Bitcoin Forum

Economy => Gambling => Topic started by: MPOE-PR on May 14, 2013, 11:53:37 PM



Title: [BitBet] Rejected Asicminer bet
Post by: MPOE-PR on May 14, 2013, 11:53:37 PM
Whoever proposed this bet:

Quote
ASICMiner is currently the world's largest bitcoin mining operation. Their hashrate is public and can be seen here.

https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=0

The bet closes yes if their public hashrate exceeds 50 Terrahashes/second before June 1st.

Had a good idea but executed poorly. Basically as stated this is a bet on the contents of a webpage, might as well be something like:

Quote
pastebin.com/blabla says "42"

Is there some way to reconstruct this bet based on objective, verifiable criteria?


Title: Re: [BitBet] Rejected Asicminer bet
Post by: pheaonix on May 15, 2013, 01:45:14 AM
Whoever proposed this bet:

Quote
ASICMiner is currently the world's largest bitcoin mining operation. Their hashrate is public and can be seen here.

https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=0

The bet closes yes if their public hashrate exceeds 50 Terrahashes/second before June 1st.

Had a good idea but executed poorly. Basically as stated this is a bet on the contents of a webpage, might as well be something like:

Quote
pastebin.com/blabla says "42"

Is there some way to reconstruct this bet based on objective, verifiable criteria?

yes, contact friedcat and ask exactly what hashes he is responsible for, if he is impartial in the bet.


Title: Re: [BitBet] Rejected Asicminer bet
Post by: MPOE-PR on May 15, 2013, 01:40:01 PM
yes, contact friedcat and ask exactly what hashes he is responsible for, if he is impartial in the bet.

Pseudonymous Bitcoin, remember?


Title: Re: [BitBet] Rejected Asicminer bet
Post by: pheaonix on May 15, 2013, 03:24:05 PM
yes, contact friedcat and ask exactly what hashes he is responsible for, if he is impartial in the bet.

Pseudonymous Bitcoin, remember?

i do not see the point you are trying to make


Title: Re: [BitBet] Rejected Asicminer bet
Post by: ThickAsThieves on May 15, 2013, 03:43:46 PM
yes, contact friedcat and ask exactly what hashes he is responsible for, if he is impartial in the bet.

Pseudonymous Bitcoin, remember?

i do not see the point you are trying to make

She's saying that you couldn't prove Friedcat is Friedcat.


Title: Re: [BitBet] Rejected Asicminer bet
Post by: MPOE-PR on May 15, 2013, 04:06:52 PM
yes, contact friedcat and ask exactly what hashes he is responsible for, if he is impartial in the bet.

Pseudonymous Bitcoin, remember?

i do not see the point you are trying to make

She's saying that you couldn't prove Friedcat is Friedcat.

No, I am saying that the biggest problem of Bitcoin (http://polimedia.us/trilema/2013/the-question-of-the-year-in-btc/) is still unresolved (and the 100+ BTC in bounties still unawarded or even vaguely claimed). In other words, you could never know if Friedcat is betting or not, and so the "if impartial" rider sinks the whole proposal.


Title: Re: [BitBet] Rejected Asicminer bet
Post by: pheaonix on May 15, 2013, 04:19:54 PM
strange how one can trust a man with the largest mining operation in the world but not with a piddly bet


Title: Re: [BitBet] Rejected Asicminer bet
Post by: MPOE-PR on May 15, 2013, 04:49:43 PM
largest mining operation in the world

You mean this (http://bitbet.us/bet/450/bitfurys-asic-will-work-with-power-1/?ref=1E8MkRHhBNr9X29QUN2YkMxezesrEyGhSZ)?