Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror

Comment Re:Unclear on the concept... (Score 1) 90

>My initial instinct was to scold you for "WTF is a clinical associate professor?" as thats a term that makes perfect sense for a teaching hospital

"School of Business". They're obviously way outside their bailiwick. Probably a failed MBA. Mencken: "Those who can -- do. Those who can't -- teach."

Comment Re:The "Bitcoin heater" is (mostly) snake oil (Score 1) 90

>all portable electric space heaters generally put out the same 1,500w

It really doesn't matter what they put out, all resistive heaters are 100% efficient (any inefficiency would result in heat anyway).

Are people buying new miners? Where does new Bitcoin come from - already amortized ones? Still, if that's what you have, it's better the heat from them than from a resistive element.

I don't see where marketing heat from a miner is any worse than the "Amish space heaters" which sell for $500 and make invalid claims about having better efficiency than a $40 milk house heater.

Comment Re:Unclear on the concept... (Score 1) 90

Whoosh. They were comparing mining to space heaters, not heat pumps, which I readily admit are a more efficient source of electric heat. And if mining rigs didn't pay for themselves (where do you think new Bitcoin comes from?), no one would buy them (except other idiot "clinical associate professors").

Comment Unclear on the concept... (Score 1) 90

>Derek Mohr, clinical associate professor at the University of Rochester Simon School of Business, ... "The bitcoin heat devices I have seen appear to be simple space heaters that use your own electricity to heat the room..."

WTF is a "clinical associate professor?" Another term for an idiot? If you heat with electricity, running a mining rig makes perfect sense, any energy used ends up as heat. Better to have a Bitcoin mining rig generating it than a nichrome wire.

Comment Re:Short AAPL (Score 2) 65

>On the other hand, it's entirely possible that my sentiments are not widely shared and they'll make money off of this.

How can they not make money off it? They can have a hundred of them in inventory for each one sold, and they'd still make a profit.

Comment Re:Every Bubble Pops (Score 2) 69

I just asked ChatGPT "Is AI creating a market bubble? yes or no", it responded:

It's not a clear-cut yes or no answer, but if I had to choose based on the current market trends and speculative investment behavior, I'd lean toward "yes, there are bubble-like conditions," but not necessarily a full-blown bubble yet.

Slashdot Top Deals

Badges? We don't need no stinking badges.

Working...