These are miners that profit less than $1,000/year and will be unprofitable in 22 months. No need to take my word for any of this, everything has links. All approximate. Tell me if I messed up any calculation. Do your own research. Not financial advise. In the Q1...
RIOT BLOCKCHAIN’S Latest Investor Deck, Just Wow
RIOT dropped another investor presentation. They update this monthly which lets you see how things are changing. One of the slides, slide 19, hadn't been updated since last year as far as I can tell. It shows their own estimated forward returns as a monthly profit,...
Real RIOT BLOCKCHAIN May Production and Operation Updates. So sad!
8% fewer BTC than April (508 vs 466). 59% fewer new miners deployed than April (3,456 vs 1,086) Lower hashrate than April (4.7 vs 4.6EH) Fewer miners running than April (46,375 vs 43,458) due to shutting off 4,000 S17-Pros Reduced their estimated "total" hash rate...
Think twice before investing in Bitcoin
Well, shit. I’ve been watching this situation for a few years, and assuming it would just blow over so we wouldn’t have to talk about it here in this place where we are supposed to be busy improving our lives. But a collective insanity has sprouted around the new...
NFL superstar Richard Sherman lays out 3 issues with crypto trading
Seattle Seahawks Cornerback Richard Sherman has begun educating himself on cryptocurrencies and blockchain. He says while there is infinite potential there are still some issues in the space. Sherman says investors need to do their own research and look beyond...
Search Drives Majority Of Cyber Monday Conversions: Adobe
by Laurie Sullivan , Staff Writer @lauriesullivan Search drove the majority of online sales on Cyber Monday, leading with 41.7%. Paid search, which saw the strongest growth at 8.3% year-over-year (YoY), contributed about 22.9% to purchases, and organic search...
The Kremlin Is Obsessed With Cryptocurrencies
Putin and his people once threatened to jail bitcoin users. Now, they can’t get enough of the digital money. In early June, Russian President Vladimir Putin attended the annual St. Petersburg International Economic Forum. The headline moment at the event was a...
After Trump Win, Ad Agencies Are Clueless How To Market To Middle America
Donald Trump's election taught politicians several valuable lessons but politicians aren't the only ones learning valuable lessons from Trump's stunning victory as advertising agencies have also been forced to admit that they have no idea how to market to the...
Is the job market for professionals unraveling?
LinkedIn Job Postings Plunge, “by far the Worst Month since January 2009” by Wolf Richter The jobs data in the US has recently taken a nasty spill. Last week it was an ugly jobs report from the Bureau of Labor Statistics. It could bounce off next month, and the...
Be suspicious of unicorn start ups
The idea of a unicorn – a company valued by venture capitalists at over a billion dollars – is so seductive that some whole industries use it as a benchmark without understanding its irony. The mania of Silicon Valley is so great that the venture capital firms even...