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Volmarias posted:Which is why we will continue to embrace them as we slowly boil ourselves alive What else are we supposed to do with all this free money?
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May 27, 2021 17:03
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Elman posted:What else are we supposed to do with all this free money? Buy a bigger boat
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May 27, 2021 17:14
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Heck Yes! Loam! posted:There's a new crypto fad in town Who would have thought that the tech bubble would burst because crypto made procuring basic computer parts prohibitively expensive. Next up, Proof of Bandwidth, Proof of Screen Resolution, Proof of Latency, Proof of Posting
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May 27, 2021 23:26
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China is apparently moving to ban crypto mining in general, which they haven't done before.
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May 27, 2021 23:39
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Beelzebufo posted:China is apparently moving to ban crypto mining in general, which they haven't done before. This is good for bitcoin because all the Chinese coins will either be sold in a hurry, allowing others to buy coins on the cheap or destroyed entirely, increasing the value of the coins in the bitcoiners' own pocket. Also good for bitcoin because now non-Chinese miners will have less competition and there's no more risk of China pooling their miners for the dreaded 51% attack.
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May 27, 2021 23:46
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adoration for none posted:Proof of Bandwidth I unironically hope this drives infrastructure improvemahahahaha... nope couldn't do it.
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May 27, 2021 23:57
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adoration for none posted:Who would have thought that the tech bubble would burst because crypto made procuring basic computer parts prohibitively expensive.
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May 27, 2021 23:59
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TACD posted:Just cut to the chase and make it Proof of Power Consumption 
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May 27, 2021 23:59
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The rogue superintelligence that ends the world won't be a stamp maker AI, it'll be a blockchain mining AI that converts the entire Earth into energy for mining
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May 28, 2021 00:17
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adoration for none posted:The rogue superintelligence that ends the world won't be a stamp maker AI, it'll be a blockchain mining AI that converts the entire Earth into energy for mining Holy poo poo, so that's how Unicron happened...
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May 28, 2021 00:26
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Heck Yes! Loam! posted:There's a new crypto fad in town OK, so I looked up global data storage capacity, and the estimate seems to be somewhere around 6-7000 exabytes. This thing is already using about 1/600th of all the disk extant in the world, growing exponentially, and burning through those disks within a month or two. Edit: also it sounds like their schtick is that they're less energy-intensive than bitcoin. At something like 1W/TB, that's 12 MW. Sure that's 1000X less than BitCoin's 15GW, but it still isn't great. Lead out in cuffs fucked around with this message at 06:11 on May 28, 2021 |
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May 28, 2021 06:04
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So is it just repeated reads that wrecks SSDs? Or is it that Chia requires you constantly re-write the data with new lottery tickets?
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May 28, 2021 06:09
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I think they have to use SSDs as working memory because the dataset is too big for DRAM.
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May 28, 2021 06:14
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They write the plots on the ssd for speed then move it to HDDs for storage where it's randomly checked like a data centre full of bingo cards for the winning hash.
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May 28, 2021 07:31
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Proof of Bingo.
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May 28, 2021 07:32
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Beelzebufo posted:China is apparently moving to ban crypto mining in general, which they haven't done before. China's banned crypto and a lot of things on paper before, enforcement is the issue.
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May 28, 2021 07:51
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doesn't crypto have a huge electricy consumption? they might not be able to catch hobbyists but it shouldn't be hard to catch large scale mining ops just by measuring the grid
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May 28, 2021 08:42
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Stexils posted:doesn't crypto have a huge electricy consumption? they might not be able to catch hobbyists but it shouldn't be hard to catch large scale mining ops just by measuring the grid They're literally buying powerplants: https://twitter.com/ClimateNexus/status/1382069830128373768?s=20 They are the grid.
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May 28, 2021 08:44
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quote:Instead of carbon dioxide, Chia produces vast quantities of e-waste—rare metals, assembled into expensive computing components, turned into toxic near-unrecyclable landfill within weeks. Cohen has tweeted that the claim that Chia destroys disks is mostly “just plain wrong”—though he ends the tweet thread by effectively admitting that it’s true but blames users for using “consumer SSD,” even though Chia’s own FAQ states that it can be run on mobile phones or laptops. very normal business
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May 28, 2021 08:56
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Mister Facetious posted:They're literally buying powerplants: I think back to the early days of the Bitcoin thread when we laughed at the Bitcoin proponents who would talk about ideas like Bitcoin satellites, because the ideas were so absurd. Turns out that weren't so much wrong as that we had way too much faith in the world to not go that absurd.
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May 28, 2021 09:05
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The next big trend is going to be retro with Proof of Proof, where miners will add sourdough starter and small batch moonshine to the blockchain.
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May 28, 2021 13:23
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Watch the price of corn and copper tubing loving skyrocket.
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May 28, 2021 14:05
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Mister Facetious posted:They're literally buying powerplants: At this rate soon miners as in literal people employed at mines will have little extra power cables running from all of their machinery/equipment to contribute to the chain.
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May 28, 2021 14:29
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I'm hoping this: https://www.lawfareblog.com/ransomware-problem-bitcoin-problem will be what really starts to degrade bitcoin. Now it's a strategic concern.
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May 28, 2021 14:37
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Stexils posted:doesn't crypto have a huge electricy consumption? they might not be able to catch hobbyists but it shouldn't be hard to catch large scale mining ops just by measuring the grid The future is already here! Police find bitcoin mine using stolen electricity in West Midlands: quote:Police have discovered a cryptocurrency operation that used stolen electricity to mine bitcoin in the West Midlands. The images of the badass mining rigs are well worth a click (there's some leeching protection and I'm too lazy to re-host them).
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May 28, 2021 15:42
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Neo Rasa posted:At this rate soon miners as in literal people employed at mines will have little extra power cables running from all of their machinery/equipment to contribute to the chain. All those pods in the Matrix were so humans could process Bitcoin transactions between French and Russian AIs... 
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May 28, 2021 16:08
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https://twitter.com/mikarv/status/1397803182605180929
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May 28, 2021 16:11
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broke: putting on makeup to feel more professional working from home woke: putting on joker facepaint so the boss algorithm thinks you’re happy and attentive
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May 28, 2021 16:22
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eXXon posted:The future is already here! Police find bitcoin mine using stolen electricity in West Midlands: The most criminal thing here is the sloppy cable management!
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May 28, 2021 17:22
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https://twitter.com/bellingcat/status/1398266757924667397 Didn't the same thing happen a while ago when they found US bases in Afghnistan and or Iraq because of fitbit location data?
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May 28, 2021 18:21
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man remember when we banned furbies.
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May 28, 2021 18:24
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CAPTAIN CAPSLOCK posted:https://twitter.com/bellingcat/status/1398266757924667397 If that many soldiers know these facts, I can't imagine they're all that secret to people that would want to know. Same for base locations in Afghanistan, I can't imagine the Taliban had to rely on Fitbit data to know where they are located.
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May 28, 2021 18:34
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https://twitter.com/hiltzikm/status/1398256545926828042 :shockedpikachu:
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May 28, 2021 19:50
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Fame Douglas posted:If that many soldiers know these facts, I can't imagine they're all that secret to people that would want to know. It's all about the details for this sort of thing. The military has had a variety of issues with soldiers live-streaming their wars, and I'm sure it'll only get more problematic over time.
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May 28, 2021 19:52
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Doggles posted:https://twitter.com/hiltzikm/status/1398256545926828042 quote:But when California codified labor rules to mandate that such workers receive all the benefits of employees, Uber, Lyft and other gig companies drafted Proposition 22 to exempt their drivers, delivery workers and others from the employment rules and allow them to be classified as independent contractors. Drivers voting for Prop 22: 
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May 28, 2021 20:14
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https://twitter.com/dril/status/841892608788041732
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May 28, 2021 21:34
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\o/ - "McDonald's!"
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May 28, 2021 21:35
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i thought awkward nerds (being one myself) would be the first to understand how hosed up it is for programs read your every movement and facial tic and decide things about you because of them but they haven't understood it at all and they keep making them. what problems are they trying to solve here?
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May 28, 2021 22:02
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Management wants metrics.
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May 28, 2021 22:06
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nishi koichi posted:what problems are they trying to solve here? Being paid by their employer
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May 29, 2021 01:00
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