On January 3, 2009, the first Bitcoin mining operation went underway, and a 50 BTC reward was sent to address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa . Although unconfirmed, it most likely went to the mysterious Satoshi Nakamoto, the inventor of Bitcoin. While no official transactions were recorded in the genesis block, the embedded text, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” was a nod to the financial crisis of the time, and a major motivator behind the decentralized currency’s inception. Fast forward to May 2021, and those 50 bitcoins would collect you a cool $2.9 million USD. However, due to either a quirk in the system or an intentional implementation in the code, the first 50 BTC can’t be spent. Instead, the first mining operation launched what would become global recognition of Satoshi Nakamoto’s vision of a decentralized currency, and become a financial and technical force to be reckoned with. Today, there are at least 1 million unique … [Read more...] about What is Crypto Mining?
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Jeff Bezos’ spaceflight venture Blue Origin announced plans to build its own free-flying space station today. Called Orbital Reef, the future space station will begin operating in the second half of this decade, according to Blue Origin, providing a place for researchers, industrial and commercial customers, and international partners to visit and work. Blue Origin is working on the Orbital Reef project in partnership with spaceflight company Sierra Space, a subsidiary of the Sierra Nevada Corporation. Sierra Space’s most well-known project is the Dream Chaser, a winged spaceplane designed to carry cargo — and perhaps people one day — to the International Space Station. Dream Chaser is scheduled to begin cargo flights in 2022. Blue Origin says that Orbital Reef also has the backing of additional spaceflight teammates, including industry heavyweight Boeing, as well as Redwire Space, Genesis Engineering Solutions, and Arizona State University. With an internal volume nearly as … [Read more...] about Blue Origin reveals plans for future commercial space station called Orbital Reef
Apple on Monday revealed its M1 Pro and M1 Max processors, giving us a look at its highest-end chips so far and the brains inside its redesigned MacBook Pro , which comes in 14-inch and 16-inch models . The chips present a new threat to Intel's decades of PC processor dominance , thanks to more computing cores compared to older M1 chips. Apple debuted its M1 in 2020 with new MacBook Air and 13-inch MacBook Pro laptops and added the chip to new iPad Pro tablets and iMac all-in-one PCs in 2021. The M1 chip offered a winning combination of performance and battery life, but Apple now is making the case that its processors also are suited for customers like photographers, video editors and developers who need a lot more horsepower. The new chips are behemoths in the … [Read more...] about M1 Pro and M1 Max: Here’s how Apple is kicking Intel out of the Mac computer