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Ori Eldarov • Ethereum Tokenomics: Powerful Flywheel or Cycle of Doom?
So in 2013 the industry adopted “all-in sustaining costs” as the preferred measure. As Chuck Jeannes, CEO of Canadian miner Goldcorp admitted in his company’s 2012 annual report, “The traditional measure of cash costs is not a realistic view. To produce an ounce of gold, we not only incur operating costs, but we spend sustaining capital at the site
... See moreJohn Rubino • The Money Bubble
Demand for timber props in underground mining varied with the depth
Vaclav Smil • Making the Modern World: Materials and Dematerialization
ASICs (application-specific integrated circuits), the market had moved to fully dedicated “rigs” fitted with these superfast chips, each designed to do nothing but process hash calculations.
Paul Vigna , Michael J. Casey • The Age of Cryptocurrency
mining pools have already come close to the 50 percent threshold—in June 2014,
Paul Vigna , Michael J. Casey • The Age of Cryptocurrency
Cass and Cheney had their nervous moments, as Dalrymple, like a mini-Rockefeller, expanded into grain elevators, Great Lakes steam transport, and a host of related enterprises. But within just a few years it was clear that the farm operations were a spectacular success. The “Dalrymple farm” had grown to thirty thousand acres by the early 1880s, emp
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
Worlds of Gray and Green: Mineral Extraction as Ecological Practice (Critical Environments: Nature, Science, and Politics Book 11)
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