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by ddevault 1881 days ago
We're moving builds.sr.ht to only support paid users from May forward because of crypto mining abuse. Background here:

https://man.sr.ht/ops/builds.sr.ht-migration.md

I've been in touch with many other people working in the CI industry and this has become a massive problem for all of us over the past few months. Entire industry working groups have been set up for knowledge sharing to combat the crypto mining epidemic.

In hindsight, cryptocurrency is an abject disaster and one of the worst inventions of the tech industry in the last few decades. I am absolutely ashamed to share an ecosystem with such an obscene, exploitative grift. In addition to entirely failing to meet its basic objectives as a useful currency, it has introduced perverse incentives into the entire technology sphere, reduced the integrity of the entire industry, been the subject of hundreds, if not thousands, of scams and ponzi schemes, has created shortages for consumer and server hardware, and is hugely wasteful and harmful to the environment. Fuck cryptocurrency.

2 comments

Crypto actively rewards anti productive behavior. I wonder how many smart, ambitious people will decide to exert their talents doing basically useless stuff simply because of the financial incentives
You could say the same about the whole Finance-industry..has nothing todo with Crypto.
>In addition to entirely failing to meet its basic objectives as a useful currency.

That's the biggest problem, and it should be like IOTA where you "proof" when you do an transfer and just then, and not by "printing" coins, it's a massive waste of energy.