A bit off-topic, but the fact that criminals asked for help mining, instead of money or crypto-money, just gave me an epiphany: The whole internet is showing the first signs of a digital Resource Curse [1] brought by crypto mining. Crypto mining changed the economics of the digital world in such a drastic way that it is poisoning all kinds of internet interactions. It is not just about disrupting how money used to wo…
> The whole internet is showing the first signs of a digital Resource Curse [1] brought by crypto mining. Crypto mining changed the economics of the digital world in such a drastic way that it is poisoning all kinds of internet interactions. It is not just about disrupting how money used to work, it is disrupting every kind of interaction, even those that had nothing to do with money. Things that were completely econ…
Cybercriminals who breached Nvidia issue one of the most unusual demands ever
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Re: Cybercriminals who breached Nvidia issue one of the most unusual demands ever
#452Earlier quoted context omitted.
> There is no benefit to society from allowing this. Sure there is. We get a financial system that's independent of banks and governments. I don't care how much energy it consumes, that's a worthy goal. Also, it's not even 1% of global energy consumption and even that calculation is based on rather questionable assumptions like "energy usage is proportional to bitcoin price". If you want to stop the burning of fossil…
> We get a financial system that's independent of banks and governments. I don't care how much energy it consumes, that's a worthy goal. I see it as exactly the opposite. We live in a society, and as a society, we have agreed upon certain rules about how money is handled. If you want to opt out of those rules, then get out of our society.
"Agreed upon" rules? This stuff is imposed on us.
Re: Cybercriminals who breached Nvidia issue one of the most unusual demands ever
#453A bit off-topic, but the fact that criminals asked for help mining, instead of money or crypto-money, just gave me an epiphany: The whole internet is showing the first signs of a digital Resource Curse [1] brought by crypto mining. Crypto mining changed the economics of the digital world in such a drastic way that it is poisoning all kinds of internet interactions. It is not just about disrupting how money used to wo…
> The end goal of the crypto machine is the financialization of everything. Any benefits of digital uniqueness are a quirk, a necessary precondition of turning everything into stocks.
[1] https://twitter.com/FoldableHuman/status/1465835083542061059
Re: Cybercriminals who breached Nvidia issue one of the most unusual demands ever
#454Earlier quoted context omitted.
This comment chain made me envision a potentially terrible future direction. Imagine a future where websites force people to consent to allowing them use your device to mine cryptocurrency while you use its services or browse its content instead of ads.
Can you mine crypto in the browser? I know there are some native hooks, presumably JavaScript is never going to give a good hash rate, but it would be interesting if sites starting dropping JS tags that silently mined crypto in the background.
Re: Cybercriminals who breached Nvidia issue one of the most unusual demands ever
#455Earlier quoted context omitted.
> The whole internet is showing the first signs of a digital Resource Curse [1] brought by crypto mining. Crypto mining changed the economics of the digital world in such a drastic way that it is poisoning all kinds of internet interactions. It is not just about disrupting how money used to work, it is disrupting every kind of interaction, even those that had nothing to do with money. Things that were completely econ…
This comment chain made me envision a potentially terrible future direction. Imagine a future where websites force people to consent to allowing them use your device to mine cryptocurrency while you use its services or browse its content instead of ads.
They apparently to came to an agreement with the players where, to support the server, a browser miner would be ran on the dynamic map website.
Re: Cybercriminals who breached Nvidia issue one of the most unusual demands ever
#456Earlier quoted context omitted.
You would have to saturate the market with specific mining devices. Like with bitcoin ASIC miners, the crypto mining demands have to increase to the point where using gaming graphic cards becomes unprofitable. Otherwise miners will buy the specific mining devices and the gaming devices. The problem is that Etherum was designed to resist ASIC approaches. Instead of locking cards down, Nvidia could manage the supply. T…
> They could sell their cards in cooperation with Steam: Only people with an active steam account are eligible to a new card. If their performance stats don't improve after the purchase, which means they have resold their hardware, they won't be allowed to buy another card. I have a baby. I do anything on Steam once a month at best. Crypto miners could pretty trivially make their use cases look like they spend more t…
Re: Cybercriminals who breached Nvidia issue one of the most unusual demands ever
#457By the way, ‘lapsus’ as a slang-ish Russian word was around perhaps until 1970s or 1980s. Quite rare today. Means ‘a dumb mistake’. It comes from Latin, and Wiktionary says that it's used in English and Romance-family languages, but I've never seen it outside of Russian. It might be used in other Slavic languages, though. If the word is not around in Western languages, then presumably it would point to Russian origin…
Re: Cybercriminals who breached Nvidia issue one of the most unusual demands ever
#458A bit off-topic, but the fact that criminals asked for help mining, instead of money or crypto-money, just gave me an epiphany: The whole internet is showing the first signs of a digital Resource Curse [1] brought by crypto mining. Crypto mining changed the economics of the digital world in such a drastic way that it is poisoning all kinds of internet interactions. It is not just about disrupting how money used to wo…
I’m sure every ancient civilization noticed this problem when the ease of trade that came with common currency resulted in the incentive to be conquered and taxed from a foreign land.
Re: Cybercriminals who breached Nvidia issue one of the most unusual demands ever
#459Earlier quoted context omitted.
I'm sure many people would agree with your diagnosis. What's the treatment, though?
artificial limits, on bandwidth and energy could be one way to both foster innovation and decrease resource usage
Re: Cybercriminals who breached Nvidia issue one of the most unusual demands ever
#460Earlier quoted context omitted.
I had to install a new inkjet printer because kids now need to print out their homework during COVID. I swear to god if I ever become wealthy the printer industry is what I intended to completely destroy . Not in it for profit. Not positive sum whatever startup thinking. It will be Zero Sum. Edit: Lasers are fine. That will be left alone.
Damn it feels good to be a gangsta...