288900+ entries in 2.062s
mircea_popescu: it has
a slight but present fire hazard and is toxic if it burns.
jborkl: I thinnk I am going to dnk
a blade in mineral oil and see how it does on temps - just for the hell of it
jborkl: I would have to look at it and see what would fit it, otherwise that could get really expensive - it also might too big of
a system to cool it
jborkl: "KNC support just emailed me back saying that 440 ghash (what 50btc reports), 900 watts from the wall, and chip temps of 65-72c in
a 58F room are 'within spec'...Not awesome."
jurov: OP says below it's not
a scam cuz they did close the acct
mircea_popescu: We kindly ask you to withdraw your Bitcoins to
a wallet outside of Bitstamp.net. If you do not withdraw your Bitcoins in 24 hours as instructed in the previous paragraph, please provide us with
a valid bank account held in your name in
a reply to this Account Termination Notice so Bitstamp can proceed with your Account termination and send you the currencies credited to your Account within 14 business days after your
mircea_popescu: "Bitcoins will be transferred only after conversion into
a currency."
mircea_popescu: course, electricity is
a monopoly in most places for good physical reasons, so i guess the btc to watt thing will be one of the later parts.
mircea_popescu: recently i had
a wire fail to
a supplier, and they were "well, send me bitcoin ?"
KRS1: I apparently stepped into
a chat room on another planet.
mircea_popescu: it's
a venture circuit scam thing, which is homologuous.
KRS1: Virtual currency is slowly becoming
a bad word.
ozbot:
A Few Thoughts on Cryptographic Engineering: RSA warns developers not to use RSA products
mircea_popescu: Namworld in honestly hexediting seems
a little hardcore
qxzn: aw, that's
a shame, it was such
a good story
mircea_popescu: qxzn probably not past
a number of scammer threads on the forum.
qxzn: is there
a decent writeup somewhere of that Ripple "demonstration" TradeFortress made?
kakobrekla: i need to find
a way to avoid this happening for b4x, cause i know it is
jborkl: EDIT: I should add that KnC are using Corsair V850s themselves, and haven't had an issue with any of them. That said apparently they almost supplied their entire hosting with the HX, but due to the HX being out of stock for the volume required, they bought the V850. Which in hindsight is
a wonderful thing.
jborkl: The heavy scorch marks some of the boards are showing indicates more than
a cap also
jborkl: that is
a good theory mp
mircea_popescu: kakobrekla the current theory i'm crediting is that the boards have bad metal masks in
a spot, and it slowly melts the insulation
kakobrekla: one can overload cap for
a short while
jborkl:
A better guess- they are drawing too much off the ps- it cuts off to protect itself and the caps pop
jborkl: I know, that is
a bad diagnosis- it is just wrong
jborkl: It appears that
a reasonable solution has been reached in that all the boards this has occurred to seem to have been used alongside the exact same PSU; The Corsair HX850.+
ThickAsThieves: me for example, you think i would manage
a ledger system for free?
ThickAsThieves: realize that in such
a system you'd end up with more friction
samson_: It would be nice if we could withdraw shares from an exchange just like
a coin.
ThickAsThieves: hordes of ingoramuses asking what is
a labcoin and how do i get them?
ThickAsThieves: lots of people focusing attention on them like
a bitcoingem
samson_: If anyone can create
a security then I don't see the big deal. The approval process would happen automatically if people started trading them for Bitcoin. Take these new alt currencies which appear to be created daily - they're not all traded on exchanges hence they're not 'approved'. They still exist but that is irrelevant.
jborkl: and do not sat the commnity, because
a group of retards approving something is still
a group of retards making
a decision
samson_: If shares were issued on their own blockchain and could be freely moved between the various available trading sites / 'share wallets' there would be no real difference in trading
a share to trading an altcoin. Something like this would provide no decentralised exchange but it provides
a way to hold and move shares independently of any trading platform. Just like Bitcoin.
ThickAsThieves: "I think decentralized is the only way to go as this will happen to any other centralized exchange. Looking into the Namecoin code to create
a decentralized exchanged. As was said above it can be merged mined with Bitcoin. We could uses our own miners to get it going." Ken Slaughter
jurov: like "if the company is
a scam, then it can work"
jurov: no its not, especially if used like: unless the company is
a scam, then it can work
mircea_popescu: ;;google "
a company for carrying out an undertaking of great advantage, but nobody to know what it is"
☟︎ ThickAsThieves: thus
a decntralized service would make their lives easier
pankkake: unless the company is
a scam, then it can work :)
pankkake: I'm not well versed in trade engines, but I don't see how you could execute them in
a decentralized way
ThickAsThieves: if you pile on mp's technical arguments about the blockchain's limits in providing
a decentralized solution it only makes decentralization that much worse of
a pursuit
pankkake: you are now thick, and
a thief
mircea_popescu: anyway. something like ripple (and tf's abuse thereof) clearly showed what the problems are with trying to get
a distributed trust model going.
mircea_popescu: i meant as
a pure concept. could such
a thing be conceived
mircea_popescu: so you envisage
a distributed replacement that's NOT at the same time an accountable ledger ?
pankkake: colored coins do not provide
a solution for decentralized *trades*
ThickAsThieves: while the cheerleaders are searching for
a replacement for exchanges
mircea_popescu: the blockchain is fundamentally
a solution to the bizantine problem
mircea_popescu: and
a bunch of rich powerful people are here to fuck you in the mouth until you bleed
mircea_popescu: forum retards move to what SEEMS TO THEM
a better alternative.
skinnkavaj: So what? With
a free markey, people will choose where to go. Which one sets up the best BTCT clone will win in the end.
jurov: skinnkavaj: i have seen myself some offers on freelancer "build me
a bitcoin exchange", they were obviously clueless on first read
skinnkavaj: Maybe we should sell bitcoin to
a company
mircea_popescu:
a collectiojn of idiots being confused about what they do !=
a free market.
mircea_popescu: anyway. the code contained
a lot of good bits including enough info to reconstruct
a pw.
mircea_popescu: supposedly if you torrent some movie you're also open sourcing it, cause you don't need
a license in the first place to cede rights.
LorenzoMoney: yes,
a decentralized stock exchange would be wonderful, wouldn't it
mircea_popescu: skinnkavaj hasa
a very interesting take on the world :D
ThickAsThieves: mp, please write
a Here's Why Everyone That Wants Decentralized Exchanges is Moron post
ThickAsThieves: "Direct shares is the only way forward, at this point. The fact that you have not put together
a direct share system shows the short-sightedness of management."
mircea_popescu: dude... kids today. long time on
a laptop is fucking egonomics suicide.
Diablo-D3: its
a combination of
a) opsec, and b) THEIR opsec
jurov: i'm waiting almost
a week
bitesak: Matthew Green seems
a good candidate to review the entropy of Cardano?
davout: i'm off, gonna build my mini GPG keychain with
a raspberry pi and
a betamax casing
mircea_popescu: the mothership probably needs
a different solution. this is what the xwingers use while in flight
mircea_popescu: anyway. that sort of thing isn't the usecase here, not really.
a classic pc implementation works much better.
mircea_popescu: which he figures they might think it's
a little strange.
mircea_popescu: if we ever end up selling these by the 10's of ks then an asic run becomes more reasonable and it probably will present
a muchly different picture
mircea_popescu: so iot's
a game of well what can we fit of what we need to have
davout: i concur when you say the fact the private key is never exported is
a feature
Vexual: and he kept pumping like
a pimp
b0n1: lal... so they found
a way to forbid the strat?
Vexual: they ate
a dick basically
Vexual: with no recourse of whisky and whores, the casino kicked him out and took
a loss
Vexual:
a high rolling chinese comes to
a casino, plays, and wins