337 karma · joined September 14, 2020
Or using a tomato for something other than a pizza base.
People from other states probably think hurricanes are scary but most Floridians (except the ones on the coast or the ones from Cuba) don’t panic until it’s a category 5th hurricane. With the exception of CAT 5s, hurricanes have never been as bad as the news portrays them.
The biggest negative has been the noticeable increases in the mosquito population but it’s only temporary. Maybe Project Verily or something similar can help with that.
I didn’t upvote the article because I thought the article was lacking details. Example:
>>>“New concepts were introduced into the Russian Criminal Code: including “voluntary surrender,” “looting,” “mobilization,” “martial law” and “wartime.””
>>>The rulings were passed unanimously.”
In my opinion, the article is lacking for not including the actual new code or sentences from the code.
Previously ETC was often used as a lower cost dev-testing server for ETH applications that might not be ready for the main-net.
Crypto mining occurs mainly where electricity is either cheap or free. Hydroelectric and Geothermal tends to produce the cheapest energy so many large mining outfits were relocated next to Hydroelectric and Geothermal plants. Many are in remote northern areas where computer cooling costs are less expensive too. $HIVE blockchain technologies was running enough ethereum miners to mine 7675 ethereum ($11.5 Million dollars worth) during the 3 month period ending in June 30, 2022 according to their quarterly earnings report. 100% of all of their miners used renewable energy sources.
Banks can afford to give out loans that are less than inflation because they are creating money out of thin air to lend to you. Sure, the lent money is collateralized behind a property but it’s new money. It doesn’t really matter how much of a return they get as long as the return is higher than the default rate percentage and the return (after factoring in defaults) is positive.
There used to be restrictions like a 10% reserve ratio. But that’s been lifted in the US in 2020.
Big banks can also borrow money from the central bank to lend out. Current federal rate is 2.25%-2.5% and mortgages are about 5.9%. Thus banks keep the interest rate spread. Using those numbers, a $300,000 loan at a 30yr fixed rate is a bank product that will thus earn the bank $178,959.73 in interest. No wonder banks are the most wealthy class of businesses!
Receiving cryptocurrency is by default anonymous because it requires no public action on the part of the receiver.
Except, checking a transaction tx or wallet balance on blockchain.info could flag the IP checking that balance.