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Hello friends, welcome to your website.Friends, you know we can edit status from mobile.But you don’t know how to edit them. And for that we go to YouTube and watch videos. But then you think that these videos are not good, you want good videos.Then you start looking for a good youtube channel but you will not find a good one anytime soon. Then today I will tell you a channel that is very old experienced.
Now friends, you will say which is the YouTube channel. So friends, the name of that YouTube channel is SP CREATION So immediately go to YouTube and subscribe to SP CREATION mobile video editing channel.
Bitcoin is one of the most popular types of cryptocurrencies, which are digital mediums of exchange that exist solely online. Bitcoin runs on a decentralized computer network or distributed ledger that tracks transactions in the cryptocurrency. When computers on the network verify and process transactions, new bitcoins are created, or mined.
These networked computers, or miners, process the transaction in exchange for a payment in Bitcoin.
Bitcoin is powered by blockchain, which is the technology that powers many cryptocurrencies. A blockchain is a decentralized ledger of all the transactions across a network. Groups of approved transactions together form a block and are joined to create a chain. Think of it as a long public record that functions almost like a long running receipt. Bitcoin mining is the process of adding a block to the chain.
In addition to being very complicated, mining is certainly not cheap, as it requires expensive equipment, a lot of energy and computer power.
Ishaan and Aanya, for example, have over 97 processors, which their father Raj, a former investment banker, helped fund by taking out a loan.
Raj declined to disclose the exact loan amount. But, the worldwide shortage of computer chips made finding equipment much more difficult and set prices at a premium.
Ishaan and Aanya mostly use Nvidia RTX 3090 graphics cards, Ishaan says, and each card alone can cost around $2,500 to $3,000 to buy.
Though at home, the siblings say they use “100% renewable energy for our mining,” because “we want to be environmentally friendly,” they also rent a data center in Dallas, Texas. In total, for both their home and the data center, the electric bill costs just below $3,000 per month, Ishaan says.
“We moved from my desk to the garage, since the house was getting too much heat and noise. [W]e outgrew the garage, since heat and noise was too much for the garage too,” Ishaan says. “We now use the garage only for building and testing mining rigs. When they are ready, we move them to a professional, air-conditioned data center in downtown Dallas.”
Is it legal in India?
The Supreme Court of India came out with the judgement overturning the ban imposed by the Reserve Bank of India in 2017. The Reserve Bank of India barred entities from dealing with Bitcoin. The decision made by the apex court brought the much required clarity for companies and people that it can buy and sell it easily. But one must note that there are no rules and regulations and guidelines in place for resolving issues pertaining to Bitcoin in India. So risk factor can be a big dampener otherwise its legal to buy and sell Bitcoins in India.
The terms blockchain and DLT are often used interchangeably by those in fi nancial services,
and both terms seem to be used as acceptable nomenclature for this new technology.
Although there is a technical distinction between a blockchain and a DLT, for the purposes
of our discussion, the terms will be used interchangeably, although it seems that the term
blockchain has, in recent months, again become the favoured term by those in fi nancial
services.
Perhaps surprising to some is that the technology underlying blockchain is actually
a collection of technologies that has been used for quite some time. Blockchain is a
decentralised peer-to-peer network that maintains a ledger of transactions (e.g., a transfer
of an asset from one party to another party) that uses cryptographic tools to maintain
the integrity of transactions and the integrity of the ledger itself, and a protocol-wide
consensus mechanism that verifi es the data and determines if, when, and how to update
the ledger. The decentralised network makes this technology distinct from a traditional
centralised database that has one authoritative database maintained by a trusted third party.
For example, central banks around the world serve as that trusted third party for a state’s
banking system; similarly, for a syndicated loan, the administrative agent is the trusted third
party that maintains the register of lenders, administers the loan, and keeps a record of all
loan positions, including related interest and principal payments. Lenders in the syndicate
must reconcile their own records with those of the administrative agent whose entries in the
register are conclusive, absent manifest error. Without a trusted party to maintain a ledger,
Blockchain, smart contracts and the loan market
There is enormous potential for the marriage of blockchain technology and smart contracts
to result in incredible strides forward for the loan market. Although the typical syndicated
loan agreement is a complex instrument that cannot be reduced simply to computer code,
there are aspects of it which do lend themselves to becoming coded and, where a legal
agreement has been standardised for a particular market o
Friends, the video editing we teach on your channel is very simple.You will understand it for sure. And you can download all the material we use in that video for free . For that, you must visit this website from time to time.
And friends some people can’t download the material but they have given a link to a video in the video description. You can watch that video.
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