Lifeboat Foundation

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Now that crypto miners and their scalping ilk have succeeded in taking all of our precious GPU stock, it appears they’re now setting their sights on one more thing gamers cherish: the AMD CPU supply. According to a report in the UK’s Bitcoin Press, part of the reason it’s so hard to find a current-gen AMD CPU for sale anywhere is because of a crypto currency named Raptoreum that uses the CPU to mine instead of an ASIC or a GPU. Apparently, its mining is sped up significantly by the large L3 cache embedded in CPUs such as AMD Ryzen, Epyc, and Threadripper.

Raptoreum was designed as an anti-ASIC currency, as they wanted to keep the more expensive hardware solutions off their blockchain since they believed it lowered profits for everyone. To accomplish this they chose the Ghostrider mining algorithm, which is a combination of Cryptonite and x16r algorithms, and thew in some unique code to make it heavily randomized, thus its preference for L3 cache.

In case you weren’t aware, AMD’s high-end CPUs have more cache than their competitors from Intel, making them a hot item for miners of this specific currency. For example, a chip like the Threadripper 3990X has a chonky 256MB of L3 cache, but since that’s a $5,000 CPU, miners are settling for the still-beefy Ryzen chips. A CPU like the Ryzen 5900X has a generous 64MB of L3 cache compared to just 30MB on Intel’s Alder Lake CPUs, and just 16MB on Intel’s 11th-gen chips. Several models of AMD CPUs have this much cache too, not just the flagship silicon, including the previous-gen Ryen 9 3900X CPU. The really affordable models, such as the 5800X, have just 32MB of L3 cache, however.

The decentralized alternative, called Project Liberty, may free our personal data from social media giants Billionaire entrepreneur Frank McCourt is funding new blockchain-based technology to free our social data from Big Tech.

The effort, which he has dubbed Project Liberty, focuses on creating a blockchain-based database of individuals’ social connections, which users can port from one platform to another. Doing so could free people from being locked in to the current dominant social media apps — like Facebook.

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A video on possible examples of how a government can try to manipulate is populace. It may be good to be more aware of its dangers.

Chinese citizens are being told to treat the USA and the Outside world as the Enemy, they’re being prepared for war whilst we tiptoe around worrying about hurting the feelings of the Chinese government… Time to wake up.

Continue reading “China is Preparing its Citizens for War — You Should Not Ignore This!” »

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Progress has an accelerating rate of change due to the compounding effect of these technologies, in which they will enable countless more from 3D printing, autonomous vehicles, blockchain, batteries, remote surgeries, virtual and augmented reality, robotics – the list can go on and on.

Continue reading “Our Autonomous Future (How Automation Will Change The World)” »

Food for Thought.

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Continue reading “FACT CHECK: Bitcoin Mining is BAD For The Climate!? 🌎” »

The central bank of Israel chose Ethereum’s network to launch the stages of its CBDC trial program.

The Bank of Israel reportedly launched a digital currency pilot program, aiming to create its central bank digital currency based on the Ethereum blockchain. However, the project might face some significant challenges.

The volcano bitcoin mining is also super eco-friendly: 3.

El Salvador has officially begun to mine Bitcoin using the power harnessed from an honest-to-god volcano — and the so-called “volcanode” has already made 0.00599179 bitcoin, or about $269, according to a tweet by president Nayib Bukele.

“We’re still testing and installing, but this is officially the first Bitcoin mining from the volcanode,” Bukele wrote.

Continue reading “El Salvador Officially Starts Mining Bitcoin Using Power From an Actual Volcano” »

Grayscale wants to convert the trust to an ETF, one that owns bitcoins rather than futures, to lose the discount. Which raises a question: why has the Securities and Exchange Commission approved a bitcoin futures ETF, and not yet a plain bitcoin ETF? Bitcoin is tricky enough. Adding futures compounds the trickiness.

I’m not sure what the answer to this is, but it seems to be that bitcoin scares the SEC, because God knows where it originates (in a server farm somewhere in China?), who holds most of it (cyberbaddies?), what it is used for (illegal activity?), or what risks it may entail (hacking? Fraud?). Bitcoin futures, by contrast, are created and traded within the confines of the CME, under the watchful eye of the Commodity Futures Trading Commission, in the upstanding American city of Chicago.

And a few more words on margins.