Jenson

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⚡️The first perpetual mineable #Atomicals #ARC20 token is $infinity at Atomical Number 187,476. $infinity represents the world's first perpetual and infinitely mineable Proof of Work (POW) overlay token on #Bitcoin that automatically increases difficulty exponentially forever. The end of infinity is a new beginning. ♾ Unofficial and for experimental purposes only. There is no utility, no roadmap, no team and no promise of any kind and merely exists to be whatever the users want it to be through their own efforts. See the published terms in the token metadata (included below). $infinity is available for anyone to mine and bring into existence according to the protocol rules. It has no purpose except to demonstrate the technology and there are no expectations of profit. We stress that it exists solely as a scientific and educational endeavor for demonstration purposes only with no support and no developments. There is however one practical use for the individual scientists: to channel and strengthen their CPU/GPU miners against something stable and continuous without end. We know from other #ARC20 tokens that there must exist GPU miners developed and hidden which are strategically deployed because there are already 8 and 9 digit #Bitwork difficulty targets. We hope those developments will be open and become available for everyone soon. The future depends on the acceleration of Proof of Work (POW) adoption on the Bitcoin overlay protocols for ranking and sorting all content. $infinity actually has a fixed supply in practice because there is no such thing as infinite energy available to us. As a thought experiment someone can calculate what that supply would be if we took all the energy in the observable universe and applied it all to mine $infinity for a year. We perform a basic analysis in an attempt to assess how many digits of Bitwork of $infinity (or any Bitwork mineable object) could be achieved and therefore the theoretical maximum supply at the current GPU price/performance ratios. Let us begin. Assume the hash rate of a modern GPU such as a RTX 4090 (our reference GPU) can achieve 3,000 MH/s = 3 GH/s or about 3,000,000,000 sha256 calculations per second. Further assume the cost to rent a RTX4090 on vast.ai is ~$1.00 USD/hour. Which means it costs $1.00 USD for 3,600 seconds x 3,000,000,000 hashes = 10,800,000,000,000 total hashes. That is 10 trillion and 800 billion sha256 calculations for $1.00 in 1 hour. That's a lot of hashes. Adding up the total hashes across all ARC20 ecosystem tokens we arrive at a number approximately in the range of 250 trillion to 300 trillion calculations. Perhaps someone can do a detailed analysis and post it for us. What we see is that it is possible to replicate the results of all ARC20 mints in as little has 25 hours with 1 GPU at a cost of $25.00 USD. This is an interesting result and tells us that there are many orders of magnitude we can reach, so what would a possible limit look like in terms of Bitwork difficulty? We calculate that the log16 of 10,800,000,000,000 (hashes per hour per $1.00) is 10.824 - or 10 hex digits with a fractional Bitwork at the end such as 0123456789.11. That is worth $1.00 of GPU hash. With the $infinite inflation schedule we arrive at (11-3)*16*3333 = 426,624 total mints for an 11 digit Bitwork achieved and a total supply of 4,265,813,376 = 426,624 * 9999. It gives the cost of every incremental 9999 units $1.00 or about 10 units per $0.01 USD. This however does not take into account that BTC transaction fees dominate at the beginning, between $5.00 to $10.00 per mint and hash power cost is negligible until a certain threshold. Let us advance beyond and assume it takes $10 of GPU power to mine an $infinity - log16 of 108,000,000,000,000 (hashes per 10 hours worth $10) is 11.655 - or 11 hex digits with a fractional Bitwork at the end such as 01234567891.10. At 100x (ie: $100 per mint cost of GPU) we arrive at 12.485 hex digits. At 1,000x (ie: $1,000 per mint of GPU) we arrive at 13.315 hex digits. At 10,000x (ie: $10,000 per mint of GPU) we arrive at 14.146 hex digits. At 100,000x (ie: $100,000 per mint of GPU) we arrive at 14.976 hex digits That creates a total supply ceiling of: (15-3)*16*3333 = 639,936 mints or 6,398,720,064 units when the cost per mint is $100,000 USD of rented GPU hash. Which is absurdly height but nonetheless we use that number to demonstrate a reasonable upper ceiling for the current generation of GPUs and their hash rate performance. In a lot of ways the Bitcoin BTC network itself is increasing energy levels exponentially for now, but it will reach a limit because the emission rate is decaying with logarithm (ie: halvenings) and therefore it achieves the fixed supply in that manner. Contrasted to infinitely mineable tokens, the energy level needed increases exponentially with no halvenings, but the constraints of physical reality - the energy of the universe available to us imposes the limits and ultimately achieves the same end of a fixed supply. That completes our basic analysis to show the energy levels imaginable, it would be a tremendous achievement to arrive at 12 digits (of any digital object or Bitwork content) and set the internet on the correct path to ranking all content and digital objects with Proof of Work. In a world dominated by powerful algorithms, deep fakes, and AI, the only assurance we will have is our own economic and intelligent efforts guided by real world costs. Our future as a species depends upon the widespread proliferation of Proof of Work technologies of all kinds to make the world more open, transparent, traceable, verifiable, permissionless and ultimately honest. We state again that $infinity is not for speculation, not for investment and there is no roadmap, no team, no promises, and no development. It exists solely as a demonstration and educational token of the world's first infinite perpetually mineable token on top of Bitcoin. The terms published in the metadata of $infinity are reproduced below: The Token is provided 'AS IS', without warranty of any kind, express or implied, including but not limited to the warranties of merchantability, fitness for a particular purpose and non-infringement. In no event shall the creators, authors or copyright holders be liable for any claim, damages or other liability, whether in an action of contract, tort or otherwise, arising from, out of or in connection with The Token or the use or other dealings in The Token. The Token does not represent any investment, security, financial instrument, redemption, promise, bearer instrument or commitment of any kind. The Token is intended only for educational and experimentation purposes only and is not backed or supported by any individual or team. There are no future prospects or plans of any kind beyond the educational and experimentation usages of The Token. Any use or interaction with The Token is expressly prohibited unless your jurisdiction and circumstances explicitly permits the use and interaction with The Token. Any interaction with The Token constitutes acceptance of these terms and the user accepts all responsibility and all risks associated with the use and interaction with The Token.