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    Vitaliy_Kiselev
    Capitalism: Crypto scam victims paid for 7nm TSMC process
    • TSMC is set to experience a revenue decline of as much as 16% sequentially in the first quarter of 2019, due to a further weakening demand for cryptocurrency mining ASICs and GPUs.

      From this number drop of income related to mining is around 70%, but note that before latest iPhone chips manufacturing and on the top of bubble it had been much more. So crypto scam made by media had been used to add billions of dollars of victims money to allow at least one capitalist company to reach 7nm.

      Crypto scam seems to be complex media scheme involving hundreds of media sources tightly coordinated that had been used to finance both Nvidia and AMD during hard times and fully pay for new products design and equipment, as well as force people to pay for TSMC necessary modernization. Another sort of people who paid for this are users of Apple products, another kind of marketing victims.

      It'll be interesting to see how things will unwind as in coming years we can see biggest ever degradation and lack of any progress.

    2 comments 3 comments Vitaliy_KiselevNovember 27Last reply - November 28 by Vitaliy_Kiselev Subscribe to this blog
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    Vitaliy_Kiselev
    Capitalism: GM wants to scale down to free market for Tesla
    • General Motors will no longer make the plug-in hybrid Chevy Volt, ceasing production on March 1st, 2019. The news comes as part of a wider plan by GM to slash car production in North America and halt production of several low-selling brands.

      GM plans to close several plants:

      1. Oshawa Assembly in Oshawa, Ontario, Canada.
      2. Detroit-Hamtramck Assembly in Detroit.
      3. Lordstown Assembly in Warren, Ohio.
      4. Baltimore Operations in White Marsh, Maryland.
      5. Warren Transmission Operations in Warren, Michigan.
      6. In addition to the previously announced closure of the assembly plant in Gunsan, Korea, GM will cease the operations of two additional plants outside North America by the end of 2019 — in Oshawa, Ontario; Detroit, Michigan; and Warren, Ohio — putting the future of those plants in doubt.

      An estimated 14,000 factory workers and white-collar employees stand to lose their jobs.

      It is also expected that Nissan-Renault will have announcements coming within month or two.

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    Vitaliy_Kiselev
    PV Prediction: Apple going out of notebooks market
    • image

      On some markets drop reached around 40% compared to year ago.

      Dealers expect Apple to target super premium rich owners niche in 2019, and move to ARM proprietary solution in around 2020.
      In 2019 apple will have few price hikes on notebooks accompanied with more significant service price hikes and restrictions.
      It is also expected that FCP X will have another major overhaul making it more like FCP X 10 II by removing many features and adding special simplified mode made ala iPad apps for rich casual users. As this version will also work on top of the line iPad Pros at the time (due to move to new iOS like OS for Macs).

    8 comments 9 comments Vitaliy_KiselevNovember 26Last reply - December 4 by Vitaliy_Kiselev Subscribe to this blog
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    Vitaliy_Kiselev
    Capitalism: Bloodbath on crypto currency market continues, and it is good
    • image

      It is very good for video guys, as it means lot of used 1060-1080 Ti cards on the market.

      Watch out and learn how to check used card.

    5 comments 6 comments Vitaliy_KiselevNovember 25Last reply - December 8 by Vitaliy_Kiselev Subscribe to this blog
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    Vitaliy_Kiselev
    Capitalism: Canada post strike
    • In the event of Canada Post strike activity, China Post has decided to stop accept any packages to Canada. The package sent via China Post will be delayed, thus, we encourage the buyer to choose the Express services. We apologize for the inconvenience.

      Yet

      The Senate may take the rare step of sitting on the weekend in order to deal with emergency legislation to get Canada Post workers back on the job. It’s all the more urgent as the busiest shopping period of the year starts Friday.

      Watch will of ruling class becoming law.

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    Vitaliy_Kiselev
    Capitalism: Beijing wants to enforce social rating system to all citizens
    • China’s plan to judge each of its 1.3 billion people based on their social behavior is moving a step closer to reality, with Beijing set to adopt a lifelong points program by 2021 that assigns personalized ratings for each resident.

      The capital city will pool data from several departments to reward and punish some 22 million citizens based on their actions and reputations by the end of 2020, according to a plan posted on the Beijing municipal government’s website on Monday. Those with better so-called social credit will get “green channel” benefits while those who violate laws will find life more difficult.

      The Beijing project will improve blacklist systems so that those deemed untrustworthy will be “unable to move even a single step,” according to the government’s plan. Xinhua reported on the proposal Tuesday, while the report posted on the municipal government’s website is dated July 18.

      Capitalists always try to invent something to stay in power (including calling themselves communists) :-) And such system normally end up with their authors hanging on the trees (I guess it is crime to say such in China).

      https://www.bloomberg.com/news/articles/2018-11-21/beijing-to-judge-every-resident-based-on-behavior-by-end-of-2020

    5 comments 6 comments Vitaliy_KiselevNovember 23Last reply - November 26 by Vitaliy_Kiselev Subscribe to this blog
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    Vitaliy_Kiselev
    Capitalism: Important knowledge about cheap BF stuff
    • People need to know that their free shipping comes at a human cost. They might be shopping for things that are cheaper and arrive faster, but those packages are artificially cheap. They are being paid for in other ways. People who are watching the expansion of Amazon need to know that it’s not necessarily a good thing. Sure, you’ll get cheaper and faster packages. But Amazon runs on a logistics system that’s based off working people to the bare bones

      https://www.vox.com/the-goods/2018/11/20/18103516/black-friday-cyber-monday-amazon-fulfillment-center

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