The Malaysia department discovered that a Bitcoin mining farm was stealing electricity for their ASIC machines, so they not only shut down the operation, but also steamrolled 1,069 of their machines. This was a joint operation carried out by the police department and Sarawak Energy Berhad (SEB) in Miri that took place between February-April, 2021. An investigation was carried out after residents complained of frequent power outages. Read more to see these machines get steamrolled.
It’s true, cryptocurrency is taking over the world after already making its mark in the world of physical art and objects. Sotheby’s announced that they will accept cryptocurrency for one of the earth’s rarest treasures, a massive 101.38-carat pear-shaped D Flawless diamond. It has an estimated value of US$10-15 million (HK$78-118 million), and according to Sotheby’s, no other physical object with this value has ever been publicly offered for purchase with cryptocurrency. Read more for a video and additional information.
You could either use a dedicated ASIC machine, graphics cards, or a C64 to mine Bitcoin. That’s right, this computer is powered by a 8-bit MOS Technology 6510 microprocessor, 64KB of 8-bit-wide dynamic RAM, 1KB of 4-bit-wide static color RAM, and 20KB of ROM, but one caveat, it will take you countless lifetimes to mine even a single coin. Why? It’s only capable of achieving a hash at a rate of every 3.5 seconds, or about 0.3 H/s. Read more for a video and additional information.
Photo credit: Marc Angeles
It’s not unusual for a mega mansion to pop up for sale in Los Angeles, but we’re just beginning to see sellers who also accept Bitcoin as a form of payment. This stunning 18,169-square-foot “Elementi” mansion was designed by Michael Chen and inspired by the Pacific Coast Highway bridges as well as waterfalls. This seven-bedroom, 14-bath residence sits atop the private enclave of Trousdale Estates at 1108 Wallace Ridge Court, Beverly Hills CA. Read more for additional pictures and information.
With the price of Bitcoin continuing its meteoric rise, along with other cryptocurrencies, it’s no surprise that some people are looking for creative ways to mine these coins. This person decided to not fight the scalpers for graphics cards and use a classic Nintendo Game Boy for mining operations, or so it appears. In reality, the Game Boy is connected to a PC using a Raspberry Pi Pico computer, while a level shifter handles the different voltage levels. Read more for a video and additoinal information.
According to an SEC filing, Tesla invested $1.5-billion in bitcoin and Elon Musk could start accepting the cryptocurrency as payment. This news caused the price of Bitcoin to soar to above $44,000 Monday, thus giving Tesla more flexibility to further diversify and maximize returns on its cash. The company reported its first annual net profit in 2020, and is now the world’s most valuable automaker, thanks to its S&P 500 inclusion. Read more for a video and additional information.
Photo credit: Simon Byrne
Bitcoin entrepreneur Simon Byrne has made a fortune off the cryptocurrency, but in addition to his latest rig, consisting of 78 NVIDIA RTX 3080 graphics cards, he added a BMW i8 to his money making collection. How so? He installed a more compact mining rig into the rear trunk of the hybrid supercar, thus enabling him to earn even while out and about, although considerably less than the $128,088 per year his main setup makes. Read more for a picture and additional information.
San Francisco-based software developer Stefan Thomas happened to be an early adopter of bitcoin, since he was gifted 7,200 coins back in 2011 when he produced an animated video explaining how the cryptocurrency works. Unfortunately, during that same year, he lost the password to an IronKey USB drive that doubles as the cold digital wallet for his bitcoins. As of today, he has only two guesses left to gain access to the over $255-million USD worth of digital currency he has locked away. Read more for a video interview and additional information.
Ever since PubG and Fortnite took off, there have been countless other battle royale games released, but LIGHTNITE is the first to put a Bitcoin twist on it. Put simply, it’s an online multiplayer battle royale game where every specific digital interaction between players triggers a monetary reward or penalty. Players earn Bitcoin by simply shooting their opponents and lose the cryptocurrency when they get shot. Read more for a teaser video and additional information.
At $244, the HTC EXODUS 1s is an affordable blockchain smartphone, complete with a built-in hardware wallet for Bitcoin as well as other cryptocurrencies. You’ll be able to buy, sell, send, receive, lend, and borrow cryptocurrency directly from the device. Plus, software tools enable the smartphone to run a full Bitcoin node right from your pocket. Read more for additional pictures and information.