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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 companies, allowing them to do things like mining cryptocurrencies, without having to pay retail power prices. |
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There are no conversations. |
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Zaha Hadid |
For many years, I hated nature. As a student, I refused to put a plant anywhere - a living plant, that is. Dead plants were OK. |
Bindi Irwin |
If there's one thing I really want for my birthday, that is for the mining company not to mine my daddy's reserve. |
Michelle Gagnon |
I was really fascinated by some of the things happening with Anonymous, the hackers group. I don't necessarily agree with everything they've done, but I thought it was a really interesting use of technology and the fact that there's a whole group of people who can take over systems and fight things from behind the scenes. |
Nick D'Aloisio |
The App Store has democratized the creation of content. As a 12-year-old kid, I was able to put my application on the store. No one knows who's behind the screen so you can't tell I'm a 12-year-old. |
Niger Innis |
I don't give a darn about coal or about oil. I do give a darn about oil jobs. I do give a darn about the jobs that coal can bring... I am against the Obama administration demonizing certain forms of energy and glorying others. I say, bring it all in. |
Swami Vivekananda |
Take up one idea. Make that one idea your life - think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success. |
Jason Calacanis |
People like rich applications on their desktop, and there is no reason why you can't have both a rich desktop and a light, cloud-based application framework. Why is it always either/or for people? |
Warren Farrell |
Women are the only 'oppressed' group that is able to buy most of the $10 billion worth of cosmetics each year; the only oppressed group that spends more on high fashion, brand-name clothing than its oppressors; the only oppressed group that watches more TV. |
Greg Egan |
Australian SF book publishing has undergone a boom recently, and sometimes it's easier for new writers to sell a book to a local publisher first, which then makes a US edition more likely. |
Steve Irwin |
I'm a proud Australian, a very, very proud Australian. |
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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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Once Hailed As Unhackable, Blockchains Are Now Getting Hacked
Early last month, the security team at Coinbase noticed something strange going on in Ethereum Classic, one of the cryptocurrencies people can buy and sell using Coinbase's popular exchange platform. Its blockchain, the history of all its transactions, was under attack. An attacker had somehow gained control of more than half of the network's computing power and was using it to rewrite the transaction history. That made it possible to spend the same cryptocurrency more than once -- known as "double spends." The attacker was spotted pulling this off to the tune of $1.1 million. Coinbase claims that no currency was actually stol...
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False power is power you give to an external source.
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I am speaking mostly about group and formal interaction rather than intimate one on one. I'm saying that our primal instinct to gain association with strong people makes relationship a game when I would prefer it to be more authentically selfless. If relationship is led so much by our instinct to increase our power, how can we call it love. Plot twist: love is power
This post is a comment.
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Scotland Produced Enough Wind Energy To Power All Its Homes Twice Over
Wind turbines in Scotland generated 9,831,320 megawatt hours between January and June 2019, WWF Scotland said Monday. The numbers, which were supplied by WeatherEnergy, mean that Scottish wind generated enough electricity to power the equivalent of 4.47 million homes for six months. That is almost double the number of homes in Scotland, according to WWF Scotland. By 2030, the Scottish government says it wants to produce half of the country's energy consumption from renewables. It is also targeting an "almost completely" decarbonized energy system by 2050.
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Hacked Water Heaters Could Trigger Mass Blackouts Someday
At the Usenix Security conference this week, a group of Princeton University security researchers will present a study that considers a little-examined question in power grid cybersecurity: What if hackers attacked not the supply side of the power grid, but the demand side? From a report: In a series of simulations, the researchers imagined what might happen if hackers controlled a botnet composed of thousands of silently hacked consumer internet of things devices, particularly power-hungry ones like air conditioners, water heaters, and space heaters. Then they ran a series of software simulations to see how many of those devices a...
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One of my old teachers had a very interesting saying that he would employ as an answer to questions - "There are very few things in life you have to do".
While we may not "need" money on a fundamental level, it is the dominant mode of exchange and power transfer in our social, political, and economic lives. Until another convention or set of conventions replaces money, it is essential to integrating ourselves into the whole and providing for the needs and desires of ourselves and families.
What we need is food, shelter, clothing, etc. How we get it is not and cannot be as naturally availa...
This post is a comment.
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The power lines are on fire and I have work to do...
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always knew this was possibleeee
Data exfiltrators send info over PCs' power supply cables Malware tickles unused cores to put signals in current
f you want your computer to be really secure, disconnect its power cable.
So says Mordechai Guri and his team of side-channel sleuths at the Ben-Gurio...
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UPDATE 10 a.m. Thursday: The aftermath of a blustery day continues to echo throughout the region, as thousands remain without power and numerous school and government buildings are closed.
More than 7,000 Lansing Board of Water & Light Customers remained without power as of 8:30 a.m., the utility reported, down from 20,000 customers at the storm’s peak.
More than 12,000 Consumers Energy customers remain without power in Ingham, Eaton and Clinton counties. Consumers Energy reported about 183,000 statewide customers without power just before 9 a.m., down more than 100,000 since last evening. ...
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