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Stive Pesley

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Posts posted by Stive Pesley

  1. 1 hour ago, cstand said:

    If you resisting something you are feeding it.

    Any energy you are fighting you are feeding it.

    If you are pushing something away you are inviting it to stay forever.

    If you have no alternative you are just playing devils advocate.

    If you criticise everything you will never create anything.

    Parklife!

  2. 1 hour ago, NottsRam77 said:

    Have to agree to disagree on that one 👍

    Yeah fair enough. I can see the benefits - but it's easy to look at it through the lens of a privileged BTC devotee from the developed world. White saviours and all that.

    People have been living in Malawi without electricity for literally thousands of years. It's funny how giving it to them now - when there is muchos bitcoin to be made using their land and their resources, that we suddenly get so benevolent

    Another laughing emoji incoming for me from the resident blackshirts 😂

  3. 3 hours ago, NottsRam77 said:

    Not sure how u come to that conclusion😂

    The btc is used to pay for the infrastructure and maintanance of the grid. 
    an electrical grid doesnt just wire itself up and maintain itself… there is also the issue of lost energy which is a global problem.. an energy grids usage isnt just a constant usage no matter what time of day and night… 5pm everyone home from work, kettles go on, ovens go on, lights go on.. so a grid needs to be able to hold and store for that surge in demand but then if it has that capacity then at 2 in the morning when everyone is asleep theres loads of wasted electricity and money.

    bitcoin monetises this wastage and makes the grid … in a remote part of the world sustainable 

     why do u think we pay a daily standing charge ? It isnt just to make the shareholders rich… actually .. scratch that lol
     

    Well, yeah I get all that, but are you really saying that ALL the BTC that these villages mine = the exact cost of the maintenance of the equipment? Whatever - the BTC ends up in the wallets of the people who supply and maintain the equipment. They will be making a huge profit - especially given the current trajectory of BTC value

    I guess that I naively thought these third world villages were getting electricity AND a good chunk of the BTC they mine

    It's classic colonialism

  4. 3 hours ago, NottsRam77 said:

    I taking this from the talks i sat through at btc atlantis, but The btc they make from mining is used to fund the infrastructure that otherwise wouldnt be possible to maintain. So without the miners the whole premise of providing electricity to these places wouldnt be possible… the btc pays for the upkeep of the electrical grid so to speak.

    Wow - so it's pure exploitation? The "saviours" in the developed world give them some free electricity, and in return they get a constant source of free BTC. That's pretty grim

  5. 14 hours ago, NottsRam77 said:

    https://unherd.com/2024/01/the-african-village-mining-bitcoin/
     

    To me this is revolutionary … if u live in a part of the world where previously you could only dream of having electricity. 

    It's a little light in detail, but seems to be saying that they have installed three hydro turbines that give the village electricity. Whatever excess electricity they generate is used to run a BTC mining rig, but it doesn't really explain what happens to any BTC they successfully mine. Who owns it? 

    How much can they realistically mine? After halving there will only be around 400 BTC mined daily across the whole globe, so how much one village with a water  powered generator can mine is probably going to be quite small

    If you scale this up, it just means the rewards are spread more thinly

    Not convinced

  6. It's certainly the largest flaw in the bitcoin design, that it takes such massive amounts of energy to mine, so I hope they can figure it out. 

    That and the fact that it's just 0s and 1s on a computer at the end of the day. Come the next Carrington event, they will all just disappear. At least gold as a store of value actually exists!

  7. 3 hours ago, Chester40 said:

    Mr In-between

    Finished it and am gutted. No-one else seems to have watched it - but I will keep banging the drum!

    As I've said before, its kinda similar to 'Barry'. But I prefer it. Is less glitzy and has less deliberate humour. Feels more real and I find it more impactful for it.

    He's a bouncer and  low level assassin for hire, trying to navigate his way through life. No silliness with the violence,  he's a normal bloke who will do whatever it takes to get money to survive. Dialogue and the way its delivered feels very believable and there are lots of situations where you really are on his side, and you care about the other aspects of his life even though he does terrible things.

    where can you watch it? Sounds good!

     

    scratch that - I see it on Disney Plus. Added to watchlist

  8. Good article about Voyager 1 here, and how they think they may be able to issue a Jet Set Willy-style poke to get the computer working again, but it at least demonstrates the problem of how long it takes to send and receive messages

    https://www.theregister.com/2024/03/14/voyager_1_not_dead/

    Quote

     A command from Earth takes 22.5 hours to reach the probe, and the same period is needed again for a response. This means a 45-hour wait to see what a given command might have done.

    That's going to be heaps of fun for Johnny Martian - sat there holding his breath, waiting for an answer to the request he's sent back to earth to ask how he fixes the oxygen system...

  9. 21 minutes ago, Seaside Ram said:

    At least your reply got a laugh off someone 😂 .

    One more than the "Comedian" in question ! 

    This is more like it - by all means have a dig about how she is really not that funny. But mocking her disability is really low - even for i-ram 

  10. 11 minutes ago, uttoxram75 said:

    Twitters solved it......

     

     

    she had an affair with tom kingston. he committed suicide on the same day kate middleton disappeared. she had a 'stomach operation' (abortion) because she was pregnant with tom's child.

    1:44 PM · Mar 11, 2024

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    366

    Views

    You see I didn't care AT ALL - but now you've added proper intrigue!

     

     

     

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