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

Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed

Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in 3 Days The University Institute of Public Opinion (Iudop) in El Salvador conducted a study between Aug. 13 and Aug. 20 of how the public views the country’s upcoming Bitcoin Law. The institute is a research center of the José Simeón Cañas Central American University (UCA). El Salvador’s Bitcoin Law is set to go into effect on Sept. 7 , when BTC will be legal tender in the country alongside the U.S. dollar. A total of 1,281 respondents ages 18 and over participated in this national survey that “represents the entire adult population residing in the country,” according to the institute. Out of all the respondents, 62.4% said they were aware of the approval of the Bitcoin Law by the deputies of the ...
Post a Comment
Read more

Bitcoin breaking new highs in Q4 will ‘temporarily turn alts to dust’ — Analyst

Things will get exciting in quarter four, but not before a convincing floor is put in across crypto, analysts say this week. Bitcoin ( BTC ) was busy losing its overnight gains on Sept. 27 as resistance continued to prove too much for bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst on Bitcoin: “Right now, we’re stuck” Data from Cointelegraph Markets Pro and TradingView  showed BTC/USD dropping to around $1,000 below overnight highs of $44,400 on Bitstamp on Sept. 27.  The move constitutes a rejection at a “critical” zone to break, Cointelegraph contributor Michaël van de Poppe explained, with $42,000 now the key level to hold for a higher low. Bitcoin is acting in an increasingly narrow range, he summarized in his latest YouTube update. “Right now, we’re stuck,” he said, pointing to $47,000 as next should the $44,600 zone be reclaimed. On the downside, the zone between $38,000 and $40,000 remains valid for a bounce, while a co...
Post a Comment
Read more

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to strengthen the company’s Ethereum wallet Metamask and “enhance Web3 experiences.” The eventual merger between the two Ethereum interfaces will “provide users with a heightened experience that is even more extensive and secure,” according to Consensys. Consensys is an Ethereum software company led by one of the Ethereum co-founders Joseph Lubin. The Web3 wallet Metamask, with 21 million monthly active users (MAUs) is owned by C...
Post a Comment
Read more