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  • Microsoft files a new patent to let you mine bitcoin using your brain activity

    04/02/2021 12:11:46 PM PDT · by bitt · 30 replies
    techstartups.com ^ | Nickie Louise
    Today, a new cryptocurrency is released into the digital cryptocurrency economy through a process known as mining. However, crypto mining is a deeply energy-intensive process. “Mining” bitcoin involves solving complex mathematical problems in order to create new bitcoins. Bitcoin miners are later rewarded with a fraction of Bitcoin for every problem they solved. According to the Cambridge Bitcoin Electricity Consumption Index, bitcoin mining in 2020 consumes 120 gigawatts (GW) per second. This converts to about 63 terawatt-hours (TWh) per year and thus increases the annual CO2 emissions, which leads to global warming. The CBECI further notes that the amount of...
  • NYS lawmakers, Cuomo negotiating $2.1B fund for illegal immigrants, ex-cons

    04/02/2021 11:44:15 AM PDT · by bitt · 23 replies
    nypost ^ | 4/1/2021 | Bernadette Hogan, Carl Campanile and Tamar Lapin
    New York state lawmakers on Thursday were negotiating a $2.1 billion fund that would give unemployment benefits to illegal immigrants and former inmates — possibly providing some recipients with around $28,000. Legislators and Gov. Andrew Cuomo’s office were hashing out details of the “Excluded Worker Fund,” which would be part of the now-overdue 2021-22 state budget, sources told The Post. The proposal, introduced in the Senate and Assembly two weeks ago, aims to help residents who are otherwise ineligible for federal aid, such as people living in the country illegally or those recently sprung from jail. Advocates — who are...