BitsMcBytes's recent activity

  1. Comment on Cryptocurrency mining as a novel virtual energy storage system in islanded and grid-connected microgrids in ~enviro

    BitsMcBytes
    Link
    Per International Journal of Electrical Power and Energy Systems: Study shows Microgrids (MGs) not using Bitcoin Mining waste large amounts of renewable energy, but MGs using Bitcoin Mining stops...

    Per International Journal of Electrical Power and Energy Systems:

    Study shows Microgrids (MGs) not using Bitcoin Mining waste large amounts of renewable energy, but MGs using Bitcoin Mining stops almost all renewable energy curtailment waste and reduces operating cost by 46%.

    1 vote

  5. Comment on Visa Onchain Analytics Dashboard in ~finance

    BitsMcBytes
    Link Parent
    Probably faster settlement and lower transaction fees for global users. Reduce their own OPEX by using an open source global state machine. Same reason Jump, a high-frequency trading market maker,...

    Probably faster settlement and lower transaction fees for global users. Reduce their own OPEX by using an open source global state machine. Same reason Jump, a high-frequency trading market maker, is investing so much to build firedancer.
    Can read more of Visa’s research on it here:
    https://usa.visa.com/solutions/crypto/deep-dive-on-solana.html

  6. Comment on Visa Onchain Analytics Dashboard in ~finance

    BitsMcBytes
    Link Parent
    They mention that in the demo and point to Solana fixing the speed issues they ran into years ago, “blink and you’ll miss it.”

    They mention that in the demo and point to Solana fixing the speed issues they ran into years ago, “blink and you’ll miss it.”

  7. Comment on Visa Onchain Analytics Dashboard in ~finance

  8. Comment on Visa Onchain Analytics Dashboard in ~finance

  10. Comment on I made a mistake, I started using Reddit again in ~talk

    BitsMcBytes
    (edited )
    Link Parent
    Yup. It happens on all sites, even here. I was temp banned once and a mod deleted my comments asking someone if they would buy USTs at this rate level at this dollar level (at the time of asking.)...

    Yup. It happens on all sites, even here. I was temp banned once and a mod deleted my comments asking someone if they would buy USTs at this rate level at this dollar level (at the time of asking.) Everyone has off days and as long as there is moderation this is bound to happen.

    1 vote

  11. Comment on The reckless policies that helped fill our streets with ridiculously large cars in ~transport

    BitsMcBytes
    Link
    I mentioned this here last year: https://tildes.net/~transport/1afk/big_suvs_become_most_sold_new_vehicles_in_europe_customers_feel_more_safe_they_feel_more_powerful#comment-al2n

    I mentioned this here last year:
    https://tildes.net/~transport/1afk/big_suvs_become_most_sold_new_vehicles_in_europe_customers_feel_more_safe_they_feel_more_powerful#comment-al2n

    And, in the US at least, automakers are indirectly incentivized to produce larger SUVs due to the structure of fuel economy regulations.

    The CAFE standards established in 2012 introduced a size-based efficiency curve. This meant that larger vehicles, like SUVs and light pickup trucks, had fuel efficiency targets that got relatively less stringent the bigger the vehicle got.

    Consequently, when faced with regulations meant to improve the fuel efficiency of their existing vehicles, automakers chose to instead increase the size of SUVs and trucks to fit a more lenient part of the curve.

    7 votes

  16. Comment on A primer on Bitcoin cross-border flows: Measurement and drivers in ~finance

    BitsMcBytes
    Link
    Per the IMF:

    Per the IMF:

    An increase in the VIX is associated with higher Chainalysis inflows and outflows. This significant, positive response may reflect increased activity via the Bitcoin market as investors move away from risk assets.

    We contribute to this debate by providing cross-country panel evidence that off-chain cross-border outflows are positively correlated with a Bitcoin parallel premium which we interpret as a broader proxy for exchange rate pressures, reflecting macroeconomic imbalances.

    It is worth noting that the distribution of Bitcoin cross-border flows is skewed to the right with the Seychelles registering the largest Chainalysis inflows of 2.5 percent of GDP followed by Venezuela with 0.8 percent of GDP and Moldova with 0.7 percent of GDP on average over 2019-2022. Likewise, LocalBitcoins inflows amounted to 0.8 percent of GDP in Venezuela, followed by 0.0005 percent of GDP in Nigeria and 0.00002 percent of GDP in the Central African Republic on average over 2017–2022.

    1 vote

  18. Comment on Generation Z is unprecedentedly rich in ~finance

    BitsMcBytes
    Link Parent
    Oh dang, good to know! I didn't realize tags were manually set... tbh I thought they were done by AI or some kind of NLP (I'm not even joking haha)

    Oh dang, good to know! I didn't realize tags were manually set... tbh I thought they were done by AI or some kind of NLP (I'm not even joking haha)

    5 votes

  19. Comment on Generation Z is unprecedentedly rich in ~finance

    BitsMcBytes
    Link
    Archive link: https://archive.is/s07Xr per The Economist: — Gen-Z will soon pass Boomers in the US workforce — Gen-Z has higher home ownership level than Millennials at similar age — Median...

    Archive link: https://archive.is/s07Xr

    per The Economist:
    — Gen-Z will soon pass Boomers in the US workforce
    — Gen-Z has higher home ownership level than Millennials at similar age
    — Median household income at 25 is higher than Millennials or Boomers

    6 votes