit.edu/2013/study-air-pollution-causes-200000-early-deaths-each-year-in-the-us-0829
this next one is the most poignant
https://en.wikipedia.org/wiki/Deepwater_Horizon_oil_spill

Quote

and it is considered the largest accidental marine oil spill in the history of the petroleum industry

i could go on but google has the answers which you can search yourself

QuestionAuthority

legendary

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Activity: 2156

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You lead and I'll watch you walk away.

http://www.vasa.org.au/fake-chinese-r134a-is-ozone-depleting-r12/

http://www.cfr.org/china/chinas-environmental-crisis/p12608

http://breakingdefense.com/2015/11/absolute-nightmare-as-chinese-destroy-south-china-reefs-asian-fish-stocks-at-risk/

http://edition.cnn.com/2007/TECH/science/06/04/china.environment/

https://m.modernghana.com/news/401965/1/chinese-engage-in-illegal-mining-and-destroying-th.html

https://www.theguardian.com/world/2014/feb/25/china-toxic-air-pollution-nuclear-winter-scientists

Nothing new to see here. Move along in an orderly fashion.

RawDog

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Quote from: franky1 on December 14, 2016, 08:00:04 PM

do the maths. making electric is cheaper then you think.

You love saying 'do the maths'. It makes you sound so English and particularly clever. Like a very sophisticated gentleman English professor. I bet you get off on that just a little.

By the way, if you do the grammars, you'll be able to distinguish the difference between 'then' and 'than'.

Quote from: franky1 on December 14, 2016, 08:00:04 PM

Quote

https://www.eia.gov/tools/faqs/faq.cfm?id=667&t=6
A barrel of oil contains about six gigajoules of energy. That’s six billion joules or 1667 kilowatt-hours.

so lets take $42(more accurate then occasional $40)

$42/1667kwr=$0.025/kwh

This is only correct if you are able to get 100% efficiency in your conversion of chemical to electrical energy - something that is totally impossible in the real world. So your maths turn out to be fucked.

franky1

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Quote from: Cranky4u on December 14, 2016, 08:03:39 PM

Small time Chniese operators stealing electircity is conceptually not that different from US students using 'free' dorm electricity to run small scale farms (especially during winter). Grin

Grin

^ this guy gets it Cheesy

Cheesy

franky1

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im still laughing..

blame 12 hobbiests for stealing electric and exaggerate them into being world destroying eco-terrorists.
yet.. its actually the saudi's that are damaging the planet.

Cranky4u

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Activity: 810

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Small time Chinese operators stealing electircity is conceptually not that different from US students using 'free' dorm electricity to run small scale farms (especially during winter). Grin

Grin

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