Rebirth of a technological power - Chapter 49 The sky is falling apart
“Benben, take over the company’s server authority.”
“Prevent external data attacks on the firewall!”
“Supervise computers and report any abnormalities in a timely manner.”
After Liu Wei left, Cai Jin gave instructions to Benben.
“Understood!” Cunben waved his mechanical arm and saluted Cai Jin.
Then, it starts executing.
Soon, the company’s network was impregnable.
It can be said that even the Pentagon’s Internet is definitely not as secure as his network.
After all, ‘Benben’ can now be said to be the only artificial intelligence in the world.
For today’s Internet, ‘Benben’ is almost like God.
Although the main program of ‘Benben’ is on the mechanical dog, it can swim around the entire Internet. As long as there is a place connected to the Internet, there is no tentacle that it cannot reach.
“Benben, you will take over the virtual currency next!” Cai Jin said.
With powerful computing power and cheating programs, virtual currency is vulnerable to ‘Benben’!
“Understood!” Benben said.
Cai Jin saw that the number of virtual currencies was increasing rapidly, with virtual currencies being thrown out every second, and the funds in his overseas account were increasing rapidly every second.
“The speed of making money is unmatched!” Cai Jin looked at the virtual currency market, and money continued to flow into his account.
This kind of wealth growth rate is simply terrifying!
Even a money printing machine cannot print money as fast as he can make money.
Artificial intelligence is so scary!
Cai Jin saw the trend chart of virtual currency. The price of virtual currency, which had been rising, began to stop the trend.
Then it started to fall!
The stock market has opening and closing times, while virtual currencies can be traded 24 hours a day.
The stock market has a cooling-off period, but the virtual currency trading market does not!
Even if the price of virtual currency drops by 10%, the trading market will not be closed.
As time passes, the price curve of the virtual currency trading market continues to decline.
Iceland, Keflavik Plains.
The snow-covered wasteland was deathly cold, without a hint of green, and no moving animals could be seen.
A large yellow artificial structure appeared on the ground, like an ugly scar. There is also the towering chimney, which emits hot steam like a giant white dragon.
The building surrounded by a wire wall is a mining factory of Bitfury, which is mining increasingly scarce Bitcoins day and night.
The world’s third-ranked mining company took a fancy to Iceland’s low-cost geothermal power generation and cold environment, and specifically placed its mining plant here to save costs.
George sat in the control room and observed the operating status of the factory’s mining machines and the computing power of the entire network through six huge 50-inch screens.
Mining Bitcoin is like a guessing game, and only the first person to guess the answer gets the reward – Bitcoin.
The act of using a computer to crack passwords and obtain Bitcoins has been vividly compared to ‘mining’.
Over a period of time, the output rate of Bitcoin is constant, so the computing power of the entire network is crucial.
Only by occupying more computing power can mining companies mine more Bitcoins and make money after offsetting machine depreciation, electricity costs, and labor costs.
Currently, bitfury’s mining plant occupies 0.5% of the entire network’s computing power and can mine ten bitcoins a day.
Mining companies are extremely energy-intensive and the cost is also very high.
In China, even if someone does it, it is done secretly, but it is different abroad, because mining companies are legal here.
“What the hell, mining is getting harder and harder, and Bitcoin hasn’t risen yet!” George yawned, picked up the half-hot coffee, and took a sip.
This life is boring enough. There are less than ten people in one square kilometer of Keflavik in the ice and snow. The largest gathering place is the company’s mine.
The loud noise emitted by hundreds of thousands of mining machines when working is almost the same as that of an airplane, and it is extremely penetrating.
If it weren’t for the generous salary, George wouldn’t want to stay here, surrounded by ice, snow and noise all day long.
Even though he was sitting in the control room, he still heard the roaring sound. He paid tribute to the workers who had to enter the workshop to deal with the problematic mining machine!
“Damn it, why did Bitcoin drop?” George looked at the Bitcoin price chart and his eyes widened when he saw the Bitcoin price drop.
You must know that this year, the overall price of Bitcoin continues to rise, and the price continues to skyrocket, attracting more and more players to enter the market.
Such an obvious decline has not happened so far this year.
“Damn it, who is selling Bitcoin in large quantities? Is he crazy?” George cursed.
The occurrence of this phenomenon means that someone is selling Bitcoin in large quantities. Either people who previously held a large amount of Bitcoin are cashing out, or someone has rushed into the mining industry, and the scale is no smaller than bitfury!
At about the same moment, mine owners in Moscow, Switzerland, Finland, Canada and other places became furious and cursed constantly.
The big mine owners are cursing, and the owners of small mining factories are also cursing angrily.
Mining farm owners big and small were cursing, and people in the currency circle were even more confused.
They enter the currency circle not because they are curious about virtual currencies, but because they want to make money with virtual currencies and get rich quickly!
But now, the major virtual currencies are falling instead of rising.
New York, Wall Street, the financial center of the world.
The ninety-story Blackstone Building soars into the sky.
A group of well-maintained middle-aged and elderly men gathered together, facing the 100-inch TV screen on the wall, and having a heated discussion.
Most of them are white, and only three of them have darker skin, but are much whiter than blacks. They are a mixture of whites and blacks. As for the real blacks and yellows, there are no real blacks or yellows.
“I think we should take action to absorb Bitcoin at this time, and we can’t watch its price collapse!”
“NO, NO, Ross, now is not the time. The current price is 8,000 US dollars. We don’t have that much money to raise the price. Now we are planning to acquire SOHO China, which requires a huge investment of 4 billion US dollars. This business is not profitable. Compensation, we can’t misappropriate this fund.”
“Rawls, the current environment is not good. Many people will need Bitcoin as a channel to quickly transfer assets. As long as we stabilize it and increase its price, we can make a lot of money. Don’t say 40 by then. 100 million US dollars, even 10 billion US dollars, there is no problem at all.”
“What if we raise the price and someone continues to sell it?”
The discussion in the entire conference room was very intense, and no one could convince anyone.
The white-haired old man sitting in the middle, who had been silent all this time, tapped the ground heavily with his crutch.
Drawing everyone’s attention to him.
“Contact other big bankers and big mine owners to protect the market!”
“Invest US$5 billion into the market, let it continue to rise, and now we harvest, how much money can we make?”
As soon as the white-haired old man spoke, the others all shut up obediently and followed the order respectfully.
Several major bookmakers and large mine owners joined forces to protect the market.
The owners of large mines did not sell Bitcoins, and several major bookmakers absorbed some of the Bitcoins in the market.
The two sides launched a fierce contest.
Several major bookmakers control a lot of media, and they all have a lot of news that is beneficial to virtual currencies.
Various experts expressed their opinions on TV and the Internet, introducing the benefits of virtual currency. In the future, virtual currency will replace banks, etc.
Attract more people into virtual currencies.
However, the virtual currencies that Cai Jin sells every day continue to hit the trading market, and a large amount of funds are cashed out and continue to enter Cai Jin’s overseas accounts.
‘Benben’ easily opened thousands of bank accounts overseas and easily avoided supervision.
The two sides were deadlocked at the $8,000 mark.
The dealer wants to raise the price, but the funds entering the trading market are constantly being sucked away.
The two sides were in a stalemate for more than two weeks.
Finally, the banker’s funds were exhausted and he could no longer hold on.
On this day, the virtual currency world collapsed and the sky was dark!
The virtual currency market has plummeted, and the price can no longer be described as being cut in half!
All the major virtual currencies are terrible!