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mircea_popescu: reeses i wrote a thing and of all the irc people you're possibly the only one misanthropic enough to read it well.
mircea_popescu: anyway, this will probably have a npc-ish town in the sense that it's likely the first one will be made by me, but i don't intend for that arrangement to be permanent.
mircea_popescu: i have not yet heard anyone say "you know what, i think it'll suck". either i'm really good at filtering my circle or else this game may be too cool to make.
mircea_popescu: one of the dumbest douches on that forum, the phoenix guy.
mircea_popescu: "Even the NO side, which I imagine is supported by all of the #bitcoin-assets fanboys"
mircea_popescu: i used to do that back in the glory days of the pmbs, coupla years ago, with the synth assets.
mircea_popescu: the jackpot goes to the exact set of players that played at 1.9% or w/e.
mircea_popescu: it's not different players in this statistical sampling sense we are using the term.
mircea_popescu: toffoo yes but different "players", so it can't go into the edge discussion.
mircea_popescu: because playing more or less does in no way improve your chances to get anything from the 2nd thing
mircea_popescu: i should perhaps write to explain the entire us corn situation, seeing how im probably the only one that both understands it and isn't sworn to secrecy
mircea_popescu: calculate the maximum thickness of rebar allowable if 1% strontium is radioactive.
mircea_popescu: if i were teaching a nuclear physics class the next assignment would be,
mircea_popescu: asciilifeform the soviets had a recipe for warm concrete floor
mircea_popescu: that';d be the fucking end oif it, when i go to cash and carry, buy two sacks of nano particulate silicone cement
mircea_popescu: we don't have a very good model to map hash to transistor count yet.
mircea_popescu: the end of the free market and silicon cartel cca 2003 is well visible on that plot
mircea_popescu: make people pay now for benefits later, which they believe in because it's the founding myth of their civilisation.
mircea_popescu: much like white folk's pensions, the best scam in the book
mircea_popescu: in a year 2x as good tiles will be sold also at 500 also on a 5 year promise
mircea_popescu: so today the tiles will be sold at 500 dollars and the 5 year promise
mircea_popescu: anyway, you seem to think the more hashing the worse off bitcoin is.
mircea_popescu: because that way they end up paying 25% less over 5 years.
mircea_popescu: "every luser" = rich white folk who can afford to pay 5x as much upfront.
mircea_popescu: you will get roughly half the cost of your power usage back as bitcoin, i iamgine.
mircea_popescu: if you install it today that 38 to 72% money back reads more like 4500 to 95000%
mircea_popescu: or have high tech heating doing 99.5% efficiency and 38 to 72% money back over a year, at 500 dollars per unit"
mircea_popescu: "you can either have low tech heating doing 99% efficiency for 100 dollars per unit,
mircea_popescu: by the time asic tiles are available bitcoins are 100k-1mn per anyway.
mircea_popescu: only if you consider diff increase decoupled from price increase.
mircea_popescu: "sorry you can't have asic heating because it interferences with the weasels"
mircea_popescu: i don't see what diff it makes, outside of perhaps being the avenue through which govts will try and limit the practice if they somehow decide they want that
mircea_popescu: well less so, but it ain't a resistor in any sense either so.
mircea_popescu: a lightbulb even is mostly a heater rather than a rf source.
mircea_popescu: this is visible to the nakled eye, but it doesn't come to significant emission in terms of energy
mircea_popescu: the considerable part, i mean. for instance many resistors emit light when under working conditions
mircea_popescu: the only thing is you will need special designed chips to limit clock frequency so they may be passively cooled.
mircea_popescu: such as you know, the plant, the lines, the transformers, etc.
mircea_popescu: and that 100 dollar allowance is incredibly generous, seeing how it's equal to everything power takes.
mircea_popescu: now, for as long as 1th mines 100 dollars worth of bitcoin, it is perfectly economical to heat with the miner tiles.
mircea_popescu: in the power + hash assembly you have suppose 200 dollars cost per mjoule, and generate 1th worth of hash.
mircea_popescu: let's do the math for this, shall we ? power generation costs, about $100 per mw, yielding electricity, which transforms directly to heat at ~$100 per mj.
mircea_popescu: that aside, people still mine on fpgas, strictly because in the winter it warms.
mircea_popescu: asciilifeform because the marginal gain is not quite enough yet, and they're noisy, clumsy and unwieldy.
mircea_popescu: in the not-so-distant future electric power, nuclear and solar, will be all the power we ever use.