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321  Local / Mining (India) / Re: Mining farm setup in India. on: May 05, 2018, 07:54:08 AM

Please tell me in respect of cheap electricity, constant electricity supply, easy availability of electricity?


If you plan to "hijack" state subsidised electricity (or anything else for that matter) in India, please do remember the mantra:

What is cheap (free) is never constant (uninterrupted).  Shocked

AND

Even (if/when) free, gratuities (aka 'bribes') may apply  Huh

322  Bitcoin / Bitcoin Discussion / Re: The New York Times claims Russia plans to dictate Blockchain's future on: May 04, 2018, 07:41:17 PM
This is hilarious given that Americans were the ones that invented blockchain technology and bitcoin. It's widely known that both originated from Silicon Valley. The Russians are such followers!

And for one to effectively dictate blockchain's future they'd have to control a majority of the uses of blockchain technology. Maybe this guy is referring to a specific blockhcain (i.e., the Bitcoin blockchain or the Ethereum blockchain), but the way he's been quoted here it's clear that the Russians don't know what they're talking about.

Never underestimate the Russians!  Back in the Cold War era, there was little that they invented, yet they could present a formidable challenge to the West.

Sending a FSB [KGB] spy to an international meeting to standardise the Blockchain is just the underhand way in which they can leverage their influence beyond their 'miniscule' capabilities as You put it by calling them 'followers'.
323  Bitcoin / Bitcoin Discussion / Re: The New York Times claims Russia plans to dictate Blockchain's future on: May 04, 2018, 07:33:19 PM
Who said Internet belongs to americans mate, it is useful and operating one for every people in the any country.

The Russians, specifically their 'Spies' in the Blockchain world feel that the Internet 'belongs' to the Americans; perhaps because of the possibility of introducing back-doors everywhere.
324  Bitcoin / Bitcoin Discussion / The New York Times claims Russia plans to dictate Blockchain's future on: May 04, 2018, 06:43:52 PM

Hello, everybody  Smiley  This is my first post here.  I've been lurking around, waiting for an opportune moment to begin my contribution, and this opening does seem promising.

https://www.nytimes.com/2018/04/29/technology/blockchain-iso-russian-spies.html

Title: Blockchain Will Be Theirs, Russian Spy Boasted at Conference
Author: Nathaniel Popper
Posted: April 29, 2018

tl,dr: The Russians sent one of their FSB [KGB] Agents to an International conference meant for setting international standards for blockchain. 'The Internet belonged to the Americans, the Blockchain will belong to us, he retorted.  Basically, the Blockchain will turn into the next arena for geo-political battles.  Essentially, "countries that devote more resources to the process could successfully push their preferred cryptographic algorithms to be the standards, potentially creating so-called back doors that could be used in the future to spy on blockchain activity."

Apart from being a total novice on this forum, I'm also an amateur when it comes to matters regarding Bitcoin and the Blockchain, so I'm eagerly awaiting your opinion on this news item that seems particularly relevant to both these topics.

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