Viewing profile — zMiller

It's a question of opportunity cost of electricity, not absolute numbers: - You live in a place where the "cost" of mining = Electricity + Amortized cost of mining rig. - Someone e…

> The biggest trouble here is that pollution externalities of power generation are very commonly not priced into the cost of electricity, so generic incentives to consume energy al…

- While storage is part of the infrastructure, it not the solution -> Not feasible for a large set of energy sources and often falls to the same pitfalls of bringing new power onli…

> Which is why Bitcoin mining is only feasible in the areas that have the lowest electricity rate? Nope, not where Electricity is cheapest, but where it's opportunity cost is lowes…

FWIW there's a lot of half baked arguments going around the space, so a few comments for anyone genuinely interested in evaluating facts: - The usage of electricity in Bitcoin is a…

https://climateandcapitalism.com/2008/03/19/global-warming-a... https://hbr.org/2018/09/the-social-and-political-costs-of-th... https://www.bloomberg.com/news/videos/2021-02-09/wha…

Articles like this while well meaning and coming from a good place are extremely naive and myopic. Do a bit of research in terms of the costs in lives and “, yes c02, of the curren…

You will never be able to exchange 1 billion dollars at will with RBC or any other bank.

- There comes a time in every man's education when he arrives at the conviction that envy is ignorance; that imitation is suicide; that he must take himself for better, for worse, …

fluentd is great. You can setup forwarding nodes, that relay logs to one or mutiple masters that then persists into whatever layer(s) you want. Tolerance and failover baked in. Ton…

Technically you would've 'lost your shirt' in bitcoin if you had bought it during only 2 of the last 520+ months...

There always was and will always be one Bitcoin.org

If you manage to secure it for a sufficiently long term where you feel comfortable you can meet it's obligations before the terms expire, then go for it !

Go read bud.

Considering the current political and economic climate : 1- Pay back as much debt as you can: Signs point to the 'cheap money' party ending relatively soon and debt will start beco…

Hey, I'm in the process of writing the documentation for customer facing grammar (built using nearly.js) to allow for 'easy' querying of an API by the average Joe. I was thinking o…

Curious what kind of hash rates you would get on a 'super' computer..

https://lopp.net/bitcoin.html Great resource that covers a array of topics on a spectrum of levels for different audiences.

But you do realize that "cryptocurrency" might very well be THE everyday use product/experiment that successfully demonstrates and educates the average human on the social implicat…

International ACH transfer ? Any international Wire or remittance in general will cost you at least 25$.

Spot on. Use as currency for Bitcoin (and other coin networks) is still in it's infancy and cannot scale the way it needs to should it want to replace fiat. The important distincti…

You are absolutely right. Again my comment was directed at : > People who call Bitcoin a 'Ponzi scheme' , type of plant or apply whatever reduction on a very complex and innovative…

Now try sending some of that money to a third world country and see how much they get between the fees they pay western union and the thugs waiting outside to 'tax' you. From sale …

Totally Kenya's mobile payment system evolution from SMSing minute refill codes, to an actual legally recognized form of payment is the original Blockchain in my mind :) But that i…

haha, depends on the card you agree to sign off to :)