eventuallyalways

• eventuallyalways 29 Mar 2025 15:51 UTC

  1 point

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  in reply to: eventuallyalways’s comment on: (The) Light­cone is noth­ing with­out its peo­ple: LW + Lighthaven’s big fundraiser

  @habryka followup: I’m guessing no luck with this?

• eventuallyalways 14 Dec 2024 17:57 UTC

  6 points

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  in reply to: habryka’s comment on: (The) Light­cone is noth­ing with­out its peo­ple: LW + Lighthaven’s big fundraiser

  I also commit to donating £5k to lightcone if and only you can get UK gift-aid donation set up by the end of March.

• eventuallyalways 29 Jan 2018 7:39 UTC

  6 points

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  in reply to: Error’s comment on: A LessWrong Crypto Autopsy

  The figure’s misleading, because mining (these days) is done with specialised hardware: ASICs, chips dedicated to calculating SHA256 hashes (or whatever algorithm your favourite coin uses), which can calculate those approx.${10}^5$ times times faster (per second per $) than a general-purpose CPU—but can’t do anything else.

  So that implication may well be true in the sense that if all the worlds computers turned to mining bitcoin, the total mining capacity would only be increased by a couple percent over what it is at the moment (due to general-purpose computers being so inefficient at specific tasks compared to dedicated hardware). But false in the sense that very little of the world’s general-purpose compute capacity is tied up mining cryptocurrency.