746500+ entries in 0.481s
dexX7: 1 btc+ due
to
the hype
mircea_popescu: obviously difficulty is still popping up, add in delivery and lead-in
times and you're looking at a very
tenuous bottom line
mircea_popescu: from which you have
to repay 6
to 12.8 dollars for
the chip + all other setup and fixed costs and make a profit.
dexX7: yea well,
the math is biased and doesn't factor in any expenses
mircea_popescu: if
they average 3% over
the next 6 years
then
they made
the 18% in question as it were
dexX7: about
the chips: "Rated Hashrate: 12.8GHash/s per chip" + "Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage" + "0.49$/G-0.99$/G, depending on order size and delivery speed of choice."
mircea_popescu: VanCleef
the 18% is of
the
total hashes hashed by
the network over your arbitrary interval
dexX7: over one year
there can be 1314000 btc mined
dexX7: okay..
there are 400k am shares, so
to make 0.6 btc per share you'd need 240000 btc in
total
mircea_popescu: dexX7 mind commenting
that calc sowe can follow at home ?
VanCleef: they wont achieve
that because i dont
think
they are even mining, just selling chips
VanCleef: and am is hardly mining anymore
they will just be selling chips
VanCleef: will
take you 6 years
to make back roi
dexX7: nothing -
that's
the point
dexX7: "The first wafers were out in March 22th.
The engineering batch of packaged chips will be out in March 28th. After
that we can immediately start
testing on functionality and power consumption."
jurov: and some other probs
the owner did not explain deeper
jurov: were very slow
to fix,
too
jurov: then
there was a bug where it would eat your money without giving btc
jurov: he wants
the machine
to sell euros immediately on
the exchange,
they are unable
to deliver
that feature
jurov: and
they are out of order often
jurov: but
the owner is complaining since
benkay: have lamassu shipped any of
their ATMs?
benkay: ;;later
tell mircea_popescu ^^
benkay: <phantomcircuit> but
that sounded like actual work so i didn't do it
benkay: <phantomcircuit>
the better solution is
to create a new "key"
type
that stores
benkay: disregard everything after
the first pp
ozbot: Charlie King Coaching » “How’s
the water, boys?”
benkay: how's
the water, VanCleef?
VanCleef: why are people buying asicminer? may as well keep sending coins
to gox
benkay: ah nm,
that's basically as good as it gets.
benkay: man my kill ring is bolloxed
tonight
benkay: something better
than
this, plz: and
telling customers
to get fucked.
benkay: does anyone have a link
to
the Kraken "oops we dropped 600 BTC on
the flor"?
VanCleef: is 10
thousand billion
the same as 10
trillion dollars?
chetty: MisterE, cool more
than half worked ...maybe
MisterE: "A recent study by
the Standish Group, a firm in Boston
that researches failures, found
that only 5 percent of large federal IT projects in
the last decade fully succeeded. Of
the rest, 41 percent were failures, canceled before
they were
turned on."
benkay: well
that's enough research for
the night.
gribble: vexual was last seen in #bitcoin-assets 3 weeks, 4 days, 6 hours, 6 minutes, and 30 seconds ago: <Vexual> lasers in
the eye is never good
tat
benkay: pay-to-pubkey-hash might still let
the
benkay: although, nubbins`, you might be able
to force
the issue with pay-to-pubkey-hash
benkay: addresses encode
the network.
nubbins`: you're saying, for example, someone creates an ATC
tx and accidentally executes it on
the BTC network instead?
benkay: might end up accidentally opening
that address on other chains up
to
transferring its contents
to
the address corresponding
to your
target addr on
the other chain
benkay: 'cause i don't know if
there's anything chain-specific
to
transactions
benkay: i haven't had
time
to investigate
this in depth, but don't use
the same keys for different altcoins.
benkay: hey here's a weird
thought
benkay: ;;later
tell mircea_popescu
the army only ever answered
to nell btw
benkay: ;;later
tell AusBitBank didja know your nick's being squatted? see WoT.
chetty: methinks its
time, people don't like
to make bets so far off
nubbins`: not much
traction, maybe i was
too stingy with
the
terms
KRS-One: Marginal porn at
that. Ie: Playboy.
KRS-One: Only
thing free otherwise is
benkay: access
to
the murderous purplesquirt, i
think
KRS-One: Maybe such a position gets a complementary (gratis, free)
Trilema credits or membership?
nubbins`: got a CIS kit on
the way for it
too
benkay: nice! capture more of
that value stream.
nubbins`: we occasionally get requests for color digital prints, and it's a pain having
to outsource it
benkay: whatcha doing with
the new printer, nubbins` ?
nubbins`: dan deacon is pretty good, have a listen
to "bromst"
benkay: somehow soundcloud
thinks i'll like
this
TestingUnoDosTre: I really enjoy horns and reggae music
though, but
that's just me
TestingUnoDosTre: the movie is something like "I believe I can fly (Flight of
the Frenchies)". It's only like 75 minutes and it's about high linining (aka
tight rope walking)
Mats_cd03: (i'm sorry if nobody else knows what i'm
talking about)
Mats_cd03: an almost inaudible, "hello, internets!" sounded off in
the back of my mind
Mats_cd03: the mdma cooked your brain after
the opener huh
nubbins`: TBH
the only performance i really remember from
the whole festival is dan deacon
nubbins`: yeah, i saw him
too but i can't remember anything about it
Mats_cd03: for some reason your music
taste irritates my ear
nubbins`: all i remember is
that
the backdrop was cool and she kept
talking about
this guy "miike snow"
benkay: whoever sends
them
to keys under
their exclusive control first.
TestingUnoDosTre: alright but if I go make a cold wallet on a flash drive, sell
the flash drive
to my brother, and
tell him
that he can't use
the coins for 2 years, who owns
them?
benkay: you might have bought
them, but you don't own
them until
they show up in your wallet.
TestingUnoDosTre: for instance, if I go an wire 100$
to mark karp, and I
trick myself into
thinking I purchased some BTC, I don't really own any
benkay: if you stray from
that you'll get burned in some way.
Mats_cd03: the story of every swinging dick in
the universe
benkay: TestingUnoDosTre: does
the "coins you own, coins you don't"
thing make sense?
ozbot: Lykke Li - No Rest For
The Wicked (Official Audio) - YouTube
nubbins`: just keep
telling yourself it's not man-made climate change and you'll be okay
benkay: normally it's just rain from December
to July 4th straight
through
benkay: we're having
this crazy balmy spring down south
nubbins`: "sheilagh's brush" is what old folks call
this, shit weather in late march
benkay: nubbins`: is
that
typical for
this
time of year?!
nubbins`: glad i didn't burn off
the kerosene heater yet :D
benkay: look
TestingUnoDosTre
there are coins you own and coins you don't own.