blmx retweeted
Since the start of the Iran war...
Jet Fuel: +80%
Sulfur: +68%
Heating Oil: +56%
WTI Crude Oil: +55%
Brent Crude Oil: +52%
Diesel: +48%
Gasoline: +47%
Urea: +47%
European Nat Gas: +44%
Fertilizer: +23%
Coal: +13%
Palm Oil: +13%
Iron Ore: +8%
Wheat: +6%
S&P 500: +5%
$VIX: -15%
blmx retweeted
Bitcoin's hash rate hit an all time high 500 exahashes/s this month.
To highlight the enormity of this number:
- For every star in our galaxy, the Bitcoin network is calculating 5 billion computations per second.
- It would take ~2000 years for the entire global population, each performing one hash/second, to match the Bitcoin network's hash rate.
- The Bitcoin network performs ~67 times more hashes per second than there are grains of sand on Earth.
- By number of raw operations/second, Bitcoin is ~500x more performant than the world's most powerful supercomputer.
Yet, there are skeptics out there that still believe "bitcoin is backed by nothing".
blmx retweeted
Lol
> be Anatoly Yakovenko
> spawn in the former Soviet Union
> move to US, witness dotcom boom, learn C
> enjoys comic books like Hellboy Vol. 1 with depth, story, and opinionated art
> plays Ultima Online, studies CS at university
> dotcom bubble bursts
> doubles down on being dev, joins Qualcomm
> spends 13 years in distributed systems developing code to push the limits of hardware
> giga brain systems engineer
> leaves Qualcomm in 2017 to work on deep-learning hardware, mines crypto on the side to pay for GPUs
> slams 2 coffees and a beer stays up till 4am one night
> finds a way to quantize time with proof of history
> finds a way for on-chain clocks to never drift, logical timestamping according to a SHA256 hash 🤯
> *massive breakthrough*
> transactions can be ordered and executed fast af
> decides to start a blockchain
> calls the blockchain Loom but the name is taken
> 0 fks given, name it after Solana beach where he and some other chads from Qualcomm go surfing
> focus on scaling with hardware and bandwidth
> launch during peak COVID, 0 fks given
> builds a completely differentiated blockchain that does more true TPS than all EVM chains combined
> can swim 3 lengths of a pool in one breath (with flippers on)
> Solana meant to be a DeFi chain but NFTs pop off majorly in 2021
> Solana summer, billions traded, coin goes parabolic
> stays humble, wears NFT merch of apes to big announcements and replies to DMs
> changes pfp every 2 days
> stays calm, never loses cool while the entire industry fuds his chain
> fixes downtime in 2022, network running better than ever
> gigabrains at top HFT firm start building a 2nd validator client called Firedancer, ultra optimized
> live demo of Firedancer doing hundreds of thousands of TPS, industry is blind, coping
> story just starting
blmx retweeted
Empire State Manufacturing Survey Signals Slowing Inflation, Growth zerohedge.com/personal-finan…
blmx retweeted
BITCOIN TRADE SIGNAL ABOUT TO FIRE! | WILL HISTORY REPEAT? teapawt.net/i/broadcasts/1OdKrzWEZ…
blmx retweeted
Learn how to trade an ascending triangle pattern, a popular chart indicator among traders. cointelegraph.com/news/what-…
blmx retweeted
They have nobody to blame but themselves for this -- even though they blame everyone else for it except themselves:
axios.com/2021/01/21/media-t…
blmx retweeted
Can Bitcoin miners avoid capitulation? They're not selling so far, reveals @cryptoquant_com. cointelegraph.com/news/bitco…
blmx retweeted
Crypto is changing how games raise money.
An initial game offering is a crowdfunding approach for video games. IGOs lower the barrier to entry for participating retail investors and grants them the opportunity to secure in-game assets. buff.ly/3wJsQLy
blmx retweeted
California Governor Newsom rethinking closure of Diablo Canyon nuclear plant, as application deadline for federal infrastructure funds nears.
“Some would say it’s the righteous and right climate decision,” Newsom said.
latimes.com/environment/stor…
blmx retweeted
The @SpaceX Dragon Endeavour with four @Axiom_Space astronauts is holding 20 meters away from the station as the station crew works a video routing issue. nasa.gov/live