More specifically, $8 billion just for the hardware, specific devices that can only compute SHA256, hence are only good for mining Bitcoin or brute force SHA256 hashes in encryption.
Add cooling to that, after all China is a warm and moist country which is not suitable for data centers, surrounding infrastructure. It's 1.5 million rigs which someone has to install and maintain, network infrastructure around that. That's at least another $8-16 billion.
Then there's power, 3.04GW only for the rigs, say another 15-20GW for all surrounding infrastructure. That's about 20 nuclear reactors, or 20 massive hydro electric dams.
If China did that, the rest of the world would cut them off the internet, and if they shut down their operations they'll be fucked, nationwide power spikes, overflowed dams, mass unemployment, $1 million per hour in lost profit which previously came from the mining.
Let's face it, China can't afford fucking around with Bitcoin. And if they did all of us would just move to Ethereum instead, where 90% is mined in European and American garages and basements, and some on Iceland.
It's too late now when they have their own nuclear weapons. But a trade war could at least be won, just stop importing shit from China. Or at least add a toll fee on everything imported to encourage locally produced.
China only make crappy copies anyway so if the west stops importing crap and start to export instead, most of asia will start import quality items from the west. China would end up as broke as North Korea faster than you can say CCP.
It'll be how normies communicate after they get their second jab and becomes so sick that they can never ever leave their home or meet any person in real life. With the sole purpose to let the government see every chat and prevent certain types of communication from ever arriving to it's destination.
Correct, but the concept is still right. Just wait until housing and food is distributed the same way. I.e "free" housing and "free" food. Suddenly there won't be any houses left you can buy and no food to buy in grocery stores anymore.
If you want to own a house you have to build it yourself, tho they'll find a way to tear it down or steal it from you. Same with food, you have to grow your own vegetables, hunt your own meat, and they'll come to steal it from you, or destroy it. All to create dependency.
That's socialism.
Ah, this must be the drivers who got attacked by hoards of leftist zombies, and somehow managed to escape death, perhaps running over some of the faggots dumb enough to throw themselves in the way in a pathetic attempt to stop the car only so they can drag out and kill the driver.
They get away with minor injuries and damaged cars, and the left is pissed. Look at the title too, every first letter in every word capitalized, this is SEO optimized which means it'll rank higher on google and votes are obviously faked to push the narrative. Stalin would wet his pants if he had access to this type of propaganda machinery.
That's a lot of hambreders, check mate commies.
Don't blame yourself, you tried to warn them and they made their own choice. I'm trying to warn my relatives now too but it doesn't matter what I say, they've already made their choice to take the vaccine, completely ignoring all reports on side effects, they even honor big tech for censoring "conspiracy theories".
This is it, the great reset. Now they're not gonna kill everyone, and especially not immediately but many people will die in the coming years from all kinds of horrible side effects. The ultimate goal is likely to make people vulnerable enough to be forced into self isolation, then people stay at home, work from home, own nothing and according to the propaganda, they'll be happy.
All communication will go through big tech platforms for most people, where they control all information and conversations between people. Stay safe, do what you can to boost your immune system and try to wake up others, we need sane and healthy people to stop the globalist commie scum elite.
Don't worry pedes, Trump has already solved this. We just rename hamburgers to hambreders.
They're all causing blood cloths, internal bleeding's and shit like that more or less. I said it before and I say it again, injecting shit that could as well have been leaking out from an old car is a bad idea, mkay.
What happened, did sleepy Joe not get a toy in his happy meal? or was it the clown... it's the clown right, he got scared?
Me knowing I could never win a case like this in court because of corrupt judges would dig a hole instead, fill it with water and cover it with leaves.
Many people seem to have that kind of side effects and of course no media coverage. Wonder what's causing it. Is it the glycol, the jellyfish gelatin or the aborted fetus blood.
Here's how it will end, check the numbers first for reference: https://www.val.se/valresultat/riksdag-region-och-kommun/2018/valresultat.html
The "main governing party" refers to the unholy alliance between the socialists and the environmentalist muppets, who together barely has 33% of the votes. They'll vote for this.
Commies (Vänsterpartiet 8%) wont show up because they're mad at the socialists because they're not allowed to play in their sandbox, plus that the commies only really care about profits in the school system.
Center and liberals are swing parties, they'll have a mental breakdown because they should ideologically be against a ban on religious schools but will probably pull down their pants and obey the socialists, because SD (anti-immigration party) are against a ban. And according to the JÖK agreement (sexual reference in Swedish) they most always oppose SD, otherwise they're "rayyyysssissts".
So in the end it's up to the Moderates to decide, they're the Swedish version of republicans, cucked cowards but with a circus clown as leader instead of traitor Pence. So god knows how this will end. Honk honk 🤡.
People who vote for the socialist party in Sweden are about 95% "vote cattle", the reset is welfare parasites. It's a disgrace that two small parties who barely has 30% support together (socialist plus the green muppets) can dictate over an entire country.
Problem is that about 30% of the population live in apartment blocks in the 3 major cities, fully dependent on the government to survive. Then there's the law of Jante, if they can't be happy then nobody should be happy they thing. The leftist mentality comes naturally in cities all over the world.
Then when all the migrants comes, they're instantly dumped in rural areas, very few end up in cities. Nobody want them there obviously and people goes to extreme lengths to prevent the flooding. Burning down old abandoned factory buildings that where gonna be used as migrant facilities ain't uncommon.
Meanwhile lefties in cities cry "rayyyyisssiiisssm", fucking hypocrites are what they are. The most recent example is from Malmö, where the Rosengård ghetto is separated from a nice neighborhood by a highway surrounded with fence and barbed wire. Now they're building a bridge over that highway, connecting those two neighborhoods and the lefties living in that nice neighborhood, who voted for it are now crying loud because there will be black people and Muslims roaming around in their neighborhood. But yea, we're the bad guys :-)
Rural Sweden is based, it's not a two party system, there's 8 parties in the government (with more than 4% support) and about 50 parties in total who has no say. SD is the anti migration party and has pretty much only immigration on their agenda, yet in parts of the country they're in majority with over 50% of the votes.
Apply the same logic to the US and it would be like if 30% of the population lived in NY, SF and LA, voted for mass migration and all migrants where dumped in red states because lefties don't want them in their own backyard.
Would Trump get over 50% of the votes in that scenario if he literally only talked about the wall and nothing else? If all the media where owned by one commie company instead of 6 different companies as in today's America.
If media where tax funded, but only if they're left wing. And the cost of media where 10-20% of the tax you pay? If guns where not allowed to be used for self defense, so if you have to shoot an intruder trying to kill you you'll have to bury the body as soon as possible and never tell anyone.
That could be the US in just 5-10 years with democrat ruling.
USD is backed by the US army, Chinese YEN is backed by the Chinese army. They don't need crypto to make their own currency the reserve currency for oil.
It's only a question of time before China has a stronger army than the US. Besides, US, Russian and China all have nuclear weapons so there won't be a war. If China want something they take it and there's nothing that can be done about it.
Beside commie countries don't use oil anyway, China build dams and nuclear power plants by now to go fully electric in order to centralize energy, it's how commie countries control their people.
ETH/VET are the guns of crypto, if they fall rapidly it's like if Biden announced a guns tax, and people immediately rushed to give their guns to the government. Makes no sense, if that happens you wanna hold onto your guns and maybe even buy some more.
There's been two major crashes after the price got above $1000, both where caused by Mt.GOX, the single existing centralized exchange that existed back then, which got hacked and about 100 000 BTC stolen from their wallet.
Second time when the coins they had left had gone up enough in value to cover all the fines from peoples lost funds. But for legal reasons in Japan those fines had to be paid in fiat, and one crappy lawyer got the brilliant idea to dump all those 100 000 BTC on the market, causing the price to fall almost 90%.
It's a bit ironic how people goes and buy Bitcoin, only to immediately deposit them into first best unregulated bank like service instead of keeping them in their own wallets as it was meant to be.
Like buying guns to protect yourself from a tyrannic government and then store those guns in a government facility.
Sometimes over TOR, I believe that's about 7000 addresses, typically regular home addresses, and sometimes just a cheap VPS for a couple of minutes, sometimes VPN. All those ranges are commonly used by bots or people who want to stay anonymous.
Locally stored should be encrypted too, you never know when they knock on your door and confiscate all your electronic devices. The cloud is basically nothing more than someone else's computer.
A fly can smell shit on many miles distance and find it's way to it
Oh I haven't been there for a long time, but my bots have. I send them there to drop red pills, new ip and account every time, all automated.
To be fair, decentralization is also an option. First you need to assume that one provider after another will nuke your files, but hopefully not all of them at the same time, or at least not all of them the exact moment your house burns down and your phone is stolen.
Then you need to encrypt everything before uploading to the cloud, on Linux you can do something like:
gpg --symmetric --batch --passphrase-file /path/to/key/file <file_to_encrypt>
Then proceed with rsync, ssh aws_cli or use whatever sync method you prefer.
That way the cloud providers won't know what you store on it and you're files are secure even if they get hacked. Selecting a non KYC cloud is also preferable as the files can't easily be tracked back to you. Monero merchant pages has a great list for that: https://www.getmonero.org/community/merchants/#hosting
Self hosted cloud basically, easy to install on any VPS and has many great plugins.
Not your keys, not your coins.
What could possibly go wrong using a gold like asset on a unregulated Turkish bank like service where you have no idea who the owner is or if the company behind is real.
What could possibly go wrong trusting a Turk.