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No idling, no jobs, no work, no production, no need for this loading dock. Not long ago there were 500 employees working in this plant, it is now an electrical energy wasting, one man bitcoin mining, shit-show. This is one of many closed factories in a small Pennsylvania town that is slowly evaporating. In the past 60 years the population has dropped from around 6,000 to 1,800 with no signs of relief.
The mechanical door grinds open, letting a small amount of moonlight through. The lights of Reykjavík twinkle over the frozen wasteland, even visible at the Ansui Mining operation. The facility was highly guarded and under 24-hour protection by Ansui’s shadow military. Even still, May Eglisdottir was called out late to oversee a break-in investigation. The door makes a clunk as it opens all the way, letting May and her security team step inside.
The warehouse is warm despite the –20 C temperatures outside. The servers and GPUs hum away, fueling one of the largest Bitcoin mining operations in the world. The warehouse had already been secured, and the breach site had already been determined. The second server had been breached and a rouge worm at been placed, putting the whole operation at risk. May of course already knew this, her technicians had instantly noticed and isolated the second set of GPUs. She gingerly walks over the breach site and takes a look at the items left: a suitcase, a laptop and a card. The laptop was ruined, the gaping hole in the keyboard made that rather clear. The suitcase lay open with little bits of tech crammed inside though she wouldn’t have any clue what they did, so she left them alone. Finally, she reached for the card. Flipping it over revealed an ornate logo and the words: “AKU PARTNERSHIP”.
When the Enguri Dam was finally finished in 1987, it was the third highest dam worldwide with 272m. Today, it barely makes the top ten with China building one gigantic dam after the other.
If it runs at full power, it can supply about 40% of Georgia's electricity need. But one of the maintenance challenges is that parts of the infrastructure, especially the power station, are in the renegade province Abchasia. There is an agreement that Georgia gets 60% and Abchasia gets 40% of the electricity but in recent years it seems that Abchasian need increased noticeably due to bitcoin mining.
Stitched from 11 images.
From a series of illustrations on Bitcoin's emerging role as both a currency/store of value, and as a way to monetize stranded renewable energy.
For example: Hydro, wind and solar are all cyclical. Meaning they only produce part of the time. Wind when it is windy, solar in the daytime and hydro (mostly) in the rainy season. This leads to a feast-or-famine calculation that can make renewables more costly to implement.
You can transmit/sell excess power. But that is only economical up to a distance of 1,000 miles. You can store excess power in batteries, but that is expensive to scale. Using stranded renewable energy for Bitcoin mining gives you a way to monetize the periodic excess power much more efficiently.
Even more significant, shipping container-sized Bitcoin mining rigs are being used to monetize the vents from natural gas wells, which would otherwise periodically be *venting unburnt methane directly into the atmosphere.*
Yes, BTC uses a lot of power when viewed empirically, as does any scaled store of value. But the top-line numbers are very misleading, until you start to dig more underneath the surface.
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This photo was done in-camera, all natural light, with only toning adjustments and cleaning up the imperfections on the coin in post.
what is bitcoin mining ?
Bitcoin is Secure. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure.
Replaced my two AntMiner S1 Bitcoin miners with a single AntMiner S5. Less noise, less power but four times faster. Currently getting 1.2 TH/s. That's 1.2 trillion double SHA-256 hash computations per second.
As Bitcoin’s value rises, people are considering Bitcoin mining, as opposed to buying the virtual currency, however, there are numerous mining scams. It is challenging to find a legitimate operation that isn’t a Ponzi scam. While you can mine Bitcoins yourself, it usually is not feasible. You will need loud Bitcoin-specific ASIC machines and access to very expensive electricity. Today, most Bitcoin investors buy shares in mining organizations and let someone else worry about purchasing and running the equipment.
what is bitcoin mining ?
Bitcoin is Secure. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure.
Rex #Linux trojan can launch DDoS attacks, block sites and earn through #bitcoin mining. #malware #infosec t.co/iiQYsZ0Hk0 (via Twitter twitter.com/JavaPipe/status/769205539297460226)
Computer keyboard with orange Bitcoin mining button. For attribution please link to www.comparitech.com/ Thanks!
Bitcoin trading is not as good as mining, bitcoin mining can choose RHY, enjoy a stable income every day！！！https://www.rhy.com/reg/K2ATW7QT
Major upgrade to my Bitcoin mining hardware today. My hash rate increased by a full order of magnitude! It's a shiny new Antminer S9. It has 189 16nm ASIC processors that can do 14+ TH/sec. Also the first miner I've got that needs 240V power. It uses about 1.3kW. It's 100% powered by renewable energy of course.
Cryptocurrency mining software development, we offers all type of coin mining services. If you want to mining your own coin than Abstract Softweb is best option for you.
www.abstractsoftweb.com/blog/what-is-bitcoin-cryptocurren...
Bitcoin, and cryptocurrencies in general, remain an enigma to most people. Their understanding of the concept is typically limited to the fact that it is a virtual currency that exists solely online. They may have heard the terms “Blockchain” or “Bitcoin mining” in passing, but likely don’t know what they mean or how significant they are. Mass awareness may soon be inevitable, however, as there has been a recent trend towards hackers targeting vulnerable websites and computers to earn bitcoin for themselves without the permission of end-users.
To continue reading this article, please click on the following link!
janecrypto.com/hackers-may-be-using-your-computer-to-make...
Open Codes, César Escudero Andaluz (* 1983) und Martín Nadal (* 1978), Bitter Coin (2016) – ein gehackter Tischrechner versucht sich am Bitcoin-Mining.
Three ASICMiner 300MHz Block Erupters in an AmazonBasics hub with a fan. Each miner actually performs at over 333 MH/s so the full setup gets a modest 1GH/s, about 0.0008 BTC/day at current difficulty, uses about 10W energy. (The tape is to keep the hub from tipping over from the weight of the fan and miners. And yes, I know how embarrassing this looks; I use the word "rig" with no small sense of self-aware irony.)
UPDATE: I sold this whole rig 3 weeks later at a modest profit.
Results of last weekend's project: installed a bike hanger in the garage to keep the new Trek FX2 bike out of the way. It hangs in front of the Bitcoin mining enclosure and leaves just enough room to park the car.
For the curious, I used a "Dirza Bike Wall Mount Rack with Tire Tray" that I picked up from Amazon. It's working great for me so far.
Bitcoin mining computers in a shipping container powered by a solar farm on the Santa Margarita Ecological Reserve - SDSU by day and at night via generator.
Bitcoin Mining Komplettsystem – ca. 4 GH/s (Gigahashes pro Sekunde)
ASIC Bitcoin Mining.
consumelog.net/bitcoin-miner-asic-4-ghs-system-inklusive-...
what is bitcoin mining ?
Bitcoin is Secure. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure.
Sing-up here:
coingeneration.com/auth/new/476132
Digital Generation is a site where you can earn from 1$ day to 100$ day in Auto Pilot, only by leaving your computer working.
This site works using your computer. After registration you will have to download a simple software. That software will use about 3% of your CPU to work like a serverhost.
Each thread you get is valid for 12 months long, except the trial thread in the first month.
About the software:
You likely already have programs like Windows Media Player, FireFox and Microsoft Office. This Program isn't different from any other program. It's as easy to install as any other program and its completely harmless. The program works automatically, and will not interfere with other programs at all. It also won't bother you with annoying pop-ups. You won't even notice a difference in your computer's performance after you install our program. In fact the only thing you will notice because of our program is the increased size of your wallet.
This software is completely harmless. You can check this with any anti-virus program you wish. Our program will fit normally into the processor queue, it will not effect your overall system performance. In effect the program works independently, preforms only one specific function, which is to use your computers spare processing power as a chain of computers all working towards a single goal. By using distributed processing we are able to increase processing efficiency. This makes our super-computer one of the most powerful in the world, of a type not found elsewhere in the world.
Instructions:
- After register read your email for instructions.
- After register Do the phone verification Just put your number in profile. When you receive the sms you have to reply to the same number with the same content( Content with 5 Numbers)
- While you are waiting for the SMS, download and install the program.
- RUN the program
- Usually it takes 1-2 days to received the thread. If you are waiting longer just go to tickets page and send a ticket to trial department asking for your trial thread, provide your user ID. You can also check in chat if any admin is in there.
- Even without thread you can let the program running because when you get the thread the money will restore that time you already have.
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www.thekingslayer.com/wp-content/uploads/2018/02/blockcha... goo.gl/QRqPaC
Gaming for many years was at the forefront of pushing technology forward. If you think about the PC as the prime example and pinnacle of gaming. The more powerful the hardware the better resolution, graphic details, multitasking with multiple monitors, and the ability to...
Daniel Hwang, Head of Protocols @stakefish; Special Project Lead @F2Pool, stakefish; F2Pool, Fred Thiel, Chief Executive Officer, Marathon Digital Holdings, Harry Sudock, VP, Strategy, GRIID Infrastructure and Eliza Gkritsi, Reporter, CoinDesk
(Jim Stone/Shutterstock/CoinDesk)
PermianChain Technologies Inc. is operating the world’s first Blockchain-as-a-Service (BaaS) platform for natural resources, enhancing transparency, efficiency and profitability for our stakeholders. We discover the effective ways to harness the blockchain’s potential, using data science and AI to digitise, tokenize and capitalise on proven but undeveloped natural resources. If you’d like to hear more about how PermianChain is enhancing oil and gas trading and investment, join our mailing list today.
Visit: www.permianchain.com/
Where Bitcoin Mining Pools Stand on Segregated Witness t.co/j49UXGGFaH (via Twitter twitter.com/SvensMichael/status/810897884321345536)
The #Bitcoin #mining sector has grown into a million dollar industry, but if the rewards are going to be made half, how it will impact the miners across the globe, and will this have an effect on the network security, this is the central idea of this blog post. Click here for more info:
www.consulting24.co/post/will-bitcoin-halving-going-to-ha...