Tellos

6 minutes ago, Bombastinator said:

“Will?”  That already happened several years ago.

I see a new wave of it coming.

At this point miners will just consolidate their currency into smaller groups with more of it. So they will become the new centralized power over the crypto market. Its going to become as rich and wealth based as normal markets. If you have it you can get more but if you have none you cannot get in.

@LAwLzUm you also realize almost NO miners of serious level are using 1 card. Their using 4, 8,12,36,256 etc. Their using HUGE numbers. 

16 hours ago, Garak said:

I wouldn't be so sure. Crypto is in a bit of a crab market right now, but it won't be forever.

 

This has more to do with China, than Crypto. A lot of Chinese individuals will be in the process of moving their rigs to other countries, and in time we will see BTC climb once again.

China limits how much of your wealth "determined by them" can leave the country. 

Another thing to remember, is tape drives compressed data can go up to 30TBs in some cases. BUT magnetic tape CAN degrade over time and is SLOW to read. Plus not every new system can normally handle tape drives so if you can do optical drives it's much easier to use on more modern systems. Also if more compact as stated before storage becomes much less an issue. 

Also possibly cost. 2.5TB 5 pack of IBM tapes is almost 125 bucks and thats on the lower side of some of them. If this optical is less that could significantly help.

Just now, Iloveunisuj said:

Banned because i have the queens bathwater flowing through my custom water loop

Banned for having a derivative avatar! That is also not a bird!

1 minute ago, sub68 said:

Banned cause things are intreasting

Banned for having an anime Avatar that isint chibi!

3 minutes ago, Bombastinator said:

Parts of it still are.  Get rural enough and you can go pretty far back in specific technologies.  Not all of them though, and a lot of it is simply not. 

Parts yes but not the government and not the number of larger heavily populated cities. Parts of the US are super rural. Again this is syaing because parts of a state are not technological hubs none of it is. 

3 hours ago, Bombastinator said:

China developed nuclear weapons only shortly after russia did.  It is the only other country atm with what is considered a second generation stealth fighter aircraft.  Partially but not entirely copied from the raptor.   A Chinese National recently invented a hydrocarbonless jet engine which is something people the US are trying to duplicate.  There’ a reason they’re one of only a few permanent members of the UN Security Council.  While it is true there are rice farmers in the Chinese interior who have never seen a real motorcycle, Dismissing China as “A bunch of rice farmers” is IMHO a mistake.  Just because there are places in China that approximate the Edwardian era doesn’t mean the entire country does. 

Its a mistake made by those who keep thinking China is some backwater country and do not realize it is a very big global player. We need to respect what China CAN do and has done. Not pretend like their still some farming community.

On 4/6/2021 at 8:40 PM, huilun02 said:

No hard evidence but lets blame the Chinese rice farmers yet again for infiltrating our high tech security.

 

Yes very good

The Chinese government has a capable military and has been proven to hack US companies before to steal intellectual property. So its not blaming rice farmers its blaming the government which has proven over and over it wants the secrets and IP of other states to bolster itself. Its fairly openly stated in many ways it rather not have foreigners at all ever but be the most advanced state ever and have power. It wants it all. Its making a concerted effort now to push foreign workers and such OUT of china by delaying passport/visa extensions so they get deported. Paperwork that once took maybe weeks takes months now. new hoops are added and stricter regulations. Also why they cap how much moeny can be sent by private citizens out of country for any reason.

Sadly most companies outsource IT now to overseas groups to cut costs. So their physical IT departments are much smaller. Rely on more external systems not in their control. Azure or AWS are common. 

2 hours ago, tikker said:

You are completely right that crypto isn't a stock and currently more a gamble. Crypto is currently indeed highly speculative, but you can also go out and gamble on highly speculative stocks. The stock market is also mature at this point, crypto is just coming out of baby phase. If it gets adopted I think the big and useful ones will stabilize and maybe start to reflect normal stock markets more. Ultimately we cannot really compare stocks and crypto by their natures, but there are still parallels.

I can go to an exchange right now and get my money's worth. Will it survive? Who knows, but right now it has value, no hoping involved. Why does a company turn a profit? because people value it its service(s) and good(s). You start a shit company that provides no goods and no service that people consider valuable, you'll never turn a profit. Even with stocks I'd argue you have nothing more than the hope that the company will do well and net you money. "value" is and always has been a social construct.

 

It's no different for crypto. People value the services and goods it provides, so it has gained worth. Limited supply also helps. You make a shitcoin that does nothing the thousands of other coins already do and it won't even be worth a cent. I'm not denying that Bitcoin's service isn't really useful anymore. There are many cryptos that are cheaper and faster now and it has become somewhat of a digital gold, with the added benefit that it becomes harder to get and for now keeps increasing in price.

It only DOES something aka make you money if people believe it does. Bit coin nor ethereum give me a service. They are simply "mine this make money." Thats literally it. Alot ofp laces pulled back on accepting bitcoin too because it fluctuates too much. Costs laot to do transactions and moniter price. 

1 hour ago, tikker said:

This is the literal opposite of what crypto wants though, so there never will (or I guess "should", since we aren't truthseers) be a "central bank" of crypto, because it revolves around decentralisation. My bank currently gives me 0.0% interest over my savings, and that's even only because they don't allow negative interest, so they're about as useful as burnt toast in that regard. The EU in their recent example of the digital Euro may even charge you to keep money over a certain amount in your account there.

We have no idea if cryptocurrency is the future or not. Maybe it will be in some form, possibly more in the form of the technology behind it than its current form, or maybe it won't be. What evidence do we have that we are headed to a "crypto crisis"? "it's a fad / bubble" is just an opinion (which you are entitled to). Bigger parties became interested, regular banks are investigating blockchain. It has left its marks.

 

Finally, which people constantly seem to miss, mining is not sustainable and we know it's not. That's why coins are or are going to proof of stake. Volatility is part early adopters tax. Also not every coin is trying to be normal currency. Nano and Stellar are both great examples that are much more a currency. They're fast and have low to no fees. Otherwise there are stablecoins that are tied to e.g. the dollar.

Its technology has not really gotten into many places after the past few years. A few companies began experimenting with blockchain for stuff but thats since stopped being a big thing. Fact is this is really just now about getting rich.  POS will basically centralize it anyways into those who have the most of it. Once this happens you have defacto centralization.

24 minutes ago, Spindel said:

I have a wild idea. 

 

Let people earn crypto currency by performing constructive tasks, like building construction, providing service in shops and restaurants etc. Some people might not use all the crypto currency right away but keep it in their wallets for a while, this reserve could be rewarded in some way, let us call the reward "interest". Now let us make a central entity with the assignment of monitoring and realizing transactions. Let us call that entity a "Central Bank". 

 

Crypto currency isn't the future, it's a fad and a boubble. It's not sustainable and it's too volatile to be usable. It's going to end up being the tulip crisis of the 21st century, we are not there yet but we are heading there. People ignorant to history are doomed to repeat it.  

Trouble is people want get rich quick and easy ideas. In this case POS is the logical step for those trying to secure their gains and lock out others. And not just etherium has thought about it. Many have figured it'd be great. All it means however is those with the most of a specific currency get the most of it. It centralizes it which was supposed to be the thing these coins did not have. 

I believe bitcoins more asics now. So GPUs are not gonna do great. In the end this is what I said it was. Mining is a get rich quick scheme the scheme just ending for new comers now. its about who has moeny makes money.

59 minutes ago, suicidalfranco said:

they don't need them either, they're simply more willing to spend than you are. Whether it's at MSRP or at an overly inflated price.

Fine then I dont have to buy from them and get to encourage others not to. Not my job to give them ROI.

On 2/26/2021 at 5:36 AM, LAwLz said:

Oh the horrors of only having a GTX 10 series graphics card. How terrible. It must be painful to have to switch settings down to medium to get decent framerates in the latest COD game or whatever the flavor of the month is these days... I really feel your and everyone else's pain.

 

 

They aren't more entitled to it.

The one who buys it the quickest and/or pays the most should get it if you ask me. That's why I don't get why people are mad at scalpers either.

Scalpers exists because demand outweighs supply. Some people will be without graphics cards because not enough exists, plain and simple. Scalpers take advantage of that situation and as a result the ones who pay the most are the ones who get the limited supply. If someone wants to buy a graphics card for 500 and someone is willing to pay 600 for it, then I think the one paying 600 deserves to get it. The problem is that right now the one only willing to pay 500 for it gets pissy and whines online how it is unfair because they for some reason deserve the card more, in their own eyes.

 

I don't think neither miners nor games are good/bad. In my eyes they are equal, but right now I am seeing a lot of bitching and moaning from gamers who think they are for some reason more entitled to get graphics cards than miners, even if miners are willing to pay more or buys them quicker. Boohoo.

That's why I might seem like I am "hating on gamers" right now. I would be replying exactly the same way if the forum was full of miners complaining about how "gamers are buying all of their mining cards". You don't deserve special privileges just because you think your use of a graphics card is more valid than someone else's.

 

 

Also, are you implying that you need a new graphics card in order to enjoy playing some games? You don't. Turn the settings down. If the game is good then it should be an enjoyable experience regardless. If you can't play some new, graphically demanding AAA game even with settings turned down then play something else instead. There are countless of great games that you can play. You don't always have to play the latest game.

Well my issue is my GTX 1080 WILL eventually break and once that occurs my PC is useless. Ryzen has no built in graphics so my rig will become unusable. Its gonna turn 4 years old this year. How many years can I run it before it breaks? Also if this is the attitude fine then I say never buy from miners deny them money. They bought the card why should I give them my money for a card they used? I am sorry my desire to buy a new card after having waited for so long offends people. 

Also why do Miners need the most efficient card by your logic why can't they be fine with less money made?

1 hour ago, Master Disaster said:

Err, at the age of 13 you don't have the legal authority to authorise a video of that nature in any capacity.

 

There shouldn't have been even the slightest bit of doubt from Twitter, as soon as the phrases "13 years old" and "sexual content" were combined Twitter should have pulled it instantly.

 

Disgusting.

You would think this would be the logical response. But apparently for twitter...not so much? 

Me it'd go like this. child under age of adulthood, and sexual content...yeah gonna say thats a BIG BIG FAT bag of NOPE! *insta ban*

9 hours ago, Donut417 said:

For some one who works for them you dont know a lot. 

 

 

Because Comcast has own NBC for a while. 

 

 

 

 

I stated we own them if you bothered to read.

On 12/3/2020 at 4:48 PM, Donut417 said:

I didnt say they were Comcast only channel. They however are 100% owned by Comcast. The merger happened several years ago. Look it up. Like any OTA provider they can make ridiculous price increases, which cable/satellite companies pay OR they pull the channels. Currently Dish and Direct TV are going thru a retransmission dispute. Comcast could cause that if they wanted. 

I work for the company I am rather aware of what's going on.

25 minutes ago, Donut417 said:

To my understanding the only rules Comcast had for their acquisition was they provide Poor people with internet for a cheap price . 

 

NBC is a OTA channel. Like all OTA channels they can impose retransmission fees. Considering every provider raises rates yearly, Id imagine Comcast can charge what ever they want. If the provider doesn't like the price, well, then they dont get NBC content. SO Comcast makes money with NBC, then they make money when you do have Cable with data caps/Unlimited plans. They also make money with their streaming service (Peacock) which also eats data, so a potential to double dip there.  Then they make money when they license their content out to other providers. ON top of the yearly price increases, sometimes twice a year. 

 

Im pretty sure if Comcast wanted, they could murder someone and no one would bat an eye. 

No we have to pay NBC/universal still

25 minutes ago, Donut417 said:

 

1 minute ago, Donut417 said:

There is revenue when you charge a data cap. Because people are getting their content over the internet. OR they are being forced to use cable TV, or are forced to pay for unlimited data. Comcast has this figured out. Plus Comcast owns NBC/Universal. 

Company does but regulations mean we cannot impose priceso n them they still negotiate with us. As per the rules of the acquisition.

6 minutes ago, Donut417 said:

This is why Comcast has caps. Because they still want that TV revenue. They know cord cutting will continue. So data caps. 

theres not much revenue from TV overhead on it is stupid high. Content providers demand more money every year. Company wants more internet revenue its WAY more profitable than Tv ever was.

19 hours ago, Windows7ge said:

Haven't asked. We used to have their Turbo service which was around 400mbps down but that was gone after a year. I have to check their equipment but I think the modem is only DOCSIS 3.0. Maybe their network is 3.1 ready but to ask for Gigabit here would be another "be prepared to pay out the ass for it" situation.

working for the company I can tell you TWo of the modems we send out the XB6 and XB7 are 3.1 modems. Also XB7 has 802.11AX. as to the cap expansion after signals of degrading the use of caps I suspect its a revenue gen set up. TV has not been our core buisness nwo for years and never will be due to high overhead from the channel content owners. But covid has cost the company ALOT. We been deploying been for months to Work from home or as its called internally "Virtual." Upgrades continue and still cost money afewp rojects to fix the disparity with upload speeds was tested in florida and hopefully will go nation wide. But trust me upgrades are occurring just...nothings going smoothly since feb.

To give an idea, we typically plan to upgrade for what we think we will need in 18 months...this made our projects more like what we expected in 3 to 5 YEARS once everyone piled into their homes. So upgrades planned are not making enough impact cause they were not for this level of need.

at this rate I'm more likely to believe security advice given by Binkov! Before I buy what the governments selling. For those who don't know. 

This is Commissar Binkov