I've a friend who has been making a profit on cryptocurrencies. He's not in it to make a profit, but to have fun (and it requires some expertise at accounting and some experience with electronics and with hvac as much as anything else). Basically, a general purpose computer, or even a stack of gpus, cannot begin to compete. Also the power requirements for the custom built systems are significant enough that you need to treat them like electric heaters.
J can be useful for modelling characteristics of such systems, and understanding J can be very helpful for reasoning about such systems. But the systems themselves? Mostly they just sit there, gradually being obsoleted by the new and improved systems which will replace them. Does that help answer your question? Thanks, -- Raul On Mon, Apr 7, 2014 at 3:49 AM, Richard Hill <[email protected]> wrote: > Are the new "crypto-currencies" a fertile field for algorithm J-unkies? > Perhaps our Icelandic friend might comment. > He is 30 Auroracoin richer, by gift of his government. > Auroracoin is the brain child of Iceland's own Satoshi Nakamoto-like > character, who uses the pseudonym Baldur Friggjar Odinsson > > > ---------------------------------------------------------------------- > For information about J forums see http://www.jsoftware.com/forums.htm > ---------------------------------------------------------------------- For information about J forums see http://www.jsoftware.com/forums.htm
