Category: Digital Infrastructure & Platforms
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Basic Economics of Bitcoin Mining
Arvind wrote yesterday about the availability of chips that do super-fast Bitcoin mining. I want to follow up by unpacking the economics of Bitcoin mining, to see what the effect of the new chips will be, and more generally what the future of Bitcoin mining looks like.
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Bitcoin grows up, gets its own hardware
The big news in the Bitcoin world is that there are several Bitcoin-mining ASICs (custom chips) already shipping or about to be launched. Avalon in particular has been getting some attention recently. Bitcoin mining moved long ago from CPUs to GPUs, but this takes it one step further. The expectation is that very soon most…
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FCC Open Internet Advisory Committee Progress
Earlier this year, I wrote about the launch of the Open Internet Advisory Committee (OIAC). The committee’s mandate is to, “track and evaluate the effect of the FCC’s Open Internet rules, and to provide any recommendations it deems appropriate to the FCC regarding policies and practices related to preserving the open Internet.” I’m chairing the…
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Predictions for 2013
After a year’s hiatus, our annual predictions post is back! As usual, these predictions reflect the results of brainstorming among many affiliates and friends of the blog, so you should not attribute any prediction to any individual (including me–I’m just the scribe). Without further ado, the tech policy predictions for 2013:
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When Technology Sanctions Backfire: The Syria Blackout
American policymakers face an increasingly complex set of choices about whether to permit commerce with “repressive regimes” for core internet technologies. The more straightforward cases involve prohibitions on US import of critical network technology from states that we suspect may include surveillance backdoors. For example, fears of “cyber espionage” have fueled a push for import…
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No Longer Bit Players: Internet Governance & Economic Growth in Developing Countries
The 200 sovereign state members of the United Nations International Telecommunications Union (ITU) will gather in Dubai this week for the World Conference of International Telecommunications (WCIT). The WCIT is a treaty developed to facilitate global interconnection and interoperability between telecommunications carriers. The treaty was last reviewed in 1988, an era where the majority of telecommunications networks…
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My Work at Princeton: Mobile Technology, Community Building and Civic Engagement
I’m excited to spend my year as a Fellow at the Center for Information Technology Policy exploring and testing ideas about how broadband technology – particularly mobile wireless services – can and should be used to build strong local communities. I have always been interested in how seemingly simple improvements to the existing way of…
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The Decline of DVD-by-Mail, or Further Thoughts on the Digital Death of Copyright's First Sale Doctrine
Netflix reported a second-quarter profit last week as customer demand continues to drive a transition in the company’s primary delivery model from DVD-by-mail to Internet streaming. According to The New York Times, “he company’s net losses among DVD-by-mail subscriptions outpaced its gains in net streaming subscriptions in the United States, reflecting the continued challenge of…
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Open Internet Advisory Committee kick-off
Last Friday, we had the first meeting of the Open Internet Advisory Committee (OIAC), called for by the FCC in the recent Open Internet Order. The members of the OIAC consist of a mix of folks from venture capital firms, ISPs, governance organizations, community organizations, and academics like myself. The OIAC’s mission is to “track and evaluate…
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I Tell the FCC to End In-Home Video Encryption
In my last post, I asked “Who Killed the Open Set-Top-Box?.” There were some great comments on that post, which inspired me to write up my thoughts and send them to the FCC. The FCC has long tried and failed to mandate that cable companies make their systems more interoperable with third-party consumer devices. Nevertheless,…