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  • 19.06.2019 | This Robotic Dishwasher Seemingly Trumps Human Workers




    It is firmly believed robots will eventually take human jobs across various industries and segments. Whereas one wouldn’t necessarily expect dishwashers to be out of a job soon, the reality is somewhat different. Dishcraft, a startup building a commercial robotic dishwasher shows human labor in the kitchen might no longer be required. The Dishcraft Vision is Exciting One has to commend every company looking into robotics these days. Albeit not all of these ideas will yield commercially viable products, no stone should be left unturned either. Dishcraft has a very ambitious goal, albeit one that will undoubtedly meet a fair bit of opposition along the way. Replacing human dishwashers across restaurants worldwide will not necessarily go over too well with the general public. To put this in perspective, the startup is currently working on its robotic dishwasher which will offer great help in commercial kitchens. Finding the right use cases for robotics in the real world is not as straightforward as one may think.  As such, looking into a dishwasher might make a lot more sense when looking at the bigger picture. Plenty of restaurants would welcome dishwashing alternatives of any kind. As one would somewhat come to expect, the art of dishwashing has not changed all that much. While this job has been around for decades, the work itself, combined with the overall atmosphere, remains unchanged. It is also a very physical job which puts a lot of strain on both mind and body. Combined with the repetitive nature of this job, it is not hard to see why robots would be introduced sooner or later. One also has to keep in mind certain risks are associated with washing dishes. A human worker can break plates or glasses, get cut or burned, and even fall on a wet kitchen floor. Accidents like these are very common and can sometimes have very nefast consequences. It is a hazardous job which invites attrition, simply because of all the little facets one has to focus on at all times. That doesn’t necessarily mean a robot will do a better job, but it is an option worth exploring. To top it all off, hiring a dishwasher for an extended period of time has become significantly more difficult. That should not come as too big of a surprise either, primarily because the job itself isn’t too appealing. As such, Dishcraft wants to help build a reliable and sustainable solution. The unit can be connected to any location’s sanitizing machine. Dishes need to be placed into a container which automatically stacks everything accordingly. All the humans in the kitchen need to do is turn on the machine at the right time, and it will take care of the job accordingly. Its magnets pick up plates and bowls before putting them through a rubber scraping wheel and rinsing process. Once washed, all plates and bowls are stacked, which can then be put in a sanitizer. It is a very simple process which will work on a 24/7 basis if needed, without taking days off, asking for a pay raise, or getting ill. Dishcraft may be on to something in this regard, albeit it is still too early to draw any real conclusions.   image(s): Shutterstock.com   https://quantsalus.com/faq/ ...

    It is firmly believed robots will eventually take human jobs across various industries and segments. Whereas one wouldn’t necessarily expect dishwashers to be out of a job soon, the reality is somewhat different. Dishcraft, a startup building a commercial robotic dishwasher shows human labor in the kitchen might no longer be required.

    The Dishcraft Vision is Exciting

    One has to commend every company looking into robotics these days. Albeit not all of these ideas will yield commercially viable products, no stone should be left unturned either. Dishcraft has a very ambitious goal, albeit one that will undoubtedly meet a fair bit of opposition along the way. Replacing human dishwashers across restaurants worldwide will not necessarily go over too well with the general public.

    To put this in perspective, the startup is currently working on its robotic dishwasher which will offer great help in commercial kitchens. Finding the right use cases for robotics in the real world is not as straightforward as one may think.  As such, looking into a dishwasher might make a lot more sense when looking at the bigger picture. Plenty of restaurants would welcome dishwashing alternatives of any kind.

    As one would somewhat come to expect, the art of dishwashing has not changed all that much. While this job has been around for decades, the work itself, combined with the overall atmosphere, remains unchanged. It is also a very physical job which puts a lot of strain on both mind and body. Combined with the repetitive nature of this job, it is not hard to see why robots would be introduced sooner or later.

    One also has to keep in mind certain risks are associated with washing dishes. A human worker can break plates or glasses, get cut or burned, and even fall on a wet kitchen floor. Accidents like these are very common and can sometimes have very nefast consequences. It is a hazardous job which invites attrition, simply because of all the little facets one has to focus on at all times. That doesn’t necessarily mean a robot will do a better job, but it is an option worth exploring.

    To top it all off, hiring a dishwasher for an extended period of time has become significantly more difficult. That should not come as too big of a surprise either, primarily because the job itself isn’t too appealing. As such, Dishcraft wants to help build a reliable and sustainable solution. The unit can be connected to any location’s sanitizing machine. Dishes need to be placed into a container which automatically stacks everything accordingly.

    All the humans in the kitchen need to do is turn on the machine at the right time, and it will take care of the job accordingly. Its magnets pick up plates and bowls before putting them through a rubber scraping wheel and rinsing process. Once washed, all plates and bowls are stacked, which can then be put in a sanitizer. It is a very simple process which will work on a 24/7 basis if needed, without taking days off, asking for a pay raise, or getting ill. Dishcraft may be on to something in this regard, albeit it is still too early to draw any real conclusions.

     

    image(s): Shutterstock.com

     

    https://quantsalus.com/faq/



    19.06.2019 | Harley-Davidson will build motorcycles in China at the risk of angering Trump




    American motorcycle manufacturer Harley-Davidson said on Wednesday it is teaming up with China’s Qianjiang Motorcycle to make a new smaller motorcycle than its trademark ‘big hogs’. The decision is part of Harley’s plan to cut costs and source half of its sales outside the United States by 2027. The company views China as a major growth market, with sales in the country increasing 27 percent last year compared to the previous year. The new bike will have an engine displacement of 338 cubic centimeters, which is one of the smallest in the company’s 116-year history. It is planned to be sold in China from the end of 2020. The company’s existing range of motorcycles is generally far larger and comes with engine capacities of more than 601 cubic centimeters. Harley did not reveal a price range for the new motorbike, while Qianjiang said it would be “affordable.” According to Harley, it will be introduced elsewhere in Asia after the initial launch in China. The decision is part of a longer-term strategy for dealing with lower sales in the US and higher costs because of trade tariffs. Its announcement to move more production outside the United States has angered President Donald Trump. He called for a boycott after Harley shifted production to Thailand. Trump, however, made a U-turn to support the manufacturer, after the EU slapped tariffs on Harley-Davidson in retaliation for his tariffs on steel and aluminum imports.   US President Donald Trump and Vice President Mike Pence leave after meeting with Harley Davidson executives at the South Lawn of the White House in Washington © Reuters / Carlos Barria   https://quantsalus.com/contacts/...

    American motorcycle manufacturer Harley-Davidson said on Wednesday it is teaming up with China’s Qianjiang Motorcycle to make a new smaller motorcycle than its trademark ‘big hogs’.

    The decision is part of Harley’s plan to cut costs and source half of its sales outside the United States by 2027. The company views China as a major growth market, with sales in the country increasing 27 percent last year compared to the previous year.

    The new bike will have an engine displacement of 338 cubic centimeters, which is one of the smallest in the company’s 116-year history. It is planned to be sold in China from the end of 2020.

    The company’s existing range of motorcycles is generally far larger and comes with engine capacities of more than 601 cubic centimeters.

    Harley did not reveal a price range for the new motorbike, while Qianjiang said it would be “affordable.” According to Harley, it will be introduced elsewhere in Asia after the initial launch in China.

    The decision is part of a longer-term strategy for dealing with lower sales in the US and higher costs because of trade tariffs. Its announcement to move more production outside the United States has angered President Donald Trump. He called for a boycott after Harley shifted production to Thailand.

    Trump, however, made a U-turn to support the manufacturer, after the EU slapped tariffs on Harley-Davidson in retaliation for his tariffs on steel and aluminum imports.

     

    US President Donald Trump and Vice President Mike Pence leave after meeting with Harley Davidson executives at the South Lawn of the White House in Washington © Reuters / Carlos Barria

     

    https://quantsalus.com/contacts/


    18.06.2019 | Tux Exchange Closure Could Spell Trouble for Pepe Cash Traders




    These are very exciting times for the cryptocurrency industry as a whole. While not all of the developments are positive, it is evident the ecosystem is maturing in different ways. The closure of Tux Exchange might be a problem for some, especially the Pepe Cash traders. Another platform failed to meet volume expectations and will now pay the ultimate price for doing so. What is Tux Exchange? Most people may not even know what Tux Exchange is, primarily because it is not one of the most-talked about trading platforms in the world. Nor will it become such a platform, as it is effectively shutting down in the coming weeks. One of the reasons why Tux is so popular with some users is because it trades PepeCash. This makes it just one of two platforms officially trading this token issued on the Counterparty platform. Due to a lack of trading volume, however, it seems users will need to find an alternative Tux also maintained a status of not requiring KYC verification from users, which made it somewhat of an oddball in this industry. After all, the current regulatory requirements around the world make such a business model virtually unsustainable. Why is it Shutting Down? As one would come to expect when news like this breaks, it seems Tux Exchange has fallen victim to the ongoing regulatory uncertainties in most countries. The company cites “unfavorable conditions” and a “lack of trading volume” as the key reasons for this sudden decision. Users are no longer able to deposit funds, and new signups are no longer possible moving forward. Additionally, users need to withdraw coins as quickly as possible, as the platform will shut down on July 6. This leaves just three weeks to obtain one’s funds accordingly, but there shouldn’t be too many problems in that regard. For users of the affected trading pairs, plenty of wallets exist to withdraw funds as quickly as possible. It seems unlikely this turn of events will have any big impact on the markets supported by Tux. Which Coins are Affected? The biggest “loser” in this story is Pepe Cash, as it is the only currency which is traded on two different exchanges. As Zaif is the only other tracked platform to trade PEPECASH right now, it seems most users will need to get in on the action there. Another outcome is how this token’s value will collapse entirely and no one will give it a second glance in just a few weeks or months from now. All of the other pairs on Tux Exchange should not see too much of an impact. While the likes of Counterparty and Databits may not necessarily be traded everywhere, it is not necessarily something most traders will care too much about either. It is always unfortunate to see an exchange disappear, but with under $50,000 in daily trading volume, it is a matter of time until the towel has to be thrown in. Solid Technicals are Insufficient This news involving Tux Exchange does come as a relatively big surprise, though. It has been often praised as a very solid trading platform with great developers and a smooth overall user experience. Unfortunately, that was never enough to attract a lot of users, which just goes to show how competitive the industry has become. This also serves as a stark warning to other altcoin exchanges trying to make it big. Solid fundamentals are not always sufficient to stay afloat. When expenses vastly surpass the earnings, the life span of projects is very short. It seems unlikely Tux will make a return in the future, albeit one never knows how the regulatory landscape will look in 2021 or beyond. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.   Image(s): Shutterstock.com   https://quantsalus.com/faq/...

    These are very exciting times for the cryptocurrency industry as a whole. While not all of the developments are positive, it is evident the ecosystem is maturing in different ways. The closure of Tux Exchange might be a problem for some, especially the Pepe Cash traders. Another platform failed to meet volume expectations and will now pay the ultimate price for doing so.

    What is Tux Exchange?

    Most people may not even know what Tux Exchange is, primarily because it is not one of the most-talked about trading platforms in the world. Nor will it become such a platform, as it is effectively shutting down in the coming weeks. One of the reasons why Tux is so popular with some users is because it trades PepeCash. This makes it just one of two platforms officially trading this token issued on the Counterparty platform.

    Due to a lack of trading volume, however, it seems users will need to find an alternative Tux also maintained a status of not requiring KYC verification from users, which made it somewhat of an oddball in this industry. After all, the current regulatory requirements around the world make such a business model virtually unsustainable.

    Why is it Shutting Down?

    As one would come to expect when news like this breaks, it seems Tux Exchange has fallen victim to the ongoing regulatory uncertainties in most countries. The company cites “unfavorable conditions” and a “lack of trading volume” as the key reasons for this sudden decision. Users are no longer able to deposit funds, and new signups are no longer possible moving forward.

    Additionally, users need to withdraw coins as quickly as possible, as the platform will shut down on July 6. This leaves just three weeks to obtain one’s funds accordingly, but there shouldn’t be too many problems in that regard. For users of the affected trading pairs, plenty of wallets exist to withdraw funds as quickly as possible. It seems unlikely this turn of events will have any big impact on the markets supported by Tux.

    Which Coins are Affected?

    The biggest “loser” in this story is Pepe Cash, as it is the only currency which is traded on two different exchanges. As Zaif is the only other tracked platform to trade PEPECASH right now, it seems most users will need to get in on the action there. Another outcome is how this token’s value will collapse entirely and no one will give it a second glance in just a few weeks or months from now.

    All of the other pairs on Tux Exchange should not see too much of an impact. While the likes of Counterparty and Databits may not necessarily be traded everywhere, it is not necessarily something most traders will care too much about either. It is always unfortunate to see an exchange disappear, but with under $50,000 in daily trading volume, it is a matter of time until the towel has to be thrown in.

    Solid Technicals are Insufficient

    This news involving Tux Exchange does come as a relatively big surprise, though. It has been often praised as a very solid trading platform with great developers and a smooth overall user experience. Unfortunately, that was never enough to attract a lot of users, which just goes to show how competitive the industry has become.

    This also serves as a stark warning to other altcoin exchanges trying to make it big. Solid fundamentals are not always sufficient to stay afloat. When expenses vastly surpass the earnings, the life span of projects is very short. It seems unlikely Tux will make a return in the future, albeit one never knows how the regulatory landscape will look in 2021 or beyond.


    Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.

     

    Image(s): Shutterstock.com

     

    https://quantsalus.com/faq/


    18.06.2019 | UK ISPs to Begin Blocking Porn Sites on July 15




    In this modern era of internet and technology, a few interesting changes will be introduced in the years to come. The first major change will occur in the UK, albeit it is a very worrisome one. It seems virtually all porn websites will be blocked by domestic internet providers come July 15. It remains to be seen how long it takes until this restriction is circumvented. UK Introduces a Genuine Porn Blockade For a lot of people, the internet and porn are almost synonymous. While it is true that the adult entertainment industry has become a lot bigger since the Internet was introduced, it also creates a few ethical problems and discussions. One such discussion revolves around what should happen if children decide to access explicit content. According to UK lawmakers, the only course of action is restricting access to all porn websites. This new restriction is part of the Digital Economy Act 2017. Two years after approving this bill, the ban on porn will go into effect in less than a month from today. All internet providers have to enforce this ban. Users from the UK will also need to verify their age before being granted access to the adult entertainment platform in question. That age verification procedure is a lot more complex than one may assume. It is not just a matter of filling in a date or selecting it from drop-down boxes. Instead, a dedicated age verification system is introduced known as AgeID. It is a solution developed by Mindgeek, the parent company of – surprisingly – both YouPorn and Pornhub. It is good to see that the company is willing to effectively ensure the new restriction is put in place correctly. To properly ensure users do not cheat, they will need to submit age verification proof. This can be done through a credit card, driver’s license, or passport, among others. It is a very robust system which should ensure that only those who are mature can access pornographic content moving forward. AgeID will never see or store the age verification data submitted by any of the adult entertainment providers. Any pornographic service provider not playing by the rules will be fined for up to $350,000 or even receive a blanket block by domestic ISPs. Any site confirmed to have allowed underage users access their content will receive a similar treatment. While this new verification procedure is quite intriguing, it remains to be seen how well the new rules will be enforced. Systems like these are often exploited and abused sooner or later. With the United Kingdom setting this precedent, one has to wonder if other countries in Europe will introduce similar measures. Privacy advocates are also concerned as to how the surfing behavior of AgeID users will come into play further down the line. For now, there are a lot of questions in that regard, yet very few useful answers. Additionally, one has to wonder if porn websites are genuinely the biggest online threat to minors in the United Kingdom.   Image(s): Shutterstock.com   https://quantsalus.com/news/...

    In this modern era of internet and technology, a few interesting changes will be introduced in the years to come. The first major change will occur in the UK, albeit it is a very worrisome one. It seems virtually all porn websites will be blocked by domestic internet providers come July 15. It remains to be seen how long it takes until this restriction is circumvented.

    UK Introduces a Genuine Porn Blockade

    For a lot of people, the internet and porn are almost synonymous. While it is true that the adult entertainment industry has become a lot bigger since the Internet was introduced, it also creates a few ethical problems and discussions. One such discussion revolves around what should happen if children decide to access explicit content. According to UK lawmakers, the only course of action is restricting access to all porn websites.

    This new restriction is part of the Digital Economy Act 2017. Two years after approving this bill, the ban on porn will go into effect in less than a month from today. All internet providers have to enforce this ban. Users from the UK will also need to verify their age before being granted access to the adult entertainment platform in question.

    That age verification procedure is a lot more complex than one may assume. It is not just a matter of filling in a date or selecting it from drop-down boxes. Instead, a dedicated age verification system is introduced known as AgeID. It is a solution developed by Mindgeek, the parent company of – surprisingly – both YouPorn and Pornhub. It is good to see that the company is willing to effectively ensure the new restriction is put in place correctly.

    To properly ensure users do not cheat, they will need to submit age verification proof. This can be done through a credit card, driver’s license, or passport, among others. It is a very robust system which should ensure that only those who are mature can access pornographic content moving forward. AgeID will never see or store the age verification data submitted by any of the adult entertainment providers.

    Any pornographic service provider not playing by the rules will be fined for up to $350,000 or even receive a blanket block by domestic ISPs. Any site confirmed to have allowed underage users access their content will receive a similar treatment. While this new verification procedure is quite intriguing, it remains to be seen how well the new rules will be enforced. Systems like these are often exploited and abused sooner or later.

    With the United Kingdom setting this precedent, one has to wonder if other countries in Europe will introduce similar measures. Privacy advocates are also concerned as to how the surfing behavior of AgeID users will come into play further down the line. For now, there are a lot of questions in that regard, yet very few useful answers. Additionally, one has to wonder if porn websites are genuinely the biggest online threat to minors in the United Kingdom.

     

    Image(s): Shutterstock.com

     

    https://quantsalus.com/news/


    18.06.2019 | Cheddar to the rescue? UK company uses cheese to power 4,000 homes




    A UK dairy in Yorkshire has signed an agreement with a local biogas plant to supply it with a by-product of cheese-making that would be turned into thermal power to heat homes in the area. The Wensleydale Creamery, which produces the Yorkshire Wensleydale cheese, makes 4,000 tons of cheese every year at its dairy in Hawes in the heart of the Yorkshire Dales. The company has struck a deal with specialist environment fund manager Iona Capital, under which an Iona biogas plant will produce more than 10,000 MWh of energy per year from whey—a by-product of cheese making, Wensleydale Creamery said on Monday. Under the deal, Wensleydale Creamery will provide Iona Capital’s Leeming Biogas plant in North Yorkshire with leftover whey from the process of cheese making. The plant will process and turn the whey into “green gas” via anaerobic digestion that will produce thermal power sufficient to heat 800 homes a year. Iona Capital already has nine such renewable energy plants in Yorkshire, which save the equivalent of 37,300 tons of carbon dioxide (CO2) each year. “Once we have converted the cheese by-product supplied by Wensleydale into sustainable green gas, we can feed what’s left at the end of the process onto neighbouring farmland to improve local topsoil quality. This shows the real impact of the circular economy and the part intelligent investment can play in reducing our CO2 emissions,” Mike Dunn, co-founder of Iona, said in a statement. “The whole process of converting local milk to premium cheese and then deriving environmental and economic benefit from the natural by-products is an essential part of our business plan as a proud rural business. It is only possible as a result of significant and continued investments in our Wensleydale Creamery at Hawes and to sign this agreement and have the opportunity to convert a valuable by-product of cheese making into energy that will power hundreds of homes across the region will be fantastic for everyone involved,” Wensleydale Creamery’s managing director, David Hartley, said.   © pexels.com   https://quantsalus.com/contacts/...

    A UK dairy in Yorkshire has signed an agreement with a local biogas plant to supply it with a by-product of cheese-making that would be turned into thermal power to heat homes in the area.

    The Wensleydale Creamery, which produces the Yorkshire Wensleydale cheese, makes 4,000 tons of cheese every year at its dairy in Hawes in the heart of the Yorkshire Dales.

    The company has struck a deal with specialist environment fund manager Iona Capital, under which an Iona biogas plant will produce more than 10,000 MWh of energy per year from whey—a by-product of cheese making, Wensleydale Creamery said on Monday.

    Under the deal, Wensleydale Creamery will provide Iona Capital’s Leeming Biogas plant in North Yorkshire with leftover whey from the process of cheese making. The plant will process and turn the whey into “green gas” via anaerobic digestion that will produce thermal power sufficient to heat 800 homes a year.

    Iona Capital already has nine such renewable energy plants in Yorkshire, which save the equivalent of 37,300 tons of carbon dioxide (CO2) each year.

    “Once we have converted the cheese by-product supplied by Wensleydale into sustainable green gas, we can feed what’s left at the end of the process onto neighbouring farmland to improve local topsoil quality. This shows the real impact of the circular economy and the part intelligent investment can play in reducing our CO2 emissions,” Mike Dunn, co-founder of Iona, said in a statement.

    “The whole process of converting local milk to premium cheese and then deriving environmental and economic benefit from the natural by-products is an essential part of our business plan as a proud rural business. It is only possible as a result of significant and continued investments in our Wensleydale Creamery at Hawes and to sign this agreement and have the opportunity to convert a valuable by-product of cheese making into energy that will power hundreds of homes across the region will be fantastic for everyone involved,” Wensleydale Creamery’s managing director, David Hartley, said.

     

    © pexels.com

     

    https://quantsalus.com/contacts/


    15.06.2019 | NASA Wants to put Humans on the Moon but Lacks Funding




    While a lot of people would love to see the surface of the Moon up close and personal, that will not happen anytime soon. That is, not unless a lot of money is thrown at this research sooner rather than later. Commercial space travel remains a very intriguing concept, but turning a dream into reality is never easy. Who is Footing the Moon Travel Bill? As most people should know by now, NASA is looking into putting humans on the Moon by 2024. It is a very ambitious goal which might prove a lot more difficult to reach than initially assumed. Not because of technical or ethical concerns, but simply because there isn’t enough money to go around Despite its annual budget, the funding will not be sufficient to make this vision come true. To be more specific, NASA will need up to another $30bn to make the research and development of this project viable. While NASA’s Jim Bridenstine shrugs it off as a “short-term investment”, it is a bit more than that. Such vast sums of money are not handed out out of the goodness of one’s heart. If anyone foots the bill, he, she, or they will want to do so for commercial reasons. For the time being, no one has even attempted to help out NASA in this regard. It seems unlikely the US government will pay the bill on its own, primarily because putting humans on the Moon is something which would benefit the entire world. It is also a crucial stepping stone on the journey to conquering Mars. If no money is found, however, all of those ideas will be delayed by quite a margin and might not even come true in the end. This news also comes at a crucial time. It is a well-known fact how President Trump sees little merit in NASA going tot he Moon again. It has already happened several times, but no one has ever been back since. To this date, no one knows exactly why the trips to the Moon have stopped, although there are some very wild conspiracy theories floating around. A lack of budget to work with seems to be one of the more plausible explanations at this time. It is possible Congress will allow NSASA to benefit from a higher budget in the future. For now, that remains an illusion, as Congress has been looking to cut its budget in the past. Even so, an increased budget would only solve part of the problem, as it can’t cover the entire $30bn needed. A different and more viable strategy will need to be looked into albeit it is anybody’s guess as to what one can expect. Even though the exploration of our Solar System is very important, it seems the typical “Earth problems” will keep that progress in check. Funding such ventures has always been an immense, if not nigh impossible task. This time around is no different by any means, yet the outcome might surprise a lot of people. A clearer picture will hopefully emerge in the months and years to come.     https://quantsalus.com/rules/...

    While a lot of people would love to see the surface of the Moon up close and personal, that will not happen anytime soon. That is, not unless a lot of money is thrown at this research sooner rather than later. Commercial space travel remains a very intriguing concept, but turning a dream into reality is never easy.

    Who is Footing the Moon Travel Bill?

    As most people should know by now, NASA is looking into putting humans on the Moon by 2024. It is a very ambitious goal which might prove a lot more difficult to reach than initially assumed. Not because of technical or ethical concerns, but simply because there isn’t enough money to go around Despite its annual budget, the funding will not be sufficient to make this vision come true.

    To be more specific, NASA will need up to another $30bn to make the research and development of this project viable. While NASA’s Jim Bridenstine shrugs it off as a “short-term investment”, it is a bit more than that. Such vast sums of money are not handed out out of the goodness of one’s heart. If anyone foots the bill, he, she, or they will want to do so for commercial reasons.

    For the time being, no one has even attempted to help out NASA in this regard. It seems unlikely the US government will pay the bill on its own, primarily because putting humans on the Moon is something which would benefit the entire world. It is also a crucial stepping stone on the journey to conquering Mars. If no money is found, however, all of those ideas will be delayed by quite a margin and might not even come true in the end.

    This news also comes at a crucial time. It is a well-known fact how President Trump sees little merit in NASA going tot he Moon again. It has already happened several times, but no one has ever been back since. To this date, no one knows exactly why the trips to the Moon have stopped, although there are some very wild conspiracy theories floating around. A lack of budget to work with seems to be one of the more plausible explanations at this time.

    It is possible Congress will allow NSASA to benefit from a higher budget in the future. For now, that remains an illusion, as Congress has been looking to cut its budget in the past. Even so, an increased budget would only solve part of the problem, as it can’t cover the entire $30bn needed. A different and more viable strategy will need to be looked into albeit it is anybody’s guess as to what one can expect.

    Even though the exploration of our Solar System is very important, it seems the typical “Earth problems” will keep that progress in check. Funding such ventures has always been an immense, if not nigh impossible task. This time around is no different by any means, yet the outcome might surprise a lot of people. A clearer picture will hopefully emerge in the months and years to come.

     

     

    https://quantsalus.com/rules/


    15.06.2019 | Spain rolls out 5G network using Huawei gear despite US blacklisting Chinese tech giant




    Spain became one of the first European countries to roll out a 5G network as Vodafone Spain commercially launched the service in 15 cities, including Madrid and Barcelona, in cooperation with Chinese telecom giant Huawei. The local carrier of the world’s second-largest mobile operator Vodafone became the first to launch the superfast mobile phone network, which promises download speeds of up to one gigabit per second, in the Spanish market on Saturday. Apart from the Spanish capital and the capital of the country’s autonomous region, the services will also be available in Valencia, Malaga, Seville, Zaragoza, San Sebastian, Bilbao, Vitoria, La Coruna, Vigo, Gijon, Pamplona, Santander, and Logrono. The company uses equipment from both Swedish manufacturer Ericsson and Huawei, which has put been put on US’ “entity list,” severely restricting American companies from trading with the Chinese tech firm. Before Spain, only two European countries had commercialized 5G: Switzerland and the UK. However, Washington has already been pushing its allies to drop Huawei technology on the 5G rollout, citing security concerns. Despite US pressure, British lawmakers have not barred Huawei from participating its fifth-generation network to date, but mobile operators EE and Vodafone have already dropped Huawei phones from their 5G launch plans. Meanwhile, telecom company Sunrise announced the first 5G smartphone in Switzerland in partnership with Huawei. Vodafone CEO Nick Read earlier warned that banning Huawei from Europe’s 5G networks would be harmful for operators and consumers, and might delay its rollout by “probably two years.” “It structurally disadvantages Europe. Of course, the US don’t have that problem because they don’t put Huawei equipment in,” Read said. The US crackdown on China’s Huawei came amid a simmering trade row between the world’s two biggest economies. The Trump administration has accused the tech giant of spying for the Chinese government, a claim which the company strongly denies. After the telecom giant was blacklisted by Washington, Beijing threatened to sanction a similar list of companies that harm the interests of Chinese business.   FILE PHOTO: Huawei pavilion during the Mobile World Congressin Barcelona © Reuters / Eric Gaillard   https://quantsalus.com/about/...

    Spain became one of the first European countries to roll out a 5G network as Vodafone Spain commercially launched the service in 15 cities, including Madrid and Barcelona, in cooperation with Chinese telecom giant Huawei.

    The local carrier of the world’s second-largest mobile operator Vodafone became the first to launch the superfast mobile phone network, which promises download speeds of up to one gigabit per second, in the Spanish market on Saturday. Apart from the Spanish capital and the capital of the country’s autonomous region, the services will also be available in Valencia, Malaga, Seville, Zaragoza, San Sebastian, Bilbao, Vitoria, La Coruna, Vigo, Gijon, Pamplona, Santander, and Logrono.

    The company uses equipment from both Swedish manufacturer Ericsson and Huawei, which has put been put on US’ “entity list,” severely restricting American companies from trading with the Chinese tech firm.

    Before Spain, only two European countries had commercialized 5G: Switzerland and the UK. However, Washington has already been pushing its allies to drop Huawei technology on the 5G rollout, citing security concerns. Despite US pressure, British lawmakers have not barred Huawei from participating its fifth-generation network to date, but mobile operators EE and Vodafone have already dropped Huawei phones from their 5G launch plans.

    Meanwhile, telecom company Sunrise announced the first 5G smartphone in Switzerland in partnership with Huawei.

    Vodafone CEO Nick Read earlier warned that banning Huawei from Europe’s 5G networks would be harmful for operators and consumers, and might delay its rollout by “probably two years.”

    “It structurally disadvantages Europe. Of course, the US don’t have that problem because they don’t put Huawei equipment in,” Read said.

    The US crackdown on China’s Huawei came amid a simmering trade row between the world’s two biggest economies. The Trump administration has accused the tech giant of spying for the Chinese government, a claim which the company strongly denies. After the telecom giant was blacklisted by Washington, Beijing threatened to sanction a similar list of companies that harm the interests of Chinese business.

     

    FILE PHOTO: Huawei pavilion during the Mobile World Congressin Barcelona © Reuters / Eric Gaillard

     

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    13.06.2019 | John Reed Stark Blasts Bitcoin and IEOs




    Not every person living on this planet firmly believes cryptocurrencies are here to stay. While that should not come as too big of a surprise, there are still individuals who expect Bitcoin to hit $0 in the near future. John Reed Stark is no fan of Bitcoin, IEOs, or any activity associated with either industry. He recently made some rather interesting remarks which are worth paying attention to. Bitcoin Will hit $0 It is not the first time someone openly claims the value of Bitcoin will hit zero sooner or later. In the case of John Reed Stark, it has been his opinion for quite some time now. While everyone is entitled to their own opinion, the former US Government senior official seemingly expects all cryptocurrencies to drop to zero in the very near future. As is usually the case when such comments are made, there is no real evidence to back up these outrageous claims. While it is evident Stark sees no merit in cryptocurrency, the rest of the world seems to have some rather different opinions regarding this matter. It also seems Stark is a friend of Warren Buffet, another person who would like to all cryptocurrencies burn in righteous fire.  For now, they still have to wait on seeing that happen. Bitcoin Only has Value due to Criminal Activity Anyone involved in Bitcoin and other cryptocurrencies knows all too well Bitcoin is often associated with criminal activity. It is certainly true Bitcoin has become a common payment method on darknet markets, but it does not necessarily facilitate crime on any measurable scale. The vast majority of crime-related payments occur through more traditional means such as bank transfers, money transfers, gift cards, et cetera. According to Stark, most of Bitcoin’s value is directly correlated to its use among criminals. He even goes as far as stating how Bitcoin can help people hire a hitman or fund terrorist-related activities. To date, no Bitcoin payments have been linked to either of those activities, thus it is a bit odd to see such comments. They are often rehashed when it comes to anti-cryptocurrency remarks, yet finding any solid shred of evidence is a different matter altogether. IEO’s are a Get-Rich-Quick Scheme There are a lot of opinions regarding Initial Exchange Offerings, or IEOs. The logical evolution of ICOs have gotten a lot of attention recently, and traders often make good money from buying tokens and selling them several days later. Getting in on the IEO action is a different matter altogether, however, as these token sales usually end very quickly. For Stark, this new business model is a cesspool which should not even exist. More specifically, he claims IEOs are a medium for fraud, insider trading, and general chicanery. Moreover, Stark claims every IEO is a money grab and a get-rich-quick scheme without any long-term plans. A very strong opinion regarding Initial Exchange Offerings, although one that is somewhat shared by a fair few “experts’ these days. Whether or not Stark’s remarks will have any real impact on the cryptocurrency industry as a whole remains unclear. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.   Image(s): Shutterstock.com   https://quantsalus.com/faq/...

    Not every person living on this planet firmly believes cryptocurrencies are here to stay. While that should not come as too big of a surprise, there are still individuals who expect Bitcoin to hit $0 in the near future. John Reed Stark is no fan of Bitcoin, IEOs, or any activity associated with either industry. He recently made some rather interesting remarks which are worth paying attention to.

    Bitcoin Will hit $0

    It is not the first time someone openly claims the value of Bitcoin will hit zero sooner or later. In the case of John Reed Stark, it has been his opinion for quite some time now. While everyone is entitled to their own opinion, the former US Government senior official seemingly expects all cryptocurrencies to drop to zero in the very near future.

    As is usually the case when such comments are made, there is no real evidence to back up these outrageous claims. While it is evident Stark sees no merit in cryptocurrency, the rest of the world seems to have some rather different opinions regarding this matter. It also seems Stark is a friend of Warren Buffet, another person who would like to all cryptocurrencies burn in righteous fire.  For now, they still have to wait on seeing that happen.

    Bitcoin Only has Value due to Criminal Activity

    Anyone involved in Bitcoin and other cryptocurrencies knows all too well Bitcoin is often associated with criminal activity. It is certainly true Bitcoin has become a common payment method on darknet markets, but it does not necessarily facilitate crime on any measurable scale. The vast majority of crime-related payments occur through more traditional means such as bank transfers, money transfers, gift cards, et cetera.

    According to Stark, most of Bitcoin’s value is directly correlated to its use among criminals. He even goes as far as stating how Bitcoin can help people hire a hitman or fund terrorist-related activities. To date, no Bitcoin payments have been linked to either of those activities, thus it is a bit odd to see such comments. They are often rehashed when it comes to anti-cryptocurrency remarks, yet finding any solid shred of evidence is a different matter altogether.

    IEO’s are a Get-Rich-Quick Scheme

    There are a lot of opinions regarding Initial Exchange Offerings, or IEOs. The logical evolution of ICOs have gotten a lot of attention recently, and traders often make good money from buying tokens and selling them several days later. Getting in on the IEO action is a different matter altogether, however, as these token sales usually end very quickly. For Stark, this new business model is a cesspool which should not even exist.

    More specifically, he claims IEOs are a medium for fraud, insider trading, and general chicanery. Moreover, Stark claims every IEO is a money grab and a get-rich-quick scheme without any long-term plans. A very strong opinion regarding Initial Exchange Offerings, although one that is somewhat shared by a fair few “experts’ these days. Whether or not Stark’s remarks will have any real impact on the cryptocurrency industry as a whole remains unclear.

    Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.

     

    Image(s): Shutterstock.com

     

    https://quantsalus.com/faq/


    13.06.2019 | New Report Claims Bitcoin Mining CO2 Emission is on par With a Major US City




    It has been at least a few months since the last condemning report involving Bitcoin mining was published. A new report published in Joule claims the emission of Bitcoin miners is getting out of hand rather quickly. So much even that it allegedly puts out as much CO2 per year as the entire Kansas City area. As is usually the case, these reports need to be taken with a few grains of salt. Another Shot at Bitcoin Mining Over the past few years, numerous reports have indicated how wasteful Bitcoin mining can be. More specifically, this train of thought doesn’t apply to just Bitcoin, but all cryptocurrencies and assets combined. It is certainly true this process requires a lot of electricity, although the total consumption is far below what most people seem to think of these days. Most of the reports to date are based on figures which do not add up in the real world, for the most part. In Joule, a journal, a self-professed “more accurate estimate of the carbon footprint of Bitcoin mining” has been published. All of the figures are calculated very differently from the norm, which is always interesting to keep an eye on. Rather than going by rough numbers, the team effectively used data from IPO filings of companies producing hardware to mine Bitcoin. Whether or not this will make the numbers add up any better, remains to be determined. The result of this survey is rather surprising but in a somewhat positive manner. To be more precise, the current estimate of Bitcoin’s carbon emission is roughly on par with that of Kansas City. A surprising conclusion, as that would indicate the mining of Bitcoin equals 0.5% of the world’s entire electricity usage. A very interesting figure to keep an eye on, primarily because the researchers claim this will increase to 5% in the next few years. Bitcoin mining is still an ongoing process, and more advanced hardware will be needed as time progresses. Given the statistics, the mining of Bitcoin appears to produce 22.5 megatons of carbon dioxide. A very steep number, depending on how one wants to look at things. It is a bit unclear if this is an accurate figure, however, primarily because a lot of Bitcoin mining farms are shifting to renewable energy whenever possible. That should help reduce the overall emission rates of Bitcoin, albeit its impact is rather minimal at this time. There is also the question as to whether or not this research was able to access all of the correct information. While IPO filings submitted by Bitmain, Canaan, and Ebang were included in the research, there are other types of mining hardware in use as well. Moreover, going by the manufacturer’s estimates of energy efficiency is not necessarily entirely reliable. It is evident that determining the emission rate of BTC mining will always be a bit of a guessing game first and foremost. The bigger question is whether or not this paper is something to be worried about. Cryptocurrency mining has received a bad reputation quite some time ago, and there is very little one can do about the situation to change that in a positive manner. Moreover, the research only goes back as far as November of 2018, as a lot of things have changed between then and now. Moreover, it does not account for potential changes in the years and decades to come. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.   Image(s): Shutterstock.com   https://quantsalus.com/contacts/...

    It has been at least a few months since the last condemning report involving Bitcoin mining was published. A new report published in Joule claims the emission of Bitcoin miners is getting out of hand rather quickly. So much even that it allegedly puts out as much CO2 per year as the entire Kansas City area. As is usually the case, these reports need to be taken with a few grains of salt.

    Another Shot at Bitcoin Mining

    Over the past few years, numerous reports have indicated how wasteful Bitcoin mining can be. More specifically, this train of thought doesn’t apply to just Bitcoin, but all cryptocurrencies and assets combined. It is certainly true this process requires a lot of electricity, although the total consumption is far below what most people seem to think of these days. Most of the reports to date are based on figures which do not add up in the real world, for the most part.

    In Joule, a journal, a self-professed “more accurate estimate of the carbon footprint of Bitcoin mining” has been published. All of the figures are calculated very differently from the norm, which is always interesting to keep an eye on. Rather than going by rough numbers, the team effectively used data from IPO filings of companies producing hardware to mine Bitcoin. Whether or not this will make the numbers add up any better, remains to be determined.

    The result of this survey is rather surprising but in a somewhat positive manner. To be more precise, the current estimate of Bitcoin’s carbon emission is roughly on par with that of Kansas City. A surprising conclusion, as that would indicate the mining of Bitcoin equals 0.5% of the world’s entire electricity usage. A very interesting figure to keep an eye on, primarily because the researchers claim this will increase to 5% in the next few years. Bitcoin mining is still an ongoing process, and more advanced hardware will be needed as time progresses.

    Given the statistics, the mining of Bitcoin appears to produce 22.5 megatons of carbon dioxide. A very steep number, depending on how one wants to look at things. It is a bit unclear if this is an accurate figure, however, primarily because a lot of Bitcoin mining farms are shifting to renewable energy whenever possible. That should help reduce the overall emission rates of Bitcoin, albeit its impact is rather minimal at this time.

    There is also the question as to whether or not this research was able to access all of the correct information. While IPO filings submitted by Bitmain, Canaan, and Ebang were included in the research, there are other types of mining hardware in use as well. Moreover, going by the manufacturer’s estimates of energy efficiency is not necessarily entirely reliable. It is evident that determining the emission rate of BTC mining will always be a bit of a guessing game first and foremost.

    The bigger question is whether or not this paper is something to be worried about. Cryptocurrency mining has received a bad reputation quite some time ago, and there is very little one can do about the situation to change that in a positive manner. Moreover, the research only goes back as far as November of 2018, as a lot of things have changed between then and now. Moreover, it does not account for potential changes in the years and decades to come.

    Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.

     

    Image(s): Shutterstock.com

     

    https://quantsalus.com/contacts/


    11.06.2019 | Huawei looks to Russian technology to replace Googles Android on its smartphones




    After Google cut Huawei off its Android operating system, the Chinese telecom giant is seeking alternatives to keep its smartphones working. A viable option has reportedly been found in Russia. Last month, Google and a number of US tech companies were prohibited from dealing with China’s telecommunication major Huawei and other Chinese corporations. The direct order by US President Donald Trump bans American firms from supplying Huawei with spare parts or technology solutions. The step was reportedly implemented amid high security concerns after Washington accused Chinese tech companies of spying on behalf of Beijing. The Chinese corporation is negotiating a replacement for Android with the Aurora operating system, currently being developed by Moscow-based firm Russian Mobile Platform, Russian news outlet the Bell reports, citing an official familiar with the issue. Huawei Chairman Guo Ping reportedly discussed the possible deal with the Russian minister of digital development and communications, Konstantin Noskov, ahead of the St. Petersburg International Economic Forum. “China is already testing devices with the Aurora pre-installed,” the official said. Moreover, the subject was addressed during an official meeting of Russian President Vladimir Putin with Chinese leader Xi Jinping the day before the business event. The two presidents reportedly discussed both an opportunity of installing the Aurora operating system on Huawei smartphones and localization of some of Huawei’s production facilities in Russia. Aurora is a mobile operating system that is being developed on the basis of Sailfish OS, designed by Finnish technology company Jolla. In 2014, Russian entrepreneur Grigory Berezkin became a co-owner of Jolla. Since 2016, the Open Mobile Platform company, associated with the businessman, has been developing a Russian version of the system. Last year, a 75-percent share in the Open Mobile Platform was purchased by Russia’s state telecommunications company, Rostelecom.   © Reuters / Marko Djurica   https://quantsalus.com/faq/  ...

    After Google cut Huawei off its Android operating system, the Chinese telecom giant is seeking alternatives to keep its smartphones working. A viable option has reportedly been found in Russia.

    Last month, Google and a number of US tech companies were prohibited from dealing with China’s telecommunication major Huawei and other Chinese corporations. The direct order by US President Donald Trump bans American firms from supplying Huawei with spare parts or technology solutions. The step was reportedly implemented amid high security concerns after Washington accused Chinese tech companies of spying on behalf of Beijing.

    The Chinese corporation is negotiating a replacement for Android with the Aurora operating system, currently being developed by Moscow-based firm Russian Mobile Platform, Russian news outlet the Bell reports, citing an official familiar with the issue.

    Huawei Chairman Guo Ping reportedly discussed the possible deal with the Russian minister of digital development and communications, Konstantin Noskov, ahead of the St. Petersburg International Economic Forum.

    “China is already testing devices with the Aurora pre-installed,” the official said.

    Moreover, the subject was addressed during an official meeting of Russian President Vladimir Putin with Chinese leader Xi Jinping the day before the business event. The two presidents reportedly discussed both an opportunity of installing the Aurora operating system on Huawei smartphones and localization of some of Huawei’s production facilities in Russia.

    Aurora is a mobile operating system that is being developed on the basis of Sailfish OS, designed by Finnish technology company Jolla. In 2014, Russian entrepreneur Grigory Berezkin became a co-owner of Jolla. Since 2016, the Open Mobile Platform company, associated with the businessman, has been developing a Russian version of the system. Last year, a 75-percent share in the Open Mobile Platform was purchased by Russia’s state telecommunications company, Rostelecom.

     

    © Reuters / Marko Djurica

     

    https://quantsalus.com/faq/

     


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