659400+ entries in 0.448s
mrstickball_: there was a period of
time we were pushing $5,000/day in riser sales with a 100-300% profit margin
mrstickball_: kakobrekla:
that is correct. Back in January, during
the last big GPU rush, we were
trying
to beat
the Chinese on sales
kakobrekla: on a side note, my intel
tells me altchains are suffering - noone is hashing. i would expect non asic stuff will
take
time
to sell.
the20year: How much $$ was lost last year in processing fraud and
that whole gambit? $25k?
mrstickball_: mike_c:
that was last year. We've had
those fixed for months. But CC processors are essentially criminals
that can hold your money for up
to 6 months
mrstickball_: most customers are willing
to pay a 10-15% premium if your company is willing
to do with fiat
mrstickball_: we're willing
to engage in fiat sales for crypto hardware. Most companies can't navigate
that well
mrstickball_: + we reinvest in inventory very frequently, so profits don't always show up on
the books very quickly. I have $25,000 worth of risers behind my desk
the20year: mircea_popescu: how are
those bitcoin flyers coming along?
mrstickball_: probably closer
to $75-100k after all overhead. One issue
that we had was some of our merchant processors have screwed us over
mrstickball_: mike_c: bit higher
than
that after expenses, ect
mrstickball_: kakobrekla: when we announced
that we had S3's in stock, we made $5,000 in 8 minutes
mrstickball_: no one does a good job of it.
That's why we're working on capital
to get a larger building and control a larger portion of
the market
mrstickball_: hardware sales in
the US is extremely lucrative
mircea_popescu: now all we really need is for someone
to implement
the wol pow.
gribble: You rated user mrstickball on
Thu Apr 17 18:13:39 2014, with a rating of 4, and supplied
these additional notes: runs buy-a-hash, which carries openrigs products, and have had several large financial interactions (purchases/sales).
mircea_popescu: so what's
the biz model like, buy a bulk and sell by item ?
mrstickball_: we've already grossed ~$1m USD in
the past 12mo on hardware. Unfortunately, capital is a huge bottleneck
mrstickball_: mike_c: Manufacture is down
the road significantly
the20year: he's been extremely profitable on his own sales side, and has done decently running
the farm
mike_c: this seems.. incredibly ambitious. you are going
to manufacture & sell your own miners, and run a profitable mining farm.
the20year: don't forget
the slaves he has in
the shop working for him
too
mrstickball_: working on more ASIC deployment in
the near future
mircea_popescu: twins are what, 4 ppm. so actually b-a has a statistically expected number of
twins.
benkay: <the20year> i'm pretty sure we're a chubbier version of
the winklevoss
twins, younger and not connected
to FB // shorter
too, indubitably
the20year: usually it's family
that gets confused
the20year: all
the girls we know/have known could
tell
the difference
the20year: nah , everyone assumes we have
though
the20year: i'm pretty sure we're a chubbier version of
the winklevoss
twins, younger and not connected
to FB
mike_c: well
that better not be him, you don't even
trust
that guy!
mike_c: ;;gettrust
the20year mrstickball
mike_c: hey
the20year. so your brother is HASH?
the20year: (3:25:22 PM) Cannot send
to channel
mircea_popescu: <ThickAsThieves> no matter much
trilema you read,
the wife ain't gonna listen! <<
this sounds like a cry for halp
mike_c: more
to
the point, let's discuss whether debating discussion is a good idea ;)
mircea_popescu: people have often done 180 degree about faces
talking here. and
those who can't gather on forum not here. so all's well, even if we are invested
mike_c: religious believers will never "turn out
to be wrong", so discussing is pointless
mircea_popescu: it'd be all "o, you can't
talk good accountingpractices with people who own x stock"
mike_c: more
to
the point, i am willing
to accept
that is possible
mircea_popescu: i have no particular reason
to suspect you'd go nuts just because specific points you happen
to be personally invested in
turn out
to be wrong or unsustainable.
ThickAsThieves: no matter much
trilema you read,
the wife ain't gonna listen!
mircea_popescu: not if
the people in question are scholars rather
than believers.
mike_c: not
to my point
though. which is
that discussing personally held viewpoints about religion is an exercise in head-to-wall banging.
mircea_popescu: the discussion was proceeding on
the strength of what can be
mircea_popescu: mike_c whether we hold
them or not is irrelevant in
that context.
mike_c: were
those not viewpoints
that we personally hold? not simply ideas?
mike_c: who is "we"? we are having a discussion about whether you can discuss
things
mircea_popescu: we are discussing something much broader
than
that, specifically
the limits of agency, human knowledge and so on.
mircea_popescu: mike_c we're not discussing religious viewpoints, nor are we doing
the equivalent for fuckpreferences.
mike_c: this is different from discussing religious matters
that you do not personally hold.
mike_c: go
teach danielpbarron *anything*
mircea_popescu: mike_c
this is false on its face. i'm a religious scholar.
mike_c: well, perhaps love is different. with religion, nobody will accept any learning because
they are
too invested in
their current system.
mircea_popescu: ThickAsThieves i definitely don't propose
there's a winner.
the dispute of which is more complex a
tool does not map on
the discussion of which is a better
tool.
mircea_popescu: how
the hell is
taste
to emerge, if not from
the public discussion of individual preference ?
ThickAsThieves: instead of love, generally debating matters of
taste and emotion is meh
mircea_popescu: <mike_c> i'm with
ThickAsThieves. debating love is like debating religion. nobody is going
to change
their mind. <<
the point oif
the discussion is not
to change mind.
benkay: "this conscious operator can't make good decisions, so let's create an alternative decisionmaker inaccessible
to
the operator
to whom good decisionmaking is delegated"
benkay: see also
the 12-steppers "higher power"
benkay: easier
to pray, be
told what
to do by a "master"
mike_c: i'm with
ThickAsThieves. debating love is like debating religion. nobody is going
to change
their mind.
rithm: you can add dimensions and
then you get
to
talking about chaos
rithm: but usually fractal geometry is zooming in and seeing a portion of
the orignal image
rithm: the more difficult
the function,
the more intricate
the design
rithm: it's pointing
to infinity and it's a repeating math funtion
mircea_popescu: asciilifeform
the highway robbery
the us govt is conducting as a matter of course is well documented already, yes.
rithm: that's probably one of
the easier concepts
to explain fractal geometry
assbot: Sierpinski
triangle - Wikipedia,
the free encyclopedia
rithm: i have a seirpinski
triangle
tattooed on my back!
rithm: usually implies infinite zoom and levels where
the original image is represented
benkay: the leaf and
the river delta
benkay: representing at a smaller or larger scale something else smaller or larger
than itself
benkay: <mircea_popescu> you presume
there's a way
to live your own life outside of slavery.
there actually isn't. // everything is a fractal representation of something else
benkay: <mike_c> poor analogy. i'm not looking for pointless barrier.
this is why wife needs
to be of certain quality. //
those with whom one spends ones
time in general...
benkay: you don't go straight for
the butthole w/no lube etc.