Usuario criptográfico modifica la vieja escuela Game Boy para la minería de Bitcoin

El YouTuber Stacksmashing estimó que su plataforma tardaría „un par de cuatrillones de años en extraer un Bitcoin“.

Un investigador de seguridad de TI ha podido adaptar la primera gran consola de juegos portátil de Nintendo para minar criptomonedas

Según un video reciente de YouTube, el usuario Stacksmashing usó el hardware de un Nintendo Game Boy lanzado por primera vez en 1989 como punto de partida para extraer Bitcoin ( BTC ). Debido a que la consola de juegos no tiene capacidades inalámbricas incorporadas, y en gran medida es anterior a Internet, el YouTuber dijo que usó una placa de microcontrolador Raspberry Pi conectada al puerto de enlace de Game Boy y una tarjeta flash USB para establecer una conexión a un nodo BTC que se ejecuta desde su computadora.

„Mi objetivo era utilizar una Game Boy original y sin modificaciones“, dijo Stacksmashing. „Quiero conectar un cartucho y empezar a minar“.

Stacksmashing escribió su propio código de minería para la memoria de solo lectura de Game Boy, el software de minería integrado, modificado para la consola de juegos, y ejecutó un nodo BTC en su computadora. El resultado fue que nonces se incrementó en la pantalla verde de la consola, mostrando que la plataforma estaba intentando minar criptografía.

„La tasa de hash es bastante impresionante, aproximadamente 0,8 hashes por segundo“, dijo Stacksmashing, explicando:

„Si comparas eso con un minero ASIC moderno, que llega a alrededor de 100 Terahashes por segundo, puedes ver que somos casi tan rápidos, solo que en un factor de aproximadamente 125 billones. A este ritmo, solo deberíamos tomarnos un par de cuatrillones de años para extraer un Bitcoin „.

Muchos entusiastas de las criptomonedas han estado buscando las consolas de juegos como una forma de extraer BTC u otras criptomonedas durante algún tiempo, pero en general los sistemas no están diseñados ni comercializados para mineros. A principios de este mes, un desarrollador de software chino parecía haber hecho una broma al espacio criptográfico afirmando haber extraído Ether ( ETH ) usando una PlayStation 5. El año pasado, los desarrolladores de 1st Playable negaron los rumores de que uno de sus juegos podría usarse para secuestrar la consola Switch de Nintendo. para minar BTC.

Los intentos de Stacksmashing de usar una consola de juegos de 8 bits para extraer cripto pueden haber sido solo por la experiencia, pero ha dicho en Twitter que aún no ha terminado. El investigador de seguridad de TI ya afirma haber utilizado Super Game Boy de Nintendo, un adaptador lanzado en 1994 que permite jugar juegos originales de Game Boy en el Super Nintendo Entertainment System, para extraer BTC de la misma manera.

„Obviamente, extraer Bitcoin en una Game Boy es todo menos rentable, pero aprendí muchas cosas mientras construía esto y definitivamente me divertí muchísimo“.

Bitcoin price predictions are either bullish or super-bullish, experts say

Bitcoin price predictions are either bullish or super-bullish, experts say

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From crypto advocates to former sceptics, so-called experts are outdoing themselves in predicting ever higher future highs for the Bitcoin price.

Despite the current battle between BTC bulls and bears over the $50,000 mark and the Bitcoin Rush recent correction experienced in the Bitcoin price, a number of analysts and commentators have taken out their crystal balls to predict a glittering and shimmering future for the price of Bitcoin (BTC). So let’s get started and take a look at some of these promising futures.

BTC is still at the beginning of its bull cycle

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On 4 March, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, pointed to historical data suggesting that the bitcoin price is on its way to $100,000.

McGlone’s logic revolves around the growing discount for shares in the Grayscale Bitcoin Trust, which is at the same level as when it collapsed on Black Thursday last year. The discount refers to when shares in the Grayscale Bitcoin Trust trade for less than the value of the underlying bitcoin (normally they trade at a premium). Looking at historical data, he tweeted that Bitcoin’s price disparity on US. regulated exchanges in late February indicated a firming in the price fundamentals. Provided history repeats itself, McGlone said, this means cryptocurrencies are just getting started.

Grayscale #Bitcoin Trust Discount May Signal March to $100,000 – Bitcoin’s end of February price disparities on U.S. regulated exchanges portend a firming price foundation, if history is a guide, and are evidence of just how nascent the crypto is. pic.twitter.com/qj6hfTvH8K

– Mike McGlone (@mikemcglone11) March 4, 2021

The Bloomberg strategist is not the only expert with high expectations for the bitcoin price. Influencer and YouTuber Lark Davis, also known as Crypto Lark, thinks that „we’re past the first big price wave right now.“ What’s to follow are two more waves that will carry the price per BTC up a bit more each time.

This #bitcoin bull run has barely even started yet! We are just now past the first major price wave. Get ready for wave 2. pic.twitter.com/kRzAqlB2E8

– Lark Davis (@TheCryptoLark) March 4, 2021

Bitcoin price will reach $200,000 by the middle of this year

Technical analyst Kaleo tweeted a chart on 2 March predicting that the Bitcoin price will reach $100,000 as early as early April this year.

Two years ago, the analyst already boldly predicted that the Bitcoin price would reach $200,000 around mid-2021. So far, he has been remarkably accurate with his predictions. Just a fortnight ago, therefore, he tweeted that he still had confidence in this prediction he had made himself:

It’s by far the most accurate long-term chart prediction I’ve ever seen for Bitcoin… BTC will reach $200K+ this cycle.

Another analyst, who goes by the Twitter name MasterChangz, told his 10,000 followers that he believes the Bitcoin price will reach the $200,000 mark even sooner than mid-2021. According to him, this could possibly be as early as the beginning of April. The next rise, he said, is to $77,000 in the next two weeks.

Ex-Prudential Securities CEO: Bitcoin ‚Attractive Part of Almost Any Portfolio‘

En annen Wall Street-veteran går inn for at kryptovalutaer skal legges til i de fleste porteføljer – i små mengder.

  • George Ball ser noen risikoer som kommer fra Fed-stimulansen.
  • Kontanter og Bitcoin kan bidra til å sikre disse risikoene.

I et intervju i dag med Yahoo Finance, antydet Wall Street-veteranen George Ball, tidligere administrerende direktør i Prudential-Bache Securities, at kryptovalutaer er et godt tillegg til nesten alle investeringsporteføljer.

„Det investerende publikum akkurat nå er bekymret – og de profesjonelle investorene er bekymret – for at Fed er bak kurven,“ sa Ball. „At mengden stimulans som er tenkt er kanskje større enn det som vil være nyttig det neste året eller to for økonomien.“

Mens han ser for seg en „ekstremt kraftig rebound“ for slutten av 2021, skaper den biten av gode nyheter et dilemma for investorer: Hvordan sikrer du deg i et marked der obligasjonsrentene stiger, tekniske aksjer kan skyldes for en korreksjon, og den amerikanske sentralen banken prøver å øke inflasjonen?

Svaret hans: kontanter og Bitcoin

„Den beste sikringen mot et risikomarked er kontanter,“ delte Ball.

“Kontanter lar deg sove trygt om natten og ta større risiko med investeringene du gjør. Med kryptovalutaene tror jeg det er et grunnleggende hydra-ledet skifte som gjør dem attraktive som en del — liten del — av nesten hvilken som helst portefølje. ”

Årsakene inkluderer en sikring mot inflasjon, hvis den virkelig kommer tilbake på en stor måte, men også for å dra nytte av økende etterspørsel fra private investorer. Når små investorer hopper fra å spekulere på aksjer til å spekulere i kryptovalutaer, kan de ende opp med å føre prisen på visse kryptoaktiva videre.

Det er en økende aksept blant mange finansielle rådgivere at kryptovalutaer som Bitcoin bør være en del av investorenes porteføljer, men ikke nødvendigvis en stor del. Shark Tank-medverten Kevin O’Leary avslørte for eksempel nylig at Bitcoin ville representere 3% av porteføljen sin til tross for å ha kalt mynten „søppel“ to år tidligere.

Har investert flere milliarder dollar i Bitcoin

Og mens cloud computing-selskapet MicroStrategy har investert flere milliarder dollar i Bitcoin, fungerer en liten tildeling også for selskaper. Meltem Demirors, Chief Strategy Officer hos CoinShares, sa til Decrypt i februar:

„Vår forskning antyder at 4% er en optimal bitcoin-tildeling for å starte.“

Ball er for tiden administrerende direktør i Sanders Morris Harris, et private equity- og formuesforvaltningsselskap. Han trakk seg fra Prudential-Bache, en del av Prudential Financial, i 1991 blant påstander fra Securities and Exchange Commission om at selskapet hadde bedraget investorer. Prudential betalte 2 milliarder dollar i straffer og restitusjon, selv om Ball selv aldri ble belastet.

Bitcoin price: good chances of a new all-time high

The Bitcoin price continued to increase significantly over the Christmas holidays and has since shot up by 25 percentage points. A new all-time high is not unlikely. This bullish development also caused the market dominance of the key currency to rise to a new high for the year of 72.01 crypto key currency.

After the BTC price generated a new all-time high in the previous week and peaked at USD 24,298, investors took advantage of the bullish momentum in the market and rose to a new all-time high above USD 28,000 yesterday, Sunday, December 27th . Starting from this price level, the first profit-taking began, which allowed the Bitcoin Profit price to consolidate to currently USD 26,715. After this tremendous price increase, the reserve currency is currently catching some air and reducing its overbought condition. The course correction towards USD 20,000 mentioned in the previous week’s analysis has not yet materialized. Instead, a new future gap formed, which is only closed with a price correction up to USD 23,710.

Bullish scenario (Bitcoin price)

The price development of the key currency Bitcoin can still be viewed as very bullish. Although the BTC rate corrected its new all-time high by around 6 percentage points in the last 24 hours to currently USD 26,727, it would therefore be presumptuous to speak of a reversal. As long as the BTC price is trading above USD 24,298 and preferably north of the previous day’s low at USD 25,752, the chances of another attack in the direction of the all-time high are quite good. If the bulls manage to break this chart mark upwards, the next important price target in the area of the 161 Fibonacci extension from the monthly chart at USD 29,748 moves into the focus of investors.

At this chart mark, renewed profit-taking is to be expected. If the bulls manage to let the rate of the key currency rise above 30,000 USD in the coming trading days, a march through to the maximum price target for 2020 at 35,075 USD is also conceivable. This is where the 361 Fibonacci extension of the current upward movement runs. If the demand for Bitcoins continues unabated at the beginning of the coming year, a continuation of the bullish price rally towards USD 40,407 and a maximum of USD 43,703 cannot be ruled out either. As long as the BTC rate does not correct back below USD 22,000 and a maximum of USD 19,884, the chances of a price increase beyond USD 30,000 are good.

Bearish scenario (Bitcoin rate)

The bears are currently unable to get a foot on the ground. Any efforts by the sellers to correct the price of Bitcoin back towards USD 20,000 have so far failed. Although the BTC rate corrected more than 7 percentage points to USD 22,600 within one hour of trading on December 23, it was able to avert a break in support at USD 22,000. From this level, the BTC price shot north again, increasing in value by more than 20 percent.

Only when the sellers manage to dynamically push the BTC rate below the previous day’s rise at USD 25,752 does the probability of the consolidation expand to the breakout level at USD 24,298 increases. If this support can also be undercut by the daily closing price and the BTC price slips back below the key support at USD 23,887, a price drop to the EMA20 (red) at USD 22,973 should be planned. This would initially close the new gap in the futures rate at USD 23,710.

One of Europe’s oldest banks launches stablecoin on Stellar

One of the oldest banks in Europe has collaborated with Bitbond to create a stablecoin.

EURB, a bank backed stablecoin, will operate on the Stellar network.

Stellar is positioning itself as a solution for stablecoins and perhaps central bank digital currencies

Bitcoin Revolution and Bankhaus von der Heydt issued a stablecoin euro EURB called. This new stablecoin will work on the Stellar network. Are banks and European nations ready to support cryptocurrency?

One of the oldest European banks, Bankhaus von der Heydt (BVDH), issued a stablecoin in euros (EURB). Together with Bitbond, the financial institution claims that it is the first euro stablecoin of its kind backed by a bank. It will run on the Stellar network.

Stellar’s token, Lumens ( XLM ), touted its technology as a more independent version of Ripple’s XRP . It is a network on which large transactions are sent all over the world.

However, despite being a non-profit alternative to XRP, Stellar has approached the banks . Some believe the company plans to be the network on which all countries will use their central bank digital currencies (CBDCs) once they are ready to launch.

We are delighted to announce that @Bitbond and Bankhaus von der Heydt are now issuing Euro Stablecoin (EURB), the first stablecoin issued directly by a banking institution on Stellar

The collaboration between Bitbond, Germany’s largest crypto custody service, BVDH and Stellar follows this same narrative. By hosting a Euro stablecoin, Stellar can demonstrate its potential usefulness as a CBDC platform.

Bringing banks into the field

While BVDH bank (established in the 18th century) has traditionally focused on institutional clients and the need for secure transactions, it has only recently explored digital ledger (DLT) technology. Bitbond provided its tokenization technology, which apparently impressed BVDH enough to adopt it.

In a press release, Bitbond CEO Radoslav Albrecht said:

Bitbond has been working with Stellar since 2019, when we issued the very first tokenized security recognized by the Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator.

Bitbond has created a special platform for the use of BVDH, allowing the burning and issuing of new tokens. Likewise, its technology can make it easier to buy stablecoin from traditional bank accounts.

Stellar has stated that EURB stablecoin can be used by BVDH clients as well as third parties. For now, it is mainly used to pay for digital transfers on the channel.

Success of the Bitbond sequel

Mr. Albrecht said the implementation of this technology has “completed” the Bitbond technology suite (which provides custody of assets and tokenization).

The EURB coin will be guaranteed on a 1: 1 basis in stablecoins. Although the technology currently only supports on-chain operations, BVDH plans to move forward with tokenization services for other large customers.

MPs speak out against „wallet ban“ by the US Treasury

A possible ban on crypto wallets could have serious consequences, as some US parliamentarians fear.

Several US Congressmen have spoken out against an allegedly planned regulation by the US Treasury Department that would severely restrict self-managed crypto wallets

In a corresponding letter to US Treasury Secretary Mnuchin, the four members of the parliamentary blockchain group on December 9th demand the disclosure of more precise details about the “ possible ban „.

MEPs Warren Davidson, Tom Emmer, Ted Budd and Scott Perry fear in their letter that such regulation:

„Could prevent American market leadership and important involvement in a technological innovation that affects the entire global financial system.“

Compared to Cointelegraph, Davidson says that any plans by the Treasury Department are potentially more dangerous than the so-called “ STABLE Act „, a draft law that should in turn create stricter requirements for the operators of stablecoins. Because as the MP from the state of Ohio explains, the Treasury Secretary would have the necessary political power to enforce such a wallet ban by law without first having to obtain a parliamentary majority.

Davidson considers this to be a mistake, however:

“The big problem is that self-managed wallets are required for all kinds of blockchain applications. The ability to move a crypto token without an intermediary is one of the fundamental properties of blockchain. One of the reasons blockchain has become so popular and growing as a technology is the ability to act peer-to-peer. This is a cornerstone of blockchain technology. “
In addition, in their letter, Congressmen argue that crypto-technology could rather help law enforcement agencies track down illegal transactions:

„Such a regulation could undermine the Treasury Department’s efforts to stop financial crime, both in terms of the traditional financial system and the crypto industry.“

More than a million ETH already placed in staking on Ethereum 2.0

Less than a week after the launch of ETH 2.0, more than one million ETH has been staked.

These ETHs cannot be used for other purposes or traded until the next phase of ETH 2.0 begins.

The equivalent of over $ 600 million in ETH is currently blocked for staking

ETH 2.0’s main Beacon Chain network launched on December 1. Interest in it is objectively growing, since the total number of ETH staked on the network has exceeded one million.

Just a few weeks ago, some users were concerned that the necessary number of Immediate Edge would not reach its required threshold on time, which would have delayed the launch scheduled for December 1.

As the number of ETHs in staking largely exceeds the threshold necessary for the initial launch of the network, it seems that these fears were unfounded. Only a few days after the launch of the network, the number of ETHs has already almost doubled the initial genesis threshold.

There is now over a million ETH (or over $ 600million) in the eth2 deposit agreement

What does this mean for Ethereum?

More ethers will be “staked” and less will be left for until the launch of the next phase of ETH 2.0.

Depending on when the next step of ETH 2.0 is successfully completed, it could be years before these ETHs are available again, which could dry up some of the assets on the sellers side.

ETH Ethereum Dump Mining

Knowing that over a million ETHs were staked on the new network in less than a week, we can expect that number to increase over time as more and more users and organizations will decide to get involved.

This percentage of ETH currently represents less than one percent of the total supply in circulation.

Proof of stake (PoS)

Ethereum 2.0 is a project Vitalik Buterin and the entire Ethereum development team have been working on for years. This is a new version that revolves around a change in the way transactions are verified.

Previously, Ethereum relied on a Proof-of-Work (PoW) transaction verification mechanism, which meant that transaction validation operators, or miners, had to provide electricity and computing power to validate transactions.

Kinas bitcoin-gruvearbeidere sliter med å betale regninger på grunn av overgrep mot regjeringen

En selvpåstått kinesisk kryptovaluta reporter, Colin Wu, som har et eksklusivt fokus på krypto gruveindustrien, regulering og utveksling i Kina, tok til Twitter i dag for å dele at Bitcoin gruvearbeidere basert i Kina synes det er vanskelig å betale strømregningene sine.

Colin Wu fant at de kinesiske lokale myndighetene har slått ned kryptovalutaen og byttingen av den mot yuanen, noe som er hovedårsaken til at gruvearbeidere i Kina ikke klarer å betale strømregningene. Går etter Twitter-håndtaket Wu Blockchain, sa reporteren i en tweet 16. november:

Da den kinesiske regjeringen slår ned på utvekslingen av krypto og lovlig valuta, står kinesiske gruvearbeidere overfor et stort problem med å betale strømregninger. 74% av de undersøkte gruvearbeiderne fortalte Wu at betalingen av strømregninger har blitt sterkt påvirket.

– Wu Blockchain (Chinese Crypto Reporter) (@WuBlockchain) 16. november 2020

I Colin Wus undersøkelse uttalte 74 prosent av gruvearbeidere i Kina at regjeringens handlinger har påvirket deres evne til å betale strømregninger.

Wu fortsetter med å si at den kinesiske regjeringen har fryst bankkort på grunn av store operasjoner som skal forhindre hvitvasking av penger i krypto. I en oppfølgings-tweet uttalte reporteren:

På grunn av regjeringens landsdekkende kortbryteroperasjon velger kryptoinvestorer generelt å ikke bytte CNY, men fordi gruvearbeidere må betale strømavgifter til kraftstasjonen, må de bytte den minerte Bitcoin / ETH til CNY

Siden gruvearbeidere, som driver rigger som bruker mer strøm, tjener i kryptovaluta, antydet Wu at disse gruvearbeiderne ikke er i stand til å endre kryptobelønningene sine til fiat for til slutt å betale strømregningene. Frysingen av bankkort forverret situasjonen deres, sa Wu.

For å støtte sine påstander delte Colin Wu en lokal medierapport som foreslo hvordan denne nåværende situasjonen tvinger flere gruvearbeidere i Kina til å slå av gruvedriftene sine som så ut til å ha fått store tap. Noen OTC-handelsmenn som bisto gruvearbeidere ved å bytte krypto til yuan, har også opphørt sin virksomhet.

Colin Wu mente at denne situasjonen også kunne tvinge lokale gruvearbeidere til å flytte til kryptovennlige jurisdiksjoner som USA og Kasakhstan og erstatte erstatte Kina, som et foretrukket sted. Videre sa han i en tweet:

Så et stort antall bankkort Det var frossent og til og med led store tap. Dette vil akselerere overføringen av kryptovaluta-gruvedrift fra Kina til USA, Kasakhstan og andre land.

I de siste nyhetene begynte Kina sine omfattende tester av den lokale sentralbankens digitale valuta DCEP (digital valuta elektronisk betaling), også kjent som e yuan.

According to an Australian Senator, the blockchain can simplify financial compliance

„The future is technology through blockchain,“ says a senator of the Australian Liberal Party

Andrew Bragg, Senator of the Australian Liberal Party, is convinced that blockchain technology can solve a number of important negative problems in the country.

According to Bragg, blockchain technology can become a useful tool to reduce the complications associated with regulatory compliance and financial transparency. „The future is technology through blockchain,“ the senator said during an online debate at the Future of Financial Services 2020 conference, as reported by ZDNet on 4 November.

Bragg explained that instant cross-border transactions enabled by blockchain „could prove to be the ‚one-touch government‘ solution for real-time international transactions.

The Senator commented that blockchain technology can solve serious problems associated with time zones, regulation and fraud:

„It will eliminate our time-zone problem, which has long been an obstacle for Australia. Blockchain technology can simplify regulatory processes, reduce fraud and limit the cost of regulatory compliance and administration.

During the conference, Bragg highlighted the importance of expanding Australia’s global competitiveness in the financial sector, particularly in Singapore.

Bragg has held the position of Senator for New South Wales since 2019, establishing himself as an important blockchain-friendly figure in Australia.

In September 2020, Bragg contributed to a report published by the Australian government’s Senate Select Committee, which predicted that all fintech companies will use blockchain within the next 10 years.

„Aussie Trump“ invierte en Bitcoin, ya que es la „versión milenaria del oro“.

El ex-político australiano Cory Bernardi ve la demanda de Bitcoin „cada vez más fuerte“.

Cory Bernardi – una figura controvertida a la que el Sydney Morning Herald se ha referido como „el Donald Trump de Australia“ – ha hablado de Bitcoin (BTC) entre los tweets que cuestionan los resultados de las elecciones presidenciales de los Estados Unidos.

En un Tweet del 11 de noviembre, Bernardi declaró que se había convertido en un converso de Bitcoin „en el último par de años“ y vio la demanda de la cripto moneda „cada vez más fuerte“. Citó las opiniones del toro de Bitcoin Anthony Pompliano como „en la pelota“ con respecto a Bitcoin.

„Mi conclusión es que es la versión milenaria del oro“, declaró Bernardi. „Aún veo riesgos, pero son básicamente lo mismo que otras clases de activos – pierna, confianza y demanda.“

Convertirse a Bitcoin en el último par de años. Mi conclusión es que es la versión milenaria del oro. Todavía se ven los riesgos asociados pero son básicamente los mismos que otras clases de activos – pierna, confianza y demanda. Veremos la demanda haciéndose más fuerte. @APompliano está en la pelota re BTC.

Bernardi fue senador por Australia del Sur de 2006 a 2020, y es conocido por sus opiniones altamente conservadoras y reaccionarias. Ha hablado en contra de las mujeres que sirven en el ejército y ha hecho campaña sobre temas políticos candentes en torno al Islam, la burka y el terrorismo. Tras la salida de Bernardi del gobierno, creó un sitio web que incluye asesoramiento financiero.

A pesar de los controvertidos puntos de vista de Bernardi, el fundador del sitio de educación sobre criptotecnia Nuggets News, Alex Saunders, dijo que los comentarios eran la continuación de un cambio en lo que se refiere a las figuras de alto perfil que hablan de criptotecnia.

„Hace un par de años [hablar positivamente sobre Bitcoin y la criptografía] era tabú“, dijo Saunders a Cointelegraph. „Había riesgo en la carrera, la gente estaba preocupada por la volatilidad. Pensaban que sólo se usaba para fines nefastos“.

„Creo que ya hemos pasado ese punto. El genio está fuera de la botella. La gente lo entiende, ya sea Paul Tudor Jones, Stan Druckenmiller, incluso Warren Buffett hablando de oro. Los tiempos están cambiando. […] La forma en que pensamos sobre el dinero y la forma en que la gente ahorra dinero está siendo desafiada.“

Saunders dijo que el reciente anuncio del Banco de la Reserva de Australia de un programa de facilitación cuantitativa de 100.000 millones de dólares (es decir, la impresión de dinero) era una razón potencial de que los inversores de los fondos financieros más tradicionales podrían estar pasando a la criptografía.