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What part of the statement is false?


And sometimes people throw things in that explode.


This smells a bit fishy. If you make $100.000 from mining for 3 weeks with $1.500 in power, then the power costs are almost insignificant.

With about 500 hours in those 3 weeks, every hour you don't mine is $200, so if unhooking and restarting your mining equipment takes 4 hours one way, you've lost money after moving it back and forth.


Assuming the story is true (unlikely) - they could have been mining an easy to mine, low value crypto currency which since then increased in price a lot.


They could also have gotten ridiculously lucky and solved a block with a small mining pool.

Whatever it was, they would have made money regardless of power costs.


But even then (again unlikely) they did not mine $100k worth of crypto currency, but instead bought a winning lottery ticket/speculated/etc.


Cryptocurrency "mining" is a lottery. The "miner" that guesses the correct number is paid a reward. There isn't much more to it.


I mean, nobody would just go on the Internet and tell lies and all, and the story's only coming out now, but crypto's been on a wild. If they mined and sold ETH at the peak in 2021 when it was above $4,500, that's 23 Eth they would have had to have mined to hit $100,000k. Someone else will have to do the math on how achievable that was in difficulty, but I don't think it's that inconceivable.


Because the author thought "I stole $1500 of electricity from my AirBnB host" would not generate enough view for them.


The point is that if you could make $100k from $1.5k in power then it makes no sense to not do it in a data center where you don't have to move the computers around and break them.

If they'd make $1,000 I'd believe it.


if your projection was for making $1,000, but then because spiked up to over $4,500 an ETH, that it's suddenly lucrative, it makes sense. cryptocurrency's been on a wild ride so a projection that they'd only make $1,000, but ended up with $100,000, isn't impossible.


It isn't impossible, but wildly unlikely.


I don't want to sign up to the product you're advertising, but without doing that I can say that while some packets of ramen may give you 20% of your required daily calory intake, there are more required nutrients than calories. Probably none of the other listed foods can give you everything on their own.


Probably just not available in the EU because they would violate privacy regulations.


Not sure why a US only company would try to comply or do anything; the eu cannot force or fine them so why not just leave the site open?


If the site serves ads in the EU, then by definition they are doing business there and are finable.


> Two months ago, they replaced the Director of Engineering from India with a Vietnamese Director of Engineering, and things started to change

By te way, I love the negative comments about the level of English proficiency in the Vietnamese team in a post riddled with mistakes.


I've seen this happen. I've also seen where someone hired into a management/planning role with the ability to make offshore decisions can impact things for good or bad. A company I was at long ago, the Director of Engineering insisted on offshoring some non-critical things. It was fine, but it was one of those body shops where you talk to person X and it's likely some complete other group doing the work. The output we were getting out them was so bad and wasting the other engineeers time, we had to push back. The excuses made by the director almost made it look like they were getting kickbacks.

Same company, different oursourcing situation - needed some critical low level (assembler) code written. Outsourced to a different region, the developers understood what was needed and turned things around much faster than expected. A small consultancy instead of one of the body shops.


[flagged]


> It seems like people of European ethnicities are the only people on earth who don't practice this brazen ethnic nepotism

I beg to differ, Eastern European rivalries/grudges are no less: Russian v Ukrainians/Poles, Poles vs Czech and so on...


Or multiple stock classes, where done have more voting rights than others.


Judging from the ingredients, the Big King is more comparable.


Same. I have the Withings Steel Hr, which looks mostly analog except for the small screen.

The mechanical watches started breaking down and becoming unreliable, and fixing Russian (Poljot mentioned in the article) and Chinese watches is a challenge, apparently.


Assessing the balance between risk and the cost of mitigation sounds like it should be part of the basics.


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