Hacker News: AureliusMA

New comment by AureliusMA in "Qwen3.8-Max: A New Bar for Coding and Cowork"

AureliusMA — Mon, 03 Aug 2026 05:07:06 +0000

Points are starting to be made in favor of value, to the contrary of what you are affirming. Specifically because the new open weights models lower the TCO of hardware in an environment where new open weights were previously thought to be a thing of the past.

New comment by AureliusMA in "Qwen3.8-Max: A New Bar for Coding and Cowork"

AureliusMA — Mon, 03 Aug 2026 05:04:09 +0000

If you can do inference on the CPU, drop the GPU : it should be faster.

Ukraine disguised a $20B sabotage mission as a 'porn film'

AureliusMA — Tue, 23 Jun 2026 20:40:28 +0000

Article URL: https://www.telegraph.co.uk/books/non-fiction/nord-stream-conspiracy-bojan-pancevski-review/

Comments URL: https://news.ycombinator.com/item?id=48651064

Points: 13

# Comments: 0

New comment by AureliusMA in "Why Almost Everyone Loses–Except a Few Sharks–On Prediction Markets"

AureliusMA — Mon, 04 May 2026 16:52:09 +0000

It provides information that's not accurate.

New comment by AureliusMA in "Why Almost Everyone Loses–Except a Few Sharks–On Prediction Markets"

AureliusMA — Mon, 04 May 2026 16:47:38 +0000

The authorities heavily regulate penny stocks since Boiler rooms.

New comment by AureliusMA in "Why Almost Everyone Loses–Except a Few Sharks–On Prediction Markets"

AureliusMA — Mon, 04 May 2026 16:46:01 +0000

There is no value generation in trading stocks either beyond IPO, as stocks are then simply second-hand markets and can be completely irrational. The main value is just like the lottery : entertainment, excitment.

New comment by AureliusMA in "Why Almost Everyone Loses–Except a Few Sharks–On Prediction Markets"

AureliusMA — Mon, 04 May 2026 16:41:28 +0000

The only winners are the market makers and the ones initiating insider trading. You'll always be on the wrong is of the liquidity when trying to ride alongside scammers.

New comment by AureliusMA in "Why Almost Everyone Loses–Except a Few Sharks–On Prediction Markets"

AureliusMA — Mon, 04 May 2026 16:39:51 +0000

This is like saying that "Supersize me" is free publicity for MacDonalds.

New comment by AureliusMA in "Someone allegedly used a hairdryer to rig Polymarket weather bets"

AureliusMA — Mon, 04 May 2026 16:36:22 +0000

The betting contract depended on the Oracle's data for resolution. The Oracle's data was altered. The betting contract wasn't altered, however the social contract was.

New comment by AureliusMA in "How Monero’s proof of work works"

AureliusMA — Mon, 04 May 2026 16:24:48 +0000

Running computer power costs a lot more than thin air.

New comment by AureliusMA in "How Monero's proof of work works"

AureliusMA — Mon, 04 May 2026 16:21:39 +0000

It's very usable. It's just not the PoS some expected.

New comment by AureliusMA in "How Monero’s proof of work works"

AureliusMA — Mon, 04 May 2026 16:19:56 +0000

Don't forget about the pineapple fund : https://en.wikipedia.org/wiki/Pineapple_Fund

Also wall street never considered it seriously until a few years ago.

New comment by AureliusMA in "How Monero's proof of work works"

AureliusMA — Mon, 04 May 2026 16:18:51 +0000

We are very far from 2140, the year the last bitcoin will be mined. 15 years is nothing, this is a very long term paradigm shift.

New comment by AureliusMA in "How Monero's proof of work works"

AureliusMA — Mon, 04 May 2026 16:16:39 +0000

You would be surprised at how efficient cryptocurrency mining is compared to other ways of storing value. And most improvements happen to reduce the overall cost of securing value (PoS, PoST, etc)

New comment by AureliusMA in "How Monero’s proof of work works"

AureliusMA — Mon, 04 May 2026 16:14:28 +0000

Agreed with your explanation.

I would add a different way to make sense of it.

Proof of work allows for what Keynes called "Bancor". BTC is succesful because unlike fiat central banks, the money supply isn't dictated by interest rates (and thus loans) but by the effort of participants. The price of BTC is almost irrelevant, BTC itself is a paradigm shift.

Regarding the fixed supply, it's only fixed because participants agree to the consensus algorithm that fixes it. Many cryptocurrencies have different tokenomics, such as ETH's rules under PoS. BTC miners could vote onchain for a hard fork to change the 21M cap - or another solution.

New comment by AureliusMA in "How Monero’s proof of work works"

AureliusMA — Mon, 04 May 2026 16:09:10 +0000

Bitcoin Cash's value begs to differ.

New comment by AureliusMA in "How Monero's proof of work works"

AureliusMA — Mon, 04 May 2026 16:08:27 +0000

Lyn Alden is great. Andreas Antonopoulos is also a great educator.

New comment by AureliusMA in "How Monero’s proof of work works"

AureliusMA — Mon, 04 May 2026 16:07:43 +0000

Fiat money is proof of stake, except the failure mode is economic collapse or military collapse.

New comment by AureliusMA in "How Monero's proof of work works"

AureliusMA — Mon, 04 May 2026 16:05:36 +0000

There are mechanism in place to prevent attacks, that require more than 51% control of staked ETH. The team behind ETH probably stayed on PoW for a long time to build the market cap such as to make attacks unlikely by the sheer amount of capital required.

New comment by AureliusMA in "How Monero’s proof of work works"

AureliusMA — Mon, 04 May 2026 15:56:43 +0000

There was a proposal on Ethereum that didn't succeed (progpow) since they were already in the late stage of transitionning to PoS. Ethereum did quite a good job at keeping asic advantage moderate (the speedup was 100% max - not orders of magnitude). RandomX is basically progpow that succeeded. You might be interested in Chia's Proof of Space and Time... and how it collapsed!