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6/22/2020 by Admin (00:35:18 AM)

In 2011, the price of one bitcoin swiftly rose from about US$0. 30 to US$32 before returning to US$2. In the latter half of 2012 and during the 2012–13 Cypriot financial crisis, the bitcoin price started to rise, reaching a high of US$266 on 10 April 2013, before crashing to around US$50. On 29 November 2013, the cost of one bitcoin rose to a peak of US$1,242. In 2014, the cost fell sharply, and as of April remained depressed at little more than half 2013 prices. As of August 2014 it was under US$600.

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3/13/2020 by Admin (10:30:45 AM)

This month, Quartz took a tour of the mine and spoke with its employees. Working in such a spot can be both tedious and surreal. But the work is less physically hard—and the clean, temperature managed environment is less risky to personnel’ health—than at many roles in the realm, where the economic system is driven by coal mining and industries like aluminum smelting and chemical engineering. China’s biggest open pit coal mine, Haerwusu, lies about 125 miles 200 km from the company park. In 2012, before coal prices began to plummet, Ordos accounted for a fifth of the nation’s coal output. Each constructing is surrounded by two fine wire mesh fences.

Custom designed “miners” are definitely sold for this purpose, with program and hardware designed for the only aim of providing the maximum amount of computational power to the peer to appear system, and thus growing better odds of finishing blocks.

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4/11/2020 by Admin (06:35:05 PM)

Security researcher Brian Krebs corroborated with TechCrunch's source and with data got by Reuters that the scam appeared to have originated in the "OGUsers" group. The OGUsers forum "OG" status for "customary gangster" was normal for promoting and buying social media money owed with short or "rare" names, and in accordance to its owner, talking to Reuters, the apply of trafficking in hacked credentials was prohibited. Screenshots from the forum show quite a few users on the forum featuring to hack into Twitter debts at US$2,000 3,000 each. Krebs stated some of the members may have been tied to the August 2019 takeover of Twitter CEO Jack Dorsey's Twitter account. The OGUsers owner told Reuters that the debts shown in the screenshots were since banned. The FBI brought July 16 it was launching an investigation into the scam, as it was used to "perpetuate cryptocurrency fraud", a crook offense.

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3/21/2020 by Admin (10:21:27 AM)

Since the inception of bitcoin and other cryptocurrencies, visual puzzles that contain virtual asset rewards were very usual. This week a Reddit user named ‘u/cryptogreetings’ posted a cryptic image online that contained a puzzle with a 1 BTC prize. Since the image was published online no one has been capable of crack it as far as the common public address can be seen here. The picture is black and orange and white with a bitcoin symbol and numerous words, and numbers strewed across the image. The author says if no you're going to crack it in a week they'll put up some hints to aid people out. your clarification of the asymmetric encryption method that allows users to confirm possession truly isn’t at all technical, but purely metaphorical. One would ought to study and bear in mind elliptic curve theory and math to appreciate the issue of the problem a person trying to steal your bitcoin would are looking to solve. Other cryptocurrencies use elliptic curve, too, which has been around about 30 years now. The curve most bitcoins use is extremely simple, designed for instant verification. Also, cryptocurrencies have zero intrinsic value as an investment, and so rely strictly and absolutely on what’s called a “better fool” method. Bitcoin is an digital fee system, but really it’s just a computer program.

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8/1/2020 by Admin (05:15:00 AM)

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