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Hash, Inc. - Animation:Master

Roger

*A:M User*
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Posts posted by Roger

  1. Well Intel's top end xeons start at $1000 and go up to around $3000, so if AMD releases their 32 core cpu for anything less than $1500 they will crush the datacenter market and steal their lunch. I will be sorely tempted to buy one but will probably have to wait until they hit the used market, I imagine a new system based around a 32 core system would be at least $2500. And I just can't spend that kind of money on something that is a "want". But damn...if money were no object.

  2. Sad news.

     

    I wish everyone could have the experience I had of seeing my first "Wallace and Grommit" cartoon in a theater in the 90s with a thousand other fans and sensing that animation could be wonderful again.

     

     

    A tribute: Peter Sallis, voice of Wallace dies aged 96

     

    I remember the first Wallace and Grommit I saw was a double feature of Wrong Trousers and Close Shave in one of my animation classes and they were amazing.

     

    He will definitely be missed.

  3. Something I'm not clear on... when you mine a bitcoin you are basically being rewarded for doing the work of verifying or clearing bitcoin transactions.

     

    But is some extra busy-work added to slow down the addition of new bitcoins to the supply?

     

    I figure there must be if they've announced that are going to decrease the reward for mining.

     

    To the best of my knowledge, they increase the difficulty of the hashing algorithm so that over time, as more bitcoins are mined, it becomes exponentially harder to mine the things. There are only ever meant to be 21 million bitcoins in circulation, some of these have been lost forever. Originally way back when bitcoin was in its infancy there were people mining them with CPU based systems, then GPU based systems. The only way anybody is mining them now is with custom ASIC miners or farms of the darn things. I don't think there are any individual miners (or not many, anyway) still in the game. I had contemplated setting up a Litecoin mining rig at one point (alternative cryptocurrency) but never got around to it and it wouldn't be worthwhile now. Plus I didn't feel like spending the better part of 2 days setting the damn thing up.

     

    The whole thing just seems shady to me but not for the same reasons Rodney is worried about it.

     

    However, if you live in a country with currency controls or hyperinflation, Bitcoin can be a valuable way to hang onto your money.

    For most normal people, it is too volatile. The extreme deflationary nature of Bitcoin also makes it difficult to use as a currency,

    since it encourages hoarding.

     

    I think eventually we are going to see some sort of cryptocurrency take off as a standard that is backed by a major bank, I just don't know that Bitcoin will be it.

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