Just came across this special system called SLIC while researching about the "Coolant CPU" terminology. It is wondering how they have engineered this synthetic component and making it possible to mine with low heats, high efficiency of the miners and obviously reduced electricity paycheck!

Though it seems this system is only for the big farms and not the solo miners. The documentation clearly shows pictures of heavy duty pumps that will be sole system pumping Synthetic coolant from all the immersed miners and carrying away their heats.

However, everything comes at a cost too. Setting up this system and placing your miners in it is tedious work. What is more inconvenient in this system is, the space utilized by these heat sink tanks. They are huge and are placed apart from each other to run the fluid piping network around them.

I am not how feasible is this but number of advantages are also equally balanced.

Key Points:

• Coolant has more than 1,600x the heat density of air
• Safely overclock your miner’s hashrate
• Lack of noise (by cutting those fans)

By far the system looks way simplified with those segregated tanks. Properly wired channels, and removed fans make it way simpler. Obviously it entirely depends on the space and miners available and by far it seems for mega projects only.

The second image is holding tank and also pumping system which makes it giant project considering it will also add up lot of value to the mining operation as initial investment. Not sure about the maintainer cost, but this could end up as profitable only if system does fail in between.

Interesting read from Single-phase, Liquid Immersion Cooling for Cryptocurrency & BlockChain

Every single day news tab is flooded with US and its cracking down effects on the Bitcoin. I am not being very skeptical but US has gone far from its borders all the time. Bitcoin is getting crushed slowly under the burden of US government decisions. The problem has started since the start of this year and somehow they are responsible for shady workflows that made various exchangers and banks to go on the path of bankruptcy.

What is wrong with them?

Are they scared about bitcoin taking over their generations of work into fiat and losing the power with the time.

The quoted article also suggests how US is literally overstepping their legal boundaries and thus making it look like shit market. Imagine having every crypto currencies under SEC rule, it will make them securities and we will lose every bit of decentralization due to this.

Anyone understand the logic behind USA?


U.S. Regulators Target Bitcoin, Ethereum Amidst Regulatory Battle; PAT WARS Could Bring Balance to the Crypto Universe

There are many factors that can impact your investment in the crypto currency but not the one you are describing here. For example in you analysis there would be two important points to discuss. The first one is there is no direct impact of your government and their policies on the local currency in respect to the recession. It won't affect on the larger scale. It may affect it minds of local investors but it wont have huge effect on the crypto currencies. What can impact it on global scale is something getting implemented in the USA which is not in the favor of crypto.

I barely doubt, your nation's government will have such large scale impact.

You may be surprised that your investments in the crypto gone up positively even in the recession and that's because they are free style (decentralized). They have hundreds of other factors on which they depend.

I am using the fetch transaction status api in above example and currency used is AUD. This tool is amazing and I would be more than interested to see if our campaign managers, forum donation addresses, or sometimes charity threads that are made should start using this service.

Highly recommended man. All the three tools that are available on your website are just more than enough to make a beautiful and updated thread related to financials of campaign.

It’s helpful tool for sure.

Question:
Does the above price will automatically update if there are any changes ?
May be not since it’s static image or is it more surprising than I think?


Edit:

Its working.  The image is auto updating with updated balance. This is just awesome tool man.  Love it. <3

I never thought bitcoin/blockchain technology will see a day where people are making efforts to brute force the only technology that we need to keep the way it is or just improve on the sides of network adoption, feasibility in terms of fees, p2p and KYC free adoption. This should be the development we need to have right now and not the other way around.

I see some negative implications of this idea. Irrespective of what others think I don’t like the idea of having brute force technology. It would be obvious that soon others will copy it and start misusing the same for their own benefit. Not sure if this is only for one time use but it’s bad idea.

By just reading it I’m frightened about my wallet security. Lolz.

That’s not even a valid statement anyways. There is no way AI will replace entire job line. Who would do the dirty jobs, who will replace the oil rig suction assembly, or who will manufacture the chips required to run the computers? AI won’t be able to do everything so let it be. The whole discussion is pointless. Just to add, I remembered Elon talking about AI being dangerous than nukes or something, why would he say it OR what’s that he knows that we don’t know. I still don’t believe that statement by the way.

I am long term hodler and I am not willing to go in professional trading at all. I have tried few lessons, tried to learn theorems behind various charts and views but each time my projections or forecasted were not up to the mark. I would suggest it’s always best practice to take professional tuitions and not to go on self trading. It seems very easy but that is not the case at all. Trading is huge pond, there are risks and profits that are directly proportionate to each other. The more risk you take the higher profits you earn and vice Vera.
The only issue is, you need to learn it and work proper strategies. So yup no self learning just professional one.

To the ear of regular user of bitcoin like me it’s more or less bitcoin concept. I am not sure why this is sounding more or less a other project similar to any crypto currencies claiming their outflow over blockchain. If we want bigger proposals and assured lightening transactions then we need to forget about the logics of bitcoin and to better extent also need to waive off the blockchain protocols. I mean what are alts in this comparison? Aren’t they providing what is already explained above.

We already have ordinals that are contesting the network to the alarming rates and it’s going to hamper more as the time is passing.

I am just hoping ASSURED won’t burden the chain in similar way.

I don’t think zero tolerance to fraud makes sense here? Fraud is something that is done by hackers or actual fraudsters. No matter how strong system we build bank accounts will get hacked by masters of it.

They have huge income, best of the best profits but yet no system can guarantee 100% security. If you consider bitcoin on the other hand the safety is unmatched.

Anyways the income is generated with mostly interest on our savings. Big loop hole of money circulation. That’s looting anyways.

Good Bitcoin Investor:

- The one who stays anonymous with his/her bitcoin investment.
- Do not brag about it everywhere
- Owns his private keys, do not keep his/her bitcoin on an exchanger or custody wallets.
- Chose a low life, no buzz no fuzz
- Becomes millionaire in few years. 

Well, honestly this is what a characteristic needs to be in an ideal bitcoin investor.

Over the period of time bitcoin hacks, looting and crimes has gone up. In that perspective one must follow above synch ups.

-HODL BTC

Technically it should be blockchain which is getting used here and not the bitcoin. Blockchain is the real highway and other coins or tokens are just the vehicle riding on them. In similar fashion Ordinals NFT is using branch on the blockchain.

More specifically “live data correction” can be done on the ordinals while on the regular NFT this upgrade is OFF CHAIN. It means whenever the later one is upgraded it needs to be refreshed on the server to see changes.

Ordinals are ON CHAIN so they are basically updated on the spot.

I’m not sure if it really affects the blockchain or not, but we surely need more space, powerful processors and obviously faster developments in the code to sustain for longer.

Those are really insane fees and I would never do such stupidity while transacting. I mean I am checking the fees at least twice and thrice before broadcasting from the wallet. Most of the wallets are showing the fees clearly in vbyte and you can even see the fee previews (e.g. mycelium). It clearly gives you multiple options such as priority, economic, normal, regular with the fees based on them.

I really don’t understand how one could miss that process and just finish the broadcasting. I have literally closed the wallet if I am not sure about the fees or bitcoin address that I copied.

It seem careless handling of the wallet.

He came in like a hero to the digital asset holders in his region for sure. They gonna bless him with all the votes available out there. 
I liked that he passed the bill based on very true fact and that’s “personal finance protection”.  If we consider this law to be perfected in their system then I don’t think Biden could do anything to counterfeit it. If he tries to something like that then people are gonna know that Biden and congress are just playing around USA to protect their own assets that is “fiat” and hence the chaotic bans, project drops and bankruptcy etc. around the nation which is directly linked with the crypto based investment firms.

Definitely good news after a while from the US based administration. Hope others do follow it on the long run.

This is good news for the investors of Quadriga and obviously sad to see another exchanger sinking itself in the ocean of regulatory burden. This time Quadriga which is Canada based exchanger went down the hill due to improper accounting from the period 2016-2018 and at the same time it's business went bankrupt. Both the reasons were valid while at the same time CEO claims the regulations were not suitable to keep the books clean and thus it impacted their business over the period of time.

However, with at most efforts. Claimants for bankruptcy are going to get 13% on a dollar rate for their claim backs. All the creditors will enjoy this benefit if all the conditions are mate for their pre-investment and holdings that were lost due to bankruptcy of exchanger.

Key Points:
Total Claims: 17,648 claims from creditors ($222.3 million)
Major Claims: 15 claims (CAD >$1 million)
Tax Liability (2016-18): 11.7 million dollars

Bitcoin Back Claim Ratio: $7,122.90 per BTC


Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar
NOTICE TO CREDITORS In the Matter of the Bankruptcy of 0984750 B.C. Ltd. of the City of Vancouver in the Province of British Columbia Second Interim Status Report May 12, 2023

I feel like this is a horrible idea to remember your phrases. I would never depend on my memory even if it is sharper than Albert. The entire wallet depends on it and you never know how much bitcoins you may end up accumulating in it over the period of time.

Do we really need to risk it all with just memory cells and trust them to signal it when we recall it? This is definitely not the way to go with your phrases.

Pen and paper is still classic. It’s up to us how safe we can keep it. If we gonna stress about it’s safety all the time then I am sure we going to make mistake, forget it over the time, lose it with simple mistake and what not.

Better yet have physical copy stored safely in a locker. Have another copy on SSD or PD and then at the end believe on the memory cells.

Have that not made any progress in terms of cooking towers yet? Idk, but why they have not made some sort of chamber which can help suck the Hot Air and recirculate the cooler one with the low cost of production and also maintaining of the same.

I am now seeing water cooled CPU and mining equipment as well which is mind blowing. Anyways they cost Far more than the conventional one. 

Since you are discussing about the oldest player devices here, I could imagine more run over cycles until they break itself.

Whether it’s lower on weekend or higher on intra week, I think his business and customer won’t look at the calendar and then do the transaction. That would be dramatic to see. Like someone would come on Monday and say to hey hi bob, Are the fees still up? If yes then let me come by weekend to check if the fees are lesser. Lolz.

This would be for sure no way to go around it. However, as @tranthidung stated above the Lightening network, no one can ever doubt that. I only have one concern about use or LN, whether buyers would change their way to go around it? What if they just stick to what they have, like bitcoin and still keep complaining about it?

The solution should be worked from the deep roots such as bitcoins core and blockchains mechanism. I’m not sure if devs have already discussed or not but that seems impossible otherwise we would have never been discussing this today.

Well one thing is sure, your broker is trying to motivate you but he is not being very straight wait you. If the market is dropped then it’s dropped and there are multiple theories about every stock in the market. It may come back, it may not come back and it may back after such long period of time that we would exhaust and sell it anyways.

This is the whole reason why everyone who is trading should trade on multiple stocks or share holdings. It should be diversified in such way that you get:

1. Security of the funds at least from 3-4 stocks you holding
2. Balance out your loss and profit amongst the multiple assets
3. Increase the odds of profiting with the time.

I couldn’t agree more on what has been written in the OP because it how the market really works. There is literally no guarantee without a risk.

This is really good one. I never doubted the dollar and never will. I think those who are not aware, dollar is ruling the world due to the fact that it’s controlled by largest economic country in the world followed by some of the strictest regulators around us.

Come on guys, just put down the thought of having dedollarisation. I don’t know how one can even coin this term in the first place. Whenever I see someone talking about “another currency they know” apart from their local currency then the first word in their mouth would be “DOLLAR”. 

So come on just stop the buzz about de-dollar huh?

The Secure Hash Algorithm started the journey since 1992 and with the revisions in the flaws has caused it to get revised or upgraded with new algorithm code. However, it was never stopped or decommissioned from using over the network. Till date US National Security Agency uses it for the encryption purposes and what could be the best authority other than US NSA to make it obsolete?

Technically speaking, SHA can only go obsolete if there is any irreversible flaw in it OR it got cracked by some powerful computer in the near time.

Both the possibilities are tiny to zero. Plus, there N-millions of hash gets produced every second which means there are so many combinations that a computer would kill itself before it could crack it and make it OBSOLETE.

I don't know, but I would be surprised if someone makes this claim faulty.

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References
Virtual Private Networks James T. Harmening, in Computer and Information Security Handbook (Third Edition), 2017
Encryption Jeff Gilchrist, in Encyclopedia of Information Systems, 2003