In which we aspersor

Thursday, 21 March, Year 5 d.Tr. | Author: Mircea Popescu

Motto : Un aspersor o sorpersor, es un dispositivo mecánico que en la mayoría de los casos transforma un flujo líquido presurizado y lo transforma en rocío, ...

First some backdrop aspersions :

Sep 21 12:25:02 midnightmagic ngzhang, regardless of whether he's "copying" someone's business plan, has delivered more reliably, and more openly I might add, than anyone building mining hardware put together.
Sep 21 12:37:26 midnightmagic Say he did "copy" even the design of the asicminer, as you are implying. Why wouldn't I prefer to put my money with ngzhang when asicminer is going to mine against their own device customers, with the money their customers use to buy their devices?
Sep 21 12:39:12 midnightmagic Also, I'm not trolling you. Either you know something you aren't telling, or you don't. Either way it doesn't change what I'm going to do: all it changes is you're pretending to know something that's impossible to verify (show me da unicorn) or not.
Sep 21 12:40:17 midnightmagic The conflict appears to be arising because you seem to have backed an anticompetitive horse and I think they're going to get stomped by the bitcoin devs.

Add to that some recent aspersions :

Mar 04 03:53:20 midnightmagic dub: And yet ngzhang is one of the most ethical businesspeople I've seen in a long time.
Mar 04 03:53:51 midnightmagic dub: I am not. ngzhang is extremely ethical, or else Icarus wouldn't exist.

Meanwhile, reality diverges :

the-ethical-strikes-back

Basically what happens here is Avalon took interest-free fiat-denominated loans from silly white westerner peoples, built their rigs, used them to mine a little (as people were reporting dust inside their units upon delivery) and eventually decided to not deliver at all anymore, just keep the miners and mine for themselves. To sum up the situation,

mircea_popescu avalon did just faceplant on a nail
dub from the top rope
topace_ i havent been following, what did avalon do?
Bowjob avalon is gonna take a vacation
kakobrekla i have a feeling they found a meter free elec plug and now making exuse not to sell by increasing the price xD
dub topace_: admitted to not having shipped batch 1, not having capability to ship batch 2 and charging moonbeams for batch 3

And of course, to sum up the aspersions,

Mar 21 00:57:30 mircea_popescu Hey midnightmagic : explain about this guy's integrity and everything. I'm all ears.

Mar 21 03:04:03 mircea_popescu come on midnightmagic, here it is. I have this delicious crow stu, you hungry yet ?

On it goes.

PS. Obviously all the aspersority comes from this little adventure.

PPS. Meanwhile sane people do exactly what I've always been doing :

mircea_popescu I would pay 1300 dollars within 60 days for a delivered and guaranteed ASIC.

There's a reason supplying works a certain way. I order the goods, you deliver the goods within a couple of days and get paid within a couple of months. NOT the other way around. Never the other way around.

Category: Bitcoin
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5 Responses

  1. The one and only reasonable, logical thing to do with a mining ASIC is to plug it in - yourself. In your own warehouse. And route it through TOR, disguised as 200 GPUs, and not breathe a word to anyone. That is, if you believe in a long-term future for Bitcoin. Whereas mailing it to a stranger, for love or money, is the weird and questionable thing to do. As is telling people about your ASIC factory in the first place. That is, if you believe in a long-term future for Bitcoin...

  2. Mircea Popescu`s avatar
    2
    Mircea Popescu 
    Thursday, 21 March 2013

    The only catch here is your Mumbanese clever poor. They don't have the capital, otherwise sure, they'd do exactly that. In order to obtain that capital a song and dance about how consumers matter delivered to those consumers who actually have enough disposable [borrowed] capital to float this project is an unavoidable detour. Hence that song and dance was performed in English.

  3. Well yes. But...

    MP, the interesting question is what the clever *rich* - who don't need to sing for their supper - are up to re: BTC ASICs. My guess is that the answer is: something, but not the conspicuous idiot sort of "something."

  4. Mircea Popescu`s avatar
    4
    Mircea Popescu 
    Thursday, 21 March 2013

    Probably.

  1. [...] It’s like the month after Avalon “delivered” and started actually delivering, the distinction between the two is chronicled here.1 History with small variations tends to repeat [...]

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