yeah, that one. It's called a homopolar motor and it's powered by a battery inside the piece of wood.

EDIT: wait i'm not sure it's a homopolar motor. But a motor anyhow.
EDIT2: nevermind the edit, it's a homopolar motor

if you're serious, please repost a link. I always like to comment.

I see you conveniently omitted from your quote of me the part where I differentiate between financial theft and property theft. My logic is sound, and just so you don't have to go back and re-read my last comment I will paraphrase for you.

What I said was that there was no FINANCIAL theft committed (no money stolen) because bitcoin are not money, not legal tender, not a FINANCIAL instrument at all in the eyes of US FINANCIAL law.

And then I said that even if it was reported as a PROPERTY theft (yes, like when your car is stolen) that it would be very difficult to assign a value anywhere close to what you and I as bitcoin users would assign to it.

Vehicles have well established values and means for deducing their value.. so a better comparison to bitcoin would be maybe.. a collectors item.. like a baseball card or a restaurant napkin signed by a famous actor.. something that doesn't really have value but is assigned value by certain people

...

I did! Kind of wondered how you could be preaching that crap. lol

When the ac is on it keeping the temps under 41 the match_work values are pretty similar.  Once I pull the ac off and the temp climbs above 41 their is a big difference in values from one to another.

Opened it up, checked it and looked good.  Is it possible they might have forgotten some thermal compound somewhere and sensors aren't reading correct.

Yes, it did single out miners - or at least that is the thinking among the compliance professionals (lawyers and non-lawyer compliance experts) that I work with. The relevant language is:

"[a] person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter."

The consensus is that "persons who create units of convertible virtual currency" are miners.  Moreover, the guidance did not explicitly limit the "money transmitter" label to those miners acting as a business.  Note that it uses the term "person" not "business" when it describes what miners must register.  Personally, I believe you are right, and if you read my thread, you'll get a more in-depth explanation of why.  Nonetheless, I believe we are in the minority there.

i now have a pool pretty much setup i just need a miner to test it, would any of you guys be up for it?

It's like any ETF: the fees are only worth paying if you place a value higher than the fees on whatever benefits the ETF might be offering. In this particular case, some people might like the liquidity, some people might like being able to hold it in a brokerage account, some people might like to hold it in a retirement account where the funds are otherwise unavailable to them, etc. For many people who are already fully capable of buying Bitcoins directly, I don't think there's much advantage at all.

ASICs got us there and they can get us out too.
Once they are widely accessible, someone will point them to Bytecoin for sure. I will, when I get mine...

Your previous comment had nothing to do with the communication that AudenX had with anyone. You directly insinuated that the people here on this forum, in voicing their concerns and opinions in the absence of any communication by Roman, somehow affected, or potentially affected, the progression of a solution to this issue. And you were wrong to suggest so.

Obviously, anyone with direct communication with Roman is going to be as congenial as possible. I would be too.

I don't imagine that something like a reverse split would be unheard of, but on the other hand it wouldn't really have any impact on a commodity ETF except to increase the price per share.

Full details on the mechanics are available from the S-1 filing.

to insinuate that any amount of blame for how Roman has handled this falls on any of the victims of his fiasco is both ignorant and unconscionable

We, bitfloor's customers got robbed.  Technically Roman says he got robbed, but never posted any proof of that.  Then he just handed people IOUs and refused to discuss any of numerous options to mitigate the damage.

Why anyone would trust Roman with anything worth more than a stick of gum after that will always be a mystery to me.

Of course the Bitcoins held per share will decline over time due to expenses; every investor knows this, in advance, and the Net Asset Value of such ETFs is always public knowledge. But that does not mean the shares somehow become less backed by Bitcoins: they are always and forever backed by the Bitcoins being held by the trust.

I would bet $6,000,000,000 USD and the life of the betters that free energy is not possible. The energy always has to come from somewhere.

And sorry, it can't come from a magnet. I don't know where some of the guys here got the idea that you can get energy out of a magnet by slowly demagnetizing it, but that's simply not true. A magnet is just molecules lined up in a specific way. You can't get energy out of that any more than you get energy out of a crystal or from just lining up magnets on the floor top all face the same direction.

whats the best way to determine if your unit needs the jumper de-soldered ?