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Topic: would you buy a marked quantum scifi bitcoin for above par? - page 2. (Read 6248 times)

legendary
Activity: 2142
Merit: 1010
Newbie
No, I don't say wireless radiation (edit. lol. wireless and radiation is pretty the same) is impossible.
I only say that you always have losses if you transform one energy state for another.
And when this occures, there is almost always some heat involved.

I see, it's off-topic so let's don't derail this thread.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
It does, when you want to transform the energy into something else.
You cannot mine radiation so you have to convert it first to something useful.
In this process you always have losses, whether mechanical wear, EM radiation, IR radiation or whatever.

Ah, so http://www.wirelesspowersupply.net is scam!  Cheesy

No, I don't say wireless radiation (edit. lol. wireless and radiation is pretty the same) is impossible.
I only say that you always have losses if you transform one energy state for another.
And when this occures, there is almost always some heat involved.


legendary
Activity: 2142
Merit: 1010
Newbie
It does, when you want to transform the energy into something else.
You cannot mine radiation so you have to convert it first to something useful.
In this process you always have losses, whether mechanical wear, EM radiation, IR radiation or whatever.

Ah, so http://www.wirelesspowersupply.net is scam!  Cheesy
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
You just invented a perpetimum mobile.
Grin lol

No. Smiley
Even if 100.0% of radiated energy was caught then it still wouldn't violate laws of physics.

It does, when you want to transform the energy into something else.
You cannot mine radiation so you have to convert it first to something useful.
In this process you always have losses, whether mechanical wear, EM radiation, IR radiation or whatever.
legendary
Activity: 2142
Merit: 1010
Newbie
You just invented a perpetimum mobile.
Grin lol

No. Smiley
Even if 100.0% of radiated energy was caught then it still wouldn't violate laws of physics.

PS: http://en.wikipedia.org/wiki/Wireless_power
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Antennas also become warm.
A microwave oven is one high powered antenna, although there is only gibberish being sent to the product.

This led me to a thought... When Bitcoin mining rigs become very efficient (heat-wise) they will still radiate energy that can be "caught" and used for other things. An obvious countermeasure is to place other mining rigs powered solely by EM radiation around the main rig. This will lead to concentration of mining equipment in the same location, which is not very decentralization-friendly...

You just invented a perpetimum mobile.
Grin lol
legendary
Activity: 2142
Merit: 1010
Newbie
Antennas also become warm.
A microwave oven is one high powered antenna, although there is only gibberish being sent to the product.

This led me to a thought... When Bitcoin mining rigs become very efficient (heat-wise) they will still radiate energy that can be "caught" and used for other things. An obvious countermeasure is to place other mining rigs powered solely by EM radiation around the main rig. This will lead to concentration of mining equipment in the same location, which is not very decentralization-friendly...
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
A current touch a wire is never without resistance unless chilled to super conductivity temperatures, close to zero Kelvin.
Whenever there is resistance there is heat.

Besides, a clever mofo could possibly make a microwave oven from the EM radiation

I'm talking about wires behaving as antennas.

Antennas also become warm.
A microwave oven is one high powered antenna, although there is only gibberish being sent to the product.

legendary
Activity: 2142
Merit: 1010
Newbie
A current touch a wire is never without resistance unless chilled to super conductivity temperatures, close to zero Kelvin.
Whenever there is resistance there is heat.

Besides, a clever mofo could possibly make a microwave oven from the EM radiation

I'm talking about wires behaving as antennas.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
However, this technique will make mining more efficient but cannot make efficiency 100% so there will always be some heat dissipation although much less than current values.

Shift of dissipation to radio spectrum (caused by current going through wires) won't help you much, unless you take part in radioelectronic warfare and want to disrupt enemy's communications.
A current through a wire is never without resistance unless chilled to super conductivity temperatures, close to zero Kelvin.
Whenever there is resistance there is heat.

Besides, a clever mofo could possibly make a microwave oven from the EM radiation
legendary
Activity: 2142
Merit: 1010
Newbie
However, this technique will make mining more efficient but cannot make efficiency 100% so there will always be some heat dissipation although much less than current values.

Shift of dissipation to radio spectrum (caused by current going through wires) won't help you much, unless you take part in radioelectronic warfare and want to disrupt enemy's communications.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Satoshi invented a new element called bitcoinium, and all alt-coins are made of it too;
Not sure what to make of that analogy. It sounds homeopathic.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Electric heating is finally able to become efficient thanks to bitcoin.

Unfortunatelly, tech progress moves in a direction that leads to non-heating bitcoin mining rigs - http://en.wikipedia.org/wiki/Adiabatic_circuit.
Interesting read.
However, this technique will make mining more efficient but cannot make efficiency 100% so there will always be some heat dissipation although much less than current values.
legendary
Activity: 2142
Merit: 1010
Newbie
Electric heating is finally able to become efficient thanks to bitcoin.

Unfortunatelly, tech progress moves in a direction that leads to non-heating bitcoin mining rigs - http://en.wikipedia.org/wiki/Adiabatic_circuit.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
I fail to see the point of this rant.... nothing useful or particularly insightful...

Satoshi invented a new element called bitcoinium, and all alt-coins are made of it too; if you pay above par for bitcoinium you're getting ripped off.

Adam


You actually sum up a bunch of facts which were already running through my head in random order.
Thanks for confirming the thought.


I'm dreaming about electric cooking plates running miners underneath.
Or those store heaters they always have at the entrance blowing warm air.

Electric heating is finally able to become efficient thanks to bitcoin.

sr. member
Activity: 404
Merit: 362
in bitcoin we trust
I fail to see the point of this rant.... nothing useful or particularly insightful...

Satoshi invented a new element called bitcoinium, and all alt-coins are made of it too; if you pay above par for bitcoinium you're getting ripped off.

Adam
member
Activity: 66
Merit: 10
I fail to see the point of this rant.... nothing useful or particularly insightful...
legendary
Activity: 2128
Merit: 1073
There's a difference between decentralisation and fragmentation.  You can have a system that is decentralised, but if you have many mini-systems they wont be very decentralised, nor secure by definition; and much utility value comes from the network-effect of the larger system also.
You start writing like a bolshevik: http://en.wikipedia.org/wiki/Democratic_centralism . I'm pointing this just to make sure you are aware. I still enjoy your writing and read most of it.

member
Activity: 70
Merit: 10
Bitcoin trolls back
... scifi,  ... The universal AI...

Hmm, we might be approaching The Singularity sooner than we think:
https://www.youtube.com/watch?v=dHVtUw5wToA

Hopefully, a little bit of humor allows our brains to cool down and start thinking better Smiley
sr. member
Activity: 404
Merit: 362
in bitcoin we trust
Lets conduct a scifi thought experiment, and talk about Bitcoin...

I have just noticed "researching decentralization" in your forum signature. If we consider Bitcoin as the first step to decentralization then creation of millions small "Bitcoins" (let's call them altcoins) seems to be the second step in the same direction. But for an unknown reason you keep promoting only Bitcoin and trying to construct other systems on top of it. It would be great to know why...

There's a difference between decentralisation and fragmentation.  You can have a system that is decentralised, but if you have many mini-systems they wont be very decentralised, nor secure by definition; and much utility value comes from the network-effect of the larger system also.

It depends what you view bitcoin is, but I've come to view it as a generalised unit of proof of work measured in normalised electricity x time.  And from that point of view it doesnt seem possible to make a new unit, only to improve the unit (if its still an electronic proof of use of electricity at a given time, its always a bitcoin definitionally as it is the word to describe that thing).  As in the parable marking a bitcoin (a standardised electricity-time unit by definition) with a logo or brand and trying to sell it for above par with branding isnt creating decentralisation nor value.

Btw its really hard to improve bitcoin algorithmically or protocol.  The implementation has some known things left to improve, and they have a pretty comprehensive wishlist.  If people  want to work on improving bitcoin there is a github, developer mailing list, etc.  They're always looking for quality assurance, code security review, documentation writers, and protocol & code review.

Adam
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