datadata

7 ms·

1.
by datadata 2y ago
Or perhaps Vavilovian mimicry ( https://en.wikipedia.org/wiki/Vavilovian_mimicry ) that can fool the computer vision weed classifier.
2.
by datadata 3y ago
Rate limiting output is a form of filtering. It would be effective at this kind of resource consumption attack.
3.
by datadata 3y ago
It isn't a perfect inflation hedge, no one is claiming that. You are cherry picking a single interval where the correlation is negative. If you zoom out, you'll find that the correlation is mostly positive. Past correlation is als
4.
by datadata 3y ago
There are certainly time frames where change in global m2 money supply and change in bitcoin's price over say 12mo would have a positive R value. That isn't the point I am making. If the amount of money available goes up, then one
5.
by datadata 3y ago
Not sure, it is just a correlation not an iron rule and definitely not the only influence. The shrinking here of m2 is much much smaller than the previous increase was as well.
6.
by datadata 3y ago
Inflation is a lagging indicator. Bitcoin gained in 2020 and early 2021 when debasement happened and the supply of money increased. That debasement takes time to show up in price data, and then even longer to show up in headline inflation,
7.
by datadata 3y ago
Another good way in which these companies are lying is with overbooking, or legally selling more tickets than seats on the plane and hoping that the statistical rate of people now showing up will cover the deficit.
8.
by datadata 3y ago
Perhaps it is to make it look not like default style of ChatGPT output?
9.
by datadata 3y ago
The payment was to not mine coins and thus conserve electricity to more important consumers during times of shortages
10.
by datadata 3y ago
Do you have any example of your claim about providing help?
11.
by datadata 3y ago
Where did I say burn piles of money? I'm saying that if the transmission line is profitable, build it. If it isn't profitable and bitcoin mining is profitable, mine bitcoin. Both options should only be done if they are profitable.
12.
by datadata 3y ago
Look, you are touting a metric that you agreed has no bearing on the argument you are trying to make. The number of machines does not matter, it isn't part of any meaningful equation at all. Akin to summing the miles per gallons per ca
13.
by datadata 3y ago
We are not measuring what YOU personally believe is "useful productive" work. We are measuring if there is a way to extract economic value (payment) for stranded energy. > So if there's a small amount of power, you get no
14.
by datadata 3y ago
Would you then agree that your original point that "99.7% of machines do not solve a block" is not by itself an argument that bitcoin is more or less wasteful than it needs to be? Because through a bookkeeping trick you can reduce
15.
by datadata 3y ago
> If there's a small amount of power available then it's not worth mining. Could you explain how you arrived at this conclusion? The value of mining is generally proportional to the available power. If the capital expense of a
16.
by datadata 3y ago
OK, let's make this a multiple choice question. Assume bitcoin mining machines magically each become twice as powerful, AND twice as heavy, but there are half as many of them, so the total energy and resources used is exactly the same.
17.
by datadata 3y ago
Your argument (I think) is that bitcoin mining machines that don't solve a block directly are a complete waste, and only bitcoin mining machines that that solve a block do anything useful. Since 99.7% of mining machines don't solv
18.
by datadata 3y ago
Transmission loss can actually be reduced to zero, if voltage is infinite (or super conductors were used). However, the important part is the installation and operational cost of a high voltage line-- which is definitely non zero. For a sma
19.
by datadata 3y ago
> Or do something with it that isn't guessing random numbers on machines 99.7% of which will never successfully guess a single block and go from factory to space heater to landfill. By this logic we should remove airbags from cars a
20.
by datadata 3y ago
Food is also essential. If housing appreciated at a constant rate against a commodity like wheat for example, eventually you would be able to sell a house for the entire global supply of wheat (assuming wheat supply grew slower) .
21.
by datadata 3y ago
I've never understood how real returns on house prices could be believed to be sustainable. If the value of a house appreciates in terms of purchasing power for some other good at a constant rate, at some point in the far future just a
22.
by datadata 3y ago
You could get close to a binary output with an option spread with a tight range of strikes (e.g. buying a call at price X, and selling a call at price X+1). If the stock price goes above the high strike it is a maximal payout one way, and b
23.
by datadata 3y ago
It is a sad state of affairs that being "state-affiliated" is a negative thing.
24.
by datadata 3y ago
You are repeating the same false dichotomy by stating again that final settlement and self custody are bad defaults for the entire world. That isn't want I'm saying, I am saying a choice is better than no choice at all. I'm a
25.
by datadata 3y ago
You are imagining a false dichotomy where things like fast and final settlement, or self custody are forced onto every user, and pointing out the obvious problems with that scenario. They are not good defaults, but they are great to have as
26.
by datadata 3y ago
Ask anyone waiting for an emergency withdrawal to settle from a failing institution like FTX or SVB.
27.
by datadata 3y ago
The size of the market just for identify theft protection is 10 billion USD [0]. There is 30 billion USD in credit card fraud a year [1]. I don't think that is working well enough, that is a multiple-FTX sized loss of money every sing
28.
by datadata 3y ago
I agree that it is a feature, but that feature didn't come with any downsides initially when the speed of everything else was also slow. The downsides are now substantial as the customer expects higher speeds. The downsides of not havi
29.
by datadata 3y ago
A normal pattern is to tier storage into a hot wallet and a cold wallet. Hot wallet is used for daily operations and can have lower security, but has a very low percentage of value, so that if hacked the exchange and eat the loss. The cold
30.
by datadata 3y ago
It is fantastic that a company operating with such horrific practices is dead. While we are at it, when can we fix similar issues below with mainstream financial systems that millions of people are still using? - Social security numbers are

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