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Bitcoin power supply reviewBitcoin is a 'Ponzi' With Infinite Supply - Skeptics Chime In
Bitcoin developer Ben Carman wrote that "Bitcoin has existed for 12 years and the most outspoken critics are just people who don't understand fractions. And of course, where would we be without the words 'fraud' and 'Ponzi' thrown into the mix. Per him, all invested money "just disappears," "USD 25m" in mining rewards and fees a day goes to the miners, and "not a penny gets "stored" anywhere.
On the other hand, Stephen D. Palley, a partner at Anderson Kill , tweeted that "there's substantial evidence" that a small number of actors used bitcoin fraudulently and that it was "manipulated by large purchases with questionable assets, wash trading, spoofing, etc.
It doesn't make 'em a Ponzi scheme. Bitcoin is "literally" not a Ponzi scheme. My bros stephendpalley and propelforward are right. There are echoes of Ponzi in how speculators interact with it. But it's not a Ponzi. It's a "Nakamoto Scheme. As is the eternal case, the existential debate over whether bitcoin is money - if so how, if not what is it? Arguments are given that bitcoin is a store value, which many disagree with. Another argument is that it is sound money, which again, many disagree with.
What is worse, bitcoiners see it as a store of value. However, data shows that BTC is actually being used for payments. Some say , however, that bitcoin "wins the sound money race" due to its reliability, predictability, and immutability, not better technology. But others wondered if its financial asset then, instead of currency.
Nonetheless, another longtime skeptic, author David Gerard tweeted that this race can be won only if the definition of sound money is made to fit bitcoin. And while this is happening, a related father-son disagreement continued, between crypto skeptic, gold bug Peter Schiff and his son Spencer Schiff, with the latter saying the former's "understanding of money is flawed.
Your understanding of money is flawed. You think the key determinant of a money's soundness is possession of "intrinsic value", a nonsensical concept. What differentiates sound money from fiat money is the former's emergence on the free market rather than by coercive State edicts.
Meanwhile, New York University economics professor and arch crypto-skeptic Nouriel Roubini has once again inadvertently presented BTC as a good example.
How to lose money trading Shitcoins. It's a shame to see such high-end PSUs reporting fake power-good signals. Although they satisfy the rest of our requirements, we strongly advise against them. With a longer hold-up time and an accurate power-good signal, the 1. If Thermaltake listens to our recommendations and fixes this unit, we will surely add it to our list.
Cooler Master's MasterWatt doesn't fall short by much. Should the company rectify its shortcomings, it'll only have to tune its power-good signal accordingly. The Enermax Platimax D. F W is only a hair away from the power-ok signal's requirement, however it only has six PCIe connectors which are too few for a PSU of such high capacity. He is also the Chief Testing Engineer of Cybenetics , and developed the Cybenetics certification methodologies apart from his role on Tom's Hardware.
Neither Tom's Hardware nor its parent company, Purch Media, are financially involved with Cybenetics. Aris does not perform the actual certifications for Cybenetics. Andyson Platinum R Corsair AXi.
Reasons to Buy Price. Reasons to Avoid Efficiency at light loads. Reasons to Avoid Price. Reasons to Avoid Large dimensions. Reasons to Avoid Expensive. Corsair HX Reasons to Avoid Inrush current with V. Reasons to Avoid Distance between peripheral connectors.
Reasons to Avoid Tough competition at this price range. Topics Components. Tom's Hardware Top Picks. See all comments 5. I always enjoy reading articles by non technical people. Refurbished Server Power supplies are a much better deal.
Costing pennies on the dollar compared to all these overpriced and inefficiently rated power supplies. Crypto miners need a strong 12 volt rail, not a generic PC power supply.
Caveat Emptor! I won't recommend to my readers getting a used server PSU or a used PSU in general which can blow sky high once loaded, since you simply don't know how heavily it was used before.