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Comment Wrong Algorithm (Score 1) 60

Bitcoin relies entirely on SHA256 ASIC's for hashing and they typically need replacing every year or two because more efficient models come out making the old ones unprofitable, especially at halvings. Due to the RoI and first-mover advantage the profitable ones are very expensive.

If you want to heat your home with proof-of-work, use a coin that uses RandomX or some other deliberately ASIC-resistant algorithm (usually CPU mining).

You can pool mine on an old CPU and still get a few pennies for your efforts, though if you want to invest in an EPYC and have other uses for it (maybe you have work jobs to run during the day and want more heat on cold nights) it could actually be profitable.

Resistive electric heating is still a very expensive way to heat, though some people don't have better options. There's a development near where I am that was built shortly after Nixon announced Project Independence and every house (cold climate) has wall-to-wall electric baseboard heating.

Comment Re:Anything but the proper solution (Score 1) 35

> Why not just build the proper infrastructure with what we know works?

I tried to do this locally. The government allows the pole owner (electric or telephone usually) to charge $50/mo/pole to the startup that wishes to hang wires.

The owner pays $5/mo in property taxes to the town.

There are exceptions for large corporations that are in the state's good graces.

It's just to keep competition limited to the cartel.

Short answer: corrupt government.

Comment Re:Good Idea (Score 1) 92

A guy I knew had an early Model S.

When he wanted to impress me with the acceleration he tapped a couple settings on the screen to put it into Ludicrous Mode

This was around 2013 or so.

I'm not seeing how this is a problem.

I have a V6 and a V8 truck and both need a manual low gear selection to take off like a rocket. OK, the V6 not so much but the V8 can spin the rear tires in 2WD mode.

I don't let the average drivers in my life use it.

They would hit a tree if they were given a Tesla that was always in Ludicrous Mode.

Comment Re:Honest man [and smart timing, too?] (Score 3, Interesting) 65

He used to win these market timing games because no one was paying attention to huge short positions. You could quietly bet against a company, or, better yet, you could quietly amass a short position and then release stunning negative news that you had uncovered and watch the stock price tank.

These days it is more likely that online investors will notice a large short, and drive the price of the stock up until the person holding the short gets margin called and loses all of their money. The shorters then provide the liquidity you need to get out of the position. There used to be good money in shorting terrible companies, but in an age where hordes of armchair investors can drive the price of GameStop to the moon that strategy is just too risky.

Comment Wire (Score 1) 8

I'm not sure if Wire has new management but I just recently learned they've gone fully open source, are working on federation, and are using an RFC-specified tree-based efficient group chat encryption algorithm. RCS is eventually meant to adopt the same algorithm.

Folks using Telegram Groups (which are unencrypted, actually) might have a look. Yeah, somebody needs to run a server if you don't want intelligence agencies to provide one for you.

I uninstalled Wire years ago when they wouldn't take privacy seriously (yeah, I filed a bug) but it seems like a second look is warranted.

Comment Re:E-ink tablets (Score 2) 128

I've been using a TCL NXTPAPER for reading for a couple of years, and haven't used my kindles since. The screen has no glare at all, none. It's night right now, can't tell you about reading in bright sunlight. I haven't found a phone yet which is any fun in bright sun, so this NXTPAPER is probably not great either. But none of my house lights drown it out.

Submission + - NTP Solicits Donations 2

ewhac writes: Coming on the heels of FFmpeg having to cope with slop bug reports from Google (without attendant fixes), the Network Time Foundation, the stewards of the Network Time Protocol (NTP) and reference software implementation that keeps billions of computers' internal clocks set to the correct date and time, is having a donation drive. Depending on which page you look at (ntp.org or nwtime.org), the Foundation's goal is to raise a king's ransom of... $11,000.00. Yes, eleven thousand dollars.

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