I have little sympathy for someone who knows damned well what his product is being used for, knows it's illegal to do it with that intent, and does it anyway.
Time to arrest the programmers and distributors of utorrent, then? Plenty of legal uses, yes, but I'm sure the programmers know it's mostly used for illegal uses.
Over half of all bitcoins that will exist, already exist. The remaining half will take about 140 years to be produced. The Chinese do not concern me.:)
Unless you're paying something like $0.01 kW/h, CPU mining will never be efficient. Heck, even at that, it still probably wouldn't be(CPU's mine in the 1-10MHash range, GPUs in the 250-700 MHash range). At $0.07 kW/h my Radeon HD 6870's are -barely- profitable, one or two more difficulty increases and I'll shut 'em off. At least it's still cold out so they contribute to warming my house.;)
To give an idea of how quickly even small GPU farms are becoming obsolete: the last mining difficulty increase for bitcoins was over a 30% increase. The two or three before that were 10% a piece. The ASICs(the real ones, not the non-existent ones from BFL I see advertised on/.) are coming online and pushing everybody else out of the business.
Plus, if there is an update to the software platform Netflix uses which breaks your smart TV / games console / Blu-Ray player, do you think they will update it? No, they'll tell you to buy the newest version and throw your old one away.
Weird how I keep getting Netflix software updates on those devices. Just had to update Netflix on my parents' Wii the other day because they hadn't turned the thing on in over a year. As of Monday night my dad is happily watching Netflix on the Wii in his computer room.
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So, what's the right amount of income disparity? And we're far from having the greatest income disparity.
I have little sympathy for someone who knows damned well what his product is being used for, knows it's illegal to do it with that intent, and does it anyway.
Time to arrest the programmers and distributors of utorrent, then? Plenty of legal uses, yes, but I'm sure the programmers know it's mostly used for illegal uses.
Over half of all bitcoins that will exist, already exist. The remaining half will take about 140 years to be produced. The Chinese do not concern me. :)
Unless you're paying something like $0.01 kW/h, CPU mining will never be efficient. Heck, even at that, it still probably wouldn't be(CPU's mine in the 1-10MHash range, GPUs in the 250-700 MHash range). At $0.07 kW/h my Radeon HD 6870's are -barely- profitable, one or two more difficulty increases and I'll shut 'em off. At least it's still cold out so they contribute to warming my house. ;)
To give an idea of how quickly even small GPU farms are becoming obsolete: the last mining difficulty increase for bitcoins was over a 30% increase. The two or three before that were 10% a piece. The ASICs(the real ones, not the non-existent ones from BFL I see advertised on /.) are coming online and pushing everybody else out of the business.
Plus, if there is an update to the software platform Netflix uses which breaks your smart TV / games console / Blu-Ray player, do you think they will update it? No, they'll tell you to buy the newest version and throw your old one away.
Weird how I keep getting Netflix software updates on those devices. Just had to update Netflix on my parents' Wii the other day because they hadn't turned the thing on in over a year. As of Monday night my dad is happily watching Netflix on the Wii in his computer room.