Result of Pornhub attack (they don't use Bitcoin, as it is fully unusable in real life, but corresponding crypto also rise together)
Next few thousands of adult sites must follow (including usual shops who have nothing with videos).
Inflating is not going as planned, too slow
Rumor is that Visa actually sent them offer to use Ethereum for all their transactions. And even told them partner who will be processor (owned by same people who own Visa).
And using crypto is exactly that they did. It is nice support for crypto currencies.
NVIDIA earned additional $175 million profit from selling Ampere graphics cards to cryptocurrency miners. It is noted that changes in Ethereum algorithms require replacement of old GPUs, so many miners are updating right now and choosing any models of GeForce RTX 30-series video cards that are on sale.
Rumors are that both AMD and Nvidia now offer changes and write new code for Etherium and at least 6 other major currency. As due to low market periods large companies can supply as much as 80% of funds used for core teams operation and marketing. Etherium, for example, always used big amount of money for marketing, mostly on shady (like gambling) and criminal sites.
Even Libra idea returns
New information about the digital currency Libra, developed by Facebook, has appeared on the web. According to the Financial Times, it can be launched in a month - in January 2021.
The Libra Association, based in Geneva (Switzerland), will be engaged in issuing the digital currency, writes the Financial Times, citing a source familiar with the circumstances of the case. He said that the project will be severely cut compared to what was originally planned in April this year, due to the need to comply with legal requirements, as well as because of criticism from politicians and regulators in a number of countries.
Now it is planned to release only one virtual currency, whose rate will be pegged to the dollar. Tokens pegged to other currencies, as well as a multicurrency token, will be issued later.
Rumors are that target level for FED is around $40-50K for Bitcoin this time. As they want to sanitize up to hundred of billions USD before next crash to around 4-5K.
Old child song about crypto currencies
Don't hide your money
In cans or in corners,
Bring your money,
Otherwise trouble will happen.And put your money into the ground at midnight,
Put there,
Put your money at midnight,
Put where?Not in the mountains, not in ravines, not in a forest,
Not in the bottomless ocean without boundaries,
But on the Field of Miracles,
On the Field of Miracles
In the Fools Land.Listen to our advise,
Water your money well,
And in the darkness
Branchy trees will grow.But instead of leaves,
Money will glitter there like silver,
Where will money glitter like gold
Instead of leaves?Not in the mountains, not in ravines, not in a forest,
Not in the bottomless ocean without boundaries,
But on the Field of Miracles,
On the Field of Miracles In the Fools Land.
Estimated 2.6 GW per second....wasted in mining. And that was 2 years ago.
Mining bitcoins using common electrical energy must be equal to murder in crime laws.
If you want doing this - invest in any trendy renewable stuff in some distant place (that also do not produce any noise!) and you can go.
I don't look far. My neighbor has been mining bitcoins for years. Totally sickening.
Even more interesting is that it is EXACTLY proponents of Paris climate agreement and "no meat" initiatives who are largest crypto currency mining promoters.
Only initially it looks strange until you realize that all this tech corps are generally anti human and for them don't matter how they will make your life miserable - either burning fuel in pointless crypto scam or by by limiting good food availability or by attacking any cheap energy sources.
What a waste of energy in mining....
This month Nvidia crossed 10% of all profits going from crypto miners, AMD is expected to cross 15% mark in November also.
It is huge informational resources and marketing going around smaller and specialized sites for now, youtube channels again are offered to promote crypto currencies by very shady companies and individuals.
It is rumors compilation, comes from talks in closed communities and some telegram channels.
You can find some past research of big crypto moves and how complex huge back and forth transactions are used by big players.
Any links or sources here?
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