Will the latest AMD GPUs be supported as well on POWER9 as under amd64 by the FOSS drivers or will extra kernel work or an updated, PPC64-friendly firmware be required?
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POWER9 Could Be A Game Changer For Cryptocurrency Mining
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Originally posted by aht0 View PostMoving those numbers does not come free for a bank, by the way. They do have to keep up the support structure that allows you doing it in the first place. Which ain't cheap. Look up the money you need for running your own data centers.
Originally posted by aht0 View PostSame with criminality and need for privacy. What business can really track it's competitors transaction? Get real. In reality such powers are entitled to governmental structures, unless you are talking about some Third World corrupt shithole where business may be paying government and receive "services". If you try to do business in such place - be smarter. Nobody really fucking cares nor follows if you received non-descript box with a artificial vagina or not. To bring it as beating argument for justifying the need for cryptomining is sort of hilarious
And what if the box had something a little more fetishistic? Would you want an IRS agent to know you were into (x fetish) during an audit? And you're wrong, some people really care, even it it's none of their business, especially if it's none of their business. Not to mention what is or is not properly the business of the public at large is a heated issue.
Point being privacy, autonomy, and intimacy are universal and inter-related needs, not some hallmark of criminal deviancy. (True crime, that is something that directly causes loss, harm, or injury)
Originally posted by aht0 View PostSelective thinking. Ignore what fits you, bring up what fits you.
Criminality. A lot of ransomware nowadays asks for cryptocurrency. All sorts of shady activities can be financed by it. If companies used it exclusively - it could evade taxes to no end - in the end fucking up whole economies. What do you think would happen to a country that has 95% of it's economy "black"? It would kill the prosperity deader than door nail faster than you can say "boo.." Do you like Africa everywhere?
You may hate governmental structures and preach freedom but in the end - it's the hated State which provides oversight, set of rules and more or less even playground for all. Remove one - you have anarchy in no time. Back-to-feudalism-ABC.
I fucking pray to God that countries simply banned that idiotic cryptocurrency. It would stop yet another facet of endless waste of resources (like we did not have enough already), stop speculations with graphics cards, make harder to finance criminal activities, make harder to evade taxes, make harder to hide your perversions.. Want some transaction to be anonymous - use fucking old-fashioned cash.
We anarchist won the crypto wars. Not because people adopted our ideals, they still lose sleep because some "bad guy" somewhere out there might have "gotten away with something". We won because cryptography tools were built and became indispensable to our way of life. Twenty years from now, not being able to transact peer to peer without any middle-man is going to be seen as a hassle or a bore. You haven't been paying attention if you don't think that many central banks are going to roll out sort of blockchain in the next five years.
I've got to say those ransomware dudes have a lot better "customer" service experience than the IRS does, and they aren't funding a never-ending war in the middle-east. And the government isn't going to collapse when more people begin evading or avoiding income taxes in the same way all the multinationals do anyways. It's going to force a tax to come out against revenue which should simplify tax "obligations" (realy extortions) and make smaller and mid-size businesses more competative.
People inter the black market when open business is impossible, confusing, or ruled by arbitrary and quickly changed rules of petty bureaucrats. Cuba and the U.S.S.R have had black markets of over 50% of GDP simply because there were so many rules and controls. Yes governments make rules, but they often do so to empower themselves, benifit their friends, and punish their enemies. If you are unfamiliar with literature on regulatory capture, you haven't been paying attention.
We have a pretty good idea of the basic set of rules that leave space for peace and prosperity. Government is not magic, it's just men and women working together. I believe based on a great deal of research and discussion on my part, that there batter ways to cooperate that are less prone to the abuse by authoritarian personalities.
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Originally posted by aht0 View PostMoving those numbers does not come free for a bank, by the way. They do have to keep up the support structure that allows you doing it in the first place. Which ain't cheap. Look up the money you need for running your own data centers.
Originally posted by aht0 View Post
Same with criminality and need for privacy. What business can really track it's competitors transaction? Get real. In reality such powers are entitled to governmental structures, unless you are talking about some Third World corrupt shithole where business may be paying government and receive "services". If you try to do business in such place - be smarter. Nobody really fucking cares nor follows if you received non-descript box with a artificial vagina or not. To bring it as beating argument for justifying the need for cryptomining is sort of hilarious
And what if the box has something a little more fetishistic? Do you want the IRS agent auditing you to know about your fetish? And some people do care even though it's none of thier business. And then there's the whole matter of what is and is the business of the public at large being hotly debated and ever-changing. And some people do make a big stink even though have no objective grounds to.
Privacy, autonomy, and intamacy are intelinking basic human needs, not some hallmark of criminality. (Taliking true crime here as behavior that directly causes loss, harm, or injury)
Originally posted by aht0 View Post
Selective thinking. Ignore what fits you, bring up what fits you.
Criminality. A lot of ransomware nowadays asks for cryptocurrency. All sorts of shady activities can be financed by it. If companies used it exclusively - it could evade taxes to no end - in the end fucking up whole economies. What do you think would happen to a country that has 95% of it's economy "black"? It would kill the prosperity deader than door nail faster than you can say "boo.." Do you like Africa everywhere?
You may hate governmental structures and preach freedom but in the end - it's the hated State which provides oversight, set of rules and more or less even playground for all. Remove one - you have anarchy in no time. Back-to-feudalism-ABC.
I fucking pray to God that countries simply banned that idiotic cryptocurrency. It would stop yet another facet of endless waste of resources (like we did not have enough already), stop speculations with graphics cards, make harder to finance criminal activities, make harder to evade taxes, make harder to hide your perversions.. Want some transaction to be anonymous - use fucking old-fashioned cash.
Black markets are caused by flawed rules. When rules make open business impossible confusing, or subject to vague and arbitrary whims, people seek the black market. Cusa and the U.S.S.R were largely kept afloat my massive black markets that routed around damaging rules. We already know the half dozen or so basic conditions that make room for peace and prosperity. We also know that government often don't act to further these ends, and instead act to increase thier own power, to reward thier friends, or punish their enemies. Regulatory capture and mission bloat are great examples.
We anarchists won the crypto wars, not because we won hearts and minds, but simply we built crypto tools that are indepensible for everyday life. Blockchains will win because people will find money so much easier to do without middlemen. If you think that central banks won't start leveraging blockchain tech in the next five years, you haven't been paying attention.
Increased tax evasion is not a bad thing, as the big multinationals already do it. Once the little guys start, you'll see a shift to tax on revenue and capital, which could provide a lot more of an even playing field in business.
And as nice as cash is, I can't make a payment remotely, and it's not very difficult to steal. Additionally, if you don't think there's an increasing Internationale effort by central banks against cash, you haven't been paying attention. They are literally drooling at the prospect of negative interest rates.
At the end of the day there is nothing magical or particularly special about government. It's just men and women working together. And after a great deal of research, discussion, and introspection, if firmly believe there are better ways to cooperate than to establish and maintain a coercive monopoly upon dispute resolution.
Last edited by WorBlux; 10 November 2017, 05:46 PM.
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Originally posted by WorBlux View PostBanks sure don't act like they have a cash flow problem .. executive bonuses, stock buyback, speculative investments out the wazoo. And every year you can do more in a datacenter with less hardware. Even with overhead of Hashing, cryptocoins, by leveraging commodity hardware and public networks can operate with a much lower cut.
Originally posted by WorBlux View PostI was speaking in comparison to a open ledger cryptocurrency. An open ledger and conventional big-data tools could reveal quite a bit. If you don't think meta-data is informative, you haven't been paying attention.
And what if the box has something a little more fetishistic? Do you want the IRS agent auditing you to know about your fetish? And some people do care even though it's none of thier business.
Originally posted by WorBlux View PostBlack markets are caused by flawed rules. When rules make open business impossible confusing, or subject to vague and arbitrary whims, people seek the black market. Cusa and the U.S.S.R were largely kept afloat my massive black markets that routed around damaging rules. We already know the half dozen or so basic conditions that make room for peace and prosperity. We also know that government often don't act to further these ends, and instead act to increase thier own power, to reward thier friends, or punish their enemies. Regulatory capture and mission bloat are great examples.
You may want to check up how big portion of USSR's "economy" was black market and "under the counter"-system but I can just tell you - it was most of it. You went to grocery store - all you could generally get from there - were soap, salt and matches. Unless you had "hand in" and knew people - who informed you when something was coming or were willing to put something aside for you. Whole fucking system ran on special private deals, bartering and plain stealing. Akin to anarchists, officially everything was owned by State - which meant it was ripe for plucking - IF you could get away with the stealing.
Originally posted by WorBlux View PostWe anarchists won the crypto wars, not because we won hearts and minds, but simply we built crypto tools that are indepensible for everyday life. Blockchains will win because people will find money so much easier to do without middlemen. If you think that central banks won't start leveraging blockchain tech in the next five years, you haven't been paying attention.
Originally posted by WorBlux View PostIncreased tax evasion is not a bad thing, as the big multinationals already do it. Once the little guys start, you'll see a shift to tax on revenue and capital, which could provide a lot more of an even playing field in business.
US tax code is more than 70 000 pages of legal text. With enough money and resources you would eventually find some loopholes allowing you to pay less. Legally. Chasing such legal loopholes makes sense if you could save more than 1 000 000 USD in a year. Chasing such loopholes is not cost effective when you stand to save perhaps 1 000 USD in a year. Because you'd have to pay people ferreting such holes (which are moving target) tens of thousands of dollars for their effort alone. Unless you read as fast as a computer does, have IQ of 200 and legal background - you won't do it alone.
"paying-less"-tax evasion is a completely different beast from "not paying taxes at all" cryptocurrency deals because with the latter there is no way to fucking check anyone's transactions. Whole civilization works on redistribution of wealth and also using a cut from it for providing public services. Like schools for example. Suddenly - no money in State treasury, no social welfare - nothing.
I bet low-income people would flat out love it. Not.
Eventually it would cause way more massive difference in income - with most people dirt poor, massive increase in criminal activities (there would be no money to pay for law enforcement) etc etc.. It would eventually disrupt whole civilization and make it fall apart.
Your "anarchism" theory is "nice" until you do have bigger civilization close-by that would help supporting your lives with stuff you won't and can't make. And keeps crimes at check. When it all falls away - you'd be no better than bunch of cavemen, along with other cavemen. Everyone taking from everyone else and fighting to death over scraps 24/7/365. That's what you want, correct? No? But it's where anarchism would lead to.
Originally posted by WorBlux View PostAt the end of the day there is nothing magical or particularly special about government. It's just men and women working together. And after a great deal of research, discussion, and introspection, if firmly believe there are better ways to cooperate than to establish and maintain a coercive monopoly upon dispute resolution.
Let's say we do kill off the civilization and about 10% of people survives the experience. What would happen? Process of creating civilization would simply restart. Because in bigger numbers people would find safety, people would bunch together but from certain threshold you'd have to bring in shit like taxes and organization. Oh, and you'd have buttload of misery along the process of re-creating the civilization. Anarchism is just another self-destructive ideology thought about clueless and naive people who have had no encounter with harsher facets of life.
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Originally posted by WorBlux View PostI think you definition of criminal is a little too narrow. Have you seen what credit cards charge merchants? Just over 3%. And a bank wire transfer starts at $10. Just for moving a couple numbers around in computer memory? And how about TARP? The customer service and fee scams you see pop up every 3 months or so? The banking monopoly needs to die.
Can't say I've got much experience in wire transfers, but basic bank transfers are also included in the base fee you pay for your banking services and this applies to businesses as well. All in all your complaints are really more to do with bad improper implementations of things rather than anything wrong with the underlying technology.
And even with a strict definition, there are still transactions people may want to keep private that are perfectly legal: Abortions and other medical proceedures, sex toys and pornography, sales of used goods, and purchase of gifts. Additionally businesses may not want their competitors to be able to track all of their transactions. If crypto-currencies take off like many expect, of course there is going to be legitimate demand for some sort of privacy in day to day transactions.
In all seriousness, crypto "currencies" are essentially the financial transaction equivalent of using a handgun as a hole punch. Sure it does one perfectly reasonable job, but there's plenty of other tools that do the same job without having multiple seriously less-than-legal alternative uses for the tool.
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Originally posted by arakan94 View Post
Barely as fast as Xeon? In what?
POWER is niche platform specialized to certain tasks. And it's WAY faster than any x86 CPU in them. This article just says that calculating hashes is one of those areas
Also, IBM Mainframe cpus are much faster than x86? Well, they are not. IBM has never posted any Mainframe benchmarking vs x86. Never ever. For a reason; they are dog slow. Just watch the POWER9 benchmarks, it will be hardly faster than x86. For a much higher price. Post benchmarks here, and I will agree it is faster if you can find any benhcmarks.
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Originally posted by aht0 View PostIt does not mean it comes for free for them. YOU would not want to provide services for free either, do you? It's just part of expenses.
You do still have the option of cash. It is also untraceable.
And actually all bank notes are serialized, it may only be a matter of time before all banks and ATM's are required to track which notes go out to whom. And again you conveniently ignore the international war on cash. There is no guarantee whatsoever central banks will continue to issue cash into the future.
Originally posted by aht0 View Post
I know ALL about the black market. I was born in Soviet Union bit before the big period of deficit began, I lived in it until I was teenager and it fell apart.
You may want to check up how big portion of USSR's "economy" was black market and "under the counter"-system but I can just tell you - it was most of it. You went to grocery store - all you could generally get from there - were soap, salt and matches. Unless you had "hand in" and knew people - who informed you when something was coming or were willing to put something aside for you. Whole fucking system ran on special private deals, bartering and plain stealing. Akin to anarchists, officially everything was owned by State - which meant it was ripe for plucking - IF you could get away with the stealing.
Originally posted by aht0 View PostThis ideology is as workable in reality as socialism is. It is itself faulty.
Originally posted by aht0 View PostDo make mental distinction about "not paying tax"-type of evasion and "paying-less-because-law-allows-for-it"-type of evasion. You are putting both together and treat them as same. It ain't same.
Originally posted by aht0 View PostUS tax code is more than 70 000 pages of legal text. With enough money and resources you would eventually find some loopholes allowing you to pay less. Legally. Chasing such legal loopholes makes sense if you could save more than 1 000 000 USD in a year. Chasing such loopholes is not cost effective when you stand to save perhaps 1 000 USD in a year. Because you'd have to pay people ferreting such holes (which are moving target) tens of thousands of dollars for their effort alone. Unless you read as fast as a computer does, have IQ of 200 and legal background - you won't do it alone.
Originally posted by aht0 View Post
"paying-less"-tax evasion is a completely different beast from "not paying taxes at all" cryptocurrency deals because with the latter there is no way to fucking check anyone's transactions. Whole civilization works on redistribution of wealth and also using a cut from it for providing public services. Like schools for example. Suddenly - no money in State treasury, no social welfare - nothing.
But even without independent blockchains, western nations are heading full speed towards bankruptcy. Increasing regulation is slowing growth while demographics have turned upside-down, leading to hundreds of trillions of unfunded liabilities in the U.S. alone. The current road is a dead end,
Originally posted by aht0 View Post
I bet low-income people would flat out love it. Not.
I think it will be a lot better for everyone to have parallel institutions established so as to allow a reasonably paced transition that to face a sudden collapse.
Originally posted by aht0 View PostEventually it would cause way more massive difference in income - with most people dirt poor, massive increase in criminal activities (there would be no money to pay for law enforcement) etc etc.. It would eventually disrupt whole civilization and make it fall apart.Originally posted by aht0 View PostYour "anarchism" theory is "nice" until you do have bigger civilization close-by that would help supporting your lives with stuff you won't and can't make. And keeps crimes at check. When it all falls away - you'd be no better than bunch of cavemen, along with other cavemen. Everyone taking from everyone else and fighting to death over scraps 24/7/365. That's what you want, correct? No? But it's where anarchism would lead to.
Originally posted by aht0 View Post
Oh, it's very special. You know why? Such organization cannot be put together out of nothing, fast. If you cannot think on it yourself, you are stupider than you think. First thing it needs, is simple common widespread literacy. Which cannot be provided without public education. Our civilization as it is now, has been built stone-by-stone over the thousands of years. Even the democracy presumes couple centuries worth of political development and ideas. Reason you simply cannot "export" it to Arabs. They utterly lack the political tradition and so the system simply falls apart in no time. There has to be tradition, sufficient amount of people who like it - agree to it's rules and work for it. Disrupt the functioning of such civilization seriously enough and it would fall apart like house of cards.
Additionally I've studies history and know that public education is not necessary for literacy. New England had literacy rates in excess of 90% before government schools were established. What created widespread literacy were the capital advances that freed families from the necessity of child labor. Additionally literacy does not take 13 years to teach. 50 hours of one on one training is sufficient to grant basic literacy, with further advance mainly coming from practice. Public schooling was implemented to advance the goals of would-be social planners. (Against School, John Taylor Gatto)
Originally posted by aht0 View PostLet's say we do kill off the civilization and about 10% of people survives the experience. What would happen? Process of creating civilization would simply restart. Because in bigger numbers people would find safety, people would bunch together but from certain threshold you'd have to bring in shit like taxes and organization. Oh, and you'd have buttload of misery along the process of re-creating the civilization. Anarchism is just another self-destructive ideology thought about clueless and naive people who have had no encounter with harsher facets of life.
So the point isn't to destroy, it's to build alternative parallel institutions that are simply better than what is possible under government control. Western governments are already committed financially to a path of bankruptcy. At which point give up power, control, and a lot of spending (which pretty much no government ever has voluntarily done), or go full totalitarian. We are building life-boats and emergency kits, because what mathematically cannot continue, will not continue.
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Originally posted by L_A_G View Post
In all seriousness, crypto "currencies" are essentially the financial transaction equivalent of using a handgun as a hole punch. Sure it does one perfectly reasonable job, but there's plenty of other tools that do the same job without having multiple seriously less-than-legal alternative uses for the tool.
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Originally posted by WorBlux View PostThere's a very good reason to have a handgun, and that's personal self defense. Likewise crypto could prove a very useful defense against central bank shenanigans (inflation, bail-ins, negative interest rates, capital controls.)
Just like handguns for "self defense", internet funny money causes more problems than what it actually solves or pretends to solve...
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Originally posted by L_A_G View Post
That may be the american interpretation, but over here in europe we're smart enough to understand that handguns and other firearms for "self protection" cause more problems than they actually solve so we don't allow people to have them for that reason. You need to look no further than the almost weekly mass shootings the U.S has had for the last decade or so for an explanation as to why we restrict gun ownership a lot harder than you do.
Just like handguns for "self defense", internet funny money causes more problems than what it actually solves or pretends to solve...
Should you stop selling stoves because a few houses have burnt down? Or will you admit a full analysis takes more than looking at a few negatives?
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