Pinboard (jm)
https://pinboard.in/u:jm/public/
recent bookmarks from jmCryptocurrency is an abject disaster2021-04-28T11:00:21+00:00
https://drewdevault.com/2021/04/26/Cryptocurrency-is-a-disaster.html
jmI’ve had to develop a special radar for reading product pages now: a mounting feeling of dread as a promising technology is introduced while I inevitably arrive at the buried lede: it’s more crypto bullshit. Cryptocurrency is the multi-level marketing of the tech world. “Hi! How’ve you been? Long time no see! Oh, I’ve been working on this cool distributed database file store archive thing. We’re doing an ICO next week.” Then I leave. Any technology which is not an (alleged) currency and which incorporates blockchain anyway would always work better without it.
There are hundreds, perhaps thousands, of cryptocurrency scams and ponzi schemes trussed up to look like some kind of legitimate offering. Even if the project you’re working on is totally cool and solves all of these problems, there are 100 other projects pretending to be like yours which are ultimately concerned with transferring money from their users to their founders. Which one are investors more likely to invest in? Hint: it’s the one that’s more profitable. Those promises of “we’re different!” are always hollow anyway. Remember the DAO? They wanted to avoid social arbitration entirely for financial contracts, but when the chips are down and their money was walking out the door, they forked the blockchain.
]]>blockchain bitcoin crypto cryptocurrency abuse capitalism bullshit techhttps://pinboard.in/https://pinboard.in/u:jm/b:494b6b1717b6/Harvard Research Computing Resources Misused for ‘Dogecoin’ Mining Operation2014-02-21T21:51:34+00:00
http://www.thecrimson.com/article/2014/2/20/harvard-odyssey-dogecoin/
jmA member of the Harvard community was stripped of his or her access to the University’s research computing facilities last week after setting up a “dogecoin” mining operation using a Harvard research network, according to an internal email circulated by Faculty of Arts and Sciences Research Computing officials.
]]>harvard dogecoin bitcoin mining misuse abuse supercomputershttps://pinboard.in/https://pinboard.in/u:jm/b:4a4eee83b8ca/Secret Bitcoin mining code added to game sparks outrage2013-05-01T20:32:16+00:00
http://arstechnica.com/security/2013/05/secret-bitcoin-mining-software-added-to-video-game-sparks-outrage/
jmThunberg's admission that [the E-Sports Entertainment Association client software] ran Bitcoin-mining software without explicit user consent is startling. Aside from potentially opening the company up to huge legal liability, the move is likely to engender distrust among some of the company's most loyal fans. The nonchalance of some of Thunberg's comments may only add insult to the betrayal many users are likely to feel.
"But for the record, I told jag he shouldn't be lazy and run the miner in a separate process," he wrote in a post, referring to one of his software engineers with the screen name Jaguar, who didn't take steps to conceal the Bitcoin miner. "Rookie move." In the later post he wrote: "100% of the funds are going into the s14 prize pot, so at the very least your melted gpus contributed to a good cause."
]]>bitcoin abuse games malware esea gpushttps://pinboard.in/https://pinboard.in/u:jm/b:e5966f96ca19/