[Arm-netbook] EOMA68 / Libre RISC-V team financing

[Luke Kenneth Casson Leighton]

On Wed, Dec 27, 2017 at 12:44 PM, mike.valk at gmail.com
<mike.valk at gmail.com> wrote:

> I guess efficiency number are needed here. How much bitcoin is being
> mined/generated per input (dollar/euro's/joules)

 they're connected to the national grid in Iceland (they don't run
everything there, for security reasons) but it's a good percentage.
cooling is free (obviously), and they're actually going to be sinking
their own geo-thermal turbines.... on-site.  electricity is *already*
cheap in iceland...   so the cost of electricity can be assumed to be
negligeable or zero.

> That's the same as for any mining operation. No need to watch how the
> mining is done just is the cost of the operation lower than the the
> yield.
>
> That's why a lot of IRL miners work under such poor circumstances.
>
> So where to find such numbers?

 the pool stats give you the all-important number.

 there are two bits of information that are really needed, to make a
proper assessment:

 (1) how many people sign up per month
 (2) how many people are *already* signed up.

 i have access to the MLM structure (it's complicated, and very
large), it should be possible to make some reasonable estimates /
behavioural guesswork.... but it would *need* those two numbers.

 i do know that they're starting to go mainstream (as in, a LOT of
people are hearing about them).

l.