217900+ entries in 1.69s
X-Rob: BingoBoingo: I'm talking more about the technical issues of claiming
a block
BingoBoingo: X-Rob: Right, but you have to realize how much
a casino can came at 1 or 2 percent house edge over time.
X-Rob: So you'd need to ACTUALLY have the pool find
a block, or, as I said earlier, have pool C find the block for pool B, but that's economically foolish.
X-Rob: BingoBoingo: The issue is not having the pool owner say 'Yes, I found block 1234', it's other people going 'Uh, actually, no, I found block 1234, here, it's addressed to me, here's me signing
a transaction'
mircea_popescu: so #eulora just succeeded in an infrastructure upgrade, taking crystal space from 38 something to 40 something. this is
a major tech victory.
mircea_popescu: betting is an odds game. if you win 1% more than you lose, but you can rely on that 1%, you may cycle thousands of btc for
a profit that well exceeds say coinbase's
BingoBoingo: I think the price for
a lot of pool ops would be 25.01 to 25.03 BTC
X-Rob: I saw an amusing comment on reddit yesterday, on
a photo of someone climbing
a massive radio tower. They said 'You couldn't pay me enough to do that', and someone responded with '72.6 billion dollars. Per hour'.
X-Rob: Everyone's
a whore. It's just the price that varies.
X-Rob: You still have
a massive percentage of the hashrate of the entire btc network.
mircea_popescu: X-Rob because you're not you. you're the pool op, who has to make
a buck, and who is friends with the other pool ops.
X-Rob:
A sum large enough to tempt even the most honest of pool operators.
X-Rob: But, let's assume that the bet is massive. Say,
a million USD.
X-Rob: This would only be an issue in
a closed pool, however.
mircea_popescu: X-Rob well the advantage would be that they win
a bet, get more btc.
X-Rob: Wether or not they MINED the coins is
a different question, but I can't see any advantage in pool C mining coins for pool B
X-Rob: Both of those together can give you
a good indication of who mined the block. If the destination of the coins is to
a known pool address, then that pool ended up with the coins.
X-Rob: There are two things that you can 'know' about
a block. The destination of its mined coins, and the coinbase.
X-Rob: mircea_popescu: Well, p2pool is
a specific case, and I probably shouldn't have used it, because that's one of the ones you /can/ be 100% certain about.
X-Rob: However. There are
a large number of pools where you can only guess. And 'because I say so' is about as much certainty as you're going to get.
mircea_popescu: other than making people with
a soft understanding of the protocol make wrong assumptions
mircea_popescu: the contention is whether "Who found
a block" has any substance to it past "we say so"
chetty: miners are all on
a beach somewhere
jurov: but.. i'm not miner and maybe i;m mistaken. that there is none in this channel makes me
a bit sad.
mircea_popescu: there's
a difference between purely declaratory statements and actually measurable objective reality.
jurov: miners can collude for difficulty bet to come out
a certai way
jurov: and you don't give
a fuck
jurov: okay, but since operator is not affected it's not
a worry for him
mircea_popescu: what is the advantage of
a reimplementation of
a dubious solution to
a solved problem ?
mircea_popescu: so here, i found
a block, you publish it and we split the pot.
mircea_popescu: CEO Yishan Wong finally addressed the controversy on Saturday by releasing
a remarkably clueless manifesto. Reddit, he wrote, is "not just
a company running
a website where one can post links and discuss them, but the government of
a new type of community." So, then, what type of government is Reddit? It's the kind any reasonable person would want to overthrow
mircea_popescu: i mean what's the advantage to rolling this dice as opposed to roling
a proper, provably fair dice ?
jurov: Same thing. We roll the prize money over into
a future race as
a cherry bonus.
jurov: If the miner hasn't been determined by the above methods, we roll the prize money over into
a future race as
a cherry bonus.
punkman: Rangerk, website was
a bit unclear, if block ends up in Other, do I lose?
assbot: Reddit is
a failed state | The Verge
nubbins`: fun fact, it's actually running through
a coinbr acct
nubbins`: the enunciation is
a little bit weird around that part
nubbins`: i was walking through
a parking lot last night and as i passed this tracksuit-wearing guy, he shouts "GO FUCK YOURSELF, YA SLUT" at his phone and then starts walking really closely behind me
nubbins`: meantime, what sorta rates do your uni kids offer? i've been doing
a bitta research myself, seems $1/poster (plus printing) is average for traditional postering crews in large cities
nubbins`: er well, i mean when i exit incognito mode and use
a regular browser window again
gribble: Error: I am not seeing this user on IRC. If you want information about
a registered gpg user, try the 'gpg info' command instead.
nubbins`: "Since lactose occurs mostly in milk, in most mammals, the production of lactase gradually decreases with maturity due to
a lack of constant consumption."
nubbins`: was interested to know galactose was
a FODMAP
nubbins`: and tell me if
a slice of fuckin bread is the problem these people are having
nubbins`: it's
a pillsbury-brand pizza pocket
chetty: I saw
a thing where they tested blood stored 50 years ago so its not better detection
nubbins`: "Coincidentally, some of the largest dietary sources of FODMAPs — specifically bread products — are removed when adopting
a gluten-free diet"
nubbins`: "Instead, as RCS reported last week, FODMAPS are
a far more likely cause of the gastrointestinal problems attributed to gluten intolerance."
ThickAsThieves: but i'm being
a typical symbol-reading, word-menaing-guessing, god-worshipper in that
ThickAsThieves: in my own estimation, the gluten thing is more of
a phenomenon relating to health-enthusiasts fucking up their bodies and either exacerbating gluten intolerance, or misdiagnosing it as the problem, rather than the symptom
ThickAsThieves: i do think US education is
a major culprit (just read the Mike OCD article)
Azelphur: ;;rate CheckDavid 1 Worked with him for
a little while, seems like
a nice guy.
mircea_popescu: justusranvier and what else,
a fixed point so you can overturn teh earth ?
mircea_popescu: take asciilifeform's "mirror". well, is it
a mirror or
a mitmor ? how do i know ?
justusranvier: I want Gentoo to ditch source tarballs entirely in favor of Git. It should be easy for
a user to patch the source code of any package they run and have Portage handle merging changes from upstream
justusranvier: mircea_popescu: Yeah, I actually don't have many compilation/dependency problems any more, but it's not progressing very much as
a distribution
mircea_popescu: RagnarDanneskjol you wanna talk to
a bunch of kinda derpy ro kids with some linux sysadmin experience ?
mircea_popescu: asciilifeform i just passed along your most recent naggum link to
a group of ro kids to great benefit. you've contributed to the "propasirea culturala
a neamului"
mircea_popescu: it looks quite scummy on the face, but i personally can';t be arsed to look into it. if you had
a blog and the inclination to research you could prolly publish
a decent article
cazalla: well, the guy behind digital BTC got done here by the ACCC for mobile games, ringtones
a few years back
cazalla: To schedule
a cryptocurrency investment consultation, please email us at info@bitvest.co - sounds good
mircea_popescu: this is starting to sound
a whole lot like usagi on steroids.
mircea_popescu: decimation btw, here's
a curio : while darwin published in 1956, there's
a little book of anon fiction published in 1844, "Vestiges of the Natural History of Creation"
BingoBoingo: I wonder if there is
a dollar bill version of fast and furious, where Instead of ATF and guns the treasury just dumped
a bunch of money on the cartels
mircea_popescu: they must be thinking of the billion and
a half in bills the contractors took over to the taliban in iraq ?
artifexd: TIL my wife is guilty of "bulk cash smuggling". I wonder if there is
a reward.
ThickAsThieves: they gave
a roadmap for EURUSD parity, and now it's happening
BingoBoingo: For all we know the USG might take
a break from shorting BTC and send the Euro under the dollar tomorrow by telling Germany it lost their gold.
mircea_popescu: tely so), but the official version looks shakier with each year (by simple working of the poor quality of this kind of idiot's memory). The reason for pushing him out looks quaint as that guy in Belgium kept
a girl in
a basement or whatever, and that's how things work now, by comparison and recourse to derpmemory. Because we're living in fucking post-literate society among barbarians. Here is my very important fanon on
mircea_popescu: abuses of power. Members of his team bugged an office? Heh, how simple. Bug the world like Bush-Obama. I have always been intrigued by Nixon's rise, fall and return like
a rock star set to politics, and this is my current take on
a unified theory of Watergate."
xmj: he may have been the one to put
a name on it, the idea behind it has existed for millennia
mircea_popescu: jurov well they kept the us mentally in check, so to speak. they're muppets in the fields of kansas, the best they can do is "we're better than x", very limited meanness. once no more x, there isn't
a good reason not to patriot act all over the bed. i suppose that's the strongest reading of that.
mircea_popescu: it was
a very enjoyable experience to piss in the chalice in byzantium, looking forward to pissing i nthe chalice in rome.