Day: March 13, 2020

‘Bitcoin drops a jaw-dropping 37% in 24 hours’

Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Machiavelli used to say: Let’s pull this rabbit out the hat!

Bitcoin price

We closed the day, March 12 2020, at a price of $4,970. That’s a jaw-dropping 37.18 percent decline in 24 hours, or -$2942.83. It was the lowest closing price in three hundred and forty-two days.

We’re still 75 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).

Bitcoin market

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Raspberry Pi is your new private cloud

The running joke is that raspberry Pis are cheaper than an actual raspberry pie. Although I wouldn’t pay $50 to $100 for a pie to eat, the idea is to provide a very capable computer, with a small footprint, with built-in networking, running open source software, at a price that hobbyists, as well as professionals, can afford.

I’ve used them for years as IoT devices, considering they can gather, store, process, and transmit data, as well as react to the data if needed. People are using a Pi on projects such as making motorcycle riding safer and other IoT/edge net-new

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AI companies plant the seeds for quantum machine learning

Quantum isn’t the next big thing in advanced computing so much as a futuristic approach that could potentially be the biggest thing of all.

Considering the theoretical possibility of quantum fabrics that enable seemingly magical, astronomically parallel, unbreakably encrypted, and faster-than-light subatomic computations, this could be the omega architecture in the evolution of AI (artificial intelligence).

No one doubts that the IT industry is making impressive progress in developing and commercializing quantum technologies. But this mania is also shaping up to be the hype that ends all hype. It will take time for quantum technology to prove itself a worthy

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What is the internet backbone and how it works

The internet generates massive amounts of computer-to-computer traffic, and insuring all that traffic can be delivered anywhere in the world requires the aggregation of a vast array of high-speed networks collectively known as the internet backbone, but how does that work?

What is the internet backbone?

Like any other network, the internet consists of access links that move traffic to high-bandwidth routers that move traffic from its source over the best available path toward its destination. This core is made up of individual high-speed fiber-optic networks that peer with each other to create the internet backbone.

The individual core networks

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