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Home Blog Page 3267

Do you want to join in the Bitcoin surge?

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Bitcoin has traded above $62,000 and is approaching an all-time high after the U.S. Securities and Exchange Commission approved a spot Bitcoin exchange-traded fund (ETF). BlackRock’s iShares Bitcoin Trust has benefited greatly from the new hype cycle in cryptocurrencies: As of Thursday, the ETF had earned $1.4 billion. In addition to BlackRock, miners, exchanges, mining platforms and derivatives markets have all joined the current surge in cryptocurrencies and have made considerable profits from it.

As the world’s top mining platform, simpleminers naturally benefits from it. The investors of simpleminers were all happy when they shared the extra income of the current period, and they increased their investment in simpleminers one after another, planning to welcome a bigger carnival with simpleminers.

So what does simpleminers do? How much can you earn from investing in simpleminers? How to invest in simpleminers? This article will elaborate on these issues.

  1. What does simpleminers do?

Simpleminers is a mining platform founded in 2019 that focuses on mining Bitcoin. In order to ensure the leadership in computing power, Simpleminers has created a cloud mining business (that is, users can rent a certain amount of “computing power” from Simpleminers to participate in Bitcoin mining, and Simpleminers will allocate corresponding interest to users based on the amount of computing power rented by users. And give users a certain amount of additional rewards when Bitcoin appreciates and benefit) to solve the capital needs during the investment period. Simpleminers’ cloud mining business has been favored by investors since it was launched, because it provides users with a simple and stable way to make money in the fast-paced and volatile world of cryptocurrency.

  1. How much money can you make from investing with simpleminers?

Investing in simpleminers can provide you with the following four layers of superimposed benefits:

  1. Registration bonus: Download and register a simpleminers account to get a $10 registration bonus;
  2. Daily income: Purchase a computing power contract and obtain the daily income from the contract (daily income rate up to 3%);
  3. Additional bonuses: If the value of Bitcoin increases, you can also receive additional rewards during the contract period;
  4. Invitation income: By inviting friends to invest in simpleminers, you can get a reward of 3% of the friend’s investment. If your friend invites his friends to invest in simpleminers, you can also get a reward of 1% of their investment.

Investing in simpleminers and earning $1,000 every day is completely achievable.

  1. How to invest in SimpleMiners?

For cloud mining with Simpleminers, you only need to complete three simple steps:

Step 1: Create an account at Simpleminers and get a $10 bonus. You only need to fill in the registration form on the official website and set up your email, login account, login password, etc. to complete the registration.

Step 2: Choose the contract that’s right for your purchase. Simpleminers provides you with a variety of contracts with different “hash power” amounts. You can invest starting from $100, with daily returns of up to 3%. You can choose any one of these, or purchase multiple different contracts or multiples of the same contract, depending on your needs.

Step 3: Pay the required amount to the contract and you can start cloud mining with Simpleminers.

In addition, Simpleminers provides 24-hour online services from a team of experts, pays profits daily, and provides customers with mobile APP download services to facilitate users’ contract subscription and redemption operations, ensuring the security and visibility of user funds. Simpleminers does not charge any maintenance fees except for contract fees, making it a truly low-cost, high-yield cloud mining platform.

 

To know more, you can log on to their official website: simpleminers.com

AI is a tool, not a creature: OpenAI CEO Addresses AI Misconceptions Amid Legal Dispute with Elon Musk

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In a recent interview with The Advocate, OpenAI CEO Sam Altman sought to clarify common misunderstandings surrounding artificial intelligence (AI), particularly preaching that AI should be perceived as a tool rather than a sentient being.

Altman highlighted the prevalence of the misconception that AI resembles a creature, perpetuated by science fiction narratives.

“It’s a better movie plot if it’s a creature in a sci-fi movie, for example. If you use ChatGPT, it’s clearly a tool,” Altman explained, shedding light on the distinction. He emphasized that while AI presents risks, they manifest in different forms than often portrayed in fictional scenarios.

Altman acknowledged the evolving discourse surrounding AI, noting shifts from alarmist sentiments to a more nuanced understanding of its potential. However, this optimism is tempered by the recognition of AI’s inherent risks.

“It’s a bit less alarming than his earlier warnings,” remarked Altman, referencing previous statements where he speculated on the potentially catastrophic outcomes of AI development. Despite these concerns, Altman maintained an optimistic outlook, emphasizing the transformative power of AI as a tool to enhance human capabilities.

This conversation comes amidst a legal dispute between Altman and OpenAI co-founder Elon Musk, who recently filed a lawsuit against Altman alleging a deviation from OpenAI’s original nonprofit mission. Musk’s lawsuit argues that OpenAI’s partnership with Microsoft contradicts its initial commitment to leveraging AI for the betterment of humanity.

“OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft,” Musk’s legal team asserted, raising concerns over the prioritization of profit over societal benefit in OpenAI’s current direction.

Microsoft has thrown billions of dollars into OpenAI, investing in and incorporating the chatbot into its tech operations, including Bing – the web search engine it’s preparing to rival Google.

According to legal documents, OpenAI’s founding agreement mandated that its technological advancements be freely accessible to the public, a principle that Musk contends has been disregarded. Instead, he argues, OpenAI has transitioned into a profit-driven enterprise, particularly following its lucrative partnership with Microsoft.

This shift in focus, Musk argues, constitutes a stark betrayal of the original vision and principles upon which OpenAI was founded.

“OpenAI, once a beacon of hope for ethical AI development, has strayed from its noble mission,” Musk declared in a statement accompanying the legal filing. “I cannot stand idly by as an organization that I helped nurture and support veers off course, prioritizing profit over the betterment of humanity.”

In response to the lawsuit, Altman and OpenAI CSO Jason Kwon addressed staff in a memo quoted by the Wall Street Journal, refuting Musk’s claims and suggesting personal motivations behind the legal action. “We believe the claims in this suit may stem from Elon’s regrets about not being involved with the company today,” the memo stated, implying a possible discord between Musk and the current leadership of OpenAI.

The lawsuit underscores broader tensions within the AI community regarding the ethical implications of AI development and its alignment with societal interests. While Altman advocates for a pragmatic approach to AI, emphasizing its potential as a tool for positive impact, Musk’s lawsuit reflects deeper concerns about the commercialization and control of AI technologies by powerful entities like Microsoft.

Despite these challenges, Altman remains committed to advancing AI responsibly and fostering dialogue around its implications. He holds strong the perception of AI as a tool while dismissing the growing ‘misconception’ of the technology. He said, “the popular misconception of AI as sci-fi is very, very different from people who have been using it as a tool for a long time.”

Speculation Swirls Around Tech Giant’s Involvement in BlockDAG, Fuelling Sales, While Shiba Inu and Cosmos Show Bullish Growth

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The Shiba Inu burn rate has skyrocketed recently, igniting renewed optimism for the second-largest meme coin. Optimistic sentiment also surrounds Cosmos (ATOM), as evidenced by its Fear & Greed index. However, these developments pale compared to an emerging crypto sensation: BlockDAG (BDAG).

Inspired by Kaspa, BlockDAG is stirring excitement within the crypto community as rumour swirls that a major tech CEO is behind the project. This rumour becomes believable when we take a look at the soaring presale numbers. The ongoing BlockDAG presale has managed to raise over $2.4 million in the first two batches of its presale, putting itself in the spotlight. Keep reading for a closer look at these developments and why BlockDAG is a top crypto for 2024.

Can Cosmos (ATOM) Price Reclaim Its ATH?

Bullish sentiment surrounds Cosmos (ATOM), with the current daily Fear & Greed Index at 74%. Cosmos (ATOM) price is currently $11.36, and speculation is rife about whether ATOM will reclaim its all-time high of $44.70 during this bull run.

Regarding technicals, ATOM is currently trading within a range bounded by support at $8.06 and resistance at $12.47, above the EMA. If ATOM remains above the EMAs, there’s potential for a move towards $12.47 and $15.2. However, if it drops below the support at $8.06, a bearish scenario could unfold, in which case Cosmos (ATOM) price might test lower supports at $7.01 and $4.28.

Shiba Inu Burn Rate Skyrockets by 30000%

Shiba Inu burn rate skyrocketed by an astounding 30000% on March 1, incinerating over 3.75M of SHIB in the last 24 hours. The total tokens burnt from Shiba Inu’s initial supply now stand at approximately 410.70 trillion SHIB, with a circulating supply of 581.65 coins.

Following such a staggering incineration of SHIB supply, the attention turned to SHIB price action, which rallied dramatically over the past few days, topping the $0.000014 mark. The surge in Shiba Inu burn rate happened alongside a slew of other developments within the ecosystem, most notably the launch of SHEboshi, a partnership with K9 Finance, and the upcoming introduction of the KNINE LSD (Liquid Staking Derivatives) token.

BlockDAG – Opening Doors to Crypto Mining

BlockDAG (BDAG) is revolutionising the crypto landscape, setting a new standard for the efficiency and sustainability of crypto mining. With a commitment to environmental responsibility, BlockDAG’s X-series mining rigs are engineered to minimise energy consumption, addressing the critical challenge in the industry and paving the way for a greener future.

Furthermore, BlockDAG seeks to democratise crypto mining. With BlockDAG’s cloud mining solution, users can mine BDAG without buying expensive hardware and incurring excessive energy costs. On top of that, BlockDAG offers a user-friendly mining app, allowing users to mine crypto right from their smartphones.

Aside from its crypto mining solutions, what truly sets BlockDAG’s network apart is its next-generation hybrid consensus mechanism. This mechanism represents an evolution from the DAG protocol used by Kaspa, ensuring lightning-fast transaction validation while maintaining top-notch security.

Investors are already seeing solid returns with BlockDAG. With a staggering 50% ROI from its first presale batch to the second, the project’s ROI potential is undeniable. And for those who seize the opportunity now and buy into the second presale batch, the future looks even brighter, with a jaw-dropping projected ROI of 3233% upon launch. Furthermore, the rumours of a significant tech CEO behind BlockDAG further heat the hype, sending investors into a frenzy.

In response to the overwhelming early investor interest and the quickly raised $2.4M, BlockDAG has announced a $2 million mega giveaway shared by 50 lucky community members. To participate in the giveaway, follow BlockDAG’s social media channels, submit your wallet address, increase your chances by completing all quests, and bring friends for additional entries!

Key Takeaways

The Shiba Inu burn rate surge has sparked hope within the SHIB community, but it’s unlikely that the second-largest meme coin will replicate its 2021 returns. Similarly, investors are optimistic about Cosmos (ATOM) price, although reaching its all-time high seems unlikely.

In search of returns reminiscent of those seen with Shiba Inu and Cosmos in 2021, investors are looking into BlockDAG (BDAG), a new crypto sensation poised to revolutionise the crypto mining landscape.

 

Invest In BlockDAG Today

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram:https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Can we Make Nigeria Great Again via a Regional-Based Development Framework?

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Nigeria grew fastest under a regional development framework. The state-level model of today is weak to do great projects. Awolowo, Okpara, and Bello* were able to do great things because they used economies of scale in their playbooks. No state in Nigeria except Lagos, Rivers, Akwa Ibom and Delta can fund any decent capital project today.

Lagos state budget is hitting N1.8 trillion, well ahead of Kano State’s budget which is less than Imo State’s N592 billion.

So, if you expect say Kano to build transformational projects to support its HUGE population, that will not come. But if you have a Northwest regional development strategy, that becomes possible. Regional based development is the future for Nigeria and we need to push leaders to organize as such.

As you do that, you need great leaders like the governorship class of 1979 across Nigeria. The governorship class of 1979 is the Greatest Class in the history of Nigeria. From Mbakwe of Imo State to Rimi of Kano to Jakande of Lagos, reading about them is delightful. And if you check their account balances, they did great things without external debts. The honesty in the land enabled them to tap into the wealth of their fellow citizens. The Peoples Club of Aba was Mbakwe’s IMF and World Bank, as he used them to raise funds to advance the state.

Can we Make Nigeria Great Again?

Comment on feed: Regional government may not be feasible again. Our best option is true fiscal federalism.

My Response: You can have that at the state level and do major projects regionally. For example, even with fiscal federalism, Cross River may partner with Akwa Ibom to build a deep seaport. They are not exclusive! In the US, New York and NewJersey have fiscal federalism but they jointly developed their ports system.

*not all in the photo

Microsoft > Top 10 American Banks, on Market Caps

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For Nigeria to advance, we need fundamental reforms. Yes, I do think we need to push the nation through policies to redesign the architecture of our economy, out of the SAP mindset of the late 1980s, where we created finance houses and banks, over building and running factories. Under our current model, Nigeria has no chance because a finance-first strategy is an illusion because every financial engineering has an expiry date. We need a production-first economic blueprint because every great nation has advanced through that model.

If you combine the market capitalisations of the top ten American banks, Microsoft can buy all of them and still have a change. Yes, while we respect those big US banks like Goldman Sachs, JP Morgan, etc, what drives America is their industries. Yes, at the core of America is a production-first economic blueprint and not a finance-first.

Nigerian policymakers must return Nigeria to the 1957-1965 manufacturing era where we were recognized as one of the finest productive economies in the world.