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Well that was a fun call I just had.
Owner of the company I freelance for: Hey I forgot to tell you something.
Me: What?
Owner: I bought you a plane ticket to fly to Puerto Rico. You're heading out in a month.
Me: What?! Why????
Owner: To set up cryptocurency mining rigs.
Me: Just because I know a bit about mining doesn't make me an expert.
Owner: We have $80k in our pocket in investments from outside parties, with another $20-30k on the way. You get 20% of the coins mined for as long as you manage it.
Me: So we're gonna set up several rigs, utilizing a b250 motherboard, g4400 CPU, 8GB of RAM and 10 GPUs each. We'll have AMD rigs for monero and Nvidia rigs for Ethereum and others. We'll use awesome miner for profitability switching on the fly. Each machine is probably going to be $5k each, possibly $4k with bulk discounts. We'll need at least 1500W per rig for power, 2000W to be safe, so we need to make sure we have ample power delivery to the mining warehouse.
Owner: I thought you weren't an expert?
Me: I'm not, but when there's money involved my motivation to Google goes into overdrive.28 -
You think a junior dev pushing his code onto a production server is bad? Wait till you have that admin who is illegally mining Bitcoin on your production server. 😂
I went for a Cyber Security conference today with one of managers and this was one of the life experiences some of the speakers shared.19 -
Bitcoin just went from $2600 to $1870
And ethereum is now $140
Cryptocurrency markrt capacity went almost from $100B to $60B14 -
Why do so many people waste their time and their computers turning coal into heat? It really pisses me off.
Often I meet smart guys who are fairly decent coders and after what starts as an interesting conversation is instantly destroyed by cryptocurrency.
It is *exactly* like enjoying a discussion of the intriguing nuances of quantum chemistry only to have the guy say, "thats all cool, but how do you make meth?"
argh.
You want to use your decked out rig to make money? Fine. But please help us solve important problems instead of literally wasting electricity. Just google search "supercomputer physics" and you will find a thousand current problems requiring extremely fast computers for number crunching. All of them can make you more money than crypto and all of them help society at the same time.
We burn coal to make most of the electricity on this planet. Most coal stations burn around 20,000 tons of coal per day. The world burns about 250 tons of coal every *second*. This is converted into carbon dioxide. (coal = carbon, add two oxygens when you burn it, producing three times as much mass in CO2, which then goes out the smoke stack)
The big picture is this: currently we are forced to burn coal to make the world work. Turning off the boilers would result in an almost instant apocalyptic collapse of society. BUT, we don't need to burn it merely to produce waste heat in your video card array.
Please use your superpowers for good.
<end rant>16 -
Bought an Ethereum (yes, only one ☹️) in january at 9.90$. Now it's at ~180$. I should have bought more..
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News: New virus installs cryptocurrency miner on IoT devices.
Me: I hope it was worth the whole 37 cents they made.10 -
Can confirm bitcoin uses a lot of energy, I have been reading bitcoin tweets all day and I'm exhausted20
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Tried mining ethereum today. Just wanted to check that out, for the heck of it. Fired off a p3.16xlarge instance on AWS, 4 x Tesla V100 running at $12 an hour! It was an absolute beast. Anyway, kept it running for 9 hours and earned about $5 before shutting it down. Cost me $108 to earn that $5. Had a lot of credits expiring in a couple of days, so I wanted to burn them off anyway.
So crypto mining, not easy money.9 -
Recenty I have studied a lot about Bitcoin and Blockchain. The technology behind these things is amazing. And people are going mad over it. But, are we really going to the right direction? I have doubts.
Bitcoin was targeted to be a decentralized system. But in the present scenario, if BTC.com, AntPool and ViaBtc somehow merge, they will own more than 51% of the total computational power of the Bitcoin network. And if that happens, they will have full control over the whole network and will be able to replace the whole Bitcoin Blockchain with their forged entries if they want. By the way, btc.com is China based and owns 29.6% of the total computational power of the Bitcoin mining network. Forget about merging, if btc.com grows independently, who can assure that they would never cross the 51% threshold? Same problem exists with other Blockchain systems too. Are these systems really decentralized as they advertise? I really doubt now.
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"Our company encourages cryptocurrency big data agile machine learning, empowerment diversity, celebrate wellness and synergy, unpack creative cloud real-time front-end bleeding edge cross-platform modular success-driven development of digital signage, powered by an unparalleled REST API backend, driven by a neural network tail recursion AI on our cloud based big data linux servers which output real time data to our Wordpress template interactive dynamic website TypeScript applet, with deep learning tensor flow capabilities.
Don't get what the fuck I just said? Udemy offers countless courses on python based buzzwords. Be the first out of 13 people to sell your soul and private information, and you'll get the first three minutes of the course free!"3 -
Have you heard that Facebook is developing a cryptocurrency?
Huge waste of money. Everyone knows Facebooks security flaws and will problably not invest in their cryptocurrency because of that.11 -
If cryptocurrency is banned and revoked from the internet, in what other way would ransomwares ask their victim to pay?14
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So now you can hire a container with computers and all that stuff so you can start mining crypto currency immediately... What is humanity going to be in 10 years? Everyone's just gonna mine Bitcoins instead of working? 😦
6 -
So uh... your computer might be being used for bitcoin mining, and you might not even know it. How do you feel about this? Do you consider the site freeloading off your computer's processing power?
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First: happy birthday, devRant.
Second: the more I use it, the more I would like to see implemented as a block-chain, a la Steemit -
If you ever thought hell didn't exist...
I just spent the day explaining cryptocurrencies to a room of social sciences and law students.
I really need to get drunk, but it's only Thursday 😫3 -
Just joined a company 1 week ago and I was tasked to build a cryptocurrency bot in trading view using pinescript. The problem here is that I have zero knowledge in trading, charts , indicators etc and Pinescript is such a miserable language and I am so bored of this.
On top of that, nothing here makes sense. Tried learning trading on my own and it is simply boring and I don't understand many things here such as RSI, ATR etc . Sometimes I feel like quitting this job because I feel that I cannot deliver and at the same time I am afraid that I am quitting too soon before even giving a try.22 -
WARNING: I am a n00b at this crypto shit!
I've decided I might dable in cryptocurrency mining for a little and see what comes of it but have no clue how to start... Can someone point me in the direction of anything that could be helpful?23 -
In 2018 everyone wanted to be in crypto. In 2019, we will find out who really wants to be in crypto. 💸💸💰11
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My father is very interested in stocks and thus he has also heard of crypto currencies. He just asked me if I could setup a Bitcoin wallet and if I know more stuff about crypto currencies.
I myself know a bit about these things so any tips for starters? 😄2 -
NFTs and cryptocurrency is a scam and it annoys the fuck out of me that big names keep pushing them... Especially people in software development that really should be able to see through the bullshit.24
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!dev
Decided to spend more time on LinkedIn to familiarise myself and start looking for potential employment opportunities.
For past month or so, I've seen few decent opportunities, which is a nice start. However, for every decent post, I've come across:
- About a hundred of posts by self-proclaimed crypto experts who spout absolute gibberish and somehow get thousands of likes. 5 min google search and absolute minimum knowledge of economic theory discards 99% of their claims and statements
- Handful of idiotic "career advice" blog posts
- Numerous posts, both bashing and helplessly supporting shitty recruiter practices
- more crypto nonsense
- People jerking themselves off for running a profitable business (company launched a 1-5months ago)
Really starting to hate the platform, seems like all the integrity it had before becoming fully mainstream, has gone down the drain and it's become a straight up corporate circle jerk1 -
When you need just simple plugin for the browser and what you get is a crypto miner fully utilizing single core :(2
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Got in a somewhat heated discussion earlier a'd wanted to get some more input...
Friend of mine has a community site for a game, and is running adds to pay for the hosting costs etc... He however has recently changed adds provider and now they've become more profitable but also a lot more obtrusive...
I suggested perhaps looking into getting something like coinhive, mining monero coins with your users browsers... He was really averse to it, but I think that it can be viable alternative to adds, as long as you allow your users to not participate and don't go all out with their processors but throttle it to say 5% orso...
Anyhow, he wouldn't have it, and I was wondering if I was alone in thinking I'd rather have some coins mined using my processor than seeing adds, especially if it's not at full speed, and with consent (and not on mobile)5 -
!Rant
Worth sharing - a guy here in South Africa I spotted a year & a half ago advertising a local bitcoin reseller
Don't hear much about cryptocurrency in the headlines anymore
1 -
How would you guys feel if your favorite app gave you 3 monetization options.
Crypto Mining at max 70% load
Giving you 100% privacy.
Ads, rip privacy, rip cpu.
Paid content /micro transactions
Rip wallet , some privacy concerns, happy cpu.
Thoughts?6 -
The internet allowed for people to never have to go to a library for knowledge.
Bitcoin allows for people to never have to go to a bank for money.7 -
I find it really embarrassing how Twitter, whose mission was to give voice to those who are not heard, has become a puppet in the hands of a CEO who overnight changes the codebase to influence the crypto market for his own ends.3
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What do you think about onecoin/ onelife? Have you heard of it? They offer pretty good deal, but is it worth the money?7
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Blockchain, Cryptocurrency
Me and my friends were thinking about making a cryptocurreny for college project.
And we don't know where to start.
Could I get some help?7 -
Vodafone Quits Facebook’s Libra Cryptocurrency Project
“We can confirm that Vodafone is no longer a member of the Libra Association. Although the makeup of the Association members may change over time, the design of Libra’s governance and technology ensures the Libra payment system will remain resilient,” the Libra Association said in a statement.
“The Association is continuing the work to achieve a safe, transparent, and consumer-friendly implementation of the Libra payment system.”4 -
Anyone in crypto mining?
Have a small question: why the fuck I am payed half of what I was expecting?!
I know the estimation is not accurate, but half of that or less?!?
(Estimation from the H/s)2 -
In todays lecture my professor told us that our city is planning to do its own cryptocurrency. Why does everyone do stuff just because it's a hype?1
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According to the report of Reuter on Geneva-based Libra Association : Facebook's Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent. "I don't think (Libra has a chance in its current form), because central banks will not accept the basket of currencies underpinning it," Ueli Maurer, who is Switzerland's finance minister and outgoing president, told Swiss broadcaster SRF.
"The project, in this form, has thus failed," he added in an interview.
Libra did not immediately respond to a request for comment.1 -
Hey ranters does anyone know the best way to learn crypto currency. Its a very challenging topic for me5
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Do you guys think that it would be possible to build a cryptocurrency that could replace traditional banking and money at all?
A non anonymous cryptocurrency, that could guarantee enough privacy to not be used for surveillance but at the same time could be used by common people.
I had this thought recently but at the time of writing ( :P ) I haven't enough knowledge and time to go deeper than this (meaning "nothing").14 -
Someone have experiences with mining pools with pps in multiple coins and low fees for running a few scrypt ASICs?
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SegWitAdress.org is really awesome if you know how to use it.It was my nightmare so do not use it...3
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SambaCry: This Linux Malware Is Turning Machines Into CryptoCurrency Miners
https://fossbytes.com/sambacry-malw... -
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9 -
Best way to find beta testers for a new project I'm working on website wise? Has a cryptocurrency topic but not for profit..?1
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Hey ranters! Does anyone know how to integrate the cryptocompare api on amdroid or could point me to a resource
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I'm currently taking part in IBM hackathon based on a healthcare theme and my project idea is that storing patient healthcare reports or medical research docs on the blockchain, is this idea had some potential to make a difference in the hackathon?10
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