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Joined 2 years ago
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Cake day: August 25th, 2023

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  • We’re at a point where it’s no longer profitable for individual miners

    We have been at that point since GPU mining stopped being feasible in 2014, it’s just gotten worse. ASICs made it so the only people who could profit off mining were people who could place a wholesale sized order of hardware from bitmain, etc. Anyone else who claimed to be mining profitably was likely someone who was:

    1. buying old hardware 2nd hand (or new hardware at MSRP) and capitalizing on free electricity in their rental
    2. not selling their Bitcoin immediately (they weren’t making money from mining, they were making it from speculating)
    3. lived in Quebec and could double dip (North America’s cheapest grid + free heating for 8 months of the year)

    unless there’s a radical change in bitcoin’s algorithm

    The algorithm already does this though. Every 2016 blocks if it took more than 10 minutes per block, the difficulty of mining bitcoin goes down, not up. This is why every halving event you see a radical drop in difficulty, because at a given kWh you are producing half as many bitcoin - meaning people turned off their miners because it’s less profitable. The flipside is the rate of issuance goes down, so there is a lower inflationary effect, and the price of Bitcoin usually also skyrockets (which means eventually these miners re-enter, and difficulty eventually goes back to where it was). It can never get to a point where Bitcoin mining is completely unprofitable unless the price goes to zero, because there will always be a guy with a solar panel and fully paid-off hardware who can mine it for free. Granted, it can get to a point where a lot of people have to take a huge loss on capital expenditures if the price nosedives and never recovers




  • New data tells us that mining a single Bitcoin or one BTC costs the largest public mining companies over $82,000 USD, which is nearly double the figure it did the previous quarter. Estimates for smaller organisations say you need to spend about $137,000 to get that single BTC in return. BTC is currently only valued at $94,703 USD, which seems to be a problem in the math department.

    Bitcoin mining will always be profitable for the people with the cheapest electricity and largest economies of scale. There is a difficulty adjustment algorithm in the protocol that ensures this. When the price tanks people turn off thier miners, difficulty adjusts downwards, and then it takes less electricity to find a block.

    tl;dr title is wrong




  • bjorney@lemmy.catoTechnology@lemmy.worldServo vs Ladybird.
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    1 month ago

    If I was the maintainer, I too would probably reject the PR because it didn’t remove the gender entirely.

    Cool, but that isn’t what happened here. The PR was closed immediately because the maintainer considered using gender neutral pronouns “personal politics” - he had ample opportunity to clarify his stance, or simply comment ‘resubmit in passive voice’, but he didn’t. Clearly the problem wasn’t the active voice, it was the summary of the change, because when that exact same PR was re-submitted much later with a commit message of ‘Fix some minor ESL grammar issues’, it was accepted with no discussion

    As an aside, I absolutely disagree with the use of passive voice. It’s more verbose, and harder for the reader to comprehend. It’s why every style guide (APA, Chicago, IEEE, etc) recommends sticking to active voice, especially in the context of ‘doing things’.


  • bjorney@lemmy.catoTechnology@lemmy.worldServo vs Ladybird.
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    1 month ago

    If goes against established norms here

    What’s the established norm here. All people compiling software by source are male?

    he said politically motivated changes aren’t welcome

    What’s politically motivated about changing “he” to “they”. As you said, gender doesn’t apply here, so the neutral word is literally preferable.


  • bjorney@lemmy.catoTechnology@lemmy.worldServo vs Ladybird.
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    1 month ago

    Yes, I’m sure that PR would have been accepted instead /s

    But you’re right, it doesn’t matter at all, the reasonable thing to do would have been for the guy to spend 3 seconds clicking the accept and merge button, or 6 seconds making your change. instead he wrote a comment stating that inclusive language has no place in his project



  • AFAIK if you spend at least 2 years studying here you automatically qualify for a 3 year work permit. I think rolling that into permanent residency is a lot easier than just applying for a work visa or PR out of the gate

    International student tuition is way more expensive here in Canada than it is for citizens, but I’m not sure how it stacks up against normal US tuition.

    Grain of salt, everything I’ve said is based on anecdotes from people I know who went through it


  • Glass will absorb and retain more heat for longer;steel will absorb energy and heat up more quickly, and dump it just as fast.

    Which was my point - 400g of room temperature ceramic is going to absorb way more heat from 250ml of boiling water than would be lost from the glass-air (or even steel-air) interface during the 2 minutes it takes to do a pourover.

    If both cones are preheated thoroughly, yes, the steel cone will shed heat faster, however I feel like this is also negligible compared to evaporative heat loss and subsequent transfer to a cup








  • Words are the least secure way to generate a password of a given length because you are limiting your character set to 26, and character N gives you information about the character at position N+1

    The most secure way to generate a password is to uniformly pick bytes from the entire character set using a suitable form of entropy

    Edit: for the dozens of people still feeling the need to reply to me: RSA keys are fixed length, and you don’t need to memorize them. Using a dictionary of words to create your own RSA key is intentionally kneecapping the security of the key.