Open Transactions can use it as a master identity to validate your revokable nyms with. Though it can also use various other methods or you can just use the nym's hash directly without layers of signers validating it like a certificate authority.

This method of using namecoin as similar to a certificate authority is kind of generic too, you can use it for various things, like open signon systems to sign on to multiple sites and stuff like that.

-MarkM-

I wish they would get cancelled though. Its not like there won't be plenty of people hoping to snap up the day-late units, heck even a few days to a week late, maybe even more than that, would have no difficulty finding buyers. So why not let these people who don't want day-late units cancel?

-MarkM-

How did you get a promise?

All the rest of us got was an assurance they were confident they could ship by then, and were really going to try hard, didn't we? Then just recently their estimate finally went from on track but very tight to starting to ship next week? If you don't want your unit(s) next week you can likely find plenty of people eager to buy them.

-MarkM-

I got the impression BFL is hardly even trying; they don't seem to work weekends, they don't even seem to make full use of their assembly space/stations by running shifts 24/7 so are presumably only using 1/3 to 1/2 the number of people in assembly as the space could fit if put to full use.

-MarkM-

This is old Avalon tech? Is the stuff about it being way too late for old Avalon chips to ROI just FUD?

In the K16 threads everyone seems to have decided some time ago those old chips are useless/worthless now. Are they wrong?

-MarkM-

Who are you quoting? Is it someplace that can be pointed to with a link?

-MarkM-

Well I guess there is plenty of opportunity to learn from all this.

I guess if doing something like this in the future it might be a good idea to offer two tracks, one for people who want the product in a hurry and another for people who prefer to wait between steps of the manufacturing process to confirm they still want to proceed to the next step, so they can always back out if after any step they get cold feet.

Like "Hi customer, today your chips are ready to be sent for assembly. Fast track people's are already on their way. Please inform us within 30 days whether you wish yours too to go to assembly or would prefer to cancel at this step."

Oh wait maybe that is too late in the game?

Maybe "Hi customer, today we taped out and placed wafer orders for fast track customers. Please inform us within 30 days whether you too wish to proceed to wafer order or would prefer to cancel at this step..."

-MarkM-

They seem to have bundled the assembly into the shipping now eh?

They have shipped to the factory which will put them on the shipping trucks, with a small matter of assembling them taking place there to fit them as whole units into the trucks or planes or whatever?

Something like "here are the parts, here are the destination addresses, please assemble and ship" ?

-MarkM-

Oh right, they already shipped to the assembly plant.

Oh well, better luck next time.

Should have cancelled sooner, eh? Amazing that people so worried would wait until too late.

-MarkM-

Just cancel your damn orders already.

-MarkM-

Huh? There would have to be no other miners but us for it to be better not to have more hashes.

-MarkM-

You give people 25 million satoshis and they think that is not a lot?

-MarkM-

Losing two shifts a day plus two days a week doesn't sound great either.

I have worked evenings and nights, neither shift seemed more rushed than the day shift.

In fact often evening and night shifts can be more relaxed because they aren't exposed to "visitors" and "touring dignitaries" and so on.

So I don't see how running shifts necessitates doing a sloppy job.

More likely the sloppiest people would be on the day shift, as more "management" and higher "management" tends to be around in the day shift to keep an eye on them.


I meant that the chips go to be packaged like wikipedia said, and from there in moisture-proof packaging by courier to Sweden or wherever.

-MarkM-

It is chips before they go into a package which goes into some kind of sealed packing which goes into a courier's luggage which goes to Sweden, or something like that. So quite possibly the last chance to get a photo of them before the sealed packing material is unsealed at the factory to be fed into the assembly machines - oh and a few snipped off to test and prototype with while the assembly machines churn away maybe.

-MarkM-

You people who only run your rigs 8 hours a day and only on weekdays might want to think about running more shifts, no wonder you don't think you'll make ROI if you have an only eight hours a day, only on weekdays mentality...

-MarkM-

Why do people wait until Sunday to buy their Sunday newspaper instead of picking it up when the printer closes at 5:30 or so friday evening?

Or don't you have Sunday papers where you come from?

Why wait for morning to get your morning paper, instead of picking it up from the printer at 5:30 the evening before when the printer closes?

Sheesh! Capital machinery is like bitcoin mining rigs, you pay 24/7 interest on the capital it took to get the damn things, you think everyone is going to run it 8 hours a day, 5 days a week?

Day 1 is presumably the first day the machines are pouring out rigs into courier trucks and day two the second day the machines are pouring out rigs into courier trucks.

Maybe day 1 starts at midnight tonight... But midnight by where's timezone? Maybe it is already midnight somewhere!

-MarkM-

We did see a photo of the chips. And if they do arrive on Sunday wherever they have to be to put some into a prototype maybe they will photograph them, maybe even hashing in the prototype.

Opening them up on the airplane in transit might not be all that cool an idea, afterall...

Heck maybe they'll arrive friday night, or saturday, allowing many hours to get that prototype ready by sunday ... while production units spew out of conveyor belts...

Gosh they might even arrive tonight! If so why would it take all the way to sunday to get a prototype ready?

-MarkM-

There is probably nothing "extra" about it, it is very likely part of their original plan for getting rigs out fast, of course you're going to work weekends, if your competition doesn't thats two days you gain on them every week...

They knew from the start it was a "formula one race".

Don't races take place even on weekends? Do they dismiss all but one of the pit crew to save a few bucks?

Plus are Swedish electronics factories hundreds or thousands of coolie labourers or are they largely automated with an engineer or few sitting around watching Simpsons or whatever but ready to jump if the machinery decides to act up? Why give your robots days off? How much do you lose letting your automation stand idle all weekend?

-MarkM-

It also only takes one click to get your browser hit by a fly-by zeroday attack...

-MarkM-

Miners minting coins is a tiny amount of coins, it cannot be the miners who have been suppressing the exchange rates of bitcoin all this time.

Maybe more likely it is all the ASIC makers dumping bitcoins for fiat.

Surely the number of coins being dumped month after month after month must be way the heck more than miners are minting?

-MarkM-