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Comment Re:Is Microsoft betting for or against? (Score 1) 94

Since Microsoft stands to receive a penalty from Helion if they fail, we cannot judge without seeing the numbers ...

Based on TFA, Microsoft either buys electricity at market rates, or gets paid a penalty.
Unless there's some upfront money TFA didn't mention, the only way Microsoft can lose is if the market goes crazy high AND commercially viable fusion power actually exists.

Comment What's the tax for charging a battery? (Score 1) 130

An unworkable tax on something that's mostly done out of the country? Typical.

Are they proposing to tax mining done with solar energy? Wind? What about energy purchased from out of country?

Would the tax apply to general purpose computing, or only purpose built mining rigs?

What about cheats?
How could you catch someone who mines in one place but claims to mine somewhere else?
Having caught them, how could determine the appropriate fine?

Comment Pass. (Score 2, Interesting) 191

About 1.5 million people a year fly from LAX to Vegas.
The cost of a round trip airline ticket is under $50.
Assuming you could capture 100% of that market, and you charge $25 each way ($50 round trip), that's $75 million per year.
Even assuming no debt, it would take over 130 years to recoup the initial $10 billion investment.

Comment Re:He's right, which is sad. (Score 2) 93

AFAIK, there is no financial service company that accepts a deposit and doesn't loan it out or invest it in some way (or at least most of it).
Sure, you can buy extra insurance (or open multiple accounts or something similar) to reduce risk, but you can't not bank and still write and cash checks.

Comment What's the real story? (Score 1) 497

Story 1;
      Alice believes Bob is a car thief. Alice approaches Bob, gun in hand. Bob draws his own Gun, Alice shoots Bob dead.

Story 2;
      Alice believes Bob is a car thief. Alice approaches Bob, gun in hand, Bob has a gun, but does not brandish it. Alice shoots Bob dead.

Story 3;
      Alice believes Bob is a car thief. Alice approaches Bob, gun in hand, Bob does not have a gun. Alice shoots Bob dead.

I can't tell which of the above scenarios matches best, there just isn't enough information.
According to the report, the police aren't even sure Expy-Bob had a gun, which seems pretty straight forward to determine.
(I suspect the police know, but they're keeping that info quiet, because reasons)

Comment Re:If only there was another way (Score 1) 107

Self replicating is nice, but you really need the technology to be solar powered and use thin air and water as the feed stock.

So, solar powered, self replicating, low maintenance, constructs itself from air and water, and can blend in to the natural environment. Might as well wish that it could make a valuable building material at the same time...

Comment A law - yeah, that will do it. (Score 1) 17

Didn't FTX claim to keep customer assets separate?

Crypto is a mania, and buying it with the idea that you'll make a profit is a fool's investment, but that has little to do with the fraud that FTX perpetrated.

Fraud is already illegal, don't see how another law is going to help.

Comment Clickbait Lies (Score 3, Insightful) 50

If anyone actually broke factoring and wanted to prove it, they could publish the factors to some of the The Cunningham Project's most wanted

These jokers have a method for factoring that they think will work on a quantum computer, if they had one which they don't, and they aren't willing to estimate how long it would take.

Color me unimpressed.

Comment Re:0.000001% of $0 is how much again? (Score 1) 44

SBF owns a mansion and a yacht, and a lot of other random stuff. After they sell everything, it might come to a billion dollars.
Allegedly, the creditors are owed a few billion, the depositors are owed ten billion and the investors are owed some billions too.
Sure, it's going to be pennies on the dollar, but if whoever is at the front of the line is going to get those pennies and everyone else is going to get nothing.

Comment Re:snow cup half full (Score 1) 140

... tried to mine Bitcoin in like 2010 ... I got my 5 free Bitcoin

If you mean you mined 5 blocks back in 2010, that would be 250 free bitcoin, which has a market price of over $4,000,000 today.
I suggest you spend some serious effort trying to find your bitcoin wallet.
Think of it as punishing the people who are stupid enough believe in bitcoin by taking their money.

Comment Re:A 1D city? Why? (Score 1) 99

It's 100+ stories tall.
That's kinda like increasing the width 100 times.
It's like a flat city 170km long x 20km wide.

Also, it's not really physical distance that counts so much as travel time.
A train makes distances shorter (in travel time).
Long in the train dimension makes sense (well, at least isn't as stupid as it seems at first glance).

In theory, everything in the building/city is an elevator ride, a train ride and another elevator ride away.
Of course, in practice it will be horrible, because everything that's ever been designed this way has turned out horrible.
There's almost no allowance for error.
If they need a <mumble>, there's no plan for how to expand the city to allow for it.

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