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#proofofwork — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #proofofwork, aggregated by home.social.

  1. Got my latest beast of a machine - Bitmain Antminer S21+ HYD - 338 TH/s Bitcoin ASIC miner installed yesterday which brings my total #Bitcoin hashrate to 578 TH/s ... FUCK YEAH!!! ... 😎

    #BitcoinMining #HashRate #ASIC #ProofOfWork #PoW #Bitmain #Antminer

  2. US SEC Exempts Proof-Of-Work Mining From Security Obligations - The US Securities and Exchange Commission (SEC) has issued a statement on the status of P... - coingape.com/us-sec-exempts-pr #24/7cryptocurrencynews #regulationnews #proofofwork #securities #ussec

  3. #Gridcoin has a mix of #ProofOfStake and indirect #ProofOfWork. In order for my node to qualify for one chance of doing PoS a day, I would need around 200 000 GRC, which amounts to either $830 USD, or 240 years of #BOINC grinding in my current computer. Hmm...
  4. Good news!

    In case anyone missed it, a month ago #TorProject implemented #ProofOfWork to defend #OnionSites from #DDOS traffic! A good step forward for #theInternet, well done Tor Team!

    Tor Project's official blog:
    pzhdfe7jraknpj2qgu5cz2u3i4deuy

    Here's hoping #I2P can do similar.

    (SEE ALSO our js-free #captcha idea, tooted over a week ago. Also this instance is shutting down on 8 October due to no funds)

    #theInternetWeWantToSeeInTheWorld #deleteCloudFlare #cloudGlare

  5. @realcaseyrollins
    Antifa, but totally don't care about the violence their own nation is inflicting upon other nations, including via #expansionist foreign policy

    Antifa but say a peep about persecuted journalist, Assange.

    Antifa, but totally doesn't understand how important #generalComputing and #proofOfWork is to stop oligarchy.

    Antifa, but totally is fine with the technoFascist CAGEMAFIA being in bed with govt.

  6. EU-Angreifer wohl kremlnah + Lockbit schnell entdeckt + Waschbecken für Handys + Krypto-Entwickler in Haft + Mining-Verbot in New York + #heiseshow über Matter
    Donnerstag: Cyberangriff auf EU-Parlament, Hacker nur kurz im Continental-System
  7. @Ludo
    At its core bitcoin is #money — as defined by real economists. A real economist will tell you that money must be something that requires a non-trivial amount of energy to produce/procure, they call this "#hardness".

    For thousands of years we used #gold. It had to be mined, and so the act of #mining it was proof-of-energy used, #proofOfWork, proof that someone valued it enough to use a bit of #energy on that rather than growing wheat, for example.

    It procurement-'hardness' - not physical.

  8. heise+ | Kryptomining mit Chia in der Praxis: Sauber Geldverdienen oder Festplattentod?

    Chia will nachhaltiger sein als andere Kryptowährungen und frisst statt Rechenleistung Speicherplatz. Wie man Chia errechnet und für wen es sich lohnt. Kryptomining mit Chia in der Praxis: Sauber Geldverdienen oder Festplattentod?
  9. @FranckLeroy
    What we *will* say is that bitcoin is not a payments network.

    We anticipate that it will operate like a "#savings" account. Every few years a person may need to #atomicSwap funds from #bitcoin to another currency that indeed does use some techniques to limit the mining pool and do some other neat stuff for fast, frequent payments.

    But it will still be #proofOfWork. It will just do some fancy stuff to limit the #miningPool. Yes, it out there.