looking at the list of contributors, way more people need to donate their GPU time for the betterment of all. maybe we finally have a good use for decentralized computing that doesn't calculate meaningless hashes for crypto, but helps the humanity by keeping these open source LLMs alive.
It can cost a lot to run a GPU, especially at full load. The 4090 stock pulls 500 watts of power under full load[0], which is 12 kWh/day or just under 4380 kWh a year, or over $450 in a year assuming $0.10-$0.11/kWh for average residential rates. The only variable is whether or not training requires the same power draw as hitting it with furmark.
Only Cali and the most northeastern states seem to have these high rates. Every other continental state is under $0.14 https://www.eia.gov/electricity/state/
That's pretty much what Nicehash does, but after you pay for that electricity it isn't super profitable - especially if you use it for 1/3 or more of the day for your own purposes (gaming/etc).
I immediately wanted to contribute and it's quite difficult to find the link on the homepage! The "contribute" button should not be a tiny text link that says "help hosting" in the footnote, it should be a big button next to the colab button.
Yeah, and by doing so they got rid of 99.99% of their security and censorship resistance. PoS is Fiat 2.0. It's not worth mentioning in the same breath as Bitcoin, not that it ever was.
The market cap of Bitcoin is hundreds of billions, and estimates put the number of people owning Bitcoin in the hundreds of millions. You can find the data yourself.
Thats not the best counterargument, because Bitcoin has privacy qualities by default. You can hop on to any block explorer and accept every address as another user, but you cant verify that (without expensive analysis, on a case-by-case basis) those are not owned by the same guy. Same with Tor, while some data like bridge usage is being collected somehow (i havent looked into it) you cant reliably prove that thousands/millions are using it to protect their privacy and resist censorship.
It's pretty obvious that the majority of transaction volume and value is rubbish. Bots buying, selling, and trading to each other with millions of addresses. The actual real user count for crypto would be a very tiny % of the active addresses. And the real value not even close to the claimed market caps.
I'm not talking about "crypto", I'm talking about Bitcoin. Bitcoin is not free to send or trade. The vast majority of Bitcoin is held by long term holders and hasn't moved on chain in years. Saving in hard money is the primary use case. Hashing secures those Bitcon from being reversed out of your wallet right back to the very first block.
How can you verify that? Other than, you know, "something that a anti-crypto bro on the Internet told you?"
I'm being slightly salty here but i dont get the backlash on crypto. It has a huge potential for safeguarding privacy (Monero) and avoiding corporate walled gardens and banks.
