#trilema | 2017-10-22

00:04

http://trilema.com/2017/michelangelo-antonioni-ce-un-imbecille-che-non-hai-altro/ << Trilema - Michelangelo Antonioni c'e un imbecille che non hai altro.

~ 1 hours 10 minutes ~

01:15

mircea_popescu

http://btcbase.org/log/2017-10-22#1727577 << can't imagine why they designed it this way, but ~everyone does, coinbase, mycellium, coin-something else.

01:15

a111

Logged on 2017-10-22 01:15 trinque: super dumb.

01:15

mircea_popescu

the god of magic numbers gave them the 900 second and they're sticking ot it!

01:16

mircea_popescu

ben_vulpes a) you're not going to make money renting space as such. this wasn't even in the original design, i've nfi why you added it in.

01:17

mircea_popescu

b) you're not going to charge 1k/mo for any servers, don't be ridiculous. you're going to pay 500-2k to buy the server, and then rent it out for the usual 2x the fixed cost.

01:19

mircea_popescu

your 42 u full rack takes 40 boxes, optimized so they pull say 150-200 W on average. that'll keep you out of power overages 99% of the time.

01:19

mircea_popescu

they cost you about 50k to buy, and the rack will run you about 50k for a year. that means your yearly budget is about 100k, roughly.

01:19

mircea_popescu

!~calc 1e5 / 40 / 12

01:19

jhvh1

mircea_popescu: 1e5 / 40 / 12 = 208.33333333333331

01:20

BingoBoingo

!!balance

01:20

mircea_popescu

your cost basis is ~200 per server. you can rent them for 3-400 as such, or can give out vpsen, which are more productive. perhaps even "shared" if particularily interested into it.

↖ ↖ ↖

01:21

deedbot

http://p.bvulpes.com/pastes/zTdmb/?raw=true

01:21

mircea_popescu

these take more work, and consequently provide more revenue.

01:23

mircea_popescu

after the first year your machines are amortized and your downline built, so you're looking at some decent net margin. before the first year you're burdened by the capital costs and stuck with low occupancy, so you bleed cash.

↖

01:23

mircea_popescu

that's ~the story.

01:25

mircea_popescu

what separates the men from the children is that one year, and whether at the end of it you're green or not.

~ 18 minutes ~

01:43

mircea_popescu

and in other determined & disciplined ladies, http://78.media.tumblr.com/59e2abb30065155f37a61619912ee9f6/tumblr_nlpa1fx6kq1u65br0o1_400.gif

01:49

BingoBoingo

<mircea_popescu> they cost you about 50k to buy, and the rack will run you about 50k for a year. that means your yearly budget is about 100k, roughly. << This is roughly my impression. 50k colorent, 40-70k-ish hardware, 35-ish k physical presence so as to walk to servers, 2k birthing company, 5k retainers, 100k prudent reserve (In case of Best Korea, Intifada, meteor storm, Pelosi). Rent boxes out for ~2x cost basis (all in, not board so

01:49

BingoBoingo

PCENGINES APU not so cheap), VPS 3x+ cost basis. Misc weird (i.e. hand courier and colo 32 bit SPARC machine) billed in proportion to time they take from providing excellent customer service and 2x cost basis for livng space.

↖

01:49

BingoBoingo

But this week is about refining that to more concrete figure.

01:53

BingoBoingo

But 25-30k/month by month 18 is goal

01:56

BingoBoingo

gross receipts

01:57

mircea_popescu

well it's good to have goals in any case.

02:00

BingoBoingo

Well goal more honest than US retail label of "plan"

02:01

BingoBoingo

Also it seems the deedbutt payment hasn't gone through yet.

02:02

mircea_popescu

ugh.

02:02

mircea_popescu

my bad, i had it wrong for both of you.

02:02

BingoBoingo

Not to address, but to deedbutt wallet

02:02

BingoBoingo

ah

02:02

mircea_popescu

!!pay BingoBoingo 1

02:02

deedbot

Get your OTP: http://p.bvulpes.com/pastes/MbTb3/?raw=true

02:06

mircea_popescu

and in other unexpected news, http://beforeitsnews.com/opinion/2017/10/the-point-of-nuclear-weaponsfrom-a-uk-citizens-standpoint-2459684.html

02:09

mircea_popescu

BingoBoingo done nao.

02:09

hanbot

Even the once unknown Mircea Popescu is now making waves with his blog. << lmfao, "it's not plagiarism if you throw a name in there entirely out of context!!1"

02:10

BingoBoingo

Ah, ty

02:10

BingoBoingo

!!balance

02:10

deedbot

http://p.bvulpes.com/pastes/tJUgR/?raw=true

02:23

BingoBoingo

!!~ticker --market all

02:26

mod6

<+hanbot> Even the once unknown Mircea Popescu is now making waves with his blog. << lmfao, "it's not plagiarism if you throw a name in there entirely out of context!!1" << yeah, srsly.

~ 15 minutes ~

02:41

BingoBoingo

Anyways, my impression of the business is that its like farming, except customer service is a thing.

02:43

BingoBoingo

Occasionally there's big moves, none bigger than starting out. Everything else is consistency at every size.

~ 26 minutes ~

03:10

mircea_popescu

possibru.

~ 1 hours 59 minutes ~

05:10

*

asciilifeform waves from sunny orcistan

05:11

00:04	deedbot	http://trilema.com/2017/michelangelo-antonioni-ce-un-imbecille-che-non-hai-altro/ << Trilema - Michelangelo Antonioni c'e un imbecille che non hai altro.
		~ 1 hours 10 minutes ~
01:15	mircea_popescu	http://btcbase.org/log/2017-10-22#1727577 << can't imagine why they designed it this way, but ~everyone does, coinbase, mycellium, coin-something else.
01:15	a111	Logged on 2017-10-22 01:15 trinque: super dumb.
01:15	mircea_popescu	the god of magic numbers gave them the 900 second and they're sticking ot it!
01:16	mircea_popescu	ben_vulpes a) you're not going to make money renting space as such. this wasn't even in the original design, i've nfi why you added it in.
01:17	mircea_popescu	b) you're not going to charge 1k/mo for any servers, don't be ridiculous. you're going to pay 500-2k to buy the server, and then rent it out for the usual 2x the fixed cost.
01:19	mircea_popescu	your 42 u full rack takes 40 boxes, optimized so they pull say 150-200 W on average. that'll keep you out of power overages 99% of the time.
01:19	mircea_popescu	they cost you about 50k to buy, and the rack will run you about 50k for a year. that means your yearly budget is about 100k, roughly.
01:19	mircea_popescu	!~calc 1e5 / 40 / 12
01:19	jhvh1	mircea_popescu: 1e5 / 40 / 12 = 208.33333333333331
01:20	BingoBoingo	!!balance
01:20	mircea_popescu	your cost basis is ~200 per server. you can rent them for 3-400 as such, or can give out vpsen, which are more productive. perhaps even "shared" if particularily interested into it.
		↖ ↖ ↖
01:21	deedbot	http://p.bvulpes.com/pastes/zTdmb/?raw=true
01:21	mircea_popescu	these take more work, and consequently provide more revenue.
01:23	mircea_popescu	after the first year your machines are amortized and your downline built, so you're looking at some decent net margin. before the first year you're burdened by the capital costs and stuck with low occupancy, so you bleed cash.
		↖
01:23	mircea_popescu	that's ~the story.
01:25	mircea_popescu	what separates the men from the children is that one year, and whether at the end of it you're green or not.
		~ 18 minutes ~
01:43	mircea_popescu	and in other determined & disciplined ladies, http://78.media.tumblr.com/59e2abb30065155f37a61619912ee9f6/tumblr_nlpa1fx6kq1u65br0o1_400.gif
01:49	BingoBoingo	<mircea_popescu> they cost you about 50k to buy, and the rack will run you about 50k for a year. that means your yearly budget is about 100k, roughly. << This is roughly my impression. 50k colorent, 40-70k-ish hardware, 35-ish k physical presence so as to walk to servers, 2k birthing company, 5k retainers, 100k prudent reserve (In case of Best Korea, Intifada, meteor storm, Pelosi). Rent boxes out for ~2x cost basis (all in, not board so
01:49	BingoBoingo	PCENGINES APU not so cheap), VPS 3x+ cost basis. Misc weird (i.e. hand courier and colo 32 bit SPARC machine) billed in proportion to time they take from providing excellent customer service and 2x cost basis for livng space.
		↖
01:49	BingoBoingo	But this week is about refining that to more concrete figure.
01:53	BingoBoingo	But 25-30k/month by month 18 is goal
01:56	BingoBoingo	gross receipts
01:57	mircea_popescu	well it's good to have goals in any case.
02:00	BingoBoingo	Well goal more honest than US retail label of "plan"
02:01	BingoBoingo	Also it seems the deedbutt payment hasn't gone through yet.
02:02	mircea_popescu	ugh.
02:02	mircea_popescu	my bad, i had it wrong for both of you.
02:02	BingoBoingo	Not to address, but to deedbutt wallet
02:02	BingoBoingo	ah
02:02	mircea_popescu	!!pay BingoBoingo 1
02:02	deedbot	Get your OTP: http://p.bvulpes.com/pastes/MbTb3/?raw=true
02:06	mircea_popescu	and in other unexpected news, http://beforeitsnews.com/opinion/2017/10/the-point-of-nuclear-weaponsfrom-a-uk-citizens-standpoint-2459684.html
02:09	mircea_popescu	BingoBoingo done nao.
02:09	hanbot	Even the once unknown Mircea Popescu is now making waves with his blog. << lmfao, "it's not plagiarism if you throw a name in there entirely out of context!!1"