HackerTrans
TopNewTrendsCommentsPastAskShowJobs

ArtTimeInvestor

2,156 karmajoined 5년 전

Submissions

The ASML Q4 numbers are out: €9.7B in sales, €2.8B in net income [pdf]

ourbrand.asml.com
1 points·by ArtTimeInvestor·5개월 전·0 comments

comments

ArtTimeInvestor
·13시간 전·discuss
Thats why I said proof of work that is used to mine a cryptocurrency to pay the bills of websites that serve information.

As long as the website gets paid more than the cost of serving the pages, it does not matter if a human or a bot did the POW.

Securing signup forms is another issue. Maybe related. But not what I was referring to.
ArtTimeInvestor
·15시간 전·discuss
In theory, proof of work that is used to mine a cryptocurrency could be a solution.

Bitcoin and others are already secured via massive pow computations. If we could shift that into browsers, no additional energy would be used and we could solve an issue that has been unsolved for too long: How to pay websites that provide useful information other than with ads.

The question is which resources typical consumer hardware has that large centralized compute power does not. In-browser POW to pay websites would only be possible if such a resource exists.

I am not familiar with the topic, but maybe CPU power and memory? Both seem significant in a typical consumer device.

Napkin math: If a consumer device can generate $100 per month, that would be 100/30/24/60/60=$0.00004 per second. If the user waits for 5 seconds before the first pageview, that would then make the website provider $0.0002 per visitor. Serving a million visitors per month is nowadays easily possible on a $10/month machine. So the $0.0002x1000000 = $200 would make the website a nice profit.
ArtTimeInvestor
·3개월 전·discuss
It is a step into the right direction.

Over time, more and more work is going to be done by AI though. At some point, it will be unthinkably slow and expensive to let humans work on anything.

To do *that* locally, you need GPUs and LLMs.

How will Europe solve these two?
ArtTimeInvestor
·5개월 전·discuss
I don't see anything that looks like a "slowing" in mid 2018.

Growth in Q1, Q2 and Q3 2018 was higher than anything that came before.
ArtTimeInvestor
·5개월 전·discuss
I don't see anything that looks like a "slowing" in mid 2018.

Q1, Q2 and Q3 2018 are all higher than anything that came before.
ArtTimeInvestor
·5개월 전·discuss


     "...the slowing GDP growth rate in America..."
What are they talking about?

https://fred.stlouisfed.org/series/GDP
ArtTimeInvestor
·5개월 전·discuss
In the limit, that would mean that Bitcoin's volatility reflects only the savings rate of people.

That would mean that Bitcoin is pure monetary value. In that case, it would suck out all the monetary premium from other assets like real estate, equities and gold. The monetary premium in those is probably a few hundred trillion. So by that time, Bitcoin's price should be 2 orders of magnitude higher than today.
ArtTimeInvestor
·5개월 전·discuss
So a minus of about 45% from the all time high three months ago?

If this is it for this cycle, that would indicate the volatility of Bitcoin went down significantly.

Taking a look at the Bitcoin to USD price chart, I see roughly these numbers:

2013: $1,100 -> $238 = -78%

2017: $19,000 -> $3,500 = -82%

2021: $68,000 -> $16,000 = -76%

It will be interesting to watch if the volatility really stays this low suddenly. If so, one could point to the institutional adoption over the last years as the reason for this. When I ask Gemini for the number of public companies with Bitcoin on their balance sheets over the last years, I get:

2023: 67

2024: 79

2025: 190

And a similar trend for Bitcoin ETFs and ETPs. Twice as many in 2025 than in 2023.
ArtTimeInvestor
·5개월 전·discuss
AI will be involved in all processing of data. Everything that is human work today will be done by AI tomorrow.

So if Europe will rely on US AI infrastructure, nothing is won by moving the old CPU bound processes off of US cloud infrastructure.
ArtTimeInvestor
·5개월 전·discuss
Can Europe build AI datacenters though?

Europe has no wafer production and no companies that produce GPUs.

That means it is dependent on Taiwan for wafers and the USA for GPU design.

Then there is the question wether there is a will to invest. Gemini gives me this list of publicly traded companies in the US and what they invested in AI infrastructure in 2025:

    Amazon: $100B
    Alphabet: $90B
    Microsoft: $80B
    Meta: $70B
    Tesla: $20B
For Europe, I get this list:

    Deutsche Telekom: $1B
ArtTimeInvestor
·5개월 전·discuss
Google is still the best search engine. YouTube is still the best video site. Android is still the best operating system. Chrome is still the best browser.

And on the side they built the best AI and the best autonomous ride service.

Not bad for a "hollow shell" of a company.
ArtTimeInvestor
·5개월 전·discuss


    I've never seen a company that ...
You have not seen Alphabet, Apple, Microsoft? Where are you looking? They all did tens of billions of share buybacks every year for many years now.

Example: Alphabet has started share buybacks in 2015 and increased those every year. $70B in 2025 alone. And they are firing on all cylinders product-wise.
ArtTimeInvestor
·6개월 전·discuss
If the USA cannot be trusted that they will honor the ownership of gold in their vaults, can it be trusted to honor the ownership of US equities and bonds held by foreigners?
ArtTimeInvestor
·7개월 전·discuss
Additionally, I have read up a bit more on the Lightning Network now, and it seems not possible to send invalid payments in the first place.

The sender does not have a direct communication channel with the receiver. They send the payment to a hop they are connected to (they have a channel with) and it gets routed to the receiver. The first hop would already drop an invalid payment. If they spam them with more invalid payments, all that would happen is that their connection to the Lightning Network would get lost as their channel partners would disconnect from them. The receiver would not receive a single network packet in the whole process.
ArtTimeInvestor
·7개월 전·discuss
The incentive to send http requests is that data comes back. That's why the storm of scrapers hurts website owners. They gather the data and give nothing back.

What would be the incentive to send failing payment requests?
ArtTimeInvestor
·7개월 전·discuss
All of these problems would go away if we had micropayments. So that the user could pay for the resources they use.

The user would know that each pageview is $0.001.

The website owner would know each pageview pays for itself.

We probably could get there with some type of crypto approach. Probably one that is already invented, but not popular yet. I don't know too much about crypto payments, but maybe the Bitcoin Lightning network or a similar technology.
ArtTimeInvestor
·8개월 전·discuss
Hetzner is awesome.

I wish they would go public.

Would be very interesting to see how their business is doing compared to IONOS and OVH.

We need more public cloud companies in Europe.
ArtTimeInvestor
·8개월 전·discuss
This is cool.

It tells you something about how much a gambling place the market is when a site like this has a one day default for the price change. When it comes to a high level view of the market, why would I care for a comparison of todays prices to ... YESTERDAY??

My first reaction was to look for a 10 year option. There is none, so I took the 5 year option. All of the big names roughly doubled or tripled over the last 5 years. Amazon lagging a bit behind. I could start to reason about the numbers but .. 5 years is just too short. I would play with it more if there was a 10 year option.

And I would love Love LOVE a European version of this.
ArtTimeInvestor
·8개월 전·discuss
Because I am interested to hear about the experience as a customer.

How content are you with them? Have you tried alternatives?

You don't think the web interface is chaotic?
ArtTimeInvestor
·8개월 전·discuss
Are you using them?