Bitcoin is a cryptocurrency and worldwide repayment system. It’s the first decentralized digital money, as the machine works with out a central lender or sole administrator. The network is peer-to-peer and ventures happen between users immediately, lacking any intermediary. These trades are confirmed by network nodes by using cryptography and registered in a open public sent out ledger called a blockchain. Bitcoin was developed by an undiscovered person or group of folks under the name Satoshi Nakamoto and released as open-source software in ’09 2009.
Bitcoins are manufactured as an incentive for an activity known as mining. They could be exchanged for other currencies, products, and services. By Feb 2015, over 100,000 stores and distributors accepted bitcoin as repayment. Research made by the College or university of Cambridge quotes that in 2017, there are 2.9 to 5.8 million unique users by using a cryptocurrency wallet, almost all of them using bitcoin.
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The Bodoland Territorial Council (BTC) is a territorial council in Assam state of India which have jurisdictions in Bodoland Territorial Area Districts. It was established according to the Memorandum of Settlement of 10 February 2003. BTC came into existence immediately after surrender of Bodo Liberation Tigers Force (BLTF) cadres. The BLTF laid down their weapons on 6 December 2003 under the leadership of Hagrama Mohilary and Hagrama was sworn in as the Chief Executive Member (CEM) on 7 December 2003. The BTC has 46 executive members each looking after a specific area of control called somisthi. The area under the BTC jurisdiction is officially called the Bodoland Territorial Area Districts (BTAD). The region falls within the geographical map of least developed region in India. The agro-based economy is the only source of livelihood of the people. Industrialisation and other employment opportunities are scant.
The BTAD consists of four contiguous districts — Kokrajhar, Baksa, Udalguri and Chirang — carved out of seven existing districts — Kokrajhar, Bongaigaon, Barpeta, Nalbari, Kamrup, Darrang and Sonitpur — an area of 8,822 km² (35% of Assam). It’s establishment was under the sixth schedule of the Constitution of India.
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Mining engineering is an engineering discipline that applies science and technology to the extraction of minerals from the earth. Mining engineering is associated with many other disciplines, such as geology, mineral processing and metallurgy, geotechnical engineering and surveying. A mining engineer may manage any phase of mining operations – from exploration and discovery of the mineral resource, through feasibility study, mine design, development of plans, production and operations to mine closure.
With the process of Mineral extraction, some amount of waste and uneconomic material are generated which are the primary source of pollution in the vicinity of mines. Mining activities by their nature cause a disturbance of the natural environment in and around which the minerals are located. Mining engineers must therefore be concerned not only with the production and processing of mineral commodities, but also with the mitigation of damage to the environment both during and after mining as a result of the change in the mining area.
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Kraken is a prominent, US-based cryptocurrency exchange operating in Canada, the EU, Japan, and the US, and “the world’s largest bitcoin exchange in euro volume and liquidity”. . In June 2016, Kraken added Ethereum dark pool trading for large bitcoin buyers. Ven (currency) has also been traded on Kraken.
Kraken provides Bitcoin pricing to the Bloomberg Terminal. In April 2017, According to the reports, Kraken launched fiat funding options to transfers denominated US dollars and government-issued currencies.
Throughout 2017, the Kraken exchange has suffered from DDoS attacks and performance issues. In November 2017, Kraken CEO Jesse Powell apologized for the site issues, but praised its security, citing its impeccable record.
On 10 January 2018 Kraken suspended trading for over 48 hours while it performed an upgrade which was intended only to take 2 hours. Since first opening in 2011 this was the longest interruption to service.
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Asteroid mining is the exploitation of raw materials from asteroids and other minor planets, including near-Earth objects.
Minerals can be mined from an asteroid or spent comet then used in space for construction materials or taken back to Earth. These include gold, iridium, silver, osmium, palladium, platinum, rhenium, rhodium, ruthenium and tungsten for transport back to Earth; iron, cobalt, manganese, molybdenum, nickel, aluminium, and titanium for construction.
Due to the high launch and transportation costs of spaceflight, inaccurate identification of asteroids suitable for mining, and in-situ ore extraction challenges, terrestrial mining remains the only means of raw mineral acquisition today. If space program funding, either public or private, dramatically increases, this situation is likely to change in the future as resources on Earth are becoming increasingly scarce and the full potentials of asteroid mining—and space exploration in general—are researched in greater detail. However, it is yet uncertain whether asteroid mining will develop to attain the volume and composition needed in due time to fully compensate for dwindling terrestrial reserves.
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Bitcoin Cash (BCH) is a hard fork of the cryptocurrency bitcoin. The bitcoin scalability debate led to the hard fork on August 1, 2017, which resulted in the creation of a new blockchain. The stated goal of the fork was to increase the number of transactions its ledger can process by increasing the block size limit to eight megabytes.
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Cloud Mining is the process of bitcoin mining utilizing a remote datacenter with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware. The mining rigs are housed and maintained in a facility owned by mining company and the customer simply needs to register and purchase mining contracts or shares. Since Cloud Mining is provided as a service there is generally some cost and this can result in lower returns for the miner. There are many cloud mining scams.
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The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them. Whilst the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications. While some countries have explicitly allowed its use and trade, others have banned or restricted it. Likewise, various government agencies, departments, and courts have classified bitcoins differently. While this article provides the legal status of bitcoin, regulations and bans that apply to this cryptocurrency likely extend to similar systems as well.
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A tool library allow patrons to check out or borrow tools, equipment and “how-to” instructional materials, functioning either as a rental shop, with a charge for borrowing the tools, or more commonly free of charge as a form of community sharing. A tool library performs the following main tasks:
Lending: all kinds of tools for use in volunteer projects, facility maintenance and improvement projects, community improvement events, and special events.
Advocacy: for the complete and timely return of all borrowed tools, to guarantee the long-term sustainability of available inventory. Staff also seeks compensation for lost tools and tools returned late.
Maintenance: performing routine maintenance and repairs on all equipment to ensure good condition and to extend the lifespan of the inventory. This function is typically performed by volunteers and community service workers.
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In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block. A “share” is awarded to members of the mining pool who present a valid partial proof-of-work. Mining in pools began when the difficulty for mining increased to the point where it could take years for slower miners to generate a block. The solution to this problem was for miners to pool their resources so they could generate blocks more quickly and therefore receive a portion of the block reward on a consistent basis, rather than randomly once every few years.
