log☇︎
280900+ entries in 2.001s
mircea_popescu: i would guess he was just a little weird.
mircea_popescu: i watched the sp
mircea_popescu: i use white superfluffy shit. i don't think white on white writes too well.
Azelphur: I went off bitcoin mag ever since the matthewh3 incident
jurov: in this winklevoss etf case i happen to think the same
dub: the number of times I've seen buttcoin.org quoted and people appearing to take it seriously is disturbing
jurov: have you seen http://buttcoin.org/the-winklevoss-bitcoin-trust ? i especially like the assorted reactions in the end.
dub: the address I have doesnt match Azelphur's
Azelphur: I will certainly have to look into this.
Azelphur: I'm A HUMAN BEING.
Azelphur: I'm not a BFL business card :o
Azelphur: luckily I was pre-smart and have already had mine arranged to be re-packaged and stripped of all labelling before shipping.
Azelphur: dub: I have a business card, one sec.
kakobrekla: well yeah jurov the polite thing is to turn away when you see a scam i think
jurov: anyway evoorhees, i'd like to know if anything tangible came out of the conference, for s.dice or else
furuknap: 24 hours and roughly 25% of BFMines IPO sold. I'm not disappointed, even though that includes 5% for myself.
kakobrekla: sorry i ment bitstamp
evoorhees: I've been to three conferences now I think, and the level of professionalism gets better and better
matthew_boyd: Damn, now you are making me jealous, I really wanted to be there, maybe next year...
evoorhees: both were awesome I must say
matthew_boyd: Damn, I wanted to be there so badly, but I couldn't in such short notice, anything really good I missed?
evoorhees: last night I got back from the london conference, it was fantastic
evoorhees: I'm good thanks
Namworld: I recommend BTC-BOND. Just a flat 0.03% daily. 10.95% per year. I'd call that good returns.
furuknap: The miners I bought for BFMines is priced at 5% of what AM blades are today (or were, until they were pulled off the market).
furuknap: Friedcat said it would be 65nm, but I don't know if they changed their minds of course.
ThickAsThieves: i predict you'll be wrong about all your predictions in the future
furuknap: Sooner or later, I'll be right, though, like every prediction made far enough into the future.
furuknap: Now I have to get back to work.
furuknap: All of this, BTW, is why I don't think difficulty will keep growing for very long; the risk to large investors (ie those that need to come along to fund next-next gen chips sub 28nm) is simply too great.
furuknap: No, the mass production isn't there by a long shot. Like I said, KnC (which are the most efficent miners as of now) must sell hardware for $200 million until FEbruary 2014 to maintain 10% network growth. They're not even close to that.
jurov: now i can only say the hw prices will drop like a stone, cusing severe dent in existing players' revenues and hashrate piece of cake
Namworld: Well honestly, I don't think the halving is what makes the biggest impact on this. The insanely high price of AM and lowering USD/BTC rate does.
furuknap: The cost to go from 28nm to 20nm is very high and someone needs to risk a huge amount of money to possibly succeed in reaping a 1:4 ratio on investment. I don't think you'll find many investors willing to risk that.
furuknap: Quite the contrary, I expect it to flatten out, probably much sooner than we realize.
ThickAsThieves: i dont even know why i try
pankkake: I wonder why it had to be cut in half brutally
furuknap: Well, to be nice to them, I used their purchased 62TH when calculating. With the 30TH, it would look very bad.
ThickAsThieves: i do think they pulled some blades offline
furuknap: It's reverse calculated by looking at the blocks they solve, not the actual hashrate, so yes, to some extent. I wouldn't call it guess but it is based on luck.
furuknap: When I wrote my article last night, AM was at ~30THs
parseval: I know, I was dumb
parseval: I lost those logs you sent me, TAT
parseval: I need moar data though
ThickAsThieves: i know i wouldnt
ThickAsThieves: i know they re-enabled $ withdrawals
parseval: I'd be happy with getting early API access at this point :)
parseval: Oh, I like that
parseval: I was thinking I'd leave it ad-free until I can start adding other stuff like escrow services or whatever
Namworld: I got a self-updating portfolio. But nothing too fancy.
parseval: I was thinking that too
ThickAsThieves: i was wondering if ads are appropriate in your case
ThickAsThieves: i'm familiar ;)
parseval: Thanks. Oh, right... it was past the month, and I was redesigning so I left it out.. I'm still debating whether I want to try hitting you up for more btc ;)
ThickAsThieves: i also see my sponsorship is gone ;)
ThickAsThieves: i did :)
parseval: Did you see, I have pie charts now, TAT
Namworld: If I had put all my 7000 USD of Bitcoins I bought last year in ASICMINER, I'd be getting like 10000-20000 USD weekly (depending on BTC/USD fluctuations and dividends fluctuations)
ThickAsThieves: i did pretty well :)
parseval: I think this year I'll be celebrating George Orwell's birthday
Chaang-Noi: <thestringpuller> mpoe trades :P wow, i honestly assumed the bot had quit reporting it, or it closed. insane
Namworld: No, I guess people mostly trade Passthroughs and current holders are all keeping their stocks or something.
Namworld: I think it's due to more tools/support and better stability or something like that for Nvidia.
cads: I'm _not_ speaking from very deep knowledge
cads: (disclaimer - take all this with a grain of salt - I'm speaking from very deep knowledge)
Namworld: I thought they had a pretty similar market share.
cads: nvidia's always had better marketing, I guess
cads: I guess CUDA just has more market share for now?
cads: Namworld: after a simple search I don't find any companies that offer AMD GPU clusters, which stinks.
cads: I know for certain things like engineering simulations, consultants can provide huge markups on their work (which consists of, say, a Finite Element Analysis of a product), and it makes great sense to run in a High Performance Computing cloud.
cads: but I also have doubts - running at home, they just have to pay capital costs, electricity, minimal maintenance, and depreciation
cads: I have a feeling that people running GPUs like mad might actually save time and perhaps even cash by running in the cloud
cads: I have to find out how competitive cloud based GPU clusters are
Namworld: In any case, I can't mine/use my GPU at 100%, I just put a damn huge 6990 in my underpowered PC (with 300W power suply). PC would self shutdown.
cads: in any case I agree - even 102 core-year cost would not be too great.
Namworld: and I can't get vanityminer to run on my 6990 for some reason to try it.
Namworld: Yeah, I'm not sure at all... I remembered the difference between CPU/GPU being similar to hashing... but it's been a long while since I tested.
cads: Namworld: I might be wrong by now, but at one point I learned that creating elliptic curve keys is altogether separate from the Sha hashing that GPUs excel at.
cads: hmm, I'm off by a couple orders of magnitude in my estimate ;)
Namworld: I got a six core CPU and it goes on at 102 years estimated to find 1Microsoft pattern.
cads: oh, I made a mistake -- multiply that number by 56.
cads: That's a good practice - I do that for passwords where having a longer password beats doing a typo or transcription error
cads: Anyway, that's all I have. </math> </rant>
cads: Oh, I made a small error. s/a vanity address V/a vanity address with prefix V s/such that P(B) + U = V/such that P(B) + U has V as a prefix.
cads: I only know what I've learned in the half hour I've known about it, but it seems to be very scalable and fault tolerant - a reasonable usecase may be to use it in in on a load balancing cloud backend to aggregate all the realtime stats, and feed them to users on a well styled JS frontend.
parseval: I've seen that one, been thinking of picking it up for web stats on the backend. How is it?
cads: I recently ran into graphite, a tool for high performance, mission critical real time data graphing, http://graphite.wikidot.com/faq
parseval: After the pies, I think I'll work on some of the data I've been pulling in from assbot and assetbot to make some charts for the exchanges those bots cover
parseval: I might tweak the colors a bit
cads: I'm thinking it might be most economical to throw a vanity miner into the cloud, if the demand is high enough
cads: so I could use these guys as a marketplace for my own services if I wished
parseval: I think my pies are close to finished. Whatcha think? http://coinflow.co:8000/chart/ASICMINER-PT (the data is a little old, this is from development db which doesn't update frequently)
cads: I'm learning that!
cads: I'm seeing a forum post where a person offers to generate 3 or 4 sufficx vanity addresses for 0.10 BTC, lol
Namworld: and such service already exist I believe.
cads: I'm assuming that if such a service exists it would implement a novel secure handoff procedure.
louong: I like charts
Scrat: I like pie
parseval: I hope people like pie charts
ThickAsThieves: ok i'm turning in, wanna here my arb results for the day?