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The U.S. government has reached a new milestone in its fiscal history, spending over $1 trillion on interest payments for its national debt in 2024. This figure marks the highest annual interest payment in the nation’s history, driven by surging debt levels and high interest rates. The national debt has now ballooned to $35.3 trillion,…
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Japan has announced plans to develop Fugaku Next, a zetta-class supercomputer capable of reaching speeds 1,000 times faster than current models. The project aims to achieve one zettaFLOPS, or a sextillion calculations per second, which would place it far ahead of the fastest supercomputers today. This incredible computing power is expected to drive advancements in…
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An Uninterruptible Power Supply (UPS) is a device that provides emergency backup power to a computer or network system during a power outage or voltage fluctuation. It acts as a buffer between the computer and the power source, ensuring that critical systems remain operational long enough to safely shut down or switch to an alternative…
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BlackRock, the world’s largest asset management firm, recently emphasized Bitcoin’s potential to act as a safeguard in these turbulent times. According to the company, Bitcoin could serve as a hedge against global disorder, offering protection from the vulnerabilities of traditional financial structures. BlackRock’s advocacy for Bitcoin was further solidified with the launch of its Bitcoin…
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DiskPart is a command-line disk partitioning tool built into the Windows operating system. It allows users to manage their storage devices such as hard drives, SSDs, USB flash drives, and SD cards. DiskPart provides more control and flexibility over disk management compared to the GUI Disk Management utility in Windows. BitcoinVersus.Tech Editor’s Note: We volunteer…
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In the realm of computer systems, memory plays a pivotal role in determining performance and data retention capabilities. Two primary categories of memory exist: volatile and non-volatile. Volatile memory, such as Random Access Memory (RAM), requires a continuous power supply to maintain stored data. When the system powers down, information in volatile memory is lost.…
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The evolution of Bitcoin mining hardware has shown a significant shift in both power and efficiency, with each new generation becoming slightly less impactful than the previous one. Early models like the Antminer S1 introduced a massive leap in processing power, but recent iterations reveal diminishing returns in both hashrate and energy efficiency. Blockware Intelligence’s…
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Senior Bitcoin mining expert Pierre Rochard took to Twitter today to correct a widely shared Wired article that claimed ERCOT, Texas’ grid operator, pays Bitcoin miners to curtail during high demand periods. The false claim suggests that miners were financially incentivized to turn off their operations to ease grid stress. Rochard, pointing out the misinformation,…
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The Peripheral Component Interconnect Express (PCIe) is a high-speed expansion bus interface used to connect various hardware components to a computer’s motherboard. It serves as the primary interface for graphics cards, network adapters, storage devices, and other peripherals that require fast data transfer. PCIe uses a serial communication architecture, meaning it transmits data one bit…
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the United Kingdom is preparing to legally recognize cryptocurrency as personal property. This decision comes as digital assets continue to gain mainstream acceptance, paving the way for more robust legal frameworks to support their use and ownership. This recognition follows a broader push by UK lawmakers to establish clear rules surrounding digital assets, ensuring that…
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SpaceX CEO Elon Musk has declared plans to launch the first uncrewed Starships to Mars in the next two years, aligning with the upcoming Earth-Mars transfer window. These missions aim to test the reliability of landing spacecraft safely on the Martian surface. “The first Starships to Mars will launch in two years when the next…
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Indonesian cryptocurrency exchange Indodax suffered a significant breach, resulting in the theft of $22 million worth of cryptocurrencies, including Bitcoin, Ether, and Tron. The attack targeted Indodax’s hot wallets, forcing the exchange to suspend operations and launch an investigation. Blockchain security firms PeckShield and Cyvers were among the first to detect the breach, linking the…
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The United States is considering establishing a Strategic Bitcoin Reserve, a move that could significantly impact the cryptocurrency market. Senator Cynthia Lummis introduced the BITCOIN Act of 2024, proposing the creation of a national Bitcoin reserve to bolster the nation’s financial stability. Bitcoin Expert Adam Back suggests that if the U.S. government adopts Bitcoin as…
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Fred Krueger, a prominent Bitcoin advocate with a strong background in Wall Street, recently issued a bold statement targeting altcoin and NFT enthusiasts. In a social media post, Krueger declared, “Altcoiners, I hate to break it to you. Your coin will be worthless in 10 years. Your NFT will have zero bidders. Bitcoin will be…
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Japan’s Metaplanet has made a significant addition to its Bitcoin reserves, purchasing an extra 38.464 BTC, valued at approximately $2 million. This brings the company’s total Bitcoin holdings to 398.832 BTC, worth $26 million. The move follows a broader institutional strategy where Metaplanet transitioned from hotel management to cryptocurrency investment, highlighting its increasing focus on…
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In a recent interview with Benzinga, former New Jersey Governor Chris Christie discussed President-elect Donald Trump’s potential plans regarding federal marijuana policy. Christie suggested that Trump might seek to reclassify marijuana to a non-scheduled status, effectively decriminalizing it at the federal level. Christie highlighted the challenges faced by the cannabis industry due to marijuana’s current…
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Deutsche Telekom, Europe’s largest telecommunications provider and parent company of T-Mobile, has announced plans to start mining Bitcoin. This development was revealed during the BTC Prague conference, where Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, shared the company’s intentions to expand its involvement in the blockchain space by mining Bitcoin. Röder,…
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Michael Saylor, executive chairman of MicroStrategy, has forecasted that Bitcoin could hit $13 million per coin within the next 21 years. Speaking on CNBC, Saylor explained that his projection is based on Bitcoin eventually accounting for 7% of global capital, a significant leap from its current 0.1% share. He believes Bitcoin’s market capitalization could soar…
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In an era of rapid technological advancement, leading tech companies increasingly find that owning dedicated semiconductor fabrication plants (fabs) and manufacturing lines may be essential for maintaining a competitive edge. For companies like Apple, Google, and Amazon, reliance on external chip suppliers risks introducing bottlenecks and dependency that could limit their innovation capabilities. By establishing…
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Japan’s largest power company, TEPCO, is leveraging its surplus renewable energy to mine Bitcoin through its subsidiary Agile Energy X. This initiative addresses a major issue in Japan’s energy sector, where solar and wind energy production often exceeds demand, leading to wasted power. In 2023, the country curtailed 1,920 gigawatt-hours of renewable energy, enough to…
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In a recent viral tweet by @asanoha_gold, an image circulates with the bold statement: “You Can’t Make More Bitcoin, You Can Make More Bitcoiners.” This message captures the spirit of Bitcoin’s unique scarcity and the growing Bitcoin community. While Bitcoin has a hard cap of 21 million coins, this tweet underscores the idea that although…
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Two unidentified companies have proposed building artificial intelligence (AI) data centers in North Dakota, with each project potentially costing up to $125 billion. This massive investment could transform the state’s tech infrastructure, marking it as a critical hub for AI-driven operations. During an August meeting with the North Dakota Public Service Commission, Commissioner of Commerce…
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Applied Digital, a leader in bitcoin mining hosting and high-performance computing, has secured $160 million in strategic financing. This funding comes from a group of investors, including the prominent chipmaker NVIDIA. The capital injection is poised to support Applied Digital’s ongoing projects, such as the development of one of the largest data center campuses in…
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Netflix has secured an exclusive deal with the NFL to stream two marquee Christmas Day games in 2024, a significant step for the platform’s live sports portfolio. The Kansas City Chiefs will face the Pittsburgh Steelers, while the Baltimore Ravens take on the Houston Texans. This marks the first time Netflix will host live NFL…
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Researchers from Harvard University and Google have created the most detailed map of human brain tissue ever produced. The team, led by Professor Jeff Lichtman, meticulously mapped a 1mm³ fragment of brain tissue taken from a patient undergoing epilepsy surgery. This seemingly small piece of brain contains approximately 57,000 cells and a staggering 150 million…
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The U.S. Department of Energy has appointed Argonne National Laboratory to spearhead the Energy Storage Research Alliance (ESRA), a significant initiative aimed at advancing battery technology and energy storage innovation. This national energy storage hub will unite nearly 50 leading researchers from three national laboratories and 12 universities, including top institutions like Columbia University and…
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Braiins has introduced the BMM 100 Mini Miner, an innovative device allowing Bitcoin enthusiasts to not only mine but also engage in gaming activities. This miner, with a hash rate of 1 terahash per second and a power consumption of just 40 watts, is ideal for home-based miners who want to decentralize the Bitcoin network.…
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Bitcoin, the world’s leading cryptocurrency, has now logged more trading hours than the U.S. stock market. This milestone highlights the continuous 24/7 nature of cryptocurrency markets compared to traditional stock exchanges, which operate on fixed trading hours. Since its inception in 2010, Bitcoin has clocked an estimated 123,774 hours of trading, surpassing the stock market’s…
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A recent viral trend on social media known as the “Chase Bank glitch” has caused legal and financial repercussions for those involved. Promoted as an easy way to get “free money” by depositing fake checks and quickly withdrawing funds from Chase ATMs, the glitch was soon debunked by financial experts and Chase Bank itself as…
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The United Arab Emirates has successfully completed the Barakah Nuclear Energy Plant, the first of its kind in the Arab world. This significant milestone supports the UAE’s long-term energy goals, including providing 25% of the country’s electricity needs. The Barakah plant is expected to generate 40 terawatt-hours of clean electricity annually, marking a major step…
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Japan is preparing to significantly reduce the tax burden on cryptocurrency earnings, proposing to lower the maximum tax rate from 55% to 20%. This move would align cryptocurrency profits with other financial assets such as stocks, creating a more favorable environment for crypto investors. The reduction aims to address concerns about the heavy tax load…
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Mark Karpelès, the former CEO of the defunct Mt. Gox cryptocurrency exchange, is preparing to launch a new platform called EllipX by the end of September 2024. Based in Poland, this new exchange aims to serve European users initially, with plans for global expansion. EllipX will focus on transparency and user-friendliness, addressing the growing demand…
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The Japanese government is set to reform its cryptocurrency tax policies by significantly reducing the maximum tax rate on crypto earnings from 55% to 20%. This proposed change is aimed at aligning the tax treatment of cryptocurrencies with that of traditional financial assets, such as stocks. Currently, crypto profits are taxed under a miscellaneous income…
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HIVE Digital Technologies has announced the purchase of 1,000 Bitmain S21 Pro Antminers, marking a significant upgrade to its mining fleet. This acquisition is expected to increase HIVE’s mining efficiency and capacity as part of its broader strategy to optimize operations. The newly acquired miners will contribute an additional 200 PH/s to HIVE’s hashrate, boosting…
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On September 1, 2024, Qatar announced a significant development in its financial sector with the introduction of the QFC Digital Assets Framework. This framework, established by the Qatar Financial Centre Authority (QFCA) and the Qatar Financial Centre Regulatory Authority (QFCRA), sets new legal and regulatory standards for digital assets in the Qatar Financial Centre (QFC).…
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Bitcoin’s value trajectory may be on a scientific path to $1 million by 2033, thanks to Stephen Perrenod’s unique power law model predicting a long-term growth pattern rooted in mathematical principles and natural phenomena His analysis uses the “Bitcoin Power Law,” a model that employs mathematical patterns often seen in nature, such as scaling laws…
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The Federal Bureau of Investigation (FBI) has issued a warning regarding North Korea’s latest cyberattacks targeting U.S.-based Bitcoin exchange-traded funds (ETFs). These attacks use advanced social engineering techniques, focusing on infiltrating companies involved in cryptocurrency to steal digital assets. The hackers have been conducting detailed research on firms and exploiting security vulnerabilities through highly tailored…
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Zurich Cantonal Bank (ZKB), one of Switzerland’s largest financial institutions, has announced a significant move into the cryptocurrency market. The bank now allows its customers to trade and store Bitcoin and Ethereum directly from its platform. This offering will integrate with the bank’s existing services, including ZKB eBanking and Mobile Banking, ensuring that customers can…
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Bitcoin mining company Marathon Digital Holdings has announced plans to raise $250 million through a debt offering to acquire additional Bitcoin. Marathon already holds over 20,000 BTC on its balance sheet and is continuing to pursue an aggressive strategy of increasing its cryptocurrency reserves. The funds from this convertible note offering will be used primarily…
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Bank of America has forecasted that commodities could generate annualized returns of approximately 11%, nearly doubling the recent performance of bonds. This projection comes as the bank identifies several factors driving this trend, including rising debt, demographic changes, and reverse-globalization. According to the bank’s strategists, these elements are all contributing to a structural rise in…
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Macy’s Inc. has uncovered a significant accounting discrepancy involving a former employee who allegedly concealed between $132 million and $154 million in delivery expenses over nearly three years. The individual responsible for tracking small-package delivery costs is no longer with the company. An independent investigation revealed that the employee made erroneous accounting entries to hide…
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The Bitaxe Machine offers open-source Bitcoin mining with customizable hardware and software. The Ultra model incorporates the efficient BM1366 chip, enhancing its power and accessibility. However, it’s important to note that Bitaxe Machines are not compatible with 5G frequency. Each model and version caters to specific needs and technical expertise in the competitive Bitcoin mining…
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At CNBC’s Delivering Alpha 2024 conference, Ben Affleck, co-founder and CEO of Artists Equity, expressed confidence that artificial intelligence (AI) will not replace actors or writers in the foreseeable future. He emphasized that while AI can generate imitative content, it lacks the creative nuance and taste inherent in human artistry. Affleck highlighted the unique value…
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With the MLB offseason here, all eyes are on Juan Soto, who is projected to sign a record-breaking contract worth up to $750 million over 14 years. The 26-year-old outfielder has established himself as one of the game’s brightest stars, attracting attention from teams like the New York Yankees, Los Angeles Dodgers, and New York…
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According to a recent analysis by VanEck, Bitcoin’s value could skyrocket to $2.9 million per coin by 2050. This bold prediction is grounded in the expectation that Bitcoin will gain significant traction as both a global medium of exchange and a reserve asset. The report suggests that as traditional fiat currencies such as the U.S.…
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Several leading technology companies have articulated missions and engaged in initiatives that reflect a commitment to advancing human welfare through their technologies. Here’s an overview: OpenAI: OpenAI’s mission is to develop “safe and beneficial” artificial general intelligence (AGI) that benefits all of humanity. They emphasize safety and ethical considerations in AI development. Anthropic: Anthropic focuses…
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Amid escalating housing prices and elevated mortgage rates, a significant number of first-time homebuyers are increasingly relying on inheritances to secure their initial properties. A recent survey by Redfin revealed that 16% of Gen Z and millennial buyers anticipate using an inheritance for their down payment, highlighting the growing dependence on familial financial support in…
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Thumzup Media Corporation, a Nasdaq-listed social media marketing firm, has announced plans to purchase up to $1 million in Bitcoin to bolster its treasury reserves. CEO Robert Steele highlighted Bitcoin’s finite supply and inflation-resistant properties as key factors in this strategic move. The decision aligns with a growing trend among corporations integrating digital assets into…
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Michael Saylor, the prominent Bitcoin advocate and Executive Chairman of MicroStrategy, has consistently emphasized the transformative potential of Bitcoin in terms of digital energy. Saylor explained, “That entire wave – digital music, digital maps, digital messages that created the Apple, Amazon, and Facebooks – it didn’t include the transformation of digital energy. And the fundamental…
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OpenAI has announced a significant update to its GPT-4o model, enhancing its creative writing capabilities and improving its handling of uploaded files. The company stated that the model now produces more natural, engaging, and tailored content, thereby increasing relevance and readability. The update also enhances GPT-4o’s ability to process uploaded documents, such as PDFs and…
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Scale AI has unveiled Defense Llama, a Large Language Model (LLM) developed in collaboration with Meta and defense experts, tailored specifically for U.S. national security applications. This model is accessible exclusively within controlled U.S. government environments through Scale Donovan, enabling military and national security personnel to leverage generative AI for tasks such as military operations…
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Beijing-based aerospace company Space Transportation, also known as Lingkong Tianxing Technology, has announced the successful test flight of its supersonic jet prototype, Yunxing. The aircraft achieved speeds of Mach 4, approximately 3,069 miles per hour, nearly doubling the velocity of the retired Concorde, which cruised at Mach 2. The Yunxing prototype is designed for vertical…
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TeraWulf, a leading player in the Bitcoin mining industry, is preparing to launch its latest 2-megawatt facility, WULF Den, at the start of September. This state-of-the-art facility features a liquid-cooled system and was rapidly constructed within an existing building to speed up the deployment process. The WULF Den facility is part of TeraWulf’s broader strategy…
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As advancements in artificial general intelligence (AGI) progress rapidly, some experts predict its arrival by 2026-27. The potential impact of AGI on employment and economic stability is immense, with machines capable of performing a wide range of human tasks autonomously. With this transformative shift on the horizon, now is the time to start discussing the…
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According to multiple sources, including Jurrien Timmer, Director of Global Macro at Fidelity, the investment firm has made several bold forecasts regarding Bitcoin’s future value. One such prediction is that one Bitcoin may be worth $1 billion by 2038. This prediction is based on Timmer’s analysis of Bitcoin’s growth potential, drawing parallels with the historical…
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The U.S. Bankruptcy Court has approved FTX’s plan to repay creditors a minimum of 118% of their claims. The decision, delivered by Judge John Dorsey on October 7, 2024, marks a pivotal moment in the ongoing fallout from FTX’s collapse. The repayment, estimated to involve between $14.5 billion and $16.5 billion in assets, will prioritize…
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Bit Digital, Inc. (NASDAQ: BTBT), a leader in digital asset and AI infrastructure, has made a significant acquisition, purchasing Enovum Data Centers for approximately $46 million. The acquisition adds a Tier 3 data center in Canada to Bit Digital’s portfolio, bolstering its infrastructure with 4 MW of fully operational capacity and providing a potential expansion…
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The snmpwalk command is used to perform a series of network management requests to a specific device using an IP address(example: 10.31.10.101),starting from the OID 1.3.6.1.2.1.2.2.1, using SNMPv3. Reference record for OID: Website to interpret OID Adresses snmpwalk -v3 -l authPriv -u l1monitor -a MD5 -A GEe9bb8h -x DES -X 4ixay7su 10.36.10.108 1.3.6.1.2.1.2.2.1snmpwalk: This is…
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Bankrupt Bitcoin miner Rhodium Enterprises has received court approval to secure a loan in either U.S. dollars or Bitcoin, allowing the company to choose between a $30 million loan or 500 Bitcoin from Galaxy Digital. This unique debtor-in-possession financing option comes as Rhodium faces mounting financial difficulties, having recently filed for Chapter 11 bankruptcy in…
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Arkham Intelligence, a blockchain analytics firm, has announced the official launch of its cryptocurrency exchange in the United States. The platform aims to provide U.S. traders with access to a range of digital assets, positioning itself as a competitor to established exchanges like Coinbase and Crypto.com. The exchange will offer spot trading services, allowing users…
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Renowned business leaders Warren Buffett and Michael Saylor have earned vast influence through divergent investment philosophies. Warren Buffett, CEO of Berkshire Hathaway, is known for his conservative, value-driven investment approach, focusing on traditional assets like stocks in established companies. His guiding principles emphasize steady, long-term investments with minimal risk, famously stating that “price is what…
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Apple is reportedly preparing to release the second generation of its mixed-reality headset, the Vision Pro 2, between fall 2025 and spring 2026. According to Bloomberg’s Mark Gurman, the development is on track for this timeline, with the new model anticipated to feature enhanced performance and capabilities. Industry analyst Ming-Chi Kuo suggests that the Vision…
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CleanSpark Inc. has acquired two Bitcoin mining sites in Wyoming, expanding its operational capacity by 75 MW. The first site, with 30 MW capacity, will employ high-efficiency S21 immersion XP mining machines and is set to be fully operational by end of 2024. CleanSpark’s CEO, Zach Bradford, emphasized the strategic importance of this move.
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Andre Ingram, a seasoned NBA G League player, has been a vocal advocate for increased salaries for G League athletes. Ingram, who has spent over a decade in the G League, has firsthand experience with the financial challenges players face. He has consistently highlighted the need for better compensation to support players’ livelihoods and career…
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President-elect Donald Trump‘s transition team is reportedly prioritizing the establishment of a federal framework for autonomous vehicles, aiming to streamline regulations and accelerate the deployment of self-driving technology. The proposed regulatory changes are expected to benefit companies like Tesla, which has been actively developing autonomous driving capabilities. Following the news, Tesla’s stock surged by over…
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In a recent interview, Michael Saylor, the executive chairman of MicroStrategy and prominent Bitcoin advocate, reaffirmed his confident stance on Bitcoin’s potential, projecting a 29% annual growth rate for the digital asset over the next 21 years. With a current holding of over 252,000 BTC—worth approximately $15 billion—MicroStrategy leads the corporate Bitcoin market, planning to…
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The U.S. Department of Justice (DOJ) has proposed that Google divest its Chrome browser to address antitrust concerns regarding the company’s dominance in the online search market. The DOJ argues that Google’s control over Chrome reinforces its search monopoly by directing users to its search engine, thereby limiting competition. In addition to the proposed sale…
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Kenyan engineer Roy Allela has developed Sign-IO, a smart glove that translates sign language into audible speech, significantly enhancing communication for the deaf community. The glove employs sensors on each finger to detect hand movements, which are then transmitted via Bluetooth to a mobile application that vocalizes the gestures in real-time. Allela’s inspiration stemmed from…
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According to Nerdminer.store, a leading micro Bitcoin mining technology shop in Europe, the first assembly of the Bitaxe miner has been revealed, showcasing its innovative design tailored for efficiency. The miner features two prominent heatsinks designed to manage heat dissipation effectively and maintain optimal operational conditions during mining. Nerdminer emphasizes its commitment to open-source mining…
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Michael Saylor, co-founder and executive chairman of MicroStrategy, is scheduled to present a Bitcoin investment strategy to Microsoft’s board of directors before December 10. Saylor, a prominent advocate for Bitcoin adoption, has publicly encouraged Microsoft to integrate Bitcoin into its financial strategy, suggesting it could significantly enhance shareholder value. In a recent X Spaces discussion…
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Keywords like “bitcoin” or “crypto” or “Blackrock” or “Satoshi Nakomoto”. Stories from a 3rd party should be hyperlinked into non key words like “reported” or “launched” etc. if you cannot find a story to hyperlink your word to, that’s okay just complete the story. That’s all for now. If you have any questions please feel…
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The Bitaxe Gamma, a single ASIC Bitcoin miner, has been experiencing issues with its temperature sensor, leading to high and inconsistent readings. Investigations revealed that the EMC2101 integrated circuit was configured incorrectly, causing these anomalies. The development team has announced that a forthcoming update will address this configuration error, potentially enhancing the device’s thermal performance.…
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Major Jason Lowery of the U.S. Space Force has applied for a role as a military advisor to the U.S. government, aiming to advocate for the establishment of a “US Hash Force” and a strategic Bitcoin reserve. Image Source: beincrypto.com In a recent open letter to the U.S. Defense Innovation Board, Lowery urged the Department…
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Compass Mining, a prominent provider of Bitcoin mining hardware and services, has announced plans to establish a new mining facility in Iowa. The company has acquired property and secured power agreements for the state-of-the-art site, which is set to begin operations with an initial capacity of 8 megawatts (MW) in January 2025. Future expansions aim…
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Bit Digital, Inc., a New York-based company, has reported a significant shift in its revenue streams, with high-performance computing (HPC) services surpassing Bitcoin mining for the first time. In the third quarter of 2024, the company generated $12.2 million from HPC services, compared to $10.1 million from Bitcoin mining. The decline in Bitcoin mining revenue,…
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Bitcoin24 is an open-source macro model for forecasting asset growth and Bitcoin adoption over the next 21 years. It offers micro models to assess various Bitcoin strategies for individuals, corporations, institutions, and nation-states. Users can input assumptions and adjust parameters to explore different scenarios, providing a clear perspective on potential growth trends.
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A recent opinion from Judge Sun Jie of the Shanghai Songjiang People’s Court has clarified that, under Chinese law, individuals are permitted to own cryptocurrencies like Bitcoin. Judge Sun stated that cryptocurrencies are considered virtual commodities with property attributes, making personal ownership legal. However, this recognition does not extend to commercial activities involving cryptocurrencies. Chinese…
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Texas State Representative Giovanni Capriglione has expressed a desire for Texas to establish a Strategic Bitcoin Reserve ahead of federal initiatives. Speaking at the Texas Blockchain Summit in Dallas, Capriglione stated, “It’s destined to happen somewhere. I’d rather it happen here first.” This sentiment aligns with recent discussions among Texas lawmakers about creating a state-held…
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Deutsche Telekom, Europe’s largest telecom, has started mining Bitcoin using surplus renewable energy in a pilot project called “Digital Monetary Photosynthesis.” The initiative, in partnership with Bankhaus Metzler, aims to stabilize energy grids by converting excess energy into digital assets, per Deutsche Telekom. The mining operations, hosted by Riva Engineering in Backnang, Germany, utilize surplus…
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California Governor Gavin Newsom has announced plans to reinstate state-level electric vehicle (EV) rebates if the incoming Trump administration eliminates the federal EV tax credit. This initiative aims to maintain support for EV adoption within the state. Notably, the proposed program may exclude major manufacturers like Tesla to encourage competition and innovation among smaller EV…
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The Bitcoin mining hardware market is experiencing notable price increases, with Bitmain’s Antminer S21 series units rising by 5-10% month-over-month across various marketplaces. Older models, such as the Antminer S19j Pro, have seen even more significant price hikes, with increases reaching up to 30% in the same timeframe. These price surges reflect a growing demand…
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Mawson Infrastructure Group Inc. reported a significant financial upturn for October 2024, with total monthly revenue reaching approximately $4.89 million. This figure represents a 49% year-over-year increase from October 2023 and an 18% month-over-month rise from September 2024. The company’s Digital Colocation business contributed $3.96 million to the monthly revenue, marking a substantial growth from…
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In the current energy market, Texas natural gas producers are facing a significant disparity between selling gas to pipelines and utilizing it for Bitcoin mining. According to recent data, selling natural gas to pipelines in Texas yields less than $2 per thousand cubic feet (Mcf). In contrast, using the same gas to power Bitcoin mining…
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Innovative developments in open-source Bitcoin mining have emerged with the introduction of a hydro-cooled Bitaxe design by @RoninMiner. This advanced setup integrates several key components to enhance mining efficiency and cooling performance. Components of the Hydro-Cooled Bitaxe Miner: The hydro-cooled Bitaxe miner integrates several key components to maximize efficiency and performance in Bitcoin mining. At…
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Peter Todd shared a critical perspective on Riot’s upcoming 1 GW mining facility in Corsicana, Texas, which is on track to become the world’s largest. Todd suggests that, over time, such large-scale centralized facilities are economically and logistically inefficient compared to more distributed mining solutions. According to Todd, centralizing so much hash power in one…
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The code snippet provided shows how to insert an item into a list at a specific position rather than appending it at the end. Instead of adding “sunglasses” to the end of the list using append(), the task is to insert “sunglasses” at index 2 of the list travel_items. Explanation of the code:travel_items.insert(2, ‘sunglasses’) This…
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Anthony Pompliano, a prominent Bitcoin advocate and investor, has reignited debate over the idea of a United States Bitcoin strategic reserve. In a recent post on X.com, Pompliano suggested that the United States print $250 billion and allocate 100% of it to purchasing Bitcoin. His reasoning centers on Bitcoin’s unique characteristics as a hedge against…
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In a recent development, Brazil’s Supreme Court has issued an order imposing fines of up to $8,874 per day on individuals using virtual private networks (VPNs) to access X.com, the platform formerly known as Twitter. This decision follows a broader ban on X in Brazil, initiated after the platform, under Elon Musk’s leadership, failed to…
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Bitcoin’s price trajectory has been observed to follow a power law distribution, a pattern commonly found in urban metrics such as GDP, number of patents, and crime rates. This similarity suggests that Bitcoin’s growth and stability may be influenced by principles governing complex systems like cities. Power laws describe relationships where a relative change in…
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ASICKey has introduced a new lineup of cryptocurrency miners, including the KEYMINER A1, KEYMINER X, and KEYMINER PRO, all utilizing advanced 3nm ASIC technology to deliver high hash rates with reduced power consumption. The entry-level KEYMINER A1 offers a hash rate of 1100 TH/s for Bitcoin while consuming just 650 W of power, reportedly generating…
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Pennsylvania has made history by introducing the Pennsylvania Bitcoin Strategic Reserve Act, a bill that would allow the state treasury to allocate up to 10% of its $7 billion reserves into Bitcoin. Republican State Representative Mike Cabell, the bill’s sponsor, described the act as a “visionary step toward securing our state’s financial future.” He emphasized…
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NASA has appointed Clayton P. Turner as the associate administrator of the Space Technology Mission Directorate (STMD), effective immediately. Turner, who has been serving as the acting associate administrator since July, will continue to oversee the development and demonstration of critical space technologies aimed at advancing future missions and maintaining American leadership in aerospace. Turner’s…
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Underclocking involves reducing a component’s clock speed below its factory settings. This practice aims to decrease power consumption and heat generation, which can be beneficial for extending battery life in portable devices or achieving quieter operation in desktops. However, the trade-off is diminished performance, as the component operates at a slower speed. Advantages of Underclocking…
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Anthony Pompliano, Founder and CEO of Professional Capital Management, recently offered an insightful perspective. Pompliano describes Bitcoin as “gold with wings,” emphasizing its potential to protect against market downturns while offering substantial growth. In a recent appearance on Market Domination Overtime, Pompliano discussed why he remains optimistic about Bitcoin’s future, despite the recent price volatility.…
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Young Americans aged 18 to 29 are grappling with a significant debt burden, collectively owing $1.12 trillion, as reported by the Federal Reserve Bank of New York. This substantial figure underscores the financial challenges faced by the younger demographic in the United States. Credit card debt constitutes a notable portion of this liability. In the…
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Chinese electric vehicle manufacturer Xpeng has unveiled its innovative modular flying vehicle, the Land Aircraft Carrier, priced at approximately $280,000. Xpeng vans (Photo credit: Xpeng) The company has already secured 2,000 orders for this groundbreaking vehicle, which features a detachable aircraft capable of accommodating two passengers. The aircraft can be reattached to the ground module…
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Soluna Holdings Inc. (NASDAQ: SLNH) has reported robust financial results for the third quarter of 2024, achieving a year-to-date revenue of $29.7 million, marking a significant increase from the $10.9 million reported during the same period in 2023. A key development contributing to this growth is the launch of Soluna Cloud AI, a sustainable cloud…
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Billionaire investor Paul Tudor Jones has significantly increased his fund’s Bitcoin holdings through BlackRock’s iShares Bitcoin Trust ETF. Recent filings with the U.S. Securities and Exchange Commission (SEC) reveal that Tudor Investment Corporation now holds over 4.4 million shares in the ETF, a substantial rise from the 869,565 shares reported in June. This expansion reflects…
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Editor’s Note: Dr. Santostasi exact price predictions are more of a theory than a law. It’s a law in the sense that it does definitively explain where the price is going. But he’s theorizing on the exact price. Bitcoin’s adoption rate, per Giovanni Santostasi’s detailed analysis titled The Bitcoin Growth Game, is surpassing the early…
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Apple has introduced a new feature in its iOS 18.2 update, enabling users to share the location of their AirTags with third parties, including airlines. This development aims to streamline the process of locating lost luggage by allowing travelers to grant airlines access to real-time tracking information. Users can generate a Share Item Location link…
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