Malaysian authorities have taken to an excessive measure to show the purpose that it’s unlawful to steal electrical energy so as to run cryptomining rigs: crush them with a steamroller.
The video making the rounds reveals what seems like Antminers laid out and filling a parking zone at a police headquarters earlier than the ruthless fingers of justice drove an precise, honest-to-God steam curler over all the lot of them.
The 47-second video does not present each gadget getting crushed, however based on PC Gamer, not one of the 1,069 illicit mining rig was spared, which is unquestionably not good.
The offending computer systems had been seized in six raids carried out collectively by Malaysian police and Sarawak Power Berhad (SEB) round an airport within the Sarawak area, the place miners had allegedly tapped into SEB energy strains to divert as a lot as $2 million in electrical energy to energy the rigs.
Evaluation: the staggering price of cryptomining is not simply an costly graphics card
Along with the outrageous prices being charged on-line for graphics playing cards just like the RTX 3080 and RTX 3090 – even amongst reliable retailers – there’s a a lot larger price to the cryptomining craze of the previous few years.
Regardless of what cryptocurrency advocates declare, precise scientists who examine the consequences of cryptomining on the surroundings are just about in settlement that it is an ecological catastrophe.
Cryptomining, globally, requires 110,000,000,000 kilowatt-hours of electrical energy annually, whereas all the photo voltaic panels in the USA produced only 90,000,000,000 kilowatt-hours in 2020.
You may say that this vitality diversion is properly spent if you happen to consider cryptocurrencies have utility past holding vital nationwide infrastructure hostage for ransom, shopping for medication on-line, or cash laundering, nevertheless it is vitality diversion.
It won’t be as express as on this case in Malaysia the place miners actually tapped into an influence line and diverted electrical energy from reliable use, however a single watt of electrical energy used to course of blockchain transactions and generate bitcoin anyplace is one much less watt out there for every little thing else.
We do not cease powering our houses for some discrete period of time so as to mine bitcoin. We energy our world and we mine bitcoin. This is not going to alter, so regardless of how a lot crypto advocates attempt to inexperienced up crypto, it’s nonetheless an more and more heavy anchor on our efforts to fight local weather change.
All one must do is look out the window of a New York Metropolis workplace this week and see the hazy smoke from west coast wildfires to know that that is untenable if we would like a fairly livable planet within the years to return. In opposition to that actuality, crushing 1,069 mining rigs beneath a steamroller is woefully inadequate, nevertheless it’s a begin.