806900+ entries in 0.56s
pankkake: I hope it didn't annoy
the neighbors
too long…
kakobrekla: im getting paranoid my office is going
to end up in fire for some reason
pankkake: took me some
time
to actually understand
that was
the detector
pankkake: oh,
that is interesting. I came home and
the detector was beeping
kakobrekla: are
there any smart smoke detectors avail?
kakobrekla: b0n1 :
trilema.com/2013/the-conference-second-edition/
kakobrekla: i dont
think
theres one correct link
there
b0n1: hey guys! I remember
there will be a bitcoin conference in romania beginning for 2014, right?
the20year: just working on
this rentalstarter biz plan
the20year: My goal
there is
to keep showing new revisions, asking for feedback on
things people want answered, and add it
to
the next one
the20year: Anyone want
to
take a look at
this next revision of
the RentalStarter biz plan?
assbot: [HAVELOCK] [KCIM] [PAID] 2.17250000 BTC
to 86`900 shares, 2500 satoshi per share
mircea_popescu: apparently my mistake was
thinking
the mobsters can spell.
ozbot: More about Caesar cyphers pe
Trilema - Un blog de Mircea Popescu.
gribble: Next difficulty estimate | 1757489193.24 based on data since last change | 2051188187.74 based on data for last
three days
mircea_popescu: given
the nature of hashing
these can only be extrapolated into a hash estimate, which may vary arbitrarily much from
the real value
Neil: Though he doesn't mention
the 2015 block peculiarity
Neil: The facts are right I
think;
the code sucks.
mircea_popescu: Neil afaik
that site/article is 1-2 years out of date
throughout
mircea_popescu: decimation
the argument could be brought
that all loss of a bitcoin wallet is intentional.
Neil: There's a much faster way
that uses no logs or bignums...
Neil: "Here's a fast way
to calculate bitcoin difficulty" folllowed by lots of spaghetti from Amir.
decimation: and
there are not any actuarial
tables
KRS1: i bet
the said wallet has
to be hosted on
their platform or something
decimation: Indeed,
the risks are obviously much greater for a btc wallet
KRS1: its easier
to lose or flush down
the
toilet..wondering how peercover will do
this
Neil: The difficulty is known at
the block prior
to
the block with
the new difficulty (it's a 2015 block window). So
theoretically bets in
the period of
the 2016th block should be refunded.
mircea_popescu: prolly
the sort of
thing i deserve for my hybric nature.
mircea_popescu: maybe some dork manages
to send a donation bet for whatever, 5k btc
mircea_popescu: srsly, if
there's a sudden gulp and it looks like no have
the upper hand...
Neil: If it veers
to no, I hate
to
think how big
the bets become
Neil: I give it 60% chance of getting
to 1690.
The leeches will come in in about 1 week (on either side) when
the outcome will be clear, even
to scrape a 2%
mircea_popescu: decimation yes, but not against "i accidentally flushed it down
the
toilet" scenarios
KRS1: maybe
thats why
the U.K. offering is hosted on AWS
Neil: Ooh,
that'd be
tough
decimation: one can purchase jewelry insurance in
the US
KRS1: there is a new offering from
the U.K. for
that
Neil: Wouldn't be surprised
to see 2bn difficulty bet could get
to 1500
total. Would
that be a record?
KRS1: is it even possible
to provide wallet insurance and successfully make a profit?
mircea_popescu: yes well just because we found a black swan is no reason
to go looking for black lions.
Neil: But
then I'd have said
that about bitcoin back in 2009
mircea_popescu: or a dumbass and his website, or a website and its dumbass or however
this works.
Duffer1: i don't see how it will be used for anything other
than scamming
mircea_popescu: KRS1 "yet another
tranny
thinking he's a woman / guy with dreamweaver
thinking he's a coder / guy with a student loan
thinking he's a financier making some dumbass social platform
tht won't go anywhere and he won't stop
talking about"
KRS1: what do you guys
think of
that?
Neil: July looking like
the outlier
Neil: 5.6bn is quite high; could easily miss on
the downside
there
pankkake: gpus can be put in microwaves and
they're as new!
mircea_popescu: pankkake all miners eventually explode. even
the radeon ones,
pankkake: knc delivers but from what I understand
the miners eventually explode
mircea_popescu: ThickAsThieves in a functioning economy he gets it just in
time
to mine 10.98x btc off it
decimation: yeah,
that's
the dubious part,
they claim 3
TH/s, but
the difficulty in 6 months ...
mircea_popescu: i'm looking forward
to
the "bitbet should close all
the bets and send all
the bitcoins
to me plzkthx"
Neil: ThickAsThieves: Was
that your comment about closing
the bet now? hehe
decimation: yes. I ordered a "2nd batch" neptune for ~11 btc and I was wondering about
the probability it would actually arrive and work would be
decimation: hi. I'm a noob
to
the channel, but I note
the conversation shifted
to mining - and I was wondering if anyone had experience with kncminer stuff?
ThickAsThieves: its okay for
the miner
to see what
they solcve and get paid bonuses
Neil: Apocalyptic: Miners don't know when
they got
the one
that solved it? I'm sure
they do.
mircea_popescu: and all
the public has
to go on is
the very dubious blockchaininfo ip identification
ThickAsThieves: the goal isnt
to hide earnings, its
to hide who made
them from
the public
Neil: But
then what would
they be paying miners with? A miner would notice he got a block and
the pool didn't claim it, at some point.
mircea_popescu: they can
trivially separate broadcasting, what's
to keep
them
mircea_popescu: no but
they just broadcast
the block off a new ip each
time
Neil: All GHash.io blocks are stamped
that way.
Neil: mircea_popescu:
Then
the pool payouts wouldn't match contributed hashrate.
Neil: ThickAsThieves: ghash.io is part itself (cex?) and part individual miners.
They could move
their own hashing
to appear anon. Can't do
that with external miners
to
the pool I
think.
mircea_popescu: another way of saying "concern
trolling on a planetary scale"
mircea_popescu: no but see,
that's
the electoral system. people with no skin in
the game vote on how
the game should be run
mircea_popescu: because i
think
their opinion is not worth
the shit it's carved in.
Neil: Ah yeah I know
that one.
Neil: mircea_popescu: You're on reddit? Dunno
the history
there.
mircea_popescu: basically bitcoin rewards exactly
the opposite behaviour
that us elections reward.
mircea_popescu: Neil
take bitbet. part of its success has
to do with me pissing all over
the reddit crowd and its sensibilities.
Neil: ThickAsThieves:
That
thought occurred
to me
too.