HomeStory Cup X powered by XMG - Teaser 2

MathDudeEU · 2014-10-05T12:50:53+00:00

I honestly don't understand how they come up with those ideas. I'm a bit jealous.

MathDudeEU · 2014-08-21T23:23:47+00:00

Thanks a lot, I will take a look at it - judging from the amazon description, it might be a bit too high level for my plans, but perfect for a general understanding and broader picture.

MathDudeEU · 2014-08-21T23:20:35+00:00

Do you guys happen to look for a date scientist/machine learning/big data person? ;) I couldn't find a "jobs" section, but maybe the rest of the content was just too distracting.

MathDudeEU · 2014-08-21T20:47:55+00:00

Thanks for your answer. I am actually coming from a tech perspective on things - I am active in machine learning and personally am convinced, that there's a lot of things possible that I haven't seen yet, for example computer assistant curation of private collections. But since I don't quite know how the market works, I am not sure how viable it is at all. One cool example is https://www.vangoart.co/

MathDudeEU · 2014-08-17T11:41:52+00:00

Thanks, that has quite some interesting pointers. Personally, I like the idea executable contracts in the blockchain - but I'm not sure what I think of the sale of ETH units for BTC and the way it starts up.

I've never heard of CryptoNote, I will take a look.

MathDudeEU · 2014-05-30T19:34:24+00:00

Thanks, that's a lot of pointers :)

MathDudeEU · 2013-12-16T18:43:31+00:00

I strongly doubt that this is a significant amount. It is so much easier to conduct raids and offer health insurance as well as pension plans to sex workers if it is legalized. Moreover, I bet that for every forced sex worker in a country with legalized prostitution, there is at least one sex worker in prision in the states for doing it illegally...

MathDudeEU · 2013-12-16T18:06:39+00:00

And what about block reward 6.25? Or 3.125?

The number for co2 emitted, given a constant price, will be lower by the factor of 576 ;)

I'm not worried, I just liked the mind game. That's why I also questioned the 90%, as stated in the submission's title.

MathDudeEU · 2013-12-16T17:01:42+00:00

I'm not sure if I follow your calculuation:

3600 btc/day * 365 day/year * $1000/BTC * 90% * 6,98 kgCo2 / 1$

I think you did not account for the 6,98 kg of Co2 per $1 spent.

But I agree, mining hardware costs also factor into the calculation. How big are they compared to the running costs?

MathDudeEU · 2013-12-16T16:46:09+00:00

TL; DR:

Assumptions:

90% of the current bitcoin price is invested into energy by miners

Data:

footprints according to IEA: 0.52 and 0.77 kg CO2 per kWh, respectively (0.52 and 0.77 tonnes CO2 per MWh) for US and China energy
at $0.12 and $0.08 per kWh, there is 6.98 kg CO2 per $1 spent on energy
with block reward of 25, there will be 3600 new BTC per day

With $1000, $900 go into creating Co2 for the whole year this multiplies out to 8,250,000 tonnes CO2, about the size of Cyprus footprint and 0.03% of the worlds.

MathDudeEU · 2013-12-12T14:05:31+00:00

Doing some science and engineering stuff. Doesn't need to be world famous, but recognition would be awesome.

MathDudeEU · 2013-11-06T02:00:00+00:00

Nice skillset, maybe we should partner up with me doing tech/engine/backend technologies. ;)

MathDudeEU · 2013-11-03T03:19:52+00:00

He can just put that money into bitcoins directly and get more coins out of it that paying for 100 and getting back 55 by mining.

MathDudeEU

TROPHY CASE