log☇︎
345100+ entries in 2.757s
dub: augmentign a small city with extra 10G capacity, a couple of routers and switches
Diablo-D3: I can get a 1000 foot spool of cat6a and not spend that much money
dub: that doesnt include optics, jsut DC power, fiber and a little cat5
Diablo-D3: dub: well, its a soft estimate
mircea_popescu: they won't likely be able to resist stiffing you, seeing how you're a new face on a bugdet.
mircea_popescu: yea well, it's a little like playing poker.
Diablo-D3: even if a subcontractor fucks up, it limits the scope of the damage
Diablo-D3: mircea_popescu: this is why a small one is being done first
mircea_popescu: but in ma it's about there. not even a good one.
Diablo-D3: its a rule
mircea_popescu: a lawyer practicing corporate may cost you 10k just to hear your case.
Diablo-D3: as in, I hire a lawyer.
mircea_popescu: a crash course in suing ?
Diablo-D3: then I get a crash course in suing.
Diablo-D3: but its not representative of the problem at that small of a size
Diablo-D3: I was just going to do just a dozen racks
Diablo-D3: its not like Im going out there with a trow and some bricks
mircea_popescu: you know everything needed for building a dc backwards and forwards ?
Diablo-D3: I know everything needed backwards and forwards, but I dont have a userfriendly interface
Diablo-D3: mircea_popescu: I'd be what pg calls a technical founder
mircea_popescu: i am an asshole. there's a difference between asshole and that.
mircea_popescu: bitcoin is a currency, not a post count.
mircea_popescu: well that'd have been a great point to innovate.
Diablo-D3: and the reason I didnt have a website first is because thats not how things have been done in bitcoin
mircea_popescu: but your company has a site now. news can be published, people can ask you questions.
mircea_popescu: it stands to reason you should make a website before registering the security, actually. why not ? a blog is five minutes' work.
Diablo-D3: I think what I should do is just bust out a web 2.0'ey kind of website for DMC
mircea_popescu: well, brokering is hard work and requires a large set of rare skills.
Diablo-D3: I dont go to NYSE's website to trade stocks, I go through a broker, and most brokers barely list any info about companies
Diablo-D3: seriously, glbse has room for a contract, but not anything else
mircea_popescu: the most expensive part of a project run by someone with great ambition and no experience is always the management.
Diablo-D3: if I had a million dollars in the bank
mircea_popescu: it'll be a bitch to waste your own.
mircea_popescu: i tell you, it's bizzare to want to bootstrap a taxicab company when you never ran a cab.
mircea_popescu: ever applied for such a job ?
Diablo-D3: mircea_popescu: no, but I know a surprisingly large number of people who do
dub: a better question would be, has Diablo-D3 EVER worked
mircea_popescu: Diablo-D3 did you ever work as tech in a dc ?
mircea_popescu: and obviously a wind turbine powered datacenter would be something very comical.
Diablo-D3: I mean fuck, look at a 1mw wind turbine
mircea_popescu: i'm just pointing out that pricing may be a little more difficult than it seems.
mircea_popescu: trust me. a 2mw costs more than 2-12k
mircea_popescu: i only have a vague recollection, anyway.
mircea_popescu: there's a reason why projects are always over budget.
mircea_popescu: a yes, yes. thart's what they call it.
Diablo-D3: got a url for the one you were thinking of?
mircea_popescu: thart's a great way to painfully die.
Diablo-D3: mircea_popescu: which is why Im asking for a million, not a billion.
mircea_popescu: on a total budget of 100k a prototype could cost at most 2-3k
mircea_popescu: if all you have is 100k and you spend 100k, you did not buy a prototype.
mircea_popescu: to wit, that thing which people with a lot of money do.
mircea_popescu: prototyping is a term of art.
Diablo-D3: mircea_popescu: it is for a prototype.
mircea_popescu: the same reason there's no 1/8th of a person cars
mircea_popescu: there's a very good reason why there's no dcs made out for 50 racks Diablo-D3
dub: you are talking to a shut-in, who lives in a fantasy world of drawn japanese people and cronic masturabation
mircea_popescu: a mid size up to par with current specs dc costs about 1bn atm.
Diablo-D3: mircea_popescu: a full sized facility is a thousand or ten thousand racks
mircea_popescu: the generators for a decent facility run in the millions.
mircea_popescu: you can't build a detached family house for 150k in maine.
Diablo-D3: a data center.
mircea_popescu: you want to build a "facility".
mircea_popescu: A dedicated facility will be purchased or built on un-/under-developed land located in Maine due to our cold 6 months out of the year environment and lack of natural disasters. $150k will be set aside for this purpose as a soft estimate.
mircea_popescu: as such, the benefits of making a large company out of many fpgas are neglectable
mircea_popescu: fact of the matter is all this is pretty banal. a currency exists.
dub: what a fucking joke
dub: you can't seriously think you can have a serious conversation about DMC
Diablo-D3: afk for a sec
Diablo-D3: this is a good thing
Diablo-D3: a lot of things have already gotten better because of DMC
Diablo-D3: the market doesnt communicate well, so its not a one sided problem
mircea_popescu: cause i think this "being in a bad spot for being first" is mostly self-pity. in fact, it's in a bad spot by poor communication with market.
mircea_popescu: i think you'd have been a lot happier if that contract was better written tbh.
Diablo-D3: DMC is in a bad spot by being the first. We can't just leave the money sit
Diablo-D3: I'm ipo'ing as a company that does many things
Diablo-D3: they ipo'ed as a car manufacturer
mircea_popescu: they ipo'd as a car designer.
mircea_popescu: ya but they didn't actually ipo as a car factory
Diablo-D3: Tesla didnt have a car factory when they built their company
mircea_popescu: you didn't ipo as a bank.
mircea_popescu: if you ipo as a shoe factory you can't take the money and buy shoe factory shares in other factories
Diablo-D3: DMC's first one will be a few dozen
Diablo-D3: when google or amazon build a data center, its thousands of racks
Diablo-D3: yes, but for what the plan covers... that IS a small scale.
mircea_popescu: yes but there's a reason, see ? tghe reason is that it's much cheaper to test things out on a small scale.
Diablo-D3: theres no one else whos doing real world things at this large of a scale in the bitcoin world
mircea_popescu: commodification is a natural process, you can'd "do" it any more than you can rain.
mircea_popescu: well i'll tell you this, unlike most everyone i don't think you're necessarily foolish. maybe a little haughty. the thing is, it's not enough for something to be hard to make it worth doing.
assbot: [GLBSE] [FZB.A] 100 @ 0.034 = 3.4 BTC [+]
mircea_popescu: that's a move of commodification.
mircea_popescu: so basically you envisage a very capital intensive investment
mircea_popescu: do you have a complement to that somewhere ?
mircea_popescu: so we'll have to leave your opinions on valuations aside for a moment.
DeaDTerra: With little to no communication and a sea of lies and cover ups
DeaDTerra: What I do agree on is that this whole thing has been run in a incorrect manner and with little respect to the investors money.
kakobreklaa: also i got a word from a source who have worked with zipconf
DeaDTerra: I was feed a lot of bullshit, I was fooled and not told the whole truth.
kakobreklaa: not a lot*
Chaaaang-Noi: also deadt no offince but i think you were feed a bunch of BS.
mircea_popescu: dude. i have not had a hack in a year.