Transcript for 02-08-2017, 90 lines:
00:00:04 punkman: 60 blocks behind eh?
00:01:07 kakobrekla: so 5.5 EH for btc and 3.3 for BTC
00:01:11 kakobrekla: eh
00:01:16 kakobrekla: 5.5 for BTC 3.3 ETC
00:01:19 kakobrekla: BCC
00:01:22 kakobrekla: whatvver the fuck
00:01:23 punkman: I think they might be counting hashrate from before the fork
00:01:53 kakobrekla: sorry im under the influence, cant handle acronyms
00:02:13 punkman: 24h tx count: 132,645 and 77,456
00:02:25 punkman: weren't they struggling to fill blocks
00:02:28 funkenstein_: well blocks are coming in and difficulty is the same as btc
00:02:59 funkenstein_: and yet btc shows no major drop in hashrate
00:04:04 kakobrekla: last block took 2 hrs
00:04:23 kakobrekla: before that 3 in 1 hour
00:04:45 funkenstein_: oh yeah a five hour drought in there
00:15:55 funkenstein_: punkman is right they are counting hashrate from before the fork
00:16:16 funkenstein_: so they need another 1000 or so blocks at current difficulty to make it to the next difficulty adjust
00:16:35 kakobrekla: i heard some other stories
00:16:54 funkenstein_: do tell :)
00:17:34 kakobrekla: that diff adjust is just around the corner, they possibly changed the algo
00:19:15 kakobrekla: --
00:19:16 kakobrekla: Forking rule:
00:19:16 kakobrekla: “REQ-7 Difficulty adjustement in case of hashrate drop
00:19:16 kakobrekla: In case the MTP of the tip of the chain is 12h or more after the MTP 6 block before the tip, the proof of work target is increased by a quarter, or 25%, which corresponds to a difficulty reduction of 20% .
00:19:16 kakobrekla: RATIONALE: The hashrate supporting the chain is dependent on market price and hard to predict. In order to make sure the chain remains viable no matter what difficulty needs to adjust down in case of abrupt hashrate drop.”
00:19:21 kakobrekla: --
00:20:45 kakobrekla: >One thing is for certain: if you want to maximize your holdings, it’s in your best interest to get your Bitcoin off third-party services and control your own private keys before August 1st.
00:20:54 kakobrekla: funny he should say that, cause it may not be the case :D
00:21:42 kakobrekla: the price started higher than it is now, and deposits to exchanges are still mostly not working
00:22:11 kakobrekla: the only ones that were able to sell at a past high were those who left it on exchanges that forked it for them before deposits are operational
08:18:02 adlai: in other news: "August?s event will target the Cryptocurrency, Psychedelic and Cannabis cohorts and we are honored to have the Multidisciplinary Association for Psychedelic Studies (MAPS) as our non-profit benefactor."
08:18:51 assbot: Logged on 02-08-2017 00:01:53; kakobrekla: sorry im under the influence, cant handle acronyms
09:05:00 kakobrekla: hm maps, isnt that an american thing
09:10:22 kakobrekla: this buttcoin cash surprisingly stong so far
09:10:36 kakobrekla: possibly cause the deposits are still, well, not-there
10:34:32 kakobrekla: nice find re serpent, lulzy
10:34:55 kakobrekla: meanwhile bcc at 0.2 btc
13:25:22 kakobrekla: no block in last 10h or smth
13:26:58 pankkake: when does the difficulty adjust? depending on how it works it may make more sense to mine btc temporarily
13:27:21 asciilifeform: didn't they fudge the difficulty equation ? so why have this problem.
13:27:34 pankkake: basically anyone mining it right now is taking a loss while it will be easier soon
13:28:08 pankkake: but even if they shortened the difficulty adjustment they might have to make those first harder blocks
13:31:01 kakobrekla: plus no deposits on exchanges is keeping the price high
13:35:22 punkman: top kek
15:59:45 kakobrekla: circus is back in the house; https://twitter.com/gavinandresen/status/892717872442683392
16:39:44 pankkake: duh, I'll do it to
16:40:06 pankkake: that's the whole point of bitcoin, he's just attention whoring
19:47:47 kakobrekla: so anyone else managed to get some btc for the bcc yet
20:12:50 funkenstein_: only on a couple coins that happened to be on an exchange as you described kakobrekla
20:13:05 funkenstein_: something unsavory about this: https://github.com/Bitcoin-ABC/bitcoin-abc/blob/master/src/pow.cpp
20:22:10 kakobrekla: funkenstein_, i managed to move mine on an exchange in time actually
20:22:22 kakobrekla: average exit price was 0.222 btc per
20:22:47 kakobrekla: did not sell all though
20:33:18 funkenstein_: wow nice work
20:44:35 kakobrekla: O_o
20:45:16 kakobrekla: how is 'hostel' in mining biz
20:45:41 asciilifeform: presumably bought a box or dozen and plugged in ?
20:45:43 asciilifeform: i've nfi.
20:45:52 kakobrekla: it reads like "this butcher was running a dentistry for a week"
20:46:04 kakobrekla: or something
20:46:13 asciilifeform: there's the occasional veterinar who runs abortuary etc
20:46:18 asciilifeform: so not exactly unheard of.
20:46:57 kakobrekla: maybe i gave out a bad example :)
20:47:16 asciilifeform: i knew a d00d who ran a miner right inside a cube in a godforsaken cube farm office.
20:47:27 asciilifeform: anywhere with 'unlimited' mains current, will sprout miners.
20:48:02 kakobrekla: unlimited usually means someone else pays
20:48:13 kakobrekla: i doubt hostel is in such position
20:48:47 asciilifeform: iirc in cn electric is often bought in bulk.
20:48:54 asciilifeform: rather than per-kW/hr
20:49:04 asciilifeform: but i've nfi.
20:55:51 kakobrekla: anyway cool if true
21:41:12 kakobrekla: i made a mistake selling, should buy more for comic value
22:14:11 funkenstein_: careful you'll pay a hefty comedy gains tax
23:47:21 kakobrekla: this might have more pemp innit though