Row 10085

Row ID: 10085 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 10085 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Of course there’s a limitation on how much hardware you can buy from others! Ask chat GPT for yourself.

You would need nearly 700,000 of the best ASICs ever created. That’s $10B. Then you’d need to put them in top of the line data centers with ventilation, etc. oh, and the electricity would cost $130 Million per month. That’s not even including ongoing maintenance and needing to pay people.

Where are you going to find those 700k ASICS? Do you think there’s any manufacturer in the world that can meet such demand? Do you think that if you placed a 700k ASIC order that maybe that’d increase the price for the machines and they’d be even more expensive?

Proof of work is beautiful because it requires so much fucking work to do. Trying to take over the network would send gigantic red flashing signals to all market participants. Not to mention you’d spend $10B+++ just on upfront costs plus hundreds of millions a month to maintain and run them. And you’d be doing this all for nothing other than to discredit the Bitcoin system.

FieldValue
text Of course there’s a limitation on how much hardware you can buy from others! Ask chat GPT for yourself. You would need nearly 700,000 of the best ASICs ever created. That’s $10B. Then you’d need to put them in top of the line data centers with ventilation, etc. oh, and the electricity would cost $130 Million per month. That’s not even including ongoing maintenance and needing to pay people. Where are you going to find those 700k ASICS? Do you think there’s any manufacturer in the world that …
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-20
username_encoded Z0FBQUFBQm5Lakw1QjZqR29haE1xQzR3N0VxRU9ZdnJyb3ZITEMxM0NZN3ZHQU92dEdFVnFHUy1UT3VNdWxTSm1PTHNSMmxIa2R2S3V5Vnk1Z0J2dGZTN2tkRmNHbUpzeVE9PQ==
url_encoded Z0FBQUFBQm5Lak9JM0JkallqbEJSNVltV3JDS2FwckhneGk1Nk5mXzVnVGh2SlJDd0hsN2xxWDZNSERlc0Fub2Y0TzlvTVhZMF9yOXN4blFRTnliYVRlTTdlckRUWWVvalJuVmNHUkZUaHpwR29xaEJDQk9vYURHWVlWV2l0RXN3cUZ3MHppUmdfdUVVbTZSR0lGSzZ6MGNVN0VObU45R1R5SktHcU9CV1lrbG9GWTJYaUhwdHBsc3QteWxwb1hucU45OTRvLU8tTEJKNU81VFU4Vnp1R09ER3Q1Z3l6RWdxZF9YVlBwMkFEdTEwSW9zdzBiaXFZRT0=

Raw Record

{
  "text": "Of course there’s a limitation on how much hardware you can buy from others! Ask chat GPT for yourself. \n\nYou would need nearly 700,000 of the best ASICs ever created. That’s $10B. Then you’d need to put them in top of the line data centers with ventilation, etc. oh, and the electricity would cost $130 Million per month. That’s not even including ongoing maintenance and needing to pay people. \n\nWhere are you going to find those 700k ASICS? Do you think there’s any manufacturer in the world that can meet such demand? Do you think that if you placed a 700k ASIC order that maybe that’d increase the price for the machines and they’d be even more expensive? \n\nProof of work is beautiful because it requires so much fucking work to do. Trying to take over the network would send gigantic red flashing signals to all market participants. Not to mention you’d spend $10B+++ just on upfront costs plus hundreds of millions a month to maintain and run them. And you’d be doing this all for nothing other than to discredit the Bitcoin system.",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5Lakw1QjZqR29haE1xQzR3N0VxRU9ZdnJyb3ZITEMxM0NZN3ZHQU92dEdFVnFHUy1UT3VNdWxTSm1PTHNSMmxIa2R2S3V5Vnk1Z0J2dGZTN2tkRmNHbUpzeVE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9JM0JkallqbEJSNVltV3JDS2FwckhneGk1Nk5mXzVnVGh2SlJDd0hsN2xxWDZNSERlc0Fub2Y0TzlvTVhZMF9yOXN4blFRTnliYVRlTTdlckRUWWVvalJuVmNHUkZUaHpwR29xaEJDQk9vYURHWVlWV2l0RXN3cUZ3MHppUmdfdUVVbTZSR0lGSzZ6MGNVN0VObU45R1R5SktHcU9CV1lrbG9GWTJYaUhwdHBsc3QteWxwb1hucU45OTRvLU8tTEJKNU81VFU4Vnp1R09ER3Q1Z3l6RWdxZF9YVlBwMkFEdTEwSW9zdzBiaXFZRT0="
}
Explore Dataset Explore Row

Entry Information