In this guest post, Jack Bedell-Pearce, managing director of service provider 4D Data Centres, shares his thoughts on the role colocation can play in helping cryptocurrency miners boost their profits. The 180-megawatt facility that will be able to host 50,000 bitcoin mining rigs is set to launch sometime in early September. Davi Barker’s post is quite instructive about a timely topic. It is not yet conclusive, both in the scope of the analysis and in its final judgement. Below I hope to add another consideration about the same issue that may be considered of relevance. This pertains to Bitcoin mining. Bitcoin mining is practically a lottery. Miners can invest in fast and dedicated machines for computing a ... David Barker says: October 27, 2018 at 6:05 am Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of credit cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join – so better to ... 2009 Jan9: Bitcoin (BTC), the first decentralized cryptocurrency was introduced to the world by Satoshi Nakamoto. He launched the network by mining the ‘genesis block of bitcoin’ (block number 0), which had a reward of 50 bitcoins. 2009 Jan12: First bitcoin transaction when Nakamoto sent 10 BTC to Hal Finney (a computer programmer).
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