log☇︎
398600+ entries in 0.265s
mircea_popescu: only indie schmucks deliver things. actually listed companies, be they s.nsa or 21co don't lower themselves to that!
asciilifeform: see thread. the boojum, if there is one, is prolly on the miner die.
assbot: Logged on 21-09-2015 20:35:54; ascii_field: if any of you lot have the time and energy, buy one of these things & reverse it
mircea_popescu: http://log.bitcoin-assets.com/?date=21-09-2015#1281243 << dude get out, buy one. what do you think this is, the trezor ? ☝︎
mircea_popescu: trinque was it massive ? didn't they get like 20mn ?
mircea_popescu: i'd pay money for that if i had kids in the 9-15 range.
trinque: asciilifeform: that was just the advertising to bring in that massive round
mircea_popescu: the ultimate puzzle of course being how to flash the damned thing.
pete_dushenski: asciilifeform: the reason being : reality
asciilifeform: (it was to be a thing in 'every light bulb' and 'every tv set')
mircea_popescu: actually, im mildly surprised at this very retarded approach. the correct way to do this would be - have intentionately crippled miner. to decripple, kid has to solve puzzles.
pete_dushenski: this '21 math' is all too reminiscent of the very same exercise we did back in may of this year : www.contravex.com/2015/05/15/21-inc-and-comcast-sitting-in-a-tree-d-e-r-p-i-n-g/
mircea_popescu: "say doc... why is my boy not breaking all his shit like all the other boys ?!"
mircea_popescu: if anything survives five seasons the kid should be taken to doctor.
asciilifeform: it would make some elementary sense, even as a scam, if it were not for the exponentially decaying egg mass
mircea_popescu: if they murder it, that's the plan.
mircea_popescu: anyway, you'll know if this is their "killer ap" by xmas advertising.
mircea_popescu: better get the goose.
mircea_popescu: besides, that $450 mud bike thery want is just gonna produce hospital bills.
mircea_popescu: hey, comes right out of their college fund :D
mircea_popescu: there is some appeal to giving a kid a goose that lays a dollar egg each day.
asciilifeform: esp. after the halving, difficulty slide, etc
mircea_popescu: im telling you, the numbers aren't aha lol.
mircea_popescu: then they're not mining 120gh
asciilifeform: (the dev board it is attached to can supply no more)
gribble: The average time to generate a block at 120000.0 Mhps, given difficulty of 59335351233.9, is 67 years, 17 weeks, 6 days, 4 hours, 15 minutes, and 47 seconds
gribble: use the 'gentime' command instead
assbot: Logged on 21-09-2015 20:33:23; ascii_field: at the upper end of the claimed hash rate, and supposing phree mains current, the thing will mine, at TODAY's difficulty.... 0.0012 btc/day.
mircea_popescu: http://log.bitcoin-assets.com/?date=21-09-2015#1281227 << that can not be right. ☝︎
asciilifeform: yeah but this thing, at least on the surface, is laughably DOA
mircea_popescu: also quietly discarded. like this will be, in a few years.
mircea_popescu: asciilifeform you have to understand, the 21 thing is merely a remake of an ancient attempt by the coinbase/foundation scammers. it was called "coinlab".
assbot: Logged on 21-09-2015 20:32:19; thestringpuller: I'm pretty sure ASICminer tried this with the USB miners
mircea_popescu: http://log.bitcoin-assets.com/?date=21-09-2015#1281224 << years ago. never did much for them and quietly discarded. ☝︎
asciilifeform: as with the atm
asciilifeform: where, then, is the 'consumeratronic' aesthetic ? why no injection-molded case, blinkenlights, touch panel ?
mircea_popescu: so they're blockchain technologizing.
mircea_popescu: looky here : vc wants "adoption", and "adoption" means basically trying to hot topic all over something.
asciilifeform: i slept through the neobee thing
mircea_popescu: how about the neobee "brick and mortar stores" ? could you see a reason for those to exist ?
asciilifeform: but possibly that's just me.
asciilifeform: aside from outlandish hypothesis like 'hidden usg altcoin miner' - i can hardly think of any logical reason for it to exist.
asciilifeform: mircea_popescu: imho the '21' thing is a genuine puzzler.
mircea_popescu: http://log.bitcoin-assets.com/?date=21-09-2015#1281217 << should appeal to randi the clown and her cohorts. ☝︎
asciilifeform: hell, recall what siemens is most famous for today.
mircea_popescu: well of course. but this was calendar 1999
mircea_popescu: iirc they had some sort of graphical interface bs. there was demand for that in industrial circles quite legitimately
asciilifeform: but yes, he got to sell the pick axes.
asciilifeform: 'We'd paid nearly $1 million in income tax on our profits for calendar year 1999. Not so bad considering that we built everything from a $10,000 investment.' << at the risk of cribbing from obama's 'you didn't make that company', greenspun... did not make that idiot dotcom gold rush!
assbot: Logged on 21-09-2015 20:22:11; ascii_field: these are the 'buy light bulbs that mine for usg' log-reader folks aren't they.
assbot: ArsDigita: From Start-Up to Bust-Up ... ( http://bit.ly/1Yxiqq4 )
mircea_popescu: http://trilema.com/wp-content/uploads/2011/11/arsdigita-greenspun.html << there, read the source for the quote. he meanwhile deleted it from his www but i had a copy.
asciilifeform: 'During the spring of 1999, for example, recruiting 5 hires would earn the employee a Honda S2000. Recruiting 10 employees would net a Ferrari F355. A trophy F355 in bright yellow was kept parked outside of the Prospect Street office in Cambridge to entice employees into recruiting. Later in the summer of 1999, as new management was brought on board, the policy was quietly changed to a lease of the cars, not outright ownership
mircea_popescu: asciilifeform it was acquired by greylock and atlantic, who, according to him, fucked it all up.
mircea_popescu: maybe some wiggle room between these.
mircea_popescu: the facts of the matter are that it had a positive cash flow and no investment.
asciilifeform: it was all acquisition/'exit' games, all the way down.
asciilifeform: none of greenspun's cohort was thusly bathed for creating anything like a properly salable product that somebody, somewhere, actually ~wanted~
asciilifeform: so nothing really changed other than the particular flavour of muppet being bathed in benjies
mircea_popescu: now it's a fucking laughingstock, like declaring it hard to lose money by playing scratch loittery.
asciilifeform: mircea_popescu: actually he wrote this at the heights of the bezzlatronic 'dotcom boom'
mircea_popescu: asciilifeform when greenspun wrote that, he wasn't entirely wrong. yet.
mircea_popescu: i wanna meet the guy that DIDNT loise money paying mit-educated anythings 50-85k a year to do whatever they did. which whatever may not include "being acquired" or other purely bezzlematic shenanigans.
asciilifeform: i might be thick, but - which this ?
mircea_popescu: (this, incidentally, is what 30 years did to the us.)
mircea_popescu: allow me to lol.
mircea_popescu: " But sitting in the parking lot it gave us the appearance of extravagance while inside the building we were living the frugal life--in a world starved for software development talent, it would have been hard to lose money paying MIT-educated programmers $50-85,000 base salaries plus an end-of-year bonus based on accomplishment and the firm's performance."
mircea_popescu: whosoever proposes they are actually valuable. by the flow of that conversation it seemed that includes you.
mircea_popescu: i would not hire the idiots.
mircea_popescu: if vc comes to me with 20mn on the premise i get to keep 1mn if i spend 10mn hiring these idiots
asciilifeform: how's that work
assbot: Logged on 22-09-2015 02:06:16; mircea_popescu: http://log.bitcoin-assets.com/?date=21-09-2015#1281114 << except i wouldn't hire them if they paid me.
mircea_popescu: which is how the largest dispute to date we had has been over... fucking compatibility.
mircea_popescu: same result in the end.
mircea_popescu: asciilifeform that's not even my angle. my angle is this : "yes it makes sense for the company YOU PAID MONEY BEFORE to protect your investment IN THEIR SHIT. but you didn't pay me jack, did you ? I WILL BURN IT ON GENERAL PRINCIPLE AND FUCK YOU FOR HAVING PAID THE ENEMY."
asciilifeform: ergo a rejection of the latter, always strikes the thinking man - and lunatic, alike - as the most enticing possible thing.
asciilifeform: likewise, the most egregious retardation is shat forth by one specific consideration - backwards compatibility.
mircea_popescu: this incidentally also goes for socialism, which yes, inasmuch as it's "the political ideology of the stupid" is indistinguishable from applied dadaism.
asciilifeform: i had to go and actually dig up a fucking lisp machine to figure out why it cannot be 'suck the cock of' and made a base for future work as-is
mircea_popescu: ergo d. the only way for it to pay bills is through cannibalizing its own membership for the onlyt thing they're good for : butt tears.
mircea_popescu: b. the only people who give a shit about dadaist stuff are involved in it ; c. it's not fucking funny.
assbot: Logged on 22-09-2015 01:55:29; mircea_popescu: what "go suck the cock of the people who made the thing that surprised you for a while, because obviously they know and obviously you don't". nonono, HE IS GOING TO HAVE IDEAS.
asciilifeform: http://log.bitcoin-assets.com/?date=22-09-2015#1281874 << the absolute worst risk category for this kind of disease is to be involved in computing. because there, it is largely ACTUALLY TRUE that everyone is retarded. ☝︎
assbot: Logged on 21-09-2015 18:48:18; phf: i guess that's why dadaist groups all have long history of denouncement, usually ending with the original founder remaining. otherwise you always have some entrenched fuck proposing a markdown jet, because useful and doesn't hurt and shrug. but when it's the founder itself..
mircea_popescu: http://log.bitcoin-assets.com/?date=21-09-2015#1281155 << an alternative explanation would go like so : a. the value of all things is predicated on lulz and drama, and nothing else. even if we discovered this point with bitcoin, it's really - like all other things we discovered "about bitcoin", a universal property of reality. ☝︎
mircea_popescu: which is why the stupid never fail and the smart never succeed.
mircea_popescu: which has a very "factorization" flavour to it.
mircea_popescu: incidentally, i suspect a lot of the mommentum for the entire "oh broken factors" comes from historical accident. it was in point of fact research into elliptic curves that yielded the fermat proof,
assbot: Logged on 22-09-2015 01:51:12; mircea_popescu: some are here to lead and some others are here to follow, it is a given like e is a given.
asciilifeform: http://log.bitcoin-assets.com/?date=22-09-2015#1281864 , http://log.bitcoin-assets.com/?date=22-09-2015#1281866 << i see in the list 'lead' and 'follow' but where is 'fail' ? ☝︎☝︎
mircea_popescu: mostly the mouth tho
asciilifeform: though wiles has a gaunt and somewhat hobo-like flavour to him, from the extant photos
asciilifeform: i certainly see the resemblance.
mircea_popescu: btw wiles looks a lot like brin the elder wouldn't you think ?
asciilifeform: at the risk of mixed metaphor, the locusts have cleared out the low-hanging fruit, yes.
mircea_popescu: so it'll prolly be resolved, if ever, by a totally unexpected and half nutty formalism
mircea_popescu: i didn't mean "i should like for someone to show me how math works". i just meant i dunno that there's even a promising direction of research into the matter.
asciilifeform: and aha yes, ties in.
asciilifeform: mircea_popescu: actually! this proof exists for rabin's pubkey algo!
assbot: The crime of being American on Trilema - A blog by Mircea Popescu. ... ( http://bit.ly/1LJyc7I )