May 30, 2024

Archives for February 2013

"What we've got here is failure to communicate"

Since the historic snow storm, “Nemo,” deposited a NOAA-certified 40 inches of snow on my hometown of Hamden, CT, I have been watching from afar to see how the town and its citizens are using a combination of digital technology, the traditional telecommunications network, and mass media to communicate in the aftermath of the storm. […]

Ed Felten elected to National Academy

The National Academy of Engineering announced today that Edward W. Felten, professor of computer science and public affairs, and director, Center for Information Technology Policy, Princeton University, Princeton, N.J., has been elected to the National Academy “For contributions to security of computer systems, and for impact on public policy.” From the NAE’s announcement: Election to […]

Making Excuses for Fees on Electronic Public Records

I wrote a letter to Judge Hogan, the recently appointed Director of the Administrative Office of the US Courts. I wanted to make the case directly to him that the courts should do the right thing — and that what they are doing right now is against the law. I was assured by his colleagues […]

Basic Economics of Bitcoin Mining

Arvind wrote yesterday about the availability of chips that do super-fast Bitcoin mining. I want to follow up by unpacking the economics of Bitcoin mining, to see what the effect of the new chips will be, and more generally what the future of Bitcoin mining looks like.

Bitcoin grows up, gets its own hardware

The big news in the Bitcoin world is that there are several Bitcoin-mining ASICs (custom chips) already shipping or about to be launched. Avalon in particular has been getting some attention recently. Bitcoin mining moved long ago from CPUs to GPUs, but this takes it one step further. The expectation is that very soon most […]