Hy there to all of you out there, white, black, yellow and avatar 😋🤣 people around the WordPress world !
Hope you are all well and safe in these troubled times we live on this beautiful planet of ours !
I come before you, to ask for your opinion and what you would like to see explained in my posts !?! Just let me know and I will try my best to accomodate your requests !
Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
It’s been 4 years already and it seems I haven’t done nothing at all… With the little time I could spare to work on this blog, I hope I bought a tiny seed … Continue reading 4th Year WordPress Anniversary→
January 3rd 2023 – Bitcoin 14th Anniversary Happy Genesis Block Day! January 3 is the 14th anniversary of Bitcoin’s Block Zero, its anchor in time. The first sentence of the email has become … Continue reading Happy Genesis Block Day→
So – You want to be a Computer Dude? The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.” When we … Continue reading Computer Dude Inc.→
Bitcoin can serve as a first line of defense for freedom — a nonviolent tool which can disincentivize violence and control.
It is not only a hedge against currency devaluation, but a hedge against tyranny as well.
FREEDOM AS RESPONSIBILITY AND A MORAL IMPERATIVE
Owning bitcoin allows you to be your own bank, and much like maintaining freedom, it’s a hefty responsibility.
While it may be far too easy to leave your coins on an exchange, if you simply buy bitcoin but never take custody, you are leaving yourself open to a multitude of attacks. One of the most insidious, is the potential for a self-custody ban or some sort of regulatory capture of the exchanges, effectively turning bitcoin into another meme stock that must be held by a third-party custodian.
In the process, the peer-to-peer decentralized nature of the network gets degraded for millions of potential users across the country, if not the whole world.
When you have your money in banks and investment accounts, it’s not really yours. It belongs to the banks — the custodians — and it’s granted access to you at the behest of them and the government.
To these custodians, granting you access to your money is an inconvenient privilege that can be rescinded at a moment’s notice.
It’s a testament to how powerful western nations have become and a cautionary tale for what could happen if you ever see yourself in the outgroup in the event of a heated disagreement.
Anarcho-capitalists to Communists alike, whatever your views, whatever your political proclivities, Bitcoin has your back.
It is a completely voluntary system of censorship-resistant, peer-to-peer, electronic money. It is a digital bearer instrument if you use it correctly.
It is simply a tool; a tool that does not discriminate and does not care who you are or what you believe.
Bitcoin is a tool that just is; a tool that just does.
It exists everywhere and nowhere, simultaneously.
All you need to do is learn.
It is perhaps the largest peaceful protest in the history of mankind, and it is your best way to preserve freedom.
Loss of freedoms typically require violence to reinstate; opt in to peace through buying and holding bitcoin.
Every purchase you make is a vote for the future that you want. Through buying and holding bitcoin, holding your keys and taking back your self-sovereignty, you move the country back toward a sound money standard that can do much to fix our divisive problems.
Furthermore, you are making it harder for tyranny and government overreach to take hold. You are sowing the seeds for a better tomorrow
Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
It’s been 4 years already and it seems I haven’t done nothing at all… With the little time I could spare to work on this blog, I hope I bought a tiny seed … Continue reading 4th Year WordPress Anniversary→
January 3rd 2023 – Bitcoin 14th Anniversary Happy Genesis Block Day! January 3 is the 14th anniversary of Bitcoin’s Block Zero, its anchor in time. The first sentence of the email has become … Continue reading Happy Genesis Block Day→
So – You want to be a Computer Dude? The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.” When we … Continue reading Computer Dude Inc.→
1b) Any pool that does NOT share transaction fees should be rejected from consideration (which, unfortunately, is most, if not all, Chinese based pools)
2) Reasonable variance – You need to get paid often enough to be happy. This is a tough one.
Variance is the close cousin to “Luck”.
The luckier a pool is, the more blocks it finds relative to its hashing speed, and the less variance it will have. But its not a real thing! “Luck” could change any microsecond. “Luck” is just mathematical statistics – over a long enough time period, all pools will average out to 100% luck.
Luck Statistik for 14 Blocks
You need to understand Variance:
A big pool finds more blocks, but distributes the earnings out to more miners.
A small pool is just the reverse: it finds fewer blocks, but pays those earnings to fewer people. Over the long run, Rule #1, well, rules.
3) Wind-up/Wind-down time – Most pools use some leveling algorithm.
4) User Interface – That doesn’t matter much if you have a few miners. If you have hundreds, the difference can be thousands of dollars a Year.
Notes:
A)In the long run #2 & #3 really don’t matter much. Both pools show your hashing rate in minutes, payouts just lag on Kano compared to Slushpool, but would continue longer if you changed in the future
B) Bigger is not better. Sure Antpool is #1 in size, in no small part to Bitmain using their own pool (no fees for them!). Your profit will be determined mostly by rule #1 – lower fees mean more profit.
C) More, smaller, pools is healthier for the blockchain. If you can live with the variance, support the pool with the longest average payout you are happy with.
D) For pools with long ramp up times that are relatively small, like Kano, you MIGHT suffer due to difficulty changes while you ramp up.
For smaller pools, make sure you understand what happens to your efforts (based on their scoring system) when a difficulty change occurs.
Apollo BTC – A Bitcoin ASIC Miner and Desktop Class Computer running a Full Node
Introducing the FutureBit Apollo BTC
Six CPU Cores. 44 ASIC Cores. 1TB NVMe Based SSD Drive. Quiet. Less than 200 Watts of Power. Made in the USA. This is what the Future of Bitcoin looks like.
FutureBit Apollo BTC is the world’s first vertically integrated platform bringing the full power of Bitcoin and it’s mining infrastructure in a small, quiet, easy to use desktop device designed for everyday people.
We have iterated and learned much from our first Apollo product. We realized early on that we focused too much on the mining aspect, and not enough on the software, applications, and services that run Bitcoin. Too many of these services have moved to online centralized websites, and many users have given up on running the core software that powers Bitcoin.
This must change, as Bitcoin will not continue to be the free, un-censorable, decentralized system it is today if only a few control the mining that powers it, and the nodes that control it.
At the heart of the new Apollo BTC product is a revamped SBC (Single Board Computer), that is as powerful as any consumer grade desktop system and can run almost any Bitcoin Application natively on the device 24/7. Take it out of the Box, plug it in, power it on, and you are already running a full Bitcoin node without needing to do anything.
Install a wallet of your choice, use any hardware wallet, run BTCPayServer, run a block explorer, run a Lightning Node. All of this is possible with our six core ARM based CPU with 4GB of RAM, and a 1TB NVMe drive that can easily store a FULL non pruned Bitcoin Node. It can power through a Full Node Sync in under 48 hours, which is a record for a device of its class! This is almost an order of magnitude faster than any Raspberry Pi 4 based Node.
On top of this we have taken our 6 years of experience building ASIC mining devices, and engineered the only American Made TeraHash range Bitcoin mining device that can be silent on your desk, mine Bitcoin in the background 24/7, and only use the power of one light bulb to do it.
We did this with our optimized PCB design that has carefully placed all 44 hash cores underneath our custom cold-forged aluminum induction heatsink, which draws up to 200 Watts of heat away from the device with our new nearly silent 25mm fan. This results in the Apollo BTC in Turbo Mode being just as quiet as the Apollo LTC in Eco Mode!
Like our previous products, we are super proud that we can continue manufacturing the Apollo BTC in the USA, and are now the only USA based company that delivers Bitcoin ASIC products with a supply chain whole owned in the western hemisphere (no more reliance on Chinese based ASICS, and their willingness to only sell to large farms and the highest bidder).
OPTIONS
Full Apollo Package: This is our Full Package option that comes with everything you need in the box. The Apollo BTC Unit with our latest controller built in, and our 200W Power supply with power cable.
Full Apollo Package NO Power Supply: We are also offering the Full Package with no power supply for people that want the plug-n-play experience but have spare 12v ATX power supply.
Standard: This option is ONLY the Apollo ASIC Miner, with no controller or power supply. Our new hashboard has a micro USB port, and can be used as a USB device. The Full Apollo Node can control multiple standard units through its USB ports. We wanted to give our customers an option to expand their hash power in a cost effective way. If you already have a Raspberry Pi, or Linux/Windows Desktop Computer and a power supply with two PCIE power ports you can also control our Standard unit in this way with our stand alone miner software (please note this setup will be for more advanced users, and the software will be command line based on launch).
Standard + Power Supply: Same as our Standard unit above, but comes with our 200W Power supply. This is a plug and play solution if you already have a Full Apollo Package. Take it out of the box, plug in the power supply, plug in the micro USB cable to the back of your Full Apollo BTC and it will automatically recognize the second hashboard and start mining!
Compact All-In-One Desktop Bitcoin System (4x6x4in) that mines Bitcoin and any SHA256 based crypto (Bitcoin Cash etc).
Powerful 6 ARM Core CPU with 4GB of LPDDR4 RAM and 1TB NVMe SSD (NOT included in the Standard or Standard + package).
Comes Pre-Installed with a Bitcoin node, and you can install almost any Bitcoin Application
Very wide range of operation modes with preset ECO (quiet) mode, BALANCED, and TURBO mode.
2-3.8 TH/s of SHA256 performance per miner (+/- 5%)
125 Watts in ECO mode, and 200 Watts in TURBO * +/- 10%
Can be used as a full Desktop computer with a monitor keyboard and mouse (not included), or through our Web UI
Connect almost any peripheral with our USB 3.0 ports, USB C port, HDMI, AC Wifi, and Bluetooth
Clocks and Power is fully customizable by user with easy to use interface
Hashboard now monitors both voltage and power draw for accurate measurements*
Custom designed cold forged hexagonal pin heatsink with leading thermal performance for the quietest ASIC miner in operation!
1k-5k RPM Quiet Dual Ball Bearing Fan with automatic thermal management with onboard temperature sensor
Controlled via local connection on a web browser similar to antminers. You can simply set it up via smartphone browser. No crazy driver installs, hard to use miner software or scripts needed.
Two Six Pin PCIE power connectors for wide-range of power draw
Custom Designed all Aluminum case
Ships with our own custom built 200W 94% efficient PSU and is ready to run out of the box! (Does NOT come with Standard package).
Requirements:
Router with an Ethernet cable for initial setup OR Monitor with keyboard and mouse
At least a 250 watt 12v power supply with two 6 Pin PCIE connector is required (unless you order our packages that come with our power supply). This is the same connector used by all modern GPUs. Please note even standard units NEED a power supply, they cant be powered through the USB port on the full package unit.
As I am the owner of two of these beauties, that I have on my office as you saw in the photo above, I took the liberty to make Free-Publicity for the FutureBit Apollo Btc Miner.
Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
It’s been 4 years already and it seems I haven’t done nothing at all… With the little time I could spare to work on this blog, I hope I bought a tiny seed … Continue reading 4th Year WordPress Anniversary→
January 3rd 2023 – Bitcoin 14th Anniversary Happy Genesis Block Day! January 3 is the 14th anniversary of Bitcoin’s Block Zero, its anchor in time. The first sentence of the email has become … Continue reading Happy Genesis Block Day→
So – You want to be a Computer Dude? The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.” When we … Continue reading Computer Dude Inc.→
• Individually, each of these technologies deserves all the attention they’re getting as enablers and disruptors
• But, taken together?
• Their transformative effect becomes multiplicative
• A future driven by machine connectivity, data exchange and commercial services:
IoT connects billions of machines and sensors generate unprecedented quantities of real-time data
AI enables the machines to act on data and trigger services
Blockchain functions are the transaction layer where data and service contracts are securely stored and payments for services are settled
How does blockchain support intelligent connected machines?
• Smart Contracts enable self-executing and self-enforcing contractual states
Custom financial instruments (tokens), records of ownership of an underlying physical asset (smart property), any
complex business logic that can be programmable
Can such applications be ideal for intelligent (AI) and connected (IoT) machines?
These machines are intelligent enough to negotiate contracts, but need a technology allowing them to securely sign and enforce them
• Digital currencies create new forms of money
Programmable and active
Will such money be ideal for intelligent (AI) and connected (IoT) machines?
These machines will need digital currency to pay for services assigned through the smart contracts
How will the three technologies work together?
IoT – Internet of Things
Sensors allow us to cost-effectively gather tremendous amounts of data.
Connectivity allows us to transmit/broadcast these data.
But, there is a missing element: intelligence to process these data.
AI – Artificial Intelligence
Intelligence at the very edges of the network (mini-brains).
Combine with IoT and you have the ability to recognize meaningful patterns buried in mountains of data in ways that would be impossible for most humans, or even non-AI algorithms, to do.
But, there is a missing element: a secure storage layer for data and a transaction layer for services
DLT (blockchain) – Distributed Ledger Technology
Decentralized governance, coupled with no single point of failure, disintermediation, unalterable and searchable records of events.
Digital currencies and tokenized custom financial instruments.
Combine with AI and IoT and you have a new world of autonomous systems interacting with each other, procuring services from each other and settling transactions.
The technology stack of the future
Technology Stack of the Future
Toward a world of machine commerce
A world of Machine Commerce
M2M will need SSI (self-sovereign identities) – for objects!
Human Identities types
Object identities can be SSI by default
Multi-source, multi-verifier
Digitally signed, verifiable credentials that can prove issuer, holder and status
Secure peer-to-peer connections (permanent or session-based)
Exchange full credentials, partial credentials or ZKPs derived from credentials
Next milestone: Decentralized Organizations (DOs)
DOs are good at:
Coordinating resources that do not know/trust each other (including hybrid
H/M)
Governing in a geography-agnostic, censorship-resistant manner
Enabling short-term or informal organizational structures (networks/communities)
Tracking and rewarding contribution
Challenges
Jurisdictional issues
Legislating new types of work for humans and work rules for machines
Governance modalities, including external supervision
Challenges
New/upgraded system architectures
• From legacy to blockchain/AI/IoT-native systems • Integration, interoperability, backward compatibility • ROI obvious ex post, difficult ex ante – Bootstrapping
Advanced analytics capabilities
• As devices at the edge become smarter, the smart contracts enabled by blockchain platforms will require more advanced data analytics capabilities and gateways to the physical world.
New Business Models
Disruptive innovation will dominate – but not without boom-and-bust cycles and big failures along the way.
Winners will NOT be the ones focusing on efficiency gains, but on disruptive models.
Key takeaways
• IoT, AI and DLT (blockchain) are foundational and exponentially growing technologies
When combined, they will create a new internet of connected, intelligent and commercially transacting machines
An era machine-to-machine (M2M) and human-to-machine (H2M) commerce is likely to emerge, with profound consequences on social and economic dynamics
New forms of corporations or organizational formats (code-only, autonomous) will emerge
• There are numerous challenges that must be overcome
IoT has outpaced the human internet, but is still a largely passive, insecure and privacy-vulnerable network
AI has made huge leaps, but still requires immense computational resources and is largely incompatible with edge computing
DLT is a new technology, largely untested at scale; both smart contracts and digital assets lack the regulatory clarity required for mass adoption
Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
It’s been 4 years already and it seems I haven’t done nothing at all… With the little time I could spare to work on this blog, I hope I bought a tiny seed … Continue reading 4th Year WordPress Anniversary→
January 3rd 2023 – Bitcoin 14th Anniversary Happy Genesis Block Day! January 3 is the 14th anniversary of Bitcoin’s Block Zero, its anchor in time. The first sentence of the email has become … Continue reading Happy Genesis Block Day→
So – You want to be a Computer Dude? The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.” When we … Continue reading Computer Dude Inc.→
Gold is a chemical element with the symbol Au (from Latin: aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally.
It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form.
Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions.
Gold often occurs in free elemental (native) form, as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite.
Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).
A relatively rare element, gold is a precious metal that has been used for coinage, jewelry, and other arts throughout recorded history.
Still, gold coins ceased to be minted as a circulating currency in the 1930s, and the world gold standard was abandoned for a fiat currency system after 1971.
As of 2017, the world’s largest gold producer by far was China, with 440 tonnes per year.
A total of around 201,296 tonnes of gold exists above ground, as of 2020. This is equal to a cube with each side measuring roughly 21.7 meters (71 ft).
Gold’s high malleability, ductility, resistance to corrosion and most other chemical reactions, and conductivity of electricity have led to its continued use in corrosion-resistant electrical connectors in all types of computerized devices (its chief industrial use).
The world consumption of new gold produced is about 50% in jewelry, 40% in investments and 10% in industry.
Gold is also used in infrared shielding, colored-glass production, gold leafing, and tooth restoration. Certain gold salts are still used as anti-inflammatories in medicine.
F I A T
Fiat money (from Latin: fiat, “let it be done”) is a type of money that is not backed by any commodity such as gold or silver, and typically declared by a decree from the government to be legal tender.
Throughout history, fiat money was sometimes issued by local banks and other institutions. In modern times, fiat money is generally established by government regulation.
Yuan dynasty banknotes are a medieval form of fiat money
Fiat money does not have intrinsic value and does not have use value. It has value only because the people who use it as a medium of exchange agree on its value. They trust that it will be accepted by merchants and other people.
Fiat money is an alternative to commodity money, which is a currency that has intrinsic value because it contains a precious metal such as gold or silver which is embedded in the coin.
Fiat also differs from representative money, which is money that has intrinsic value because it is backed by and can be converted into a precious metal or another commodity.
Fiat money can look similar to representative money (such as paper bills), but the former has no backing, while the latter represents a claim on a commodity (which can be redeemed to a greater or lesser extent).
Government-issued fiat money banknotes were used first during the 11th century in China.
Fiat money started to predominate during the 20th century.
Money declared by a person, institution or government to be legal tender, meaning that it must be accepted in payment of a debt in specific circumstances.
State-issued money which is neither convertible through a central bank to anything else nor fixed in value in terms of any objective standard.
Money used because of government decree.
An otherwise non-valuable object that serves as a medium of exchange (also known as fiduciary money.)
The term fiat derives from the Latin word fiat, meaning “let it be done” used in the sense of an order, decree or resolution.
Bitcoin – Digital Gold
The most common, and best, ways to think about bitcoin is as “digital gold”.
Like gold, bitcoin doesn’t rely on a central issuer, can’t have its supply manipulated by any authority, and has fundamental properties long considered important for a monetary good and store of value.
Unlike gold, bitcoin is extremely easy and cheap to “transport”, and trivial to verify its authenticity.
Bitcoin is also “programmable”. This means custody of bitcoin can be extremely flexible. It can be split amongst a set of people (“key holders”), backed up and encrypted, or even frozen-in-place until a certain date in the future. This is all done without a central authority managing the process.
You can walk across a national border with bitcoin “stored” in your head by memorizing a key.
The similarities to gold, plus the unique features possible because bitcoin is purely digital, give it the “digital gold” moniker.
Sharing fundamental properties with gold means it shares use-cases with gold, such as hedging inflation and political uncertainty.
But being digital, bitcoin adds capabilities that are especially relevant in our modern electronic times.
The world does indeed need a digital version of gold.
Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
It’s been 4 years already and it seems I haven’t done nothing at all… With the little time I could spare to work on this blog, I hope I bought a tiny seed … Continue reading 4th Year WordPress Anniversary→
January 3rd 2023 – Bitcoin 14th Anniversary Happy Genesis Block Day! January 3 is the 14th anniversary of Bitcoin’s Block Zero, its anchor in time. The first sentence of the email has become … Continue reading Happy Genesis Block Day→
So – You want to be a Computer Dude? The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.” When we … Continue reading Computer Dude Inc.→
Assigning the most powerful supercomputer to mine bitcoin would be comparable to hiring a grandmaster chess player to move a pile of bricks by hand.
The job would get done eventually but the chess player is much better at thinking and playing chess than exerting energy to repetitively move bricks.
Likewise, combining the computing power of the most powerful supercomputers in the world and using them to mine bitcoin would essentially be pointless when compared to the ASIC machines used today.
ASICs are designed to do one thing as quickly and efficiently as possible, whereas a supercomputer is designed to do complicated tasks or math problems.
Since Bitcoin mining is a lottery based on random trial and error rather than complex math, specialization (ASICs)beatsgeneral excellence (supercomputers) everytime.
Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
It’s been 4 years already and it seems I haven’t done nothing at all… With the little time I could spare to work on this blog, I hope I bought a tiny seed … Continue reading 4th Year WordPress Anniversary→
January 3rd 2023 – Bitcoin 14th Anniversary Happy Genesis Block Day! January 3 is the 14th anniversary of Bitcoin’s Block Zero, its anchor in time. The first sentence of the email has become … Continue reading Happy Genesis Block Day→
So – You want to be a Computer Dude? The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.” When we … Continue reading Computer Dude Inc.→
The Great Pyramid of Giza (also known as the Pyramid of Khufu or the Pyramid of Cheops) is the oldest and largest of the pyramids in the Giza pyramid complex bordering present-day Giza in Greater Cairo, Egypt.
Egyptologists conclude that the pyramid was built as a tomb for the Fourth Dynasty Egyptian pharaoh Khufu and estimate that it was built in the 26th century BC during a period of around 27 years.
Initially standing at 146.5 metres (481 feet), the Great Pyramid was the tallest man-made structure in the world for more than 3,800 years.
Over time, most of the smooth white limestone casing was removed, which lowered the pyramid’s height to the present 138.5 metres (454.4 ft).
What is seen today is the underlying core structure. The base was measured to be about 230.3 metres (755.6 ft) square, giving a volume of roughly 2.6 million cubic metres (92 million cubic feet), which includes an internal hillock.
The dimensions of the pyramid were 280 royal cubits (146.7 m; 481.4 ft) high, a base length of 440 cubits (230.6 m; 756.4 ft), with a seked of 5+1/2 palms (a slope of 51°50’40”).
The Great Pyramid was built by quarrying an estimated 2.3 million large blocks weighing 6 million tonnes total.
The majority of stones are not uniform in size or shape and are only roughly dressed.The outside layers were bound together by mortar.
Primarily local limestone from the Giza Plateau was used. Other blocks were imported by boat down the Nile: White limestone from Tura for the casing, and granite blocks from Aswan, weighing up to 80 tonnes, for the King’s Chamber structure.
There are three known chambers inside the Great Pyramid. The lowest was cut into the bedrock, upon which the pyramid was built, but remained unfinished. The so-called Queen’s Chamber and King’s Chamber, that contains a granite sarcophagus, are higher up, within the pyramid structure. Khufu’s vizier, Hemiunu (also called Hemon), is believed by some to be the architect of the Great Pyramid.
Many varying scientific and alternative hypotheses attempt to explain the exact construction techniques.
The funerary complex around the pyramid consisted of two mortuary temples connected by a causeway (one close to the pyramid and one near the Nile), tombs for the immediate family and court of Khufu, including three smaller pyramids for Khufu’s wives, an even smaller “satellite pyramid” and five buried solar barges.
Flavian Amphitheatre a.k.a Colloseum Rome – Italy
The Colosseum (Colosseo[kolosˈsɛːo]) is an oval amphitheatre in the centre of the city of Rome, Italy, just east of the Roman Forum.
It is the largest ancient amphitheatre ever built, and is still the largest standing amphitheatre in the world today, despite its age.
Construction began under the emperor Vespasian (r. 69–79 AD) in 72 and was completed in 80 AD under his successor and heir, Titus (r. 79–81).
Further modifications were made during the reign of Domitian (r. 81–96).
The three emperors that were patrons of the work are known as the Flavian dynasty, and the amphitheatre was named the Flavian Amphitheatre (Latin: Amphitheatrum Flavium; Italian: Anfiteatro Flavio[aɱfiteˈaːtro ˈflaːvjo]) by later classicists and archaeologists for its association with their family name (Flavius).
The Colosseum is built of travertine limestone, tuff (volcanic rock), and brick-faced concrete.
The Colosseum could hold an estimated 50,000 to 80,000 spectators at various points in its history having an average audience of some 65,000; it was used for gladiatorial contests and public spectacles including animal hunts, executions, re-enactments of famous battles, and dramas based on Roman mythology, and briefly mock sea battles.
The building ceased to be used for entertainment in the early medieval era.
It was later reused for such purposes as housing, workshops, quarters for a religious order, a fortress, a quarry, and a Christian shrine.
Although substantially ruined because of earthquakes and stone-robbers (for spolia), the Colosseum is still an iconic symbol of Imperial Rome and was listed as one of the New 7 Wonders of the World.
It is one of Rome’s most popular tourist attractions and also has links to the Roman Catholic Church, as each Good Friday the Pope leads a torchlit “Way of the Cross” procession that starts in the area around the Colosseum.
The Colosseum is also depicted on the Italian version of the five-cent euro coin.
Several walls were built from as early as the 7th century BC,with selective stretches later joined together by Qin Shi Huang (220–206 BC), the first emperor of China.
Little of the Qin wall remains. Later on, many successive dynasties built and maintained multiple stretches of border walls. The best-known sections of the wall were built by the Ming dynasty (1368–1644).
Apart from defense, other purposes of the Great Wall have included border controls, allowing the imposition of duties on goods transported along the Silk Road, regulation or encouragement of trade and the control of immigration and emigration.
Furthermore, the defensive characteristics of the Great Wall were enhanced by the construction of watchtowers, troop barracks, garrison stations, signaling capabilities through the means of smoke or fire, and the fact that the path of the Great Wall also served as a transportation corridor.
The frontier walls built by different dynasties have multiple courses. Collectively, they stretch from Liaodong in the east to Lop Lake in the west, from the present-day Sino–Russian border in the north to Tao River (Taohe) in the south; along an arc that roughly delineates the edge of the Mongolian steppe; spanning 21,196.18 km (13,170.70 mi) in total.
Today, the defensive system of the Great Wall is generally recognized as one of the most impressive architectural feats in history.
As history has left behind, monumental architectural constructions that we can admire and reamain in awe as we look at them, after thousands of years since the first stone was put, in today’s world our digital PoW can be seen and admired the same as the Great Wall of China or the Piramid of Giza !!!
Wich brings us to the question, what is Free talking about ?!?
Long Live the CypherPunksCypherPunks Write CodeGenesisBitcoin Genesis Block Mined 03 January 2009The Times January 3, 2009Bitcoin – Proof Of Work
Bitcoin-type Proof Of Work
In 2009, the Bitcoin network went online. Bitcoin is a proof-of-work digital currency that, like Finney’s RPoW, is also based on the Hashcash PoW.
But in Bitcoin, double-spend protection is provided by a decentralized P2P protocol for tracking transfers of coins, rather than the hardware trusted computing function used by RPoW.
Bitcoin has better trustworthiness because it is protected by computation. Bitcoins are “mined” using the Hashcash proof-of-work function by individual miners and verified by the decentralized nodes in the P2P bitcoin network.
The difficulty is periodically adjusted to keep the block time around a target time.
Since the creation of Bitcoin, proof-of-work has been the predominant design of peer-to-peer cryptocurrency. Studies have estimated the total energy consumption of cryptocurrency mining.
The PoW mechanism requires a vast amount of computing resources, which consume a significant amount of electricity. Recent estimates from the University of Cambridge put Bitcoin’s energy consumption as equal to that of Switzerland.
History modification
Each block that is added to the blockchain, starting with the block containing a given transaction, is called a confirmation of that transaction.
Ideally, merchants and services that receive payment in the cryptocurrency should wait for at least one confirmation to be distributed over the network, before assuming that the payment was done.
The more confirmations that the merchant waits for, the more difficult it is for an attacker to successfully reverse the transaction in a blockchain—unless the attacker controls more than half the total network power, in which case it is called a 51% attack.
2ASICs and mining pools
Within the Bitcoin community there are groups working together in mining pools.
Some miners use application-specific integrated circuits (ASICs) for PoW. This trend toward mining pools and specialized ASICs has made mining some cryptocurrencies economically infeasible for most players without access to the latest ASICs, nearby sources of inexpensive energy, or other special advantages.
Some PoWs claim to be ASIC-resistant, i.e. to limit the efficiency gain that an ASIC can have over commodity hardware, like a GPU, to be well under an order of magnitude.
ASIC resistance has the advantage of keeping mining economically feasible on commodity hardware, but also contributes to the corresponding risk that an attacker can briefly rent access to a large amount of unspecialized commodity processing power to launch a 51% attack against a cryptocurrency.
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Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
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Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
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Fiat money (from Latin: fiat, “let it be done”) is a type of money that is not backed by any commodity such as gold or silver, and typically declared by a decree from the government to be legal tender.
Throughout history, fiat money was sometimes issued by local banks and other institutions.
In modern times, fiat money is generally established by government regulation.
Yuan dynasty banknotes are a medieval form of fiat money.
It has value only because the people who use it as a medium of exchange agree on its value.
They trust that it will be accepted by merchants and other people.
Fiat money is an alternative to commodity money, which is a currency that has intrinsic value because it contains a precious metal such as gold or silver which is embedded in the coin.
Fiat also differs from representative money, which is money that has intrinsic value because it is backed by and can be converted into a precious metal or another commodity.
Fiat money can look similar to representative money (such as paper bills), but the former has no backing, while the latter represents a claim on a commodity (which can be redeemed to a greater or lesser extent).
Government-issued fiat money banknotes were used first during the 11th century in China.
Money declared by a person, institution or government to be legal tender, meaning that it must be accepted in payment of a debt in specific circumstances.
State-issued money which is neither convertible through a central bank to anything else nor fixed in value in terms of any objective standard.
Money used because of government decree.
An otherwise non-valuable object that serves as a medium of exchange (also known as fiduciary money.)
The term fiat derives from the Latin word fiat, meaning “let it be done”[10] used in the sense of an order, decree[2] or resolution.[11]
The word “FꟾAT”, with a long I and an A–T ligature.“Gold Is Money” – J.P Morgan, 1912Issue and Control a Nation’s Money… M.A. RothschildAndreeas AntonopoulosChoose WiselyPower to the People
Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
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January 3rd 2023 – Bitcoin 14th Anniversary Happy Genesis Block Day! January 3 is the 14th anniversary of Bitcoin’s Block Zero, its anchor in time. The first sentence of the email has become … Continue reading Happy Genesis Block Day→
So – You want to be a Computer Dude? The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.” When we … Continue reading Computer Dude Inc.→
Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
It’s been 4 years already and it seems I haven’t done nothing at all… With the little time I could spare to work on this blog, I hope I bought a tiny seed … Continue reading 4th Year WordPress Anniversary→
January 3rd 2023 – Bitcoin 14th Anniversary Happy Genesis Block Day! January 3 is the 14th anniversary of Bitcoin’s Block Zero, its anchor in time. The first sentence of the email has become … Continue reading Happy Genesis Block Day→
So – You want to be a Computer Dude? The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.” When we … Continue reading Computer Dude Inc.→
BTC total daily payout is 6.25 BTC * 6 times per hour * 24hours…on average = 900 BTC mined every day.
That has to be spread out, on average, evenly across then ENTIRE network. Granted, luck is involved, so it isn’t exactly even, but on average, it should be.
If network is running at 17,608,758 TH/s, and every TH gets an even share of the reward, then that would be 1800BTC / 17,608,758 TH/s = .00010222 BTC/(TH/s).
You then take that figure and multiply by number of TH for miner, and then you get daily BTC revenue ; )
Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney→
It’s been 4 years already and it seems I haven’t done nothing at all… With the little time I could spare to work on this blog, I hope I bought a tiny seed … Continue reading 4th Year WordPress Anniversary→
January 3rd 2023 – Bitcoin 14th Anniversary Happy Genesis Block Day! January 3 is the 14th anniversary of Bitcoin’s Block Zero, its anchor in time. The first sentence of the email has become … Continue reading Happy Genesis Block Day→
So – You want to be a Computer Dude? The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.” When we … Continue reading Computer Dude Inc.→