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Bitcoin miners hit $4.7B in revenue this year, but its becoming unprofitable

Oct09
by on October 9, 2018 at 12:33 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


Bitcoin miners have raised over $4.7 billion in revenue so far this year, but rising electricity prices have rendered cryptocurrency mining almost completely unprofitable, even for the world’s biggest pools. Blockchain research unit Diar has published data mapping the profitability of mining Bitcoin. For the first time, it appears small-time cryptocurrency mining operations, who pay retail rates, are no longer profitable. Bitcoin miners currently earn 54,000 BTC ($355 million) every month for processing transactions by mining blocks. They are also paid by users in the form of transaction fees. A sustainably high hash rate and increase adoption has meant Bitcoin mining…

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People keep dying taking selfies, this study reveals how

Oct09
by on October 9, 2018 at 11:40 am
Posted In: Around the Web, Social Media


It seems anything you do or anywhere you visit is worthy of a selfie, whether that’s standing on the edge of a cliff or going for a coffee. But a new study has revealed our need to capture the perfect selfie comes with a price — the price being 250 deaths. The study published by the Journal of Family Medicine and Primary Care investigates how many of us social media addicts are dying to feed our Instagram. Between 2011 and last year, Dr. Agam Bansal, analyzed news stories (since coroners are unlikely to write “selfie” as the main caused of death) and found…

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Blue’s compact Yeti Nano is perfect for rookie podcasters and streamers

Oct09
by on October 9, 2018 at 11:18 am
Posted In: Around the Web, Plugged


California-based audio hardware brand Blue made a name for itself over the past two-and-something decades making superlative microphones and headphones, before it was acquired by Logitech for $117 million earlier this year. Its distinctive Yeti mic has long been the weapon of choice for podcasters and streamers who record audio at their desks. Its latest offering, the Yeti Nano, does them a solid by packing the Yeti’s pristine recording capabilities into a smaller form factor with a few less features and a smaller price tag. Here’s what you get for $100. Design The Yeti Nano is a stubby little thing,…

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Belgium to polling officials: Please don’t accidentally delete all the votes

Oct09
by on October 9, 2018 at 11:15 am
Posted In: Around the Web, world


When you think of potential threats to electoral integrity, your mind conjures up all sorts of images. You start to imagine shadowy state actors toiling away from seedy basements in Moscow, or anarchic young hacktivists doing it for the lulz. In Belgium, they’ve got another potential foe to contend with: the actual polling agents themselves. It turns out that Belgium’s voting machines store a record of each vote on a USB stick. This drive uses a Linux-compatible filesystem — presumably because that’s what the voting machines themselves run. What happens when you shove one of the sticks into a computer…

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8 tools to take your cryptocurrency trading game to a whole new level

Oct09
by on October 9, 2018 at 10:50 am
Posted In: Apps, Around the Web, cryptocurrency, Hard Fork


Even though Bitcoin may no longer be at the heights it reached in late 2017, it seems not a day goes by without a new story about cryptocurrency exchanges, mining, and trading. So, it should come as no surprise that many investors have turned to cryptocurrency as a new, potentially lucrative opportunity. Of course, it’s one thing to bring your past trading experiences to the crypto-world; it’s quite another to manage your investments in a way that will allow you to take your cryptocurrency trading game to the next level. Thankfully, several companies are stepping up to the plate with…

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