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Bitcoin Mining Heats Home For Free In Siberia (qz.com)
Quartz has published a video on YouTube about two entrepreneurs who have figured out how to heat their homes for free by mining bitcoin. The "miner" -- that is, the machine mining the bitcoins -- warms up liquid that is then transferred to the underfloor heating system. The cottage has two miners, which bring in about $430 per month from processing bitcoin transactions -- all while keeping the 20 square meter space warm. |
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| There are no conversations. |
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| George Matthew Adams |
Few people wear out before their time. Mostly they rust out, worry out, run out - spill out. A machine must have care and its different parts must be adjusted properly. No machine has ever approached the human machine. When it is right, it is in health. |
| Annie Jacobsen |
Back in the 1950s, there was a top-secret program code-named SUNTAN being conducted at a top-secret facility called Skunk Works. Its objective? To develop a liquid-hydrogen-powered spy plane. Because liquid hydrogen is incredibly volatile, early experiments were conducted inside a bomb shelter with eight-foot-thick walls. |
| Naveen Jain |
Just think of the opportunities we can unlock by making education as addictive as a video game. This type of experiential, addictive learning improves decision-making skills and increases the processing speed and spatial skills of the brain. When was the last time your child asked for help with a video game? |
| Angela Featherstone |
I was 16 when I entered the foster system, and know firsthand the statistics for 'aging out.' When I was in the group homes, I saw some of the kids being moved into foster homes with the potential for adoption. I remember well asking a social worker if I could find a home, too. I was told I was 'too old' and 'no one wants to adopt a 16-year-old.' |
| Ray Dalio |
Nature is a machine. The family is a machine. The life cycle is like a machine. |
| Drew Gilpin Faust |
As a scholar, you don't want to repeat yourself, ever. You're supposed to say it once, publish it, and then it's published, and you don't say it again. If someone comes and gives a scholarly paper about something they've already published, that's just terrible. As a university president, you have to say the same thing over and over and over. |
| Joel Edgerton |
The first video I ever watched was on a Beta system because everyone thought Beta was the way but then it ended up being video so we backed the wrong horse. |
| Martin Campbell |
I always look at these superhero films, and I see people hurdling towards at a hundred miles per hour, and then they get up, shake their head, and charge back at a hundred miles per hour. Nobody seems to really get injured or hurt. I don't find any threat in that. There is no tension in that whatsoever. |
| Atom Egoyan |
The film camera's ability to physically move through space, not zoom through space - every time we have a video camera the movement is through zoom; every time we have a film camera it is a physical movement. |
| JWoww |
I'm very into working out, but I'm one of those where I'm good for, like, a month, and then I fall off, and then I'm good for a month... like everyone! |
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Samsung Made a Bitcoin Mining Rig Out of 40 Old Galaxy S5s
Samsung is starting a new "Upcycling" initiative that is designed to turn old smartphones and turn them into something brand new. Behold, for example, this bitcoin mining rig, made out of 40 old Galaxy S5 devices, which runs on a new operating system Samsung has developed for its upcycling initiative. Samsung premiered this rig, and a bunch of other cool uses for old phones, at its recent developer's conference in San Francisco. Upcycling involves repurposing old devices instead of breaking them down for parts of reselling them. The people at Samsung's C-Lab -- an engineering team dedicated to creative projects -- showed off old Galaxy phones and assorted tablets stripped of Android software and repurposed into a variety of diff...
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its been going on for years for bitcoin until it got more difficult to mine. black hat miners targetted video gamers and pc game torrents to find users with high cpu and graphics cards. and recently a site was planting mining malware on advertisements on video streaming sites, that way users would already be using a lot of memory or whatever and not notice the js miner
This post is a comment.
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Pirate Bay is Mining Cryptocurrency Again, No Opt Out
msmash 11 minutes ago 6
The Pirate Bay is mining cryptocurrency again, causing a spike in CPU usage among many visitors. From a report: For now, the notorious torrent site provides no option to disable it. The new mining expedition is not without risk. CDN provider Cloudflare previously suspended the account of a site that used a similar miner, which means that The Pirate Bay could be next. Last month The Pirate Bay caused some uproar by adding a Javascript-based cryptocurrency miner to its website. The miner utilizes CPU power from visitors to generate Monero coins for the site, providing an extra source of revenue. [...] The Pirate Bay currently has no opt-out option, nor has it informed users about the latest mining efforts. This co...
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I set up cudaminer for dogecoin mining! I'm mining dogecoins now! :D
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IRS Now Has a Tool To Unmask Bitcoin Tax Evaders
You can use bitcoin. But you can't hide from the taxman. At least, that's the hope of the Internal Revenue Service, which has purchased specialist software to track those using bitcoin, according to a contract obtained by The Daily Beast. The document highlights how law enforcement isn't only concerned with criminals accumulating bitcoin from selling drugs or hacking targets, but also those who use the currency to hide wealth or avoid paying taxes. The IRS has claimed that only 802 people declared bitcoin losses or profits in 2015; clearly fewer than the actual number of people trading the cryptocurrency -- especially as more investors dip into the world of cryptocurrencies, and the value of bitcoin punches past the $4,000 mark. Maybe lots of bitcoin traders didn't realize the government expects to collect tax on their digital earnings, ...
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A Coal Power Plant is Being Reopened For Blockchain Mining
Sure, you could mine bitcoin on that old PC in your garage, or you could use a whole power station to do it. That's the idea behind the Blockchain Application Centre -- an Aussie tech initiative that will see one of the country's now-shuttered coal-fired power plants reopened to provide cheap power for blockchain applications. It's the work of Australian tech company IOT Group, which has partnered with local power company Hunter Energy on the project. According to The Age, Hunter Energy will recommission the Redbank power station in the Hunter Valley, two hours drive north of Sydney. Once the power plant is reopened (expected to be completed within 12 months), it will offer wholesale or "pre-grid" power prices to blockchain comp...
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Silk Road investigator gets more jail time for second Bitcoin theft
A Secret Service agent already convicted to 71 months in prison for swiping Silk Road Bitcoins will get another two years for a separate Bitcoin theft, Reuters reports. Shaun Bridges pleaded guilty to stealing 1,606 Bitcoins -- worth around $360,000 at the time and now valued at over $11 million -- from a Bitcoin wallet controlled by the Secret Service. The theft was discovered when the agency tried to return some of the coins after they were seized from the European BitStamp exchange.
That sounds crazy, but there's more. B...
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For the first time ever, the price of one bitcoin has surpassed the price of one ounce of gold. While today's swap can be attributed to a good day for bitcoin (up ~3%) and a bad day for gold (down ~1.3%), the big picture is that bitcoin has more than doubled in the last year (up ~185% from a year ago) while gold is essentially trading exactly at the price it was a year ago. Even though bitcoin and gold are both thought of as alternative assets, they don't usually trade in correlation. Still, it's notable that bitcoin has (at least temporally) surpassed the price of gold. Gold is quite literally the "gold standard" of alternative assets, often used by investors to hedge against potential losses in more traditional assets like real estate and the stock market.
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I have expanded my crypto investments! Now I own bitcoin, bitcoin cash and ethereum which are going up from 10%-30% a day. I only own small amounts but its neat and I cant wait to spend them on something
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Did Elon Musk Create Bitcoin?
EditorDavid 5 hours ago 108
An anonymous reader quotes CryptoCoinsNews: It should be no surprise that the elusive hunt for Satoshi, often referred to as the father of Bitcoin, has led to the theory that Elon Musk has been hiding a big secret from all of us. Sahil Gupta, a computer science student at Yale University and former intern at SpaceX, believes just this... Bitcoin was written by someone with mastery of C++, a language Musk has utilized heavily at SpaceX. Musk's 2013 Hyperloop paper also provided insight into his deep understanding of cryptography and economics...
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