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White Paper, Miner, Pizza … | "Old Objects" in the Cryptocurrency Museum

White Paper, Miner, Pizza … |
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Museum has played the role of a time recorder. Talking about bitcoin, more than ten years has passed since the creation of it. Although it is uncomparable to the stock market with a hundred years of history, during the ten years, in the different stages of the development of bitcoin and blockchain have continuously poured in geeks, miners, speculators, newbies, leaving keywords such as sudden rich, myth, scam, belief, revolution, etc.
There are also many “old objects” with stories in the “Museum” of the cryptocurrency realm. On Museum Day, let ’s review the stories brought by these “old objects”.
The First Digital Currency White Paper — Bitcoin White Paper
On Oct. 31, 2008, Satoshi Nakamoto released the Bitcoin white paper — A Peer-to-Peer Electronic Cash System in the cryptographic mail group where he belongs, and Bitcoin was born since then.
A white paper is a document that explains the purpose and technology used in cryptocurrency. Usually a cryptocurrency uses the white paper to help people understand what it provides, and it is also an important information channel for investors to understand a project. Therefore, the level of the white paper affects people’s confidence towards the coin.
In a word, in the cryptocurrency and blockchain industry, the value of a white paper is equivalent to that of a standard financing speech. The white paper plays a vital role in this emerging market.
The First Public Bitcoin-Physical Transaction — Pizza
Since Satoshi Nakamoto mined the Bitcoin genesis block on January 3, 2009, Bitcoin has only been spread among the small crowd and has not realized its value.
Not until May 22, 2010, Bitcoin enthusiast “Laszlo Hanyecz” bought a pizza coupon worth $25 with 10,000 bitcoins. This is the first public bitcoin-physical transaction. Bitcoin has its price with 0.3 cents per bitcoin.


This day has also become the famous “Bitcoin Pizza Day” in Bitcoin history. Bitcoin as the imagination of the financial system has more practical significance. The tenth anniversary is coming. How will you commemorate it? Will you buy a pizza?
The First Digital Asset Exchange — Bitcoinmarket.com
After the birth of Bitcoin, in addition to mining, the only way to get Bitcoin in the early days was to conduct transactions on forums or IRC (commonly known as Internet Relay Chat). However, this method involves both long transaction time and great security risk.
In March 2010, the first digital asset exchange — Bitcoinmarket.com launched. However, due to lack of liquidity and transaction depth, it disappeared soon after its establishment, but Bitcoinmarket.com opened the era of the operation of the cryptocurrency realm exchange 1.0.


On June 9, 2011, China’s first Bitcoin exchange — Bitcoin China (BTCChina) launched. Its founder, Yang Linke, translated Bitcoin into Chinese “比特币” for the first time. In 2013, China’s bitcoin trading entered the golden age, and exchanges sprung up. China monopolized more than 90% of the world’s bitcoin transactions. Now, if the top three exchanges Binance, Huobi Global, OKEx are the Exchange 2.0, then the index exchange represented by 58COIN called the 3.0 version, leading the trend.
The First Generation of High-Performance Miner — ASIC Miner
When Satoshi Nakamoto created Bitcoin, the only way to get it is to use computers (including home computers) to mine, mainly relying on the CPU to calculate. However, as the value of digital currencies such as Bitcoin has become higher and higher, mining has become an industry with the competition is getting fiercer, accompanied by increasing difficulty of mining. Therefore, hardware performance competition starts.
In July 2012, the genius Jiang Xinyu (Internet nickname is “Friedcat”) from the junior class of the University of Science and Technology declared at the forum that he could make ASIC miners (chips). As far as mining computing power is concerned, ASICs can be tens of thousands or more higher than the same-generation CPUs and GPUs.
At the beginning of 2013, Zhang Nanqian (Pumpkin Zhang), a suspended doctoral student from the Beijing University of Aeronautics and Astronautics, developed the ASIC miner and named it “Avalon”.


In June 2013, the Friedcat’s miner USB was finally released, and it maintained 20% of the computing power of the entire network.
At the end of 2013, Wu Jihan, used the tens of millions yuan earned from Friedcat through investment, worked together with Jenke group, to develop the Antminer S1. Since then, the miner manufacturer Bitmain began to enter the stage of history.
It is no exaggeration to say that Friedcat and Zhang Nangeng have opened the domestic “mining” era.
The Birthplace of China’s Bitcoin — Garage Coffee
It is not only the “old objects” that record history, but also a place that everyone in the cryptocurrency realm aspires to.
Guo Hongcai once said, “Without no The Garage Café, there will be no cryptocurrency realm today. Since it is a very mysterious place that all waves of people from the café joint together to create today’s digital asset industry.

▲ In March 2013, American student Jake Smith successfully purchased a cup of coffee at The Garage Café with 0.131 bitcoins. This move attracted the attention of CCTV, and it conducted an interview.
Indeed, The Garage Café is the world ’s first entrepreneurial-themed coffee shop. It has been legendary since its establishment in 2011. The Garage Cafét is not only the core coordinate on China’s Bitcoin map, but also the birthplace of the Chinese cryptocurrency circle, where digital asset realm tycoons including Guo Hongcai, Zhao Dong, Li Xiaolai, Li Lin have made their ways.
The development of digital currency is only 11 years old. Through these “old objects”, we review the various stories of this wave of technology together, hoping to help you understand the development process of the digital currency field. Meanwhile, I also remind all practitioners to use history as a mirror and forge ahead.
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Medium: https://medium.com/@58coin_blog/
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Crypto News Recap for the week ending August 3rd

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Binance VISA Worldwide Card; TOP Crypto Cities in the US; Bitcoin Miners Selling Only 3 MILLION BTC to be Mined  Binance BURNS $36 MILL BNB  Facebook Should Adopt Bitcoin  0x ASIC Mining Farm - Bitmain (Antminer) Crypto Mining CZ Binance CEO Interview - Binance 3 Year Anniversary, IPO, Card, Mining Pool & Swipe Acquisition Buying a $800 Pre-built Bitcoin Cryptocurrency Mining Rig ... My first ASIC miner BFL and Avalon Batch 3 not shipped.

Should You Purchase A Bitmain Antminer S9 Bitcoin Miner In 2019 Or 2020? December 15, 2019 Bitcoin Stock Dividends, France + Bitcoin, Countries Holding Bitcoin & IMF + Stablecoins; November 18, 2019 Bitcoin Ethereum Litecoin Ripple Binance Technical Analysis Chart 6/28/2019 By ChartGuys.com AvalonMiner Inside : La première TV capable de miner du Bitcoin. By Stanislas Pogorzelski 3 août 2018. Share; Tweet; L’entreprise chinoise Canaan vient d’annoncer le lancement ... Canaan Creative mining equipment producers have announced today that they are launching sales of brand new Bitcoin (BTC) mining hardware, AvalonMiner1246. It is the first AvalonMiner with a 90TH/s hash rate and 38 J/TH energy efficiency. Canaan Creative enters the battlefield. According to the official announcement, new miner Canaan AvalonMiner 1246 will merge high performance and cutting-edge ... StartMiner is Bitcoin miner with fully automatic process. Start earning Bitcoin now! Home; Affilite Program; Payouts; FAQ; Contacts; Welcome to leading Bitcoin mining pool! Our members already received 1978.5970722 Bitcoins since launch 1511 days ago. Start Mining We aim to provide you with the easiest possible way to make money without having to do any of the hard stuff. Start mining ... The Avalon 6 ASIC Bitcoin miner is the latest in Bitcoin hardware from Canaan-Creative/Avalon. Much like the Avalon 4, the new housing makes for a streamlined cooling and setup method. Canaan-Creative, who resurrected the damaged Avalon brand, has worked hard on these next gen ASICs as well as their customer service. This effort has led to the partnership with In a very unusual move, Avalon, the company that first introduced ASIC chips to Bitcoin mining has released a new miner to the market. The AvalonMiner 721 (or more commonly known as Avalon 7) seems to be a minor upgrade from its predecessor, the Avalon 6.. The Bitcoin miner comes with 6 TH/s of mining power and a power consumption of 850-1000 WATTS. Download CGMiner 4.9.2 (GPU miner for FPGA/ASIC) CGMiner v4.11.1 (NoDevFee): GPU/FPGA/ASIC mining. Download XMRig 3.2.0 (RandomX, CryptoNight and Argon2 CPU miner) Download XMRig 2.14.6 – Monero AMD (OpenCL) miner. Download Z-Enemy 2.00 (Nvidia GPU Miner) BFGMiner: CPU/GPU/FPGA/ASIC miner for Linux/Windows. Awesome Miner Firmware for Antminer (Download Antminer Firmware for ASIC ... This is a relatively new miner by Bitmain (Bitmain announced the pre-order of this miner back on May 3). One of the specific features of this miner is that it supports the mining of Equihash-based coins, including ZCash (ZEC), Bitcoin Gold (BTG) and so on. In fact, this was first ASIC miner that is compatible with this specific algorithm, yet ... Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also ... 3. Notable Mining Hardware Companies Bitmain Technologies. The most well-known mining hardware manufacturer around, Bitmain was founded in 2013 in China and today has offices in several countries around the world. The company developed the Antminer, a series of ASIC miners dedicated to mining cryptocurrencies such as Bitcoin, Litecoin, and Dash.

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Binance VISA Worldwide Card; TOP Crypto Cities in the US; Bitcoin Miners Selling

If you take all 3 levels, the last level is jaw-dropping as you will learn how to buy stocks for free. Just remember to tell them Davinci and Chris from MMCrypto Sent you ️ Why Crypto.com Is NOT Ponzi Scheme Like Bitconnect? Deep-dive Into The Company, Team And Reddit - Duration: 26:14. denome 2,712 views. New SUBSCRIBE if you enjoy these type of videos! Thanks for watching! MY WEBSITE: http://www.TheCryptoviser.com TWITTER: https://twitter.com/TheCryptoviser -----... High Net Worth Bitcoin, Crypto Big Brother, Facebook Should Add Bitcoin & Coinbase + Libra - Duration: 25:07. The Modern Investor 12,207 views Should you buy a pre-built btc cryptocurrency mining rig? The answer depends, lets review the Coinmine One and discuss the status of gpu mining in 2019 and t... We also chat about Binance's acquisition of swipe, Binance Card, Mining Pool and the potential for the exchange to do an IPO. In addition we discuss Bitcoin, Crypto Market, who will win the CBDC ...

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