home | log | search | bash |


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

00:04:04 kakobrekla: https://bitinfocharts.com/bitcoin%20cash/explorer/

00:04:04 assbot: Bitcoin Cash Explorer ... ( http://bit.ly/2uhQdIS )

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: --

00:19:30 kakobrekla: from https://medium.com/@jimmysong/bitcoin-cash-what-you-need-to-know-c25df28995cf

00:19:31 assbot: Bitcoin Cash: What You Need to Know – Jimmy Song – Medium ... ( http://bit.ly/2uhZ7px )

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

08:09:23 pankkake: https://blog.zeppelin.solutions/serpent-compiler-audit-3095d1257929

08:09:25 assbot: Serpent Compiler Audit – Zeppelin Solutions ... ( http://bit.ly/2u2G4oe )

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 adlai: re: >> http://log.b-a.link/?date=02-08-2017#1474472

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

13:25:13 kakobrekla: https://twitter.com/richiela/status/892647864274374656

13:25:14 assbot: Richie sur Twitter : "PSA: Ask me when $BCC opens when it produces 6 blocks in an hour. Until then, its pointless... @BittrexExchange" ... ( http://bit.ly/2u3BoOQ )

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

13:32:22 pankkake: https://www.reddit.com/r/btc/comments/6r2saj/can_we_get_gavin_andresen_and_mike_hearn_back_now/ lol

13:32:23 assbot: Can we get Gavin Andresen and Mike Hearn back now? : btc ... ( http://bit.ly/2u3Cuu3 )

13:35:22 punkman: top kek

15:59:45 kakobrekla: circus is back in the house; https://twitter.com/gavinandresen/status/892717872442683392

15:59:46 assbot: Gavin Andresen sur Twitter : "If BCH hashpower > BTC, I'll start referring to it as just 'Bitcoin' : https://t.co/vHChNvu7SJ" ... ( http://bit.ly/2uknKCl )

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

20:13:06 assbot: bitcoin-abc/pow.cpp at master · Bitcoin-ABC/bitcoin-abc · GitHub ... ( http://bit.ly/2uliQ7M )

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

20:42:46 asciilifeform: related lolz, http://archive.is/JGbb0

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

21:40:24 kakobrekla: https://twitter.com/jimmysong/status/892858079078825985

21:40:25 assbot: Jimmy Song sur Twitter : "Didn't realize this, but this has some consequences. Expect 12-hour outages every 2 weeks on BCH: https://t.co/9DvbZVJxqj https://t.co/NUPvg48Esk" ... ( http://bit.ly/2u5d92x )

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