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The Pokémon Company Might Be Preparing to Make Moves in the Metaverse

The Pokémon Company Might Be Preparing to Make Moves in the MetaverseThe Pokemon Company, a corporation in charge of the development of the Pokemon brand, might be preparing to make some moves regarding the franchise and the metaverse. The company has opened a job opportunity that includes experience and knowledge of fields like blockchain, Web3, and the metaverse as a requirement, including connections with investors in […]

Bitcoin halving optimism faces challenges from economic realities: Goldman Sachs

Former Nintendo President States Gaming Companies Are Marching to the Metaverse

Former Nintendo President States Gaming Companies Are Marching to the MetaverseFormer Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse elements into its games. Fils-Aimé thinks that established gaming companies, like Nintendo, are better suited to be leading the race for the metaverse than other companies due to their experience in building interactive and persistent worlds. Former […]

Bitcoin halving optimism faces challenges from economic realities: Goldman Sachs

Former Nintendo President Believes Gaming Experiences Could Benefit From Blockchain And ‘Play to Earn’ Models

Former Nintendo President Believes Gaming Experiences Could Benefit From Blockchain And ‘Play to Earn’ ModelsReggie Fils-Aimé, the former president of Nintendo of America, has offered his take on blockchain and play to earn models when applied to the gaming industry. The executive declared that he was a big believer in blockchain technology, and that players investing their time in games should be able to monetize whatever items they had […]

Bitcoin halving optimism faces challenges from economic realities: Goldman Sachs

‘This ain’t no game’ as DOGE briefly flippens Nintendo and takes #4 spot from XRP

Clearly Super Mario isn't the only one collecting coins.

The market capitalization of Doge, a meme-based token that started as a joke seven years ago, briefly passed that of major Japanese video game company Nintendo following a price rally.

According to data from AssetDash, the market capitalization of Dogecoin (DOGE) surged to $77.7 billion earlier today following a rally which took the price of the token above $0.60 for the first time. This rally put the market cap of the token project ahead of both cryptocurrency exchange Coinbase at $73.8 billion and Nintendo at $76.3 billion. Though the price of DOGE has since fallen to $0.53, its market cap is still above XRP’s, making the token the fourth most valuable cryptocurrency according to CoinMarketCap.

The rally follows the token flippening Tether (USDT) yesterday when trading platform eToro announced it had integrated support for Dogecoin. Today, major crypto exchange Gemini followed suit, with co-founder Tyler Winklevoss calling DOGE “organic, irreverent, and fun.”

At the time of publication, Dogecoin’s market capitalization is $66.7 billion, with a wide gap between that of Binance Coin (BNB) at $96 billion and major U.S.-based companies including General Motors and FedEx. Should the token reach a price of $0.61, it would reach parity with the Bulgarian Lev.

Bitcoin halving optimism faces challenges from economic realities: Goldman Sachs

Youtuber Builds a Bitcoin Miner Out of a 31-year old Nintendo Game Boy

On Saturday, a popular Youtuber named Stacksmashing published a video that shows him hacking a 1989 Nintendo Game Boy in order to mine bitcoin. Despite the creativity and the fact that the miner only leverages four double-A batteries, Stacksmashing noted that the 8-bit handheld game console was not nearly as powerful as today’s modern mining […]

Bitcoin halving optimism faces challenges from economic realities: Goldman Sachs

Crypto user modifies old school Game Boy for Bitcoin mining

YouTuber Stacksmashing estimated his rig would take "a couple of quadrillion years to mine a Bitcoin."

An IT security researcher has been able to adapt Nintendo’s first major handheld game console to mine cryptocurrency.

According to a recent YouTube video, user Stacksmashing used the hardware from a Nintendo Game Boy first released in 1989 as a starting point to mine Bitcoin (BTC). Because the gaming console has no built-in wireless capabilities — and largely predates the internet — the YouTuber said he used a Raspberry Pi microcontroller board attached to the Game Boy’s link port and a USB flash card to establish a connection to a BTC node run from his computer.

Screenshot from YouTube

"My goal was to use an original, unmodified Game Boy," said Stacksmashing. "I want to plug in a cartridge, and start mining."

Stacksmashing wrote his own mining code for the Game Boy’s read-only memory, integrated mining software — modified for the gaming console — and ran a BTC node on his computer. The result was nonces getting incremented on the console’s green screen, showing the rig was attempting to mine crypto.

"The hash rate is pretty impressive, roughly 0.8 hashes per second," said Stacksmashing, explaining: 

"If you compare that to a modern ASIC miner, which comes in at around 100 Terahashes per second, you can see that we are almost as fast, only off by a factor of roughly 125 trillion. At this rate, it should only take us a couple of quadrillion years to mine a Bitcoin."
Screenshot from YouTube

Many crypto enthusiasts have been looking to gaming consoles as a way to mine BTC or other cryptocurrencies for some time, but in general the systems are neither designed nor marketed towards miners. Earlier this month, a Chinese software developer seemed to have pranked the crypto space by claiming to have mined Ether (ETH) using a PlayStation 5. Last year, developers from 1st Playable denied rumors one of its games could be used to hijack Nintendo’s Switch console to mine BTC.

Stacksmashing’s attempts to use an 8-bit gaming console to mine crypto may have been just for the experience, but he has said on Twitter he’s not finished yet. Already the IT security researcher claims to have used Nintendo’s Super Game Boy — an adapter released in 1994 that allows original Game Boy games to be played on the Super Nintendo Entertainment System — to mine BTC in much the same way.

“Obviously, mining Bitcoin on a Game Boy is everything but profitable, but I learned a lot of things while building this, and definitely had a ton of fun.”

Bitcoin halving optimism faces challenges from economic realities: Goldman Sachs