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Next: Mining bitcoin with pool of monkeys with typewriters.
by ddorian43 9y ago
Next: Mining bitcoin with pool of monkeys with typewriters.
- TeMPOraL 9y agoMonkeys with typewriters are currently busy banging out whitepapers for ICOs.
- matthewrudy 9y agoA friend of mine writes and edits ICO whitepapers. He's very skilled and gets paid pretty well for those skills.
- TeMPOraL 9y agoThe fact alone that writing and editing ICO whitepapers (plural) is something an individual can do as a job makes me trust ICOs significantly less.
- philfrasty 9y agoYou have seen nothing yet https://www.fiverr.com/writer_clara/write-and-proofread-your-blockchain-ico-whitepaper https://www.fiverr.com/writer_clara/write-and-proofread-your...
- TeMPOraL 9y agoOh God. Given the quality of this gig description, at least we know that whitepapers written by that person will be immediately recognizable as scams.
- ckastner 9y agoAnd yet, people will still invest in it. The "Useless Ethereum Token" [1] subtitles itself as so: You're going to give some random person on the internet money, and they're going to take it and go buy stuff with it. Probably electronics, to be honest. Maybe even a big-screen television. Seriously, don't buy these tokens. And people still invested more than $40.000 in it [2]. [1] https://uetoken.com/ https://uetoken.com/ [2] https://qz.com/1023501/ethereum-ico-people-invested-thousands-of-dollars-in-useless-ethereum-token-uet/ https://qz.com/1023501/ethereum-ico-people-invested-thousand...
- TeMPOraL 9y agoBad example. That's one ICO I would actually buy into myself if I discovered it in time. I'm a believer in timely executed jokes, much like many other people on the Internet.
- notahacker 9y agoWhat's particularly alarming about that is he appears to have had at least three people purchase his service, two of them after the first had commented that it was substandard... You know a market's full of suckers when even the wannabe scammers aren't discerning enough to avoid being ripped off.
- mseebach 9y agoSmart money has always been on selling shovels to the gold diggers.
- deleted 9y ago[deleted]
- FatalBaboon 9y agoOn the bright side, maybe the cryptoworld is merely investing on better GPUs by metric-tons of cash.
- user5994461 9y agoLawyers charge exorbitant amounts for writing contracts. Selling papers is not a new invention.
- TeMPOraL 9y agoA whitepaper is not a contract. It's a description of "what does this do and why should you care", i.e. literally the thing you're buying into in an ICO.
- SilasX 9y agoHow is that any more objectionable than the existence of professional grant request writers?
- mv4 9y agoOver last couple of weeks, I received a dozen or so contact requests on LinkedIn from "Blockchain and ICO experts". They don't have any other verifiable jobs on their resumes.
- dalbasal 9y agoNo one is denying skills, just measuring skills on a “how many monkeys” scale.
- tromp 9y agoIf he wrote http://mimblewimble.cash/20160719-OriginalWhitePaper.txt http://mimblewimble.cash/20160719-OriginalWhitePaper.txt, I'd like to meet him!
- eertami 9y agoSure it takes skill to be a scam artist, but that doesn't mean such behavior should be tolerated.
- 55555 9y agoWow that sounds like a very morally fulfilling occupation.
- godzillabrennus 9y agoI think Narwals are the ones responsible for the IOTA white paper.
- thinkMOAR 9y agoThis made me laugh louder then i should i guess :D
- progx 9y agoi thought they write the next Hollywood-Blockbuster?
- 3chelon 9y agoNo, they're way too good for _that_.
- yitchelle 9y ago"The next question is the energy cost. A cheap source of food energy is donuts at $0.23 for 200 kcalories." We will need a BTC/Donut exchange soon.
- pmorici 9y agoHuman body heat mining, very Matrix esq https://thenextweb.com/cryptocurrency/2017/12/12/startup-uses-body-heat-to-mine-crypto-for-when-robots-take-jobs/ https://thenextweb.com/cryptocurrency/2017/12/12/startup-use...
- deleted 9y ago[deleted]
- saalweachter 9y agoThe actual hash computation should be mechanical. It's a straight algorithm. The part you want to optimize is the selection of the random noise you need to make the hash come out with the appropriate number of zeros. You ask your test subjects (monkey, human, slime mold, whatever) to provide the noise, you test it with your mechanical hasher, and then either reward or punish them based on the number zeros in the hash.