Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment

14- and 9-Year-Old Brother and Sister Duo Rake in $30K a Month Mining Crypto With Renewable Energy

14- and 9-Year-Old Brother and Sister Duo Rake in $30K a Month Mining Crypto With Renewable Energy

The beauty behind cryptocurrency networks like Bitcoin is the fact that anyone can participate in the field of crypto mining. In fact, two siblings explained in a recent interview that they rake in more than $30K per month mining digital assets.

Kid Duo Captures $30K a Month Mining Digital Currencies

A 14- and 9-year-old brother and sister pair have made headlines in recent times for explaining how they make over $30,000 a month mining crypto assets. The 9-year-old Aanya Thakur and her brother 14-year-old Ishaan mined three types of digital currencies this summer because they “wanted to learn something new about technology – and also make some money along the way.” The two appeared in a CNBC report published by the reporter Taylor Locke and the CNBC broadcast “Make It.”

According to the Thakur siblings, the duo mines bitcoin (BTC), ethereum (ETH) and ravencoin (RVN). Youtube videos taught Ishaan how to convert his Alienware computer into a mining rig and at first, the siblings mined ethereum to start. “Crypto mining is just like mining for gold or diamonds,” Ishaan explained in his interview. “Instead of using shovels, you mine with computers. Instead of finding a piece of gold or a diamond in the mine, you find a cryptocurrency,” he added.

Ishaan and Aanya liked mining so much with the help of their dad they started a mining firm called Flifer Technologies. “We liked it so much that we started to add more processors [or chips], and made $1,000 in our first month,” Ishaan remarked. At the end of July, the duo was able to purchase other equipment like SHA256 capable ASIC Antminers, alongside Nvidia RTX 3080-Ti GPUs. Ishaan stressed:

We can process a little over 10 billion Ethereum algorithms per second.

Siblings Operation Leverages 100% Renewable Energy

The duo’s father Raj did help get the team going and took out a loan for the brother and sister team to expand. The report by Taylor Locke details that Raj would not disclose the size of the loan. The story about the Thakur siblings follows the tale about the 12-year-old “Weird Whales” NFT creator that made a few hundred thousand dollars in ether selling his NFT collection.

There’s been a number of young people that have stepped into the world of cryptocurrencies at a young age. In 2018, a 15-year-old security researcher shared a Ledger hardware wallet exploit he found. The same year, a 14-year-old developer built an uncensorable voting platform. The brother and sister from Texas who started Flifer Technologies explained during their interview that when they mine crypto they use “100% renewable energy.”

“We moved from my desk to the garage, since the house was getting too much heat and noise,” the Thakur siblings said. “[W]e outgrew the garage, since heat and noise [were] too much for the garage too. We now use the garage only for building and testing mining rigs. When they are ready, we move them to a professional, air-conditioned data center in downtown Dallas.”

What do you think about the 14- and 9-year-old brother and sister duo who decided to start their own mining business? Let us know what you think about this subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment
Read more

Year of sponsorships: Celebrities who embraced crypto in 2021

From Matt Damon appearing in a TV spot for Crypto.com to Kim Kardashian shilling EthereumMax, 2021 saw celebrities with higher profiles getting into crypto. Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets. In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram story shared with  her more than 200 million followers . The token, which was used as payment for online ticket purchases for some pay-per-view events, gained 116,000% in just one week following the celebrity’s activity before falling more than 99% and leaving many investors in the red. Kim Kardashian promoting EthereumMax on Instagram Stories, June 2021. Source: Instagram Though EthereumMax is somewhat of a cautionary tale for cry...
Post a Comment
Read more

Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs

While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last 24 hours. The largest rebase token economies such as Wonderland, Olympus, and Redacted Cartel have shed between 36% to 55% over the last week. Top 3 Rebase Token Protocols Shed Billions in Value Over the Last Week, Wonderland Down 87% Since High On the first day of November 2021, Bitcoin.com News took a deep dive into the Olympus DAO and the reserve-backed asset called OHM . Olympus is a decentralized finance (defi) project that is described as a rebase token and since Olympus started, a myriad of Olympus forks have been born. Essentially, rebase token protocols adjust the token supply in a periodic fashion or when the price fluctuates. Olympus was once ...
Post a Comment
Read more