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  • Business Comments Off on Introduction To Bitcoin Mining Pools

    If you are a beginner in the bitcoin community then one of the hardest decisions you will have to make is to decide whether to mine on your own or to join an existing pool. It is evident though in the current hash rate distribution of the bitcoin network that majority of the miners are a part of a pool.

    If you are planning to mine on your own, it would mean that you would get all the reward without having to share with other miners. The problem with going solo is that the chance of getting a bitcoin as a reward is slimmer. When it comes to mining pools, there is a higher chance in solving a single block and then getting the reward in the process but it would mean that the reward has to be divided in every member of the pool.

    If you want to have a steady source of income then it is rational to choose joining a pool. The pay may be modest compared to winning the reward of a single block all by yourself which amounts to 25 bitcoins. It must be noted that it is required that the mining pool should not have more than 51 per cent of the total hashing power of the bitcoin system. If a single company or pool has control on over 50 per cent of the computing ability of the digital currency’s network, there will be disruption in the entire system. It was in 2014 that majority of the members of the bitcoin network are worried regarding the mining pool called GHash.io since it is almost near the limit. In order to stop this from happening, some of their miners have to go.

    What are bitcoin mining pools? They are considered the heart of the bitcoin network because without mining then the entire community will stop its operation. If you are planning to mine on your own then you should know that it is impossible for a single individual to get a profit from the mining process since it requires a lot of computing power. Thus, it is important to join a pool in order to earn rewards.

  • Business Comments Off on Miners Of Bitcoins Challenged By The Decreasing Supply

    One of the miners of bitcoin, Marco Streng is based in his home in the southwestern part of Iceland. He has thousands and thousands of computers that are in operation 24 hours every day in order to stay ahead of the mining competition considering there are millions of other miners scattered all over the globe.

    When it comes to bitcoin currency, the central bank does not have the authority to add more money into the circulation but instead computers that are in operation inside the bitcoin network are being given incentives in the form of bitcoins whenever they have processed a certain block that contains bitcoin transactions.

    Users with bitcoins can then send money anywhere in the globe with the use of individual bitcoin addresses. The process has no sending fee and there will be no third party required to check the transaction. With the popularity of bitcoin, it is now accepted by many huge online businesses.

    In case of the computers used by Streng, they are installed to perform two different tasks – to make sure that the 225,000 bitcoin transactions everyday are legit and then record them in a ledger. Since they are doing this every day, they are earning as well which adds more bitcoins in circulation. There are now $10 billion worth of bitcoins all over the world.

    The process has become popularly known as mining since it is not only very slow but intensive at the same time. With mining, the miners are getting incentives in the same way that actual miners find gems and gold.

    Last Saturday, the usual incentive that the miners get is cut into half. This is because of the existing code in the bitcoin protocol created last 2008 that the prize should be cut into half once in every four years. This is done in order to make sure that the digital currency is not affected by inflation.

    Since Saturday, the usual 25 bitcoins that are earned for every 10 minutes all over the world is now made to be 12.5. Mining guide to bitcoins are important for everyone because this change will ensure that only the mining pools that have the highest computing power will be able to profit for the meantime.

  • Business Comments Off on How To Find A Job With The Help Social Media and Technology

     

    In the last decade or more, social media together with the developing technology has become a very important part of our day to day life and is incorporated in every activity we do on a daily basis. Ever since the invention of social media and the internet, the way people look for jobs is far more different than before. In this modern time, how can one employ social media and technology in order to land a job? Here are some tips and tricks to keep in mind.

    • Widen your current network. If you are targeting certain organizations or companies that you want to work for, it is essential to have Twitter as well as LinkedIn in order to be able to follow their pages. One can also follow influential people that are working in the same line of work that they wish to pursue. These two platforms are designed to create interactions and connect all users.
    • Social media is not only a tool used in order to get to know new people and add new contacts to your business circle. It is also a way of getting in touch with the people you know and encourage them to help you in your way to landing your dream job.
    • Aside from your resume, you should be able to use the LinkedIn platform to supplement the information it contains. You should be able to display every professional experience in detailed. Things that are not listed on your resume can be added on your LinkedIn profile.
    • Aside from the detailed profile, LinkedIn also has the option for the public to leave recommendations on your profile. This will give future employers a perspective on how you are as a previous employee.
    • With the use of your email, you will be able to receive notifications if there are updates on the job that you are searching for. You don’t have to check the site every time to see if there are any new jobs in Bkk available as it will notify you upon subscription.
  • Tech Comments Off on Three Cities Covered By Digital Signage Network

    Teo, a telecommunications company and a provider of home entertainment services, has recently installed a network of digital signage to three of the largest cities found in Lithuania. The digital signage network is to be found in shopping malls from these three cities. The network is powered by Signagelive while the installation as well as commission was a responsibility tasked to Hansab UAB, a technology service provider. With the help of the signage network, there is now a display that can be used as a promotional medium to broadcast contents using videowalls or touchscreen with large display. The digital signage is specifically seen at the service centers for Teo.

    Teo is currently the largest telecommunication company in Lithuania and is a subsidiary of Telia Company. Their method of promotion used to be limited to standalone displays as well as USB drives. These mediums have proven to be inefficient when it comes to wasted resources. It also takes a lot of time because every display has to be updated manually in various locations.

    Signagelive was chosen as the provider of Teo’s digital signage because it has the ability to update via cloud and it can support multiple vendors at a time. With this, Hansab has the option to ix and match their displays in order to accommodate the need of different locations.

    The network that was created for the digital signage is composed of four types of configuration videowalls which is a Samsung slim-bezel. The displays are all 65 inches touchscreen. Through this network, individuals and businesses can now ask about their new services including CCTV, WiFi and cloud services. On idle mode, the network has been programmed to play videos that are scheduled on different times in order to promote other products and services offered by Teo.

    All of the contents that will be shown in the digital signage are stored in a platform created by Signagelive which is cloud-based. The telecommunication company has now the control on whatever promotional materials they want to display in real time at various locations with option to change them at a second’s notice. This is only one of the examples on how networks that are properly installed by network installation experts can benefit businesses.