3 ms·

demand and offer, I wander why the elitist hacker rank "liberal" people don't get it, the difficulty is so high because there is a lot of hash power, the networ

demand and offer, I wander why the elitist hacker rank "liberal" people don't get it, the difficulty is so high because there is a lot of hash power, the network would be fine with much less, I think around 15% of the current one. On the logic of banning stuff for power saving, we should ban video games and movies.

jvanderbot 9y ago
Of course the network could operate with less competition. But it is designed to incentivize participation. The temptation to dominate the network / hash power inevitably produces high energy usage. Again, by design. I'm not sure that's a liberal standpoint, and admitting the reality of some people associating bitcoin mining with "wasteful" energy usage is not a flaw in logic.
rothbardrand 9y ago
Most of the people on this site are hard left, and not very much into hacking... there are junior developers and wannabe CEOs with MBAs here. You're not going to find cypherpunks on hacker news, generally. So, anything that fits the hard left agenda is promoted, without regard to its scientific or technical accuracy, even when it's against the startup ethos that created silicon valley in the first place.
- jacquesm 9y ago
  Please stop your continuous stream of personal attacks and your rants against the 'left', which besides lowering the general level of discourse is factually incorrect in many ways.
- orwin 9y ago
  You could use less spite and disdain for your comment i think. You probably already know that convincing yourself that your outgroup is dumb and unqualified is a tribal ego-boosting technique, but a reminder never hurt.
- ben_w 9y ago
  My girlfriend self-describes as a revolutionary Marxist. Trust me when I say I have yet to see a single genuinely “hard left” comment on Hacker News.
anow2 9y ago
Lmao 1) What Liberal? Who brought that up? 2) You clearly respect/look up to the "Elitist Hacker Rank" 3) You admit they are better than you (in this instance) then say you know better than them. They are dumb because you see something they don't. 4) They think the exact same about you. 5) The irony of a conservative not understanding supply/demand - when calling out liberals is hilarious. Please don't bring your identity politic bullshit into this. Liberal v Conservative, both sides can do their job without thinking about Government.

jvanderbot 9y ago

Of course the network could operate with less competition. But it is designed to incentivize participation. The temptation to dominate the network / hash power inevitably produces high energy usage. Again, by design. I'm not sure that's a liberal standpoint, and admitting the reality of some people associating bitcoin mining with "wasteful" energy usage is not a flaw in logic.

rothbardrand 9y ago

Most of the people on this site are hard left, and not very much into hacking... there are junior developers and wannabe CEOs with MBAs here. You're not going to find cypherpunks on hacker news, generally. So, anything that fits the hard left agenda is promoted, without regard to its scientific or technical accuracy, even when it's against the startup ethos that created silicon valley in the first place.

jacquesm 9y ago
Please stop your continuous stream of personal attacks and your rants against the 'left', which besides lowering the general level of discourse is factually incorrect in many ways.
orwin 9y ago
You could use less spite and disdain for your comment i think. You probably already know that convincing yourself that your outgroup is dumb and unqualified is a tribal ego-boosting technique, but a reminder never hurt.
ben_w 9y ago
My girlfriend self-describes as a revolutionary Marxist. Trust me when I say I have yet to see a single genuinely “hard left” comment on Hacker News.

anow2 9y ago

Lmao 1) What Liberal? Who brought that up? 2) You clearly respect/look up to the "Elitist Hacker Rank" 3) You admit they are better than you (in this instance) then say you know better than them. They are dumb because you see something they don't. 4) They think the exact same about you. 5) The irony of a conservative not understanding supply/demand - when calling out liberals is hilarious. Please don't bring your identity politic bullshit into this. Liberal v Conservative, both sides can do their job without thinking about Government.