Every 4 years all people go nuts with Bitcoin halving because historically, a bullrun happens after it, but I don’t see anybody so excited for the halving aspect from the Ethereum Merge, which IMO will have even more impact, so I’ll explain it. Rewards Right now, Bitcoin gives 6.25 btc each 10 minutes to miners,…
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Cent, one of the first marketplaces to allow people to sell tweets as NFTs, has suspended almost all of its activity due to plagiarism-related problems. According to its CEO and co-founder Cameron Hejazi, people keep selling NFTs of other NFTs or using content that is not owned by them originally to mint these tokens. The […]
Intel ’s play to get into the bitcoin mining market might end up being the story of the year. In a post titled “Blockchain and the New Custom Compute Group,” Raja Koduri reveals a little of the company’s playbook. At Intel, he’s the senior vice president and general manager of the Accelerated Computing Systems and Graphics Group. Related Reading | Jack Dorsey’s Block To Democratize Bitcoin Mining With Open Source Mining System In the article, Koduri says, “we are focusing our efforts on realizing the full potential of blockchain by developing the most energy-efficient computing technologies at scale.” Intel’s play is deeper and harder than previously thought. They’re going all-in in the blockchain business. With a twist that every corporation is claiming for. “Today, we at Intel are declaring our intent to contribute to the development of blockchain technologies, with a roadmap of energy-efficient accelerators. Intel will engage and promote an open and secure blockchain ecosystem and will help advance this technology in a responsible and sustainable way.” That’s right, they’re tackling the problem “in a responsible and sustainable way.” And they’re calling the mining chips “accelerators” for some reason. Will the name catch on? “Intel Labs has dedicated decades of research into reliable cryptography, hashing techniques and ultra-low voltage circuits. We expect that our circuit innovations will deliver a blockchain accelerator that has over 1000x better performance per watt than mainstream GPUs for SHA-256 based mining.” This new line of Intel products responds directly to the ESG crowd. The bitcoin-consumes-too-much-energy FUD people. Soon enough, they’ll have to face Intel ’s PR machine. How can bitcoin consume too much energy if Intel’s product “has over 1000x better performance per watt than mainstream GPUs for SHA-256 based mining”? BTC price chart for 02/14/2022 on Kraken | Source: BTC/USD on TradingView.com Who Are Intel ’s First Clients? We can’t prove it, but, all of these companies probably knew years ago about Intel’s plans to release a bitcoin mining chip. Again, Raja Koduri: “Our blockchain accelerator will ship later this year. We are engaged directly with customers that share our sustainability goals. Argo Blockchain, BLOCK (formerly known as Square) and GRIID Infrastructure are among our first customers for this upcoming product. This architecture is implemented on a tiny piece of silicon so that it has minimal impact to the supply of current products.” When NewsBTC analyzed Intel’s chip announcement, we summarized the situation as: “This could be huge. Intel plans to enter the Bitcoin mining space with a cleverly marketed “ultra-low-voltage energy-efficient” ASIC chip. Considering that the chip shortage severely delayed the next generation of ASIC miners, this is tremendous. And, more importantly, it opens up the door for Bitcoin miners manufacturing in the USA. And in the rest of the Western world, even. ” After that, we analyzed the situation’s implications: “Now, the open-source Bitcoin miner that Jack Dorsey’s Block is working on makes a lot more sense. Theoretically, the silicon chip is the only part of an ASIC machine that can’t be bought in a hardware store. With that problem solved, by no less than an industry leader with immense manufacturing power, the sky’s the limit. If this whole thing materializes, expect a huge leap forward in the further decentralization of Bitcoin mining.” Notice how Block is one of the first clients. And how Intel had the energy-efficient ASIC chip marketing ready from the get-go. And how Koduri even addressed the chip shortage in the last line there. Intel’s Bonanza Chip’s Future Reading between the lines, it’s clear that this is not a secondary project for Intel. They have high hopes for this low-energy chips play. Here, Koduri discusses the Custom Compute Group: “The objective of this team is to build custom silicon platforms optimized for customers’ workloads, including blockchain and other custom accelerated supercomputing opportunities at the edge. Onward, we aspire to leverage technologies from our zetta-scale computing initiative to deliver energy-efficient solutions.” Related Reading | Green Energy: In NY, Bitcoin Mining Saved The Oldest Working Hydroelectric Plant You read it here first, Intel ’s play to get into the bitcoin mining market might end up being the story of the year. This is not financial advice, though. Featured Image by geralt on Pixabay | Charts by TradingView
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Rebuilding capitalism SocialGood is a blockchain initiative that aims to reshape capitalism as we know it by working to create a donation machine that combines blockchain with artificial intelligence in an app. The app can be downloaded on Google Play for Android and Apple Store for iPhones, and by using it, users could receive up to 100% of their purchase back in crypto. This will be reflected within a few days after SocialGood has received confirmation of your purchase from any of its affiliated shops and partners. One thing to keep in mind is that there is a maximum amount per purchase – $10,000 – but you can make as many purchases as you like. Through everyday shopping, users as consumers can build up their assets at no cost to them. The more the company’s sales increase, the more the number of users increases and the core value of the assets tends to rise. As a result, when consumers shop from their retail partners through the network, they are given a portion of their purchase price in SG digital assets for free. How does the SocialGood App work? According to SocialGood’s Zendesk, a user is able to, through the use of the app when shopping, receive crypto assets (called SocialGood, or for short SG) for free. This service is the only one of its kind globally, and the project already has been granted patents for it. The longer you hold onto SG, the amount you could potentially receive increases, so go ahead and HODL onto your SG for a long time! When SocialGood’s value goes up, users can transfer SG from their app to their account on a linked cryptocurrency wallet and make a profit by selling it on the market. SocialGood is designed in a way in which the more people hold it, the higher its price will be, this leveraging of buying pressure benefits all. After SocialGodd was listed on the US-based cryptocurrency exchange, Bitmart, at the end of July 2020, prices increased 7,529% within 15 days. Further benefits The SocialGood App is user-friendly and super easy for anyone to use, it introduces the cryptoverse to the average person who may not be familiar with crypto assets, cryptocurrencies and the like, in a very straightforward manner. In the Social Good Ecosystem™, the more users purchase products, the more they increase their assets, and at the same time automatically contribute to society. Since the launch of their service in March 2019, over 1.6 million users have joined the app. Companies such as Alibaba, eBay, Lazada, Nike, and Booking.com are in this ecosystem and in total partnerships have been secured with over 1,860 major companies internationally as of the end of May 2020. SocialGood has provided cryptoback to all users who have made purchases on the app when they’ve met the cryptoback terms and conditions. By putting partner companies on the App, the operating company is able to receive advertising revenue from their business. As the partner companies are happy to have a new way of increasing their customer base, users are able to partner with more companies daily.
Valentine’s Day is officially upon us, which means giant teddy bears, roses, and usually having to book a table at restaurant months in advance. But for the first time in history, couples don’t have to sift through their wardrobe for the perfect date outfit. Instead, a fully-immersive virtual date night can be experienced from the comfort of their couch. You read that right. Thanks to the advent of the metaverse, romantic interests can now interact with each other on virtual dates from the safety and convenience of their homes; users can be in their sweatpants and the other would never know. From beaches in Barbados to virtual roller coaster rides, the opportunities for date ideas are endless. Since Mark Zuckerberg’s announcement in October that he was officially changing Facebook’s name to Meta, the metaverse, described as a “virtual online world where people can get together, work, communicate and play games from the comfort of their homes” has taken the world by storm. But while the technology is predominantly associated with gaming, it has also found its utility in the dating realm. Dating in the Metaverse The metaverse isn’t just offering new opportunities for gamers. It’s also disrupting the world of dating. In December, Tinder jumped on the metaverse bandwagon, with CEO Renate Nyborg announcing that it was exploring how to “blur the boundaries between offline and online worlds”, in an interview at the Reuters Next conference. The company’s newly launched Explore feature is set to hold interactive events like “Swipe Nights”, allowing users to choose their own adventures and match with others based on their choices. Metaverse dating can not only provide a convenient option for singles looking to go on dates without venturing out from home, though. It also provides a much-needed safety element for vulnerable singles heading out to meet people they meet online. As more reports arise about ransom cases arising from dating apps, as well as increasing recounts of drink spiking, people’s safety while dating is more important now than ever. Meet Charlotte One company, in particular, that is pioneering safety in the metaverse dating world is pax.world, a ready-to-deploy open metaverse platform that uses advanced audio, video, and chat features to give users access to life-like avatars. By using 3D avatars of themselves, users in the pax.world metaverse eliminate the common dating dilemma of catfishing. In terms of safety, pax.world has implemented a bot called Charlotte, a feature that was designed solely for users’ safety. In the instance that a user is feeling uncomfortable by another users’ presence or actions, they can alert Charlotte who will then send out a message informing the second user that they are being recorded. The bot then begins to monitor them for any future safety red flags. More Than Just Dating Within pax.world’s performance-optimized virtual world, users can build and buy 3D assets using their very own token, $PAXW. This serves as a platform where users have the advantage to exchange items and services such as NFT’s, educational classes, events and more by providing the experience of virtual reality. The advent of the metaverse has provided many new opportunities for fully immersive experiences which people can experience from the comfort of their homes. Although many may not immediately associate dating with the metaverse, companies like pax.word and Tinder are taking full advantage of the burgeoning technology, disrupting the dating world by providing not only safer dating conditions, but also a borderless world where users can pursue whatever date night their partner desires—a perfect arrival just in time for Valentine’s Day.
“We need to relate and provide products to future generations to continue to tackle the global hunger crisis but at the same time make the products engaging and interactive,” says Shawn Kurz.
Aggregated Finance, or AGFI, is an innovative platform that capitalizes on the booming decentralized finance market. It aims to change the approach of decentralized investment and lead the world to a DeFi-as-a-Service approach to decentralized investment. The project is a new DeFi 3.0 project that works towards expanding the success of the DeFi space. In a nutshell, Aggregated Finance makes strategic investments in the ecosystem and pools the gains for their token holders through buybacks and reflections. Aggregated Finance is out to become a key decentralized Farming-as-a-service project and recently joined a movement of projects hoping to spread the trend. The DeFi 3.0 alliance The DeFi 3.0 Alliance, a global non-profit organization focused on creating, educating, and widespread adoption of transparent, cost-friendly, and secure DeFi 3.0 and Farming-as-a-Service (FaaS), was recently announced by a number of initiatives. The association noted that the crypto market currently has a lot of potential, but it needs a quality mark to make DeFi 3.0 and FaaS a legitimate and well-known sector in the crypto arena. There are eight founding members, all of whom are industry leaders with a combined market cap of over $150 million and a community reach of nearly 100,000 people. Aggregated Finance was one of the organization’s most prominent members. According to the organization, membership is open to all initiatives focused on DeFi 3.0 and/or FaaS that can establish their reputation, security, and ability to deliver on their plan. In addition, all credible projects are welcome to collaborate. There is, however, a vetting process and a cost to join. What’s the focus? The DeFi 3.0 Alliance is committed to collaborating to advance DeFi 3.0 and FaaS innovation and best practices in a variety of domains. Research and development (R&D) on technical innovations, solutions, and products that will optimize cross-chain DeFi 3.0 and FaaS is one of the primary areas of concentration the organization has identified. Also, education and networking were identified as some of their key areas of focus. Each of the founding members will now focus on content promotion to educate and promote DeFi 3.0 and FaaS to a broader audience, hence increasing reach, onboarding, and market potential. Furthermore, these projects will engage in research and development that would help develop security standards that will become a benchmark for safe and secure DeFi 3.0 and FaaS access. The exchange of information on market trends and narratives will be prioritized amongst members. This would result in improved DeFi 3.0 and FaaS growth and performance. Furthermore, participating projects also have access to an exclusive network of industry innovators in DeFi 3.0 and FaaS, as well as products and services, verified distribution channels, and virtual meet-ups and conferences. FaaS is out to expand. There has been much hype about farming as a service, and most see it as the next big thing in the crypto space. A tweet shared by FoodFarmer.eth identified the growing interest and hype in the FaaS concept. It read, “ I do genuinely see FaaS being the next big wave in crypto. I will be at the forefront of this massive potential market. I’m calling for $25b to be in FaaS products by the end of the year. Who knows the growth potential, I just know…Farming as a Service is here to stay.”
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