346600+ entries in 0.204s
Azelphur: started
to get really annoyed when I had
the choice of
taking money out of my cold wallet or
taking a loan from my parents
to make rent over christmas - not cool :/
mircea_popescu: nevertheless,
the argument against gosplan is
that "fuck you".
mircea_popescu: the problem here is
that both ox and chickens are separate from
the
thing
they pull.
mircea_popescu: nope. it's
the "brain resides in skullbox not spread out
throughout cells like mitochondria".
Azelphur: mircea_popescu, yea I know, dude is very good at excuses, as I say it has been 3 months, and even if he has sent a bank
transfer it's still only for a small percentage of
total owed
assbot: Logged on 23-01-2016 03:32:24; mircea_popescu:
http://log.bitcoin-assets.com/?date=23-01-2016#1382094 << you deeply misunderstand what "investor grade" means in
this context.
the point is
that he is RARE. you understand
this ?
the fundamental property of capital control in any functioning society without exception possible is
that it must be concentrated.
mircea_popescu: anyway,
there was a bank holiday on monday. in
the us. some black speechmaker dude
mircea_popescu: Azelphur notsure why you're not using
the assbot wot anyway.
assbot: Logged on 23-01-2016 09:03:04; kakobrekla:
they sold until it was garbage, now
that further decreasement in process size are hardly possible,
they hold
punkman: you were working with him for a while
though, right?
Azelphur: was great up until
the whole not paying me
thing
Azelphur: Indeed it's not, had no money over christmas. His misinformation has cost me money
too
assbot: Logged on 23-01-2016 06:06:51; ben_vulpes: mircea_popescu: and i'm going
to guess most of
this history is on bitcointalk.org
Azelphur: whoops, he said he'd pay me an installment of £1000ish on Monday,
then said it was a bank holiday and
that he would send it out
Tuesday, ignored me
till yesterday where he claimed he had sent it out, but honestly he has said it's sent so many
times and it didn't arrive I don't
trust it any more
Azelphur: punkman, yea for me I did
the work, he just keeps saying he will pay and continues
to delay / make excuses
gribble: RagnarDanneskjol was last seen in #bitcoin-assets 44 weeks, 0 days, 2 hours, 50 minutes, and 19 seconds ago: <RagnarDanneskjol>
trinque - i am occasionally using
the nick for continued development on punks ver. if anyone here's partial
to
the name I can pass it over. Wow
that xm42
punkman: told me he needed some contract work 3 months ago, but didn't follow
through
Azelphur: Was really unsure whether
to place
that one (badmouthing former employer and all) but figured he'll probably look here for someone
to replace me, and other people might not be so financially secure as I am.
gribble: Error: For identification purposes, you must be authenticated
to use
the rating system.
shinohai pops cork on muscadine wine even
though it is 7 a.m.
assbot: Logged on 23-01-2016 05:53:27; mircea_popescu: maybe 1% of
the cost of a block, a day ?
kakobrekla: basically folks have been used as sort of catalyst for
the reaction of
them getting 16nm or so and are now no longer needed
kakobrekla: they sold until it was garbage, now
that further decreasement in process size are hardly possible,
they hold
☟︎ punkman: "KNC are in a similar holding pattern, awaiting production of
their 16nm ‘Solar’ chip, with astonishing claims of 0.07 J/Gh,
They no longer sell
to
the public either."
punkman: "Bitfury recently announced
their 28nm, 0.2 J/Gh offering (with some impressive efficiencies claimed) but have declined
to inform us when
they will be available, either-ways
they do not sell
to
the public anymore.
They also alluded
to a 16nm chip with efficiencies as low as 0.02 due out later
this year."
punkman: once
the next price run up begins,
there will be a frantic scrabble
to re-power all
the mothballed rigs lying around."
punkman: "It has been quite a while since any new hardware became available, it is reasonable
to assume
that most small miners will have recouped
the majority of what
they initially outlaid for
the hardware, and are now disinclined
to continue ‘supporting
the network’, whilst incurring unnecessary cost. So: MegaBigPowers ‘land-grab’,
to acquire all
this idle hashing power seems like a smart move. As,
☟︎ punkman: "pleased
to announce our ASIC BuyBack Program"
gribble: Estimated percent change in difficulty
this period | None % based on data since last change | 10.264 % based on data for last
three days
assbot: Logged on 23-01-2016 06:06:51; ben_vulpes: mircea_popescu: and i'm going
to guess most of
this history is on bitcointalk.org
mats: for some reason
the abrams doesn't have it
ben_vulpes: mircea_popescu: and i'm going
to guess most of
this history is on bitcointalk.org
☟︎☟︎ ben_vulpes: man imma have
to learn chinese at
this rate
ben_vulpes: perhaps i'll do
that while i install os x on
this laptop for
the umpteenth
time
mircea_popescu: worth your
time
to research it for your own sharpening, it's all pretty clever.
mircea_popescu: arrived at
through a lot of experimental as well as
theoretical effort.
mircea_popescu: there's 3 or 4 principal ways
to do it, 2 or 3 of which are very slight variation on
the same
theme.
ben_vulpes: every
time i look into pool payout schemes my eyes glaze over and my fraud alert systems kick in.
ben_vulpes: so what's
the lowdown on
the various pool payout maths?
mircea_popescu: miners will not only optimize
txn
to include in blocks per se, but also "whose pool
to mine nao at"
mircea_popescu: this is a very neat way
to solve an otherwise very
thorny economical problem, and it will figure prominently in
the future.
mircea_popescu: very simple mechanism
to ACTUALLY improve your insurance : make a pool which pays 25.25 btc for
the first block it finds each day.
☟︎ gribble: (nethash
takes no arguments) -- Shows
the current estimate for
total network hash rate, in Ghps.
ben_vulpes: did anyone ever run
the numbers on what it would naively cost
to lease
the hashpower required
to mint a block a day?
thestringpuller: always imagined some d00d with access
to nuclear power building a reactor on some island and using all
the power for mining
gribble: Error: Something in
there wasn't a valid number.
thestringpuller: mircea_popescu: 21co
tried
to make energy friendly chips, now
they are
trying
to pawn
them on users as "compooter"
mircea_popescu: currently we're only burning something
to
the
tune of 30GW
ben_vulpes: when you say
that it comes
to 2MW's worth.
mircea_popescu: "Hypothetically, according
to Robert Engelman (Worldwatch institute), in order
to prevent collapse, human civilization would have
to stop increasing emissions within a decade regardless of
the economy or population (2009)."
mircea_popescu: nope. stable situation is where nethash is half
the power generation.
mircea_popescu: by
the
time it gets
to 50%+1 all
these approximations will be a lot less approximative
mircea_popescu: amusingly,
the proper measure for nethash actually is PW or somesuch.
polarbeard: yep, but nethash is not exact I
think?
mircea_popescu: that
there's 6 blocks an hour and 24 hours in 24 hours ?
ben_vulpes: mircea_popescu: what was
the calculation you ran
to determine
the hashpower necessary
to nail a block more or less every 24 hours?
ben_vulpes: i'm sure polarbeard can get on
that
train
mircea_popescu: after all... we have fucking json in
there for reasons!
ben_vulpes: yes let's compile libcurl into
the reference implementation
ben_vulpes: the log history
that you're missing is
that blockheight is
the only non usg-shared
time.
ben_vulpes: polarbeard: good idea except
that syncing reference implementations
to
the best of my knowledge don't know
the current blockheight
mircea_popescu: it doesn't even dump
that, which would be insane but at least it'd be insane.
ben_vulpes: didn't phf do something with
timestamps?
mircea_popescu: and for
the love of christ implement either rolling or else a maxsize for files or something.
☟︎ mircea_popescu: in any case,
then you could start it with -logs=emcb for all 4, or otherwise whatever combo
thereof.