EorayMel posted:So it can tap into the INTERNET OF THINGS so it can allow strangers access to your living space to do their laundry at random hours so your washing machine can pay off the debt it got into from the toaster's ponzi, you see. There are smart toasters now? Lol We blew up a "smart kettle" not that long ago. It's admin interface was exposed to the web with default creds, allowing you in that interface to keep turning it on.. eventually the heating element exploded. Did a lol at that.
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Apr 25, 2021 21:28
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CyberPingu posted:There are smart toasters now? Lol every day one step closer to this 
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Apr 25, 2021 21:34
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Boxturret posted:every day one step closer to this sickos can do all that??? 
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Apr 25, 2021 21:40
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i don't think i ever actually read the text before and now i'm wondering which 2 digits of the russian nuclear launch codes were too hard to guess was it 5 and 8
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Apr 25, 2021 23:55
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it's happening.gif again https://twitter.com/acpandy/status/1386436059307909120?s=20
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Apr 25, 2021 23:58
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if only a brave and heroic bearwhale would come and save us from number going down
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Apr 26, 2021 00:07
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buttcoin lol
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Apr 26, 2021 00:43
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Boxturret posted:if only a brave and heroic bearwhale would come and save us from number going down those are bearwhales; you must be thinking of the mythical bullwhale or the great and all knowing satoshi, may his teeth ever grow longer
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Apr 26, 2021 00:45
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Sagebrush posted:anything
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Apr 26, 2021 01:31
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ugh we hired a new IT guy and in his intro he put he was a "Crypto Swing Trader & Yield Farmer" at least he works at a different location. why yes he did work a crypto startup prior to us hiring him why do you ask?
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Apr 26, 2021 01:44
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Feisty-Cadaver posted:ugh we hired a new IT guy and in his intro he put he was a "Crypto Swing Trader & Yield Farmer" Dustbowl
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Apr 26, 2021 01:50
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Munin posted:Yeah, but then you might think of the value evaporating from the black hole of your idea. Ahem…”virtual” value. 
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Apr 26, 2021 03:14
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Boxturret posted:every day one step closer to this I saw people/law enforcement wirelessly take over a car’s computer’s WiFi router and slow it down to stationary on YouTube. I didn’t get upset. Some idiot already endangering other persons by causing a chase is a perfect use-case! The scary thought is kids stop throwing concrete blocks off bridges into traffic and start both speeding up and simultaneously burning out brakes and steering on big rigs. If only they had to post about their fun on an easily searchable yet public database. Holy poo poo I think I just found the first RL usage for a blockchain!
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Apr 26, 2021 03:25
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the number of tethers printed has just hit 50 billion 
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Apr 26, 2021 12:38
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Boxturret posted:every day one step closer to this https://www.nytimes.com/2021/04/11/world/middleeast/iran-nuclear-natanz.html
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Apr 26, 2021 12:44
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Hammerite posted:the number of tethers printed has just hit 50 billion theyre fully backed by 50b usd too right?
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Apr 26, 2021 13:19
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DerekSmartymans posted:Holy poo poo I think I just found the first RL usage for a blockchain!
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Apr 26, 2021 13:29
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fart simpson posted:theyre fully backed by 50b usd too right? i think they backpedalled on it and said they were actually 75% backed or something. so they totally have 37.5b USD its fine but also pretty sure they later backpedalled again and said they were backed partly by usd and partly by crypto. so in other words they low key admitted they are largely backed by the same bitscoin they are working hard to keep at an inflated price. the crypto world ignored this completely of course
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Apr 26, 2021 13:30
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Hammerite posted:i think they backpedalled on it and said they were actually 75% backed or something. so they totally have 37.5b USD its fine lol
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Apr 26, 2021 13:32
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yes backed by crypto (as valued by internal valuation) and accounts receivable and loans from 3rd parties as well as affiliates. lmao
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Apr 26, 2021 13:32
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https://twitter.com/endocrimes/status/1386081412638466057
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Apr 26, 2021 13:52
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i don’t know poo poo about this chia thing, but will big platter drives even be useful for this? would you need to read all the space you’ve allocated to find out if you’re the lottery winner each block? so like your 18tb drive will take literally entire day to read into memory.
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Apr 26, 2021 14:20
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Eeyo posted:i don’t know poo poo about this chia thing, but will big platter drives even be useful for this? would you need to read all the space you’ve allocated to find out if you’re the lottery winner each block? so like your 18tb drive will take literally entire day to read into memory. look, it's not complicated. chia told them which number needed to be big, so they got the biggest they could find
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Apr 26, 2021 14:41
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fart simpson posted:theyre fully backed by 50b usd too right? Sure, just like Musk is.
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Apr 26, 2021 14:51
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so actually answer me something, people who might have more macroeconomics knowledge than I do. Given the open tap on tether, isn't what were seeing in the bitcoin price at least partially a type of hyperinflation? Because they keep printing more and more tether, which notionally is backed in a one-to-one ratio with US dollars, and use it to buy bitcoin, thereby effectively increasing the supply of tether while decreasing the supply of bitcoin in a feedback loop akin to the Weimar Republic printing papiermarks to pay off debt. So is it just a fiction that bitcoin's are worth 52,000 right now because they're really worth 52,000 tether which themselves most likely cannot be redeemed for their US dollar value? And the reason is hyperinflation is only affecting bitcoin is because, what else can you buy with tether? It's the only commodity denominated in tether, hence it's the only commodity that the prices is rising in. Because I find it hard to believe that the amount of money that seems to be entering or exiting the market in any one day could possibly be occurring given the issues people had with banks and the like.
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Apr 26, 2021 15:21
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BTC is "worth" 52k if you can find someone who will let you trade it for $52k in a real bank account which you can use the money in. I think the answer to that right now is almost yes, with a lot of paperwork attached. Are the tether people really printing tether and then buying bitcoin, and claiming tether is fully backed by USD + BTC reserves? that sounds really dumb, considering they are pegged to USD.
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Apr 26, 2021 15:26
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pointsofdata posted:BTC is "worth" 52k if you can find someone who will let you trade it for $52k in a real bank account which you can use the money in. I think the answer to that right now is almost yes, with a lot of paperwork attached. I don't think you'll find many people here arguing that tether are geniuses playing 4d chess. they dug themselves a hole, and the only way "out" is to keep digging
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Apr 26, 2021 15:33
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pointsofdata posted:Are the tether people really printing tether and then buying bitcoin, and claiming tether is fully backed by USD + BTC reserves? that sounds really dumb, considering they are pegged to USD. i don't know, that sounds too stupid, they must be explaining it wrong
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Apr 26, 2021 15:34
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pointsofdata posted:BTC is "worth" 52k if you can find someone who will let you trade it for $52k in a real bank account which you can use the money in. I think the answer to that right now is almost yes, with a lot of paperwork attached. if you print $100 mil tether, then sell it for bitcoin, $100 mil tether exists and you have $100 mil in bitcoin backing it there's absolutely nothing that could go wrong
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Apr 26, 2021 15:37
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remember when that one bitcoiner years ago had that idea that if everyone just agreed that bitcoin was worth a million dollars each it would be worth a million dollars each? it's that but with a few extra steps
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Apr 26, 2021 15:39
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Cryptominers continue their quest to exploit every possible resource in the world: https://layerci.com/blog/crypto-miners-are-killing-free-ci/
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Apr 26, 2021 15:45
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From now on CI only supports programs proven to terminate
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Apr 26, 2021 15:46
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Eeyo posted:i don’t know poo poo about this chia thing, but will big platter drives even be useful for this? would you need to read all the space you’ve allocated to find out if you’re the lottery winner each block? so like your 18tb drive will take literally entire day to read into memory. i haven't read anything and odn't care to start now, but i assume you just have a small and rapidly searchable index of big numbers, and then the actual ginormous blobs of math data that you go to answer whatevre question it's probably somehow stupider than what i pulled out of my rear end just now
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Apr 26, 2021 16:16
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yeah that sounds right according to this. Looks like it filters out most of the plots, only 1 out of every 512 plots is eligible, and then diving deeper into the noise when there's an initial match https://github.com/Chia-Network/chia-blockchain/wiki/FAQ#what-is-the-plot-filter-and-why-didnt-my-plot-pass-it
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Apr 26, 2021 16:33
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not surprising that buttcoiners are buying up all the hard disks for farming chia. it got posted about in the grey thread and i went looking for ~the whitepaper~ and the authors seemed convinced (based on a skim read) that it would only be worth using spare storage that you happen to have lying around, and that no-one would buy storage specifically for the purpose. which I thought at the time was giving the kinds of people who are into cryptocurrency far too much credit.
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Apr 26, 2021 16:52
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if crypto has to exist, maybe it's better than running GPUs at full tilt, but then again it shouldn't exist at all also the idealism of "you can run it on your phone" is very cute, as if using 100gb on your phone (1 plot) against a network of close to an exabyte would ever make sense
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Apr 26, 2021 17:03
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ok yeah i guess a slower disk isn't too much of a problem, they've got a build a storage rig guide on their wiki as well https://github.com/Chia-Network/chia-blockchain/wiki/Reference-Farming-Hardware, they just put 16 USB hard drives into a 16x USB hub, so clearly you don't need to read all that much stuff.
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Apr 26, 2021 17:14
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thing that definitely doesn't use a lot of electricity: rotational hard drive seeks
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Apr 26, 2021 17:20
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njsykora posted:honestly I didn't expect us to be hitting the "nfts are being put in oscars goodie bags and also exploiting the memory of a dead guy" point this quick and it's stolen assets https://twitter.com/matt2dee/status/1386485451578609664?s=21
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Apr 26, 2021 17:30
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that statistic from a few weeks ago that bitcoin uses more power than the entire world's installed solar energy systems produce finally switched me from "vague disdain" for cryptocurrency and its moron supporters to "active hate." this stupid loving dunning-krugerrand internet funbux poo poo has completely eradicated a massive step we've made away from fossil fuels. i used to just roll my eyes at it like i would with people getting into any other get-rich-quick scheme but now it's just unconscionable.
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Apr 26, 2021 17:36
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