How Cryptocurrency Mining Could Help Archive Society's Important Data
We all know that bitcoin miners spend their time earning money by computing the huge number of sums that secure the bitcoin network. The problem is that this sizeable resource doesn't have any other use. It also takes a lot of energy to run. However, there are alternatives to this way of working, offering more intrinsic purpose to all that computational power. The latest one comes from a research team that wants to use a cryptocurrency network to store archival data. Say hello to permacoin. What is proof of work? Bitcoins are 'mined' using computing power, in a process known as 'proof of....
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A bit of a public service announcement, here. It looks like last night, Internet Archive sustained significant fire damage at their San Francisco scanning center. The archive reports that nobody, nor any data was lost in the fire. The center is used to scan new documents into the archive, and they estimate upwards of $600,000 worth of damage was done to high-end digitization equipment. Archive.org is asking anyone who can spare some change to do so, in order to help them rebuild. They accept bitcoin donations. The Internet Archive is a non-profit organization that is designed to build a....
The Internet Archive’s founder Brewster Kahle has joined the boards of advisors for the Filecoin Foundation and the Filecoin Foundation for the Decentralized Web. The Internet Archive, an American nonprofit behind major digital archive Wayback Machine, has received a $10 million cryptocurrency donation from the Filecoin Foundation.According to a Friday announcement, the Filecoin Foundation has donated 50,000 Filecoin (FIL) tokens to the Internet Archive, worth more than $10 million at the time of writing. The grant is designed to help the Internet Archive increase access to its online....
In an effort to save the future of the Library of Alexandria, blockchain technology could help preserve records and archive systems. The study of history and ancient people is immensely important to preserving the knowledge passed down through the generations. Unfortunately, the significance of the knowledge is particularly acute when it is lost. With tragedies such as the fire of the Library of Alexandria, or the pillaging of the House of Wisdom in ancient Baghdad, or the more recent losses of artifacts at the Iraq Museum, perspectives were lost, advancements in philosophy and literature....
The Internet Archive, one of the most widely known nonprofit organizations in the internet community, has just announced that they intend to start paying a portion of their employees' salaries in Bitcoin. The Archive describes itself as "a non-profit digital library offering free universal access to books, movies & music, as well as 267 billion archived web pages", and is most well-known for two key projects. First, the Archive maintains the Wayback Machine, a service that allows anyone to access old versions of web pages, including potentially web pages that have since disappeared from....
Are you a miner? Or just interested in mining?! We have some good news. There will be a dedicated mining conference in Last Vegas… Bitcoinist.net is proud to be a media partner and we will be there tweeting you live about the most interesting news. The first global conference dedicated to cryptocurrency mining, called Hashers United, is taking place 10-11th October 2014, at Tuscany Hotel and Casino in Las Vegas. The conference will bring together professionals, hobbyists and vendors from within mining and throughout the wider cryptocurrency sector. Attendees can expect over 35 workshops....