log☇︎
854800+ entries in 0.567s
gribble: Next difficulty estimate | 137665065.743 based on data since last change | 137132891.907 based on data for last three days
dexX7: uh nevermind, it's not even the case right now
dexX7: though this is only speculation
dexX7: when you see asks doubling up, you know it's time!
Duffer1: hahahah oh is it dump time again?
reeses: I rub it out to naked men when I'm drunk, but I don't play games, smoke, or do dope
mircea_popescu: i read it in some mag, it must be true.
mircea_popescu: "top lies men will tell to your face : 1. I don't play games ; 2. I don't jack off ; 3. I don't drink, smoke or do dope ; 4. I'm not gay"
reeses: I can beat him at normal chess because I have the memory
reeses: well, that same kid and I play chess
reeses: games == get compilers to stop telling me my code is bad
reeses: I do play letterpress on the phone when bored
mircea_popescu: you gotta learn to be a manager :D
reeses: and I'm thinking,"I hate this kid"
reeses: turns out he thought the arduino itself was boring and used the components
reeses: I bought him one of the big arduino kits for his bday in July
reeses: but if some idjit, who is obviously not one of us ;>, were to try to string a skinny wire from china to paris, and run DC over it, they would not have a great success for the people
reeses: learn to touch type
mircea_popescu: so in the end, same thing.
mircea_popescu: if one generator at one end has overcapacity and the one at other end undercapacity
reeses: then the generation at that point is instead exported from that market
reeses: it just happens that electricity is fungible
gribble: Rectenna - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Rectenna>; Rectenna Converts Radio Waves To Electricity #DigInfo - YouTube: <http://www.youtube.com/watch?v=8dXUWytchhk>; Infrared rectennas | CoolCAD Electronics: <http://coolcadelectronics.com/portfolio-item/infrared-rectennas/>
gribble: (google <search> [--{filter,language} <value>]) -- Searches google.com for the given string. As many results as can fit are included. --language accepts a language abbreviation; --filter accepts a filtering level ('active', 'moderate', 'off').
dexX7: i only saw it one time with like.. 30 btc blown in the wind
mircea_popescu: you wonder who'd take such.
dexX7: there a lot of options out there with a shifted digit
mircea_popescu: but that's really besides the point. mooching isnt a business plan.
dexX7: [LABCOIN] 12 @ 0.0031 = 0.0372 BTC [+] << that poor guy..
dexX7: yeah well, i guess that's the prejudice/false impression i have there
mircea_popescu: in fact commercial power costs by and large the same all over the world.
mircea_popescu: if that were true the chinese govt would just export all the electricity and increase the production, exponentially, until balance were met.
mircea_popescu: dexX7 it's a false idea that chinese dc has no power cost.
mircea_popescu: power up the board for a time, see how much of it burns
mircea_popescu: which is the rationale of the entire "burn-in" thing
mircea_popescu: MilkyLep it'd depend tho. see the thing is, unreliable chips are unknowns.
dexX7: yup, but that's not all also. it's obviously a huge difference if you deploy your rigs in.. say a chinese datacentre with almost no power cost instead of running a miner somewhere in europa in your living room
MilkyLep: At what point is it in the developers best interest to "skip" the chip due to failure? And what does it mean for the consumer?
mircea_popescu: so your gen II process is in theory 3x as efficient in power as gen I, but if you get 99% reliability on gen I and 35% on gen II well... gen I is still more bang per watt.
dexX7: i wish i would know more about this stuff
mircea_popescu: now, it's much more likely to have blown cores in tight process.
mircea_popescu: which means it uses 7 times as much power as it actually needs.
mircea_popescu: here's a set of fun facts : in a 16 core chip which has 14 blown cores it is likely the blown cores are powered anyway.
Duffer1: and on time shipping.. hehe
mircea_popescu: power efficiency (ie, consumption per cycle) correlates strongly with the process size,
dexX7: probably the most important one
MilkyLep: I hope the design quality outshines the picture quality they like to post
Duffer1: which factor is more related to power consumption?
mircea_popescu: the quality of the design is probably a degree of magnitude more important for performance
dexX7: i just wanted to say: there are more factors to consider instead of only the transistor size
mircea_popescu: what is this, obamanomics ?
dexX7: depends. i think there is a wide range between "not profitable" and "profitable", especially you can't pin this down to transistor size
MilkyLep: But everyone knew that before IPO
Duffer1: i'm not concerned about that one
Duffer1: 130 wouldn't be competitive by the time they could get them out the door, probably not even competitive already
MilkyLep: I'm more concerned about LC jumping the "selling 130nm miners" ship to we are now focusing on 55/65 they stated
MilkyLep: Interesting, nothing solid, and hardly provable I imagine. Some coincidences are too timely to ignore - of course we are referring to luck in the grand scheme of bitcoin mining
Duffer1: i wonder what kind of trollnouncement they're going to make the next time they want to pick up more cheap LC shares
dexX7: *want to do
dexX7: you would actually to do this, if attempt to double spend
mircea_popescu: but that doesn't make it impossible.
mircea_popescu: it is risky to withhold blocks
dexX7: i don't think so. if you delay the broadcast, you run into the risk that another miner publishes the next block
MilkyLep: Could they have found the block, and there been a delay in broadcasting the block/reward on the blockchain?
dexX7: it would be a somewhat stronger soft-argument, if the last found block was found only a few minutes before their announcement, but that's not the case
dexX7: blockchain uses utc as time, does anyone know?
Duffer1: a mining address that can prove at least 1.5th will have the stock price back to 4 in no time
MilkyLep: If I had bought some before bed last night Id be happier today tho
Duffer1: that's the thing though, which swing will leave the price permanently higher, or permanently lower
MilkyLep: I dont expect this pump to end well
MilkyLep: I would make your btc then step back for a day
dexX7: yes, i think so too
mircea_popescu: no, they're there.
dexX7: due to the volume and constant high volatility it's a dream to trade, but the recent sell-off made me almost crazy, not because i lost (i didn't), but i fear i start to see things, that aren't not necessarily there (i.e. "it's coordinated manipulation") etc. and this makes it way more unpredictable, at least for me
Duffer1: it won't prove what they have mining, just that they are :P
Duffer1: it'll prove they have something that's mining
MilkyLep: What good is a mining address? You cant point bare chips and boards to an address :p
dexX7: no-news-update but "we will publish the mining address on wed"
MilkyLep: Whats the reason as of now? Just woke up a bit ago
dexX7: where is my cookie for calling the reversal? ;)
dexX7: woah yep. first time since 90 years..
dexX7: haha that must be odd for most, i guess that's one of the first times?
dexX7: to teh moon!
kakobrekla: >well the value is not what is operating now, but what will be operating soon.™
jurov: kakobrekla: did you forward this to nejc? http://bitbet.us/bet/531/bitstampusd-transaction-volume-to-be-mtgoxusd-before/
kakobrekla: ill eat a hat if this comes out true
kakobrekla: the direction the odds are going
assbot: [HAVELOCK] [XBOND] [PAID] 1.00978800 BTC to 2`019`576 shares, 50 satoshi per share
jurov: seems it's the same thing that sell here as Goral Master for 10 euro/bottle
mircea_popescu: well ok then.
pankkake: I don't know, I might try to do better
pankkake: I struggle with some words and then there's the bad audio quality
mircea_popescu: comment on the post tho
pankkake: mircea_popescu: http://headfucking.net/tmp/p2.ogg my best take. pretty horrible :/
pankkake: we don't have the red ring of death though
mircea_popescu: anyway, the moral here is twofold. part 1 : microsoft xbox went nowhere in spite of being pushed by microsoft marketeers. originally it was going to do 200mn polycount. then 300mn. then 125. then it demoed 60.
mircea_popescu: i mean pre dreamcast, they did that saturn lol
mircea_popescu: reeses i am still surprised they didn't die the fuck out.
bobbabad: they failed to adapt
reeses: so did a lot of companies (SGI, etc.) but they still got hosed