316000+ entries in 2.489s
OneMiner: How about an old civic or something, tub it out and take it to the track. Then you just need
a tow vehicle. <----- that's my vision except with
a miata.
MJR_III: CPU mining might be profitable if you have
a long enough timeline
pgp: I think you start first with
a constant BTC USD model...
mircea_popescu: O Mercado Bitcoin sofreu um ataque, que infelizmente foi bem sucedido, em sua implementação de redeem code. Devido à um erro de codificação, foi possível ao atacante gerar novos códigos de crédito, sem que o valor fosse devidamente debitado em seu saldo final. Conseguindo assim, gerar um montante falso de bitcoins dentro do sistema e resgatá-lo em tempo hábil, durante
a madrugada.
OneMiner: It's possible they have finalized
a small amount of their boards on order. So changes to future boards would be of minimal cost. Like higher quality VRMs or something.
mircea_popescu: this should be taught in hs. "too many knobs ? always pick
a value you can't stand"
bugpowderr: too many knobs, lets pick
a value we like
bugpowderr: I think there is
a website blog that does
a pretty in depth analysis of the various miners
Chaang-Noi: im
a goat, and im on
a motherfucking boat!
OneMiner: Anybody selling
a small amount of ASICMINER?
gwillen: because the increase in price does not correspond to an increase in USD output, because there's
a corresponding increase in difficulty.
gwillen: pgp: if you bought with dollars you weren't otherwise going to use to buy BTC, I think you get pretty much
a wash
bugpowderr: there is
a reason APPLE is assembled in china
pgp: dumb question, but with the recent explosion in the network hash rate doesn't being forced to wait for bfl's product make it less valuable by the time you actually recieve it? Or does the rise of USD/BTC from the time of preorder to delivery make up for that? or is it
a wash?
mircea_popescu: OneMiner im totally seeing
a replay of tom's basic here tbh.
bugpowderr: I am just going to sit tight for
a while
mircea_popescu: bugpowderr ya but it was
a plastic model and they had no glue.
mircea_popescu: i can't see
a future where they dig themselves out of the hole.
OneMiner: mircea_popescu Hence their scramble I guess. But they made the chips one way or the other so the large initial expense is done with. It will likely cost them less to produce
a revised board.
mircea_popescu: from whatever i can foggily remember about managing ops, if you start
a project to do X and you do X/2
mircea_popescu: OneMiner my intel says people sent them
a lot of btc back when, and that people have not been sending more
mircea_popescu: either i'm the only one with
a calculator on my os or else wtf is going on here.
Chaang-Noi: even though i now have bought
a bfl 60 ghs i think this mess is lulz
OneMiner: It's not
a money maker. They send more units to fill one order. They screwed up the chips or the board.
OneMiner: At
a higher power consumption per hash. Yes, that's how I read it too.
Diablo-D3: did he just say england is
a first world country?
mircea_popescu: the brits nearly got sunk as
a 1st world military power, are you kidding me ?
OneMiner: That was
a supprise attack. They thought they had time. They could have walked back or negotiated. But Brittish attack craft had longer range than they thought.
OneMiner: It could be
a good fight if it happened. That ruling family seems to be worse than all that BS in Iraq.
ThickAsThieves: ignorance, inexperience, bravado, what have you, the boy will seek
a spanking
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is
a valid (1 more message)
jcpham: i knew mircea_popescu had
a gangster phase
mircea_popescu: i guess it's difficult to figure out what's important as
a journalist.
mircea_popescu: truth of the matter is nobody has
a fucking clue where we're headed.
mircea_popescu: i met
a few when i was doing that myself, so it's certainly not "nobody"
Namworld: Well after
a month of good trades, it's time for me to go. I'll be retiring for the weekend to visit family as well as friends.
mircea_popescu: i mean... this makes for good action flicks, because
a rule of storytelling is to concentrate attention
mircea_popescu: on the net this'll make for some sexually satisfied women and
a general slowdown of economic activity.
ThickAsThieves: what would happen if bitcoin really became
a MAJOR safe haven for money in
a short time, and then somehow, all bitcoins disappeared and/or the blockchain became irreparablely corrupted? I guess fiat would skyrocket in value?
mircea_popescu: i thought it was pretty much
a sensible move, back then
ThickAsThieves: i thought it was
a neat idea, but didnt really follow the details at all
ThickAsThieves:
a little over my head, out of my country, but are they simply saying "fyi, your money ain't really safe"
mircea_popescu: Any money held for you in an account with Santander UK plc will be held in its capacity as
a bank and not as
a trustee. In accordance with FSA requirements we areobliged to notify you that the client money rules on money do notapply to
a Banking Consolidation Directive (BCD) in relation to deposits within the meaning of the BCD held by that institution. As
a result, the money will not be held within the client money r
Chaang-Noi: bought my wife
a nice blue saphire ring cuz btc went ovber the 1 billion mark yesterday:)
Chaang-Noi: not old, i mean one of the first guys who ordered like
a year ago
Chaang-Noi: they have like the 15th order and its
a big one
Chaang-Noi: andi heard the bfl staff is taking 105 of first batch to mine with, dont have
a cource
Chaang-Noi: iknow
a guy who ordered 4 of the big ass ones in the first 100 orders
arij: i would expect some compensation though.. if everyone else gets 60w units and i get sent
a 195w unit because i ordered early :/
Namworld: Thick: BFL has
a much smaller nm chips than Avalon/Asicminer I believe
arij: how many singles in
a minirig?
splnkr_: oh so maybe it's like
a firmware update they're gonna have to send out or something
smickles: MJR_III: "UT1R is
a smoothed version of UT1, filtering out periodic variations due to tides. It includes 62 smoothing terms, with periods ranging from 5.6 days to 18.6 years."
smickles: as
a future member of the imprisoned aristocracy, i say good day sir
mircea_popescu: inb4 smickles' revised list : " an estate, some serfs,
a scribe and an extensive collection of skulls taken from people who discussed my spelling"
smickles: i'm not going to stop until i have an estate, some serfs, and
a scribe
mircea_popescu: ThickAsThieves just general kvetch. "in this economy, you're lucky to have
a pickle"
KRS1: but then again i had
a small gpu farm..met the author of Bamt that was kind of cool
ThickAsThieves: <mircea_popescu> you're lucky you have
a dayjob <---this flew over my head
smickles: that's gotta be
a hard job tho
copumpkin: or my perception of you being in
a fight with me
copumpkin: mircea_popescu: well, your idea of
a fight tends to be /ignore
ThickAsThieves: did i miss anything other than rebounding to 90 and half of
a bunch of shitty conversations with tiberius?
Namworld: hmm... RG used to ahve
a photobook aight...
smickles: took me
a minute to realize it
copumpkin: apparently I look like
a "faggot" in that picture
copumpkin: I guess you aren't as much of
a creep as you sounded