Jeff Garzik
garzikrants.blogspot.com · Personal blog · on HN since 2011
Jeff Garzik, a Bitcoin core developer, writes about Bitcoin mining hardware, blockchain data, and autonomous software agents.
What HN saysHN commenters link it for his Avalon ASIC miner reviews, which drew skepticism about the claimed earnings, and for his StorJ and blockchain data spam posts.
15HN people shared it
5linked it in comments
10stories submitted
99story points
11 years agolast shared
2011people per year2026
Most-shared posts
- 1Bitcoin data spam and evil data2 people · 4 points · first shared 2013 · 1 comments on HN
- 2Bitcore Core v0.9.0 release overview1 people · 75 points · first shared 2014 · 44 comments on HN
- 3Response to Adam Cohen by a Bitcoin developer1 people · 5 points · first shared 2011 · discussion on HN
- 4Tunisia: the first Wikileaks revolution?1 people · 4 points · first shared 2011 · discussion on HN
- 5StorJ, and Bitcoin autonomous agents1 people · 3 points · first shared 2013 · discussion on HN
- 6StorJ, and Bitcoin autonomous agents1 people · 2 points · first shared 2013 · discussion on HN
- 7First Bitcoin ASIC Alive and Kicking1 people · 2 points · first shared 2013 · discussion on HN
- 8Avalon ASIC BitCoin Miner Review1 people · 2 points · first shared 2013 · discussion on HN
- 9How to support bitcoin core development1 people · 1 points · first shared 2014 · discussion on HN
- 10How much does it cost to data mine a street corner? (DIY NSA)1 people · 1 points · first shared 2014 · discussion on HN
- 11Storj and bitcoin autonomous agents1 people · first shared 2015
- 12Avalon miner power usage1 people · first shared 2013
- 13Avalon its alive1 people · first shared 2013
- 14Avalon modular room to expand1 people · first shared 2013
What HN people wrote when they linked it
znowi · 2013-02-13
In practice Avalon draws 620 Watts and runs at 66 GH/s [1].
And let me introduce a few points to consider for an inspired by your calculation soon-to-be miner :)
1. BFL [2] and whoever else is able to produce an ASIC system start shipping very soon. All this hash power will skyrocket the difficulty, eventually decreasing the profits to today's GPU levels.
2. Volatility of BTC varies greatly and can be anything in a few months term. As I recall, the first gold rush happened in 2011, when GPU miners appeared. BTC peaked at over $30 in June and was less than $5 by November.
3. If you order your system now, you will likely get it in May if not later. Pre-orders started last summer and they're still waiting.
Happy mining :)
[1] http://garzikrants.blogspot.com.es/2013/02/avalon-miner-power-usage.ht…
[2] http://www.butterflylabs.com/
phamilton · 2015-05-30
I'm always fascinated by StorJ.
http://garzikrants.blogspot.com/2013/01/storj-and-bitcoin-autonomous-a…
TLDR; a SaaS system that not only auto-scales, but does so autonomously. When it has excess funds, it buys more VMs and provisions them with itself. If cashflow is low, it shuts some down. Add in the ability to create accounts (using bitcoin as currency) and you could very quickly lose the paper trail and have a SaaS owned by the Æther.
fnordfnordfnord · 2013-08-13
There is all sort of graffiti and other garbage embedded in the blockchain.
http://garzikrants.blogspot.com/2013/04/on-bitcoin-data-spam-and-evil-…
gibybo · 2013-01-30
I prefer the term skeptic, and I think it's quite reasonable to be skeptical of a $1300 device capable of generating $210/day with still no proof. I think the skeptics will be much calmer once he plugs it in and verifies that it does what it says it does.
EDIT: Now confirmed on Jeff's blog: http://garzikrants.blogspot.com/2013/01/avalon-its-alive.html
mrb · 2013-01-30
Picture of the inside: http://garzikrants.blogspot.com/2013/01/avalon-modular-room-to-expand.…
I hope this will put a stop to most of the non-believers constantly trolling on bitcointalk.org