862900+ entries in 0.632s
pankkake: and
the mail
they used is… odd
mircea_popescu: "other, smaller venues which deliver actual mining units which you are invited
to consider as peripheral
to our five boxes of fans"
pankkake: got
the BFL mail
too, but I don't remember ever giving it
to
them
ThickAsThieves: "an increasing BTC price extends
the life of all mining hardware. "
mircea_popescu: As we continue
to ship more product,
the majority of
the hashrate on
the network is provided by Butterfly Labs equipment. <<< lol.
ThickAsThieves: "The counter argument is
that
the Monarch is still in development and won't start shipping until December.
The 65nm products shipping now have a good ROI as of
this writing. Market conditions are changing of course, but an increasing BTC price extends
the life of all mining hardware.
There is great value in
taking delivery of your 65nm now."
ThickAsThieves: This is a question of mining strategy and is a personal decision. As a hardware manufacturer, BFL only guarantees
the performance of our products, not
the market conditions of
their use.
This makes it hard
to give advice on mining strategy."
ThickAsThieves: As we continue
to ship more product,
the majority of
the hashrate on
the network is provided by Butterfly Labs equipment.
There are other, smaller ASIC bitcoin mining device manufacturers entering
the market with products as well, but
the difficulty will continue
to rise in proportion
to
the shipping of our 65nm miners."
mircea_popescu: kakobrekla im pretty sure
that if anon says "scammer" many
times
things happen.
pankkake: there is a printable bitcoin
tip service
jurov: pankkake: reptilia
tried
to invent redeemable vouchers for
this
kakobrekla: i
think commenting counts as using
the service.
kakobrekla: >Congratulations BitBet on allowing and actively promoting yet another scam bet.
Those of you who actually use
this betting service run by scammers need your head
testing.
ozbot: BitBet - Labcoins own 130nm design sample chips will be received by
testers by 12TH SEPT 2013
jurov: and RFCs are amended,
too.
jurov: yes,
they
try. bitsofproof, libbitcoin, ...
Neil: Closest I've seen
to a spec is
the wiki, and
that's full of holes and exceedingly vague in places
pankkake: well
they could standardize some stuff I guess
pankkake: are
there any other implementations running?
jurov: we are just going
to
throw everything out and build Bitcoin 1.0 . riiiight.
pankkake: there are still many
things
that could change, why write a standard?
pankkake: sure, ideally. but I
think it's
too soon
jurov: maybe devs
think so, but
that doesn't make it
true
Neil: Good, I bet against
too
pankkake: which isn't
that wrong. some standards are defined by one piece of source code
too
pankkake: was
that a project? I
thought
the bitcoin standard was "bitcoind" for
the devs
ozbot: BitBet - Bitcoin Standardized Protocol Approved
this Summer
fractal: well...
thats it for me... gotta run
fractal: "If I would have
taken
that same $1500 I spent at
that
time and just bought bitcoins I would have gotten 214 btc, or in $27500 at current prices, FML"
fractal: but i've been saying
that
this is
the right way
to do mining calcs for a while -- just
too lazy
to have done it myself ;)
mircea_popescu: fractal i'd link you
to
the article if i actually had a motherfducking blog ;/
fractal: mircea_popescu: so, losing money
to be 'cool'? makes sense
ThickAsThieves: bonds are probly
the closest
thing
to a miner hedge around
tho
jborkl: That crashes
the webkit for mac users
mircea_popescu: fractal it's because
they want
to be part of
the
thing.
fractal: they seem
to
think
that spending USD
to buy a machine
that makes BTC is OK even if it you have less BTC
then you'd get if you just bought
the BTC itself
mircea_popescu: so basically you make over infinity
time about 4x what you make in
the first month.
jborkl: Mircea_Popescu - did you see
that bug
that basically boots mac users off IRC?
ThickAsThieves: while i agree, consider what
they mightve done with
the coins in
their pocket instead...
fractal: i'm glad
they also show you
the BTC buy and hold -- most people say stupid
things like 'well, if i dont get my entire BTC back, i'll still be up if
the exchange rate rises!'
jborkl: I did not say which side
the heat sinks sits on- just
that was
the mount hole for it
fractal: ignores dates and works on diff jumps , which is all
that matters
ThickAsThieves: "never ROI" has been a
thing since before it was a
thing
fractal: i sat
through flame wars
telling n00bs
their batch 3 would never ROI
ThickAsThieves: and
then people just kept
throwing
thousands and
thousands of coins at
them for chips
fractal: they delivered sucessfully on batch 1 on ROI
terms... i guess people
took a chance.... batch 3 was a red flag on price from
the get-go
though
mircea_popescu: i must agree, steamboat is handling
tyhings pretty well considering.
fractal: oh,
the 'no bullshit' disclaimer?
ThickAsThieves: that disclaimer pretty much
told you you were gonna get fucked
fractal: ThickAsThieves: batch 2 ROI in BTC
terms... batch 3 did not
fractal: uhh im pretty sure
the heatsink goes on
the back -- just like aalon units
jborkl: heat sink mounts in
the middle
fractal: well, you can screw whatever you want
to/against it
mircea_popescu: what
the fuck is
this paranoia. what are
they anchoring it against, hurricane force winds ?
fractal: its just
terrible customer service
fractal: jurov: I had a friend who was close
to ordering 10K chips from avalon -- i convinced him not
to due
to uncertainty, and
that
their batch1 and batch2 were late
mircea_popescu: fractal i
think it happened once or
twice,
there was some bet about some sporting event or pageant or w/e
that got cancelled.
mircea_popescu: suppose people want refunds enough for a batch and a half. what
then ?
they refund one bach onl;y, as
the 2nd isn't whole.
fractal: "Bets can indeed be cancelled, but only if BitBet judges
that material changes make
the bet meaningless. "
mircea_popescu: fractal nope.
the idea is
that if
the wording is
too vague people don't bet.
jurov: fractal,
there were some returs, hard
to say if due
to wording
fractal: mircea_popescu: has
there ever been a case
there
the wording is
too vague
to decide and
the coins were returned back
to
their owners?
ozbot: Pulled Article from
TGB: $5M Seizures Provide Insight
To Mt.Gox Liquidity : Bitcoin
ozbot: Satoshi Square:
the BTC Wall St. | Lets
Talk Bitcoin
fractal: mircea_popescu: how do
the deciders decide ;)... do
they read
the discussion on
the page?
mircea_popescu: the resolution
time is when
the bet is actually resolved.
jurov: fractal:
there's some grace periods, hours
to days
fractal: mircea_popescu: are you
the sole decider for bitbet resolutions?
jurov: there's some disease
that causes ppl
to
turn into aggregator bots?
fractal: or sometime between
the bet closing and resolution date/time
fractal: Are bitbet rulings made right after
the resolution cut-off?
Duffer1: TaT I
think you would like a website called Fark.com :P
ThickAsThieves: "The NFL has agreed
to spend close
to $800 million
to diagnose and compensate potentially
thousands of retired players who develop dementia and other brain disorders
they blame on
the violent, bone-crunching collisions
that pro football has long celebrated in its highlight reels."
ozbot: NFL
to pay $765M
to settle concussion lawsuits
ThickAsThieves: "The Justice Department will not attempt
to challenge state laws
that allow for
the medical and recreational use of marijuana as long as
the drug sales do not conflict with eight new federal enforcement priorities."
ThickAsThieves: "Kickstarter: Hi Sam,Thanks for writing in, and congratulations on
the success of your project! If you'd like
to know more about backers who have found your project, you can always
take a look at
their profile
to get a better feel for
them. "
ThickAsThieves: "Dear Kickstarter, .... A good number of our backer profiles have no previous Kickstarter history.
These profiles joined in July/August 2013, and have profile pictures of famous celebrities instead of real people. I previously reached out
to Amazon Payments for clarification and
they suggested I get in
touch with you."
ozbot: Kickstarter responds
to
the strange case of Ouya's Free
the Games program | Polygon
ThickAsThieves: "THE CHLORINE WON'T KILL
THEM,
THE BLEACH WON'T KILL
THEM."