942800+ entries in 0.653s
mircea_popescu: you setup your signing on one machine, connect another
to
the internet
mircea_popescu: Step 4. Your account is now set up, you can use it in full confidence. Yes,
this includes
the inconvenient step of
transferring GPG-encoded strings from a cold machine
to a hot machine.
mircea_popescu: one way
to get in may be
to just buy bitcoin, if you don't
think it's overvalued atm
mircea_popescu: robonerd i don't
think anyone's lookingto give away hardware atm
mircea_popescu: wouldn't be
the sole client. you've seen
the faq right ?
robonerd: well how can i get in on
the bitcoin surge? i'm an apple ios developer, i can write bitcoin related software
to help ppl in exchange for btc mining hardware
mircea_popescu: otherwise i don't
trust
them
things personally, but ymmv.
mircea_popescu: and if you choose
to be...well... nothing wrong with
that.
mircea_popescu: asciilifeform i
think mpex quite clearly showed you don't have
to be.
robonerd: i want
to buy in on a asic-based mining op. i only have $200
to invest
mircea_popescu: asciilifeform actually
there's a lot of macos surprisingly
mircea_popescu: my suits are handweaved by
teary eyed slves out of
their own hair!
tiberiusiv: mircea: have you upgraded
to
tailored suits yet
mircea_popescu: kakobrekla house. i got a garden and
there's also a 2nd floor
mircea_popescu: point being :
to attack
the internet
today you need
to contend with something 1
trn worth of large.
deadweasel: unlesss I'm
trying
to use coinbase or mtgox
deadweasel: put robots in
the mines,
teach
the miners
to program
them
deadweasel: asciilifeform: it's
true, but
that would be an improvement
mircea_popescu: and how it sucks
to be
the emperor and not be able
to have a motherfucking glass of water
mircea_popescu: they forbid him drink water. he has
this elegia about water somewhere, about how great it is
mircea_popescu: thing is much like btc,
the net doesn't have a fixed purpose.
mircea_popescu: yes well, if you define
the purpose of
the net as "exchanging research papers"
then it's
totally hydropizic.
deadweasel: asciilifeform: are you saying
the interwebz is going
to arrest and stop working?
MJR__: way more important
to design a good system
deadweasel: immediately
transferring information across
the world instantaneously? it's pretty sweet.
MJR__: but why is
the goal
to humiliate lol
mircea_popescu: there's like 1
trillion worth of equipment deployed in support of
the net atm
mircea_popescu: anyway, im really looking forward
to more peeps with business / financial / legal / whoring / etc experience joining btc
mircea_popescu: he proceeds
to just code, never check, never design for fault
tolerance, nothing
jurov: seem nice
tiled background is more important for'em.
mircea_popescu: anyway, benkay : new kid wants
to impress everyone with his cool skills. is warned about what
the failure modes are and what is expected and what
to check.
jurov: i can't resist
trolling
them... hosting company with deal customer link on frontpage, wtf?
jurov: bitvps really fits
this mold, once respected company listed on mpex, now something with customer
testimony on frontpage with dead link
tiberiusiv: mircea:
thats why basic failed and covered only 5% of
their BTC shorts
smickles: I wan't a scribe
to follow me around and record my activities in iambic pentameter
mircea_popescu: tiberiusiv
this is a point,
they're unwittingly/unintentionally short both asic and btc
mircea_popescu: i've not yet actually fired anyone at mpex. it's not quite large enough
to have a hr
to do mishiring
mircea_popescu: this discussion re hiring/firing ppl has nothing
to do with mpex, it's my larger experience
mircea_popescu: in general
the way
things work in
the western world is if you wish
to be hired by X you wil be
benkay: but
team lunch impends.
benkay: want
to
talk more about
this
tiberiusiv: 1)
they are short asic 2)
they are short BTC 3)
they are long USD
tiberiusiv: BFL is going
to fail
to deliver for 2 reasons
mircea_popescu: new kid wants
to improve X with Y supertechnology we old stuffies don't know abou
mircea_popescu: benkay in general it goes EXACTLY like
the bitcoin shit went down.
benkay: (which is actually
their problem by proxy
they just don't get it)
benkay: fire
them for making mistakes, or insisting
the mistakes are
the software's problem?
benkay: "I fire
twentysomethings of his particular school of mental retardation "
jurov: oh mp, have you seen i coined a new
term befitting
teh community? "mining scene"
mircea_popescu: that's i
think
the motivating factor : one clever idea, lots of value in it.
jurov: yes,
that's also possible.
mircea_popescu: this isn't a universal np problem
they're approaching but a well defined subset
jurov: so it will really
take some
time
till we arrive
to 160 or 256 bits
benkay: are we
talking about SAT solving?
jurov: anything beyond
that, you can only stab in
the problem and hope you'll get something close anoutgh
to minimal
jurov: up
to 20 bits - fully solvable by computer
jurov: 4 bits/variables -
trivial, 5/6 bits - solvable by hand if you have
time and patience