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Turning Down a Blockchain Job Offer

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Re: Turning Down a Blockchain Job Offer

#101

Post by dpc_pw »

endorphone wrote: post #72

It is interesting how grievance posts have such an easy time on HN, and how willing the audience is to put aside basic cynicism (AMP is another easy target for these sorts of posts). I am going to be a little more suspicious and say that the OP never had a job offer for a "blockchain implementation", but instead posted the standard, rather empty cynical fare with the job offer justification. Lumping in all blockchain…

> say that the OP never had a job offer for a "blockchain implementation"

I get at least two blockchain related job messages a week on LinkedIn right now. Started around a month or two ago. Looks to me like a gold-rush, and I totally believe anyone with remotely relevant experience could have got an offer.

Re: Turning Down a Blockchain Job Offer

#102

Post by asdfqwerutoe »

philipodonnell wrote: post #87
jnbiche wrote: post #64

Earlier quoted context omitted.

No one has seriously mined Bitcoin using GPUs since like 2013. By 2014, everyone was using FPGAs or ASICs. Now, only ASICs are used.

I thought there was a change to the protocol that prevented ASICs from being as effective? Perhaps I misunderstood in the context of Bitcoin, but in the context of the investment in GPUs providing support to pricing, I think that is validated just from the news a few days ago that GPU pricing because of crypto demand was causing pricing issues in PC-gaming. And the same principle should apply to whatever "effort-base…

XMR/ETH use GPU

Re: Turning Down a Blockchain Job Offer

#104

Post by Marazan »

LAMike wrote: post #74

Bitcoin mining will spur competition for the cheapest energy in the world once there is parity with mining chips (12-18 months away). We're hitting the upper limit on what is possible in the ASIC chips. Every 10 minutes, a $200,000 bounty is given to the Bitcoin miner with the cheapest electricity + computing power. So once everyone has the same chips, what's the advantage miners can use? Cheap electricity. Bitcoin m…

Orrrrrrrrr they'll find power without externalities priced in.

Re: Turning Down a Blockchain Job Offer

#106

Post by kirillseva »

jurandom wrote: post #6

I just accepted a generous blockchain job offer with a fortune 500 company. But they are not interested in building a new blockchain implementation, but rather exploring smart contracts and their possible relevance to their business.

You could have just said J.P. Morgan

Re: Turning Down a Blockchain Job Offer

#107

Post by enknamel »

nemild wrote: post #24

The danger in a space like this is throwing the baby out with the bath water. - Yes, there are an insane amount of scams, and lots of dumb money flowing in - Yes, many use cases of blockchains should really be databases - Yes, many blockchain job posts are just PR initiatives for companies who want to differentiate themselves That said, it's an early time to have a tremendous amount of impact. Don't like "proof of wo…

I really dislike how decentralized cryptocurrencies are. I'd be ok with how it is currently implemented as long as there was some level of central governance to guarantee the currency could continue forever. What's the point of mining bitcoin once all coins are allocated? Just for transaction fees? Or would people push to generate more coins? A central governing authority would be great in a situation like this. Right now it is all open and built on consensus which is open to attack.

Re: Turning Down a Blockchain Job Offer

#108

Post by endorphone »

dpc_pw wrote: post #101
endorphone wrote: post #72

It is interesting how grievance posts have such an easy time on HN, and how willing the audience is to put aside basic cynicism (AMP is another easy target for these sorts of posts). I am going to be a little more suspicious and say that the OP never had a job offer for a "blockchain implementation", but instead posted the standard, rather empty cynical fare with the job offer justification. Lumping in all blockchain…

> say that the OP never had a job offer for a "blockchain implementation" I get at least two blockchain related job messages a week on LinkedIn right now. Started around a month or two ago. Looks to me like a gold-rush, and I totally believe anyone with remotely relevant experience could have got an offer.

He has no relevant experience, and claims that everything about the job was dreamy ("significantly higher salary", remote, etc), but they rejected it for some absurdly vague, hand-wavy, message-board type rhetoric that sounds like the standard sort of from-the-sidelines, self-validating fiction. It is absolutely transparent, and if there weren't so many on HN looking to feel less threatened by the whole blockchain thing, or less jealous about this idea that a bunch of people are getting rich (and quick! This is facetious, obviously), this would be sitting in the basement of HN, but instead it's validated as if it has the slightest wiff of truth. It clearly doesn't.

I'm not trying to be overly cynical, but when posts like this top HN I worry that it's less a "hacker" site, and more about a group trying to conjure a reality.

Re: Turning Down a Blockchain Job Offer

#109

Post by Zpalmtree »

enknamel wrote: post #107
nemild wrote: post #24

The danger in a space like this is throwing the baby out with the bath water. - Yes, there are an insane amount of scams, and lots of dumb money flowing in - Yes, many use cases of blockchains should really be databases - Yes, many blockchain job posts are just PR initiatives for companies who want to differentiate themselves That said, it's an early time to have a tremendous amount of impact. Don't like "proof of wo…

I really dislike how decentralized cryptocurrencies are. I'd be ok with how it is currently implemented as long as there was some level of central governance to guarantee the currency could continue forever. What's the point of mining bitcoin once all coins are allocated? Just for transaction fees? Or would people push to generate more coins? A central governing authority would be great in a situation like this. Righ…

The whole point of cryptocurrencies is that they're decentralized, and can't be controlled by governments. That would defeat the whole point of blockchain surely?

Re: Turning Down a Blockchain Job Offer

#110

Post by kirillseva »

tonyjstark wrote: post #96
arbol wrote: post #13

The benefits of blockchain outweigh the initial costs involved in kickstarting the ecosystem. The same initial flurry of investment happened when the internet was created. Look how that turned out.

Which benefits exactly? I've yet to see a problem where Blockchain is the best solution except doing ICOs which is not a problem. Also comparing the internet (having utility form the start) to blockchain (since 10 years nothing but gambling) does not make any sense...

not trying to assume any position here, just want to point out that you're looking at the world through the gucci glasses of someone who lives in a 1st world country with functional financial and legal systems.

There are plenty of people in the world who live in countries where the legal system doesn't work, the do not have access to banks, their fiat currency gets manipulated by the corrupt government. And these people now have smartphones and Internet.

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