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Telefónica Becomes First Large Company To Explore Four Day Work Week

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In the negotiation of the extension of the agreement, the second agreement of related companies (CEV), Telefónica has accepted the proposal for the introduction of the four-day work week. But it will be limited and will mean a salary cut, although the company will compensate the loss of the eight hours a week without working from the payroll with a 20% plus.

Telefónica will be the first large company in Spain to explore the four-day work week. The company will start with a three-month pilot test that will start from October this year.

The agreement reached with the unions in the framework of the negotiation of the II CEV is part of the company’s proposal for the proposed measures to improve the workforce balance. Unlike the four-day working day that the Government has been evaluating , that of Telefónica will mean a reduction in the gross salary of the job.

According to CCOO and UGT, Telefónica’s final proposal includes a formula to incentivize a “flexible bonus week” with a bonus, which will represent 20% of the fixed remuneration items . Telefónica sources have declined to comment on this measure and indicate that the negotiation is not yet closed. The agreement to extend the collective agreement is expected to be signed next week and will affect a total of 18,500 workers, who are part of Telefónica España.

From the beginning the unions have put the 4-day workweek on the table. The model accepted by the company will mean a four-day working day from Monday to Thursday .

The unions have explained in the statement that “once the pilot moment has passed and therefore is consolidated, the flexible week has been conceived according to the basic criteria of voluntariness, reversibility and universality, except in specific cases that have to do with the organization. and provision of the activity, in which case they will be analyzed “. Applications for the flexible week will be limited to 10% of the total basic address.

Once the pilot program is finished, the fringes on this type of employment will be outlined. After this test, the company will assess the acceptance by the workforce and the possible problems that may arise in order to define the scope and internal processes to follow, union sources explain.

Improvement in teleworking conditions
Telefónica’s final offer to renew the agreement also improves teleworking conditions. The agreement ensures as a right of Telefónica workers to be able to access telework, “as long as their task allows it” a minimum of 2 days a week , exceeding the day of the previous agreement, which may be increased by 3 or 4, being able to reach a full week in fortnightly periods, when the activity allows it and there are organizational possibilities. The measure has the potential to benefit 10,000 Telefónica employees , according to the unions.

In addition, the agreement specifies material to exercise telework with the provision of a computer, Smart PC or similar, as well as helmets, a corporate mobile line with unlimited data, the maintenance in the current terms of the exclusive discounts for employees and employees regarding fixed connectivity, the inclusion of the ergonomic chair. It also adds the recognition of the second home for the development of teleworking.

The company has improved the proposal for the salary improvement from 0.9% to 1.5% of the salary bill , including the salary guarantee clause referring to the evolution of the CPI.

How To Watch US Netflix from Outside the US with A VPN Service

Netflix is one of the very mainstream and most popular online streaming services available in many countries today. Not just because there is a ton of content, but they release new movies and series of all kinds of genres.

 People of every age enjoy these shows and films. Generally, all of these movies and tv shows originate from the US that carries a vast catalogue of regional content.

Unfortunately, the provider in one’s country blocks most of the content, which leaves the users outside the USA often wondering how to watch a particular show they would like to watch or a show that is so amazed on the internet whilst sitting wherever they are. 

On that note, you should additionally know that, first, Netflix does not manifest the same content in several regions of the world because of outmoded copyright authorities.

The next problem is that there are areas here on earth where Netflix is banned outright.

Now, that’s where a VPN comes in handy, opening up this wide world of content.

There are lists of best VPNs by country that you can look up online that you could use for secure streaming. The best VPN will permit you to fool your IP address so that Netflix and other streaming settings will think you’re in the US, even if you’re connecting from abroad to the US.

Not every VPN can do this accurately, though, and other factors like speed and stability also come into play. This article will look at watching US Netflix with a VPN and the best to use.

Download and Connect Your VPN

Getting commenced with a VPN is easier now than ever before. Free VPN options are abundant, although they don’t usually work that well for streaming.

Mostly, they have stringent data limits, fewer servers – which indicates slower connections – and frequently fail to get through Netflix’s geo-blocks.

The best providers now, however, are stable and relatively cheap – well worth the expense. Not only will you perceive a more stable and faster connection, but you can count on better safety, a more comprehensive range of server places, and support for every device in your home.

How to watch Netflix with a VPN

  1. Sign up with your VPN provider. 
  • Download and introduce the software.
  • Join a server in the US or any country’s Netflix you’d like to watch. Most providers will give some evidences of which servers are the fastest or have the most infrequent users connected. Manage this to make sure you get a stable internet connection.
  • Go to Netflix, and you will see an updated program with new titles. If you do not see it, try clearing your browser’s cookies and cache or go incognito and change to a different server, then try again to connect.

Having many servers worldwide differentiates an okay VPN from a better one. This will allow you to watch Netflix in a more significant number of nations and also helps keep flowing speeds blazing fast.

ExpressVPN is the best VPN available. Not only does it offer a vast number of servers in more than 90 countries, but it also boasts lightning-quick connection speeds, top-notch security, and split tunnelling, so you may watch the US Netflix while scanning the web through your usual connection.

VPN is available on:

  • PC
  • macOS
  • iOS
  • Android
  • Linux
  • Routers
  • Fire TV

Netflix works hard to outlaw VPN IP locations.

When you connect using one of these forbidden IP addresses, Netflix will know you’re using a VPN.

Netflix works arduous to ban VPN providers from granting users access to region-restricted content because of sharing rights agreements. Netflix has the freedom to stream content they don’t own the copyrights for only in agreed-upon locations.

The United States has the most extensive Netflix library, boasting 5,879 titles in its inventory. This works out at 4,035 films and 1,844 TV series. Canada, meantime, has more movies, with 4,043 films in its library.

An Excellent and Tremendous Server That You Can Connect on All of Your Devices Easily

ExpressVPN is also installed on a wide range of devices, so whether you watch Netflix on your PlayStation or Xbox, Smart TV, computer, phone or tablet. You will have no trouble locating the latest US releases. ExpressVPN can even be fixed directly on your router, making it even easier to watch US Netflix on all your gadgets.

Multiply Your Wealth on Fast-Track by Crypto Trading with Quantumai App

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The rise of digital technologies has set the background for digital asset trading like cryptocurrencies in recent times and has started a major shift in the financial market.

Things are fast moving towards virtual currency-based automated trading from judgement-based manual trading that has been going on for ages. Simply put, the crypto market has made financial trading more autonomous with the help of sophisticated technologies.

Innovative and futuristic computer technologies have brought about more revolutions in the form of automatic trading software for hassle-free crypto trading. One such software is Quantumai.

An app like Quantumai has simplified crypto trading through accurate market predictions and generates huge profits for investors. Even inexperienced users can use this app to start trading cryptocurrencies with its autonomous feature.

How Quantumai Works

The Quantumai software has an automatic trading feature that makes profits on behalf of users. The software is built around smart AI algorithms that scan the financial markets to identify the most lucrative trading scopes for investors. The integration of powerful AI technology makes the software works faster and provides trading signals to users within a few seconds with more than 90 percent accuracy.

The software detects possible price swings in cryptocurrencies and lets users know which cryptos are likely to take off and which ones might go down. Based on that, users can trade and earn huge profits ahead of others.

The underlying trading structure of this software is based on CFDs or contracts for difference. The software will enable you to trade on various cryptocurrencies by carrying out precise and data-driven market analysis. The highly advanced algorithms of this software gather and analyse huge volumes of data in seconds.

The Quantumai software was the brainchild of a bunch of expert developers, quants, and leading brokers, who designed it to simplify crypto trading for average users without the complex elements of the crypto market. The app is easy to use even for novice traders without worrying about their lack of trading knowledge.

How Quantumai App Helps Users to Make Large Profits?

The Quantumai software provides two types of trading modes, automatic and manual. If you are just starting up with crypto trading, you should try the automated trading mode to lower your risk of losses. More experienced investors can do manual trading based on their knowledge and price predictions.  

When you choose the automated mode, the robot does the market research, identifies potential price swings of cryptos, and automatically trades to take the early advantage of making large profits ahead of others.

The software provides an option of setting automatic withdrawals, through which your income will be automatically credited to your account. Once you turn on the auto-trading feature, you can complete your other daily chores, while the app will keep generating income for you.

The Trading Process through Quantumai

You can sign up on the Quantumai platform and trade securely to generate consistent earnings. Any average trader can earn significant amounts of money using this software without any prior trading experience.

It is particularly easy to trade using the Quantumai app due to its simple interface and easy navigation. You only need to register to create an account by filling out a form with your Name, Email ID, Phone, and Country. Then you need to deposit €250/£250 as a minimum capital investment. After that, an account manager will contact you for the verification process, and set up your account. Now, you can start live trading through your Quantumai account.

Remember that despite the high potential of making huge profits on this platform, there are risks since the crypto market is quite volatile. However, you need not worry because the app’s smart algorithm identifies any early signs of crypto price swings, and will provide trading signals for profitable opportunities. This way, the software minimises your risk significantly.  

Build Your Wealth Using the Power of Quantumai

The Quantumai trading software brings in excellent opportunities for users to trade cryptocurrencies, generate substantial income and build their wealth. Existing traders have already experienced huge growth on their investments and shared their stories on different online platforms.

The Quantumai software works relentlessly like an efficient money-making process and keeps adding to wealth as long as you are interested in trading. You can achieve incredible trading milestones with the help of this sophisticated trading bot. The automatic feature and reliability of this app can help you generate income like never before. No matter which country you are from, you can sign up and use this app after making a minimum deposit. So, crypto trading can’t be simpler than this!

Hexo Corp Plans for Recreational Cannabis

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As the Hexo Corp industry continues to advance, more and more companies are moving to get their stocks listed on major US stock exchanges, such as the NYSE or NASDAQ.

Canadian medical marijuana producer Aphria Inc debuted on the NYSE on November 2, 2018. Prior to that, the company’s stock was sold over-the-counter in the US and on the Toronto Stock Exchange. Reaching the NYSE lists is a big step for Aphria, thus opening up to a larger pool of investors.

Aphria thus joins a relatively small club of public (NYSE: HEXO) companies. Given the federal incertidubre that continues to surround Hexo Corp plans in the United States and in most of the world, few companies cannabis choose the path of being listed publicly in order to raise funds and even fewer are actions pure-play (pure and exclusively marijuana).

Public Hexo Corp Companies and Other Ways to Raise Capital
Cannabis companies can typically raise funds from venture capital firms , or they can list their stocks.

Listing a stock allows you to raise funds from a larger number of investors. At the same time, a share that is bought and sold publicly can be volatile, and even more so in an emerging sector such as the Hexo Corp business.

While being listed on major stock exchanges like the NYSE and NASDAQ requires adherence to strict transparency and accountability rules, it also gives investors a signal that the company is serious.

Related Content: How to Invest in Marijuana Stocks in the United States and Canada

Our team compiled a list of (NYSE: HEXO) companies that appear on the NYSE and NASDAQ, including a description of the company’s performance in this sector. In the first part of the list, we focus on pure-play stocks , that is, companies whose main business is (NYSE: HEXO).

New Bizum Restrictions Begin Today With These Limitations

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New Bizum Restrictions Begin Today With These Limitations . It seems that lately, on the 15th of each month, important changes arrive to the apps we use the most. If in May WhatsApp was the application that filled pages in the press due to its new conditions of use , today it is the turn of another of the most used in our country: Bizum.

Paypal, Twyp, Bizum, WhatsApp or Verse allow you to pay without the need for cash.

Complete guide to using Bizum: how to settle accounts between friends?
The instant account-to-account payment service via mobile gave the news at the end of April that, as of June 15, it would limit some of its uses, specifically the number of bizums that a user can receive per month .

As confirmed by the company itself to 20BITS , from today the number of monthly payments by Bizum that you can receive is reduced to 60, compared to the 150 that were allowed until now , that is, the change reduces the figure to less than half.

The measure affects only payments between people – individuals, not companies – and the company, which by 2021 has set the goal of reaching 20 million users and having 18,000 online businesses that accept Bizum, does not believe it will have a direct impact on those who use the service.

Why does Bizum reduce the number of payments we can receive per month to 60?
When we asked Fernando Rodríguez, Bizum’s Business Development Director, the reason for this change explained to us that one of the main reasons why this decision has been made is the lack of use : “After more than four years of service, we adjust the operation to the reality of the most common use among bizumers, of which only 0.07% receive more than 60 bizums per month ”, he stated.

Bizum recipients receive an average of 4.3 trades per month
Not only is it that very few exceed the new limit imposed, it is also that most do not even reach a tenth of it: the recipients of bizums receive an average of 4.3 operations per month , “very far of the limit of the 60 that we have fixed ”, emphasized Rodríguez.

Bizum reduces the payments you can receive from 150 to 60 per month. They ensure that only 0.07% of their users perform more than 60 and for safety.

Which banks have Bizum and does it have commissions? How are transactions justified?
Thus, the change that becomes effective today has the purpose of “continuing to adjust the use of the service to the reality of the users, always aiming to guarantee security”, pointed out the Director of Business Development at Bizum. We are talking about a service offered by financial institutions through banking apps and, therefore, ” security is one of the fundamental attributes on which it relies “.

But what does the company intend to fight against? “By reducing the limit of operations received, it is more difficult to use Bizum to receive funds improperly,” stated Rodríguez. This could be a fancy way of saying that with these new conditions you want to deal with payments in the black .

It is important to note that this measure affects only the reception of operations, that is, any user can continue to send as many bizums as they want per month . The rest of the conditions also remain as before: the amount allowed for each operation is between 0.5 euros and 1,000 euros, you cannot receive more than 2,000 euros per day and, at most, 30 recipients can be included in each Shipping.

However, entities can add extra limits, so if in doubt you should check with your bank.

Bizum
All the answers about Bizum: how does it work? How long does it take for the money to arrive? Who can use it?
Currently, more than twenty banking entities include this option among their services and it has almost tripled its users in just two years, going from 6 million in 2019 to 15 million in the last balance in 2021.

The secret is its simplicity, since it is a very easy to use and very comfortable service. You only need your phone number and that your bank offers the service , which in Spain is the most likely.

Competition Initiates A File To Santander And Caixabank For ICO Lines

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Competition initiates a file to Santander, Sabadell and CaixaBank for the ICO lines. Investigate the requirement to contract other products to obtain the credits.

The National Markets and Competition Commission ( CNMC ) has initiated a disciplinary proceedings against Sabadell , Santander and CaixaBank (including Bankia) for possible restrictive practices in the sale of ICO guarantee lines promoted by the Government for aid to SMEs and the self-employed.

Specifically, the CNMC indicates that it is investigating the link to different products that these banks would have required as a condition for clients to be able to access said financing. It also analyzes the use of credits as a mechanism to restructure existing financial debts.

Both practices were prohibited by the regulation set by the Government and, in the first weeks, it generated some controversy , since SMEs and the self-employed denounced the requirement by some entities to hire insurance or other products to get loans, which counts with a state guarantee of up to 80%.

The behaviors analyzed originate from certain information that the CNMC received through a mailbox set up for this purpose . The Commission activated this channel during the state of alarm last year for companies and citizens to inform the institution of possible anti-competitive practices that were taking place in relation to aid against Covid.

After the analysis carried out, the CNMC considers that the actions of the investigated banks would deviate from the good faith required in their relationships with customers . Consequently, their practices could have altered the economic behavior of consumers who came to these entities to subscribe for ICO credits. According to the CNMC, it could represent a distortion of free competition and would have affected the public interest.

From now on, a maximum period of 18 months is opened for the investigation of the file and for its resolution, without the initiation of this file prejudging the final result of the investigation.

6 Things You Must Buy if You’re an Outdoor Person

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Being an outdoor person has lots of benefits. Outdoor activities promote better physical and emotional health. If you indulge in outdoor activities frequently, I’m sure you can relate to it. 

In this article today, we’re going to talk about outdoor essentials that you need to have if you like outdoor activities. Yes, the things mentioned below can significantly improve your outdoor experiences. 

Alright. Let’s not waste any more time and check out the details: 

A Waterproof Tent 

Camping is one of my favorite outdoor activities. It provides you with amazing opportunities to explore the hidden parts of the world. It also teaches you a lot about wildlife, which is great information. 

If you like camping as well, one thing you need to have is a waterproof tent. The weather in the countryside remains unpredictable, especially if it’s a coastal area. You never know when it rains, so it’s always safe to be prepared for it beforehand. 

Waterproof camping tents are readily available these days in all supermarkets. They come in different sizes and colors, so you can choose one as per your likings. 

A Ruger Handgun 

If you’re an outdoor person, there’s no way you haven’t tried hunting or don’t plan to try it out. Hunting is indeed one incredible outdoor activity. It’s practiced all over the world by various aristocrats, sovereigns, and world leaders. 

Speaking of hunting, having a handgun is essential. One of the best handguns you can buy is the Ruger handgun. It’s amazing in quality and comes with an adorable price tag. In case you’re concerned about the accuracy, there’s a solution for that as well. 

To maintain good accuracy, you can buy a rifle scope separately. 10/22 scope for Ruger is an excellent choice. It’s budget-friendly; hence, it won’t mess up your budget.

A BBQ Grill 

It goes without saying that food is one of the great pleasures of life. Having fun on an empty stomach is pretty hard whether you’re camping, hunting, or simply sitting with family or friends somewhere outdoors.

For this, you must invest in a barbecue grill. You can then host an outdoor barbecue dinner for your family and friends. It will provide you with the best opportunities to bond with your loved ones. Oh, and you guys can enjoy some delicious food together. 

Here’s everything you’ll need: a portable barbecue grill and a few ingredients like vegetables, meat, sauces, and more. Don’t forget to decorate the seating area and music is another thing you must not miss. You know, ambiance matters!

Sleeping Bags 

Outdoor activities like hunting, camping, or stargazing will require you to spend a night out. How can you even think about sleeping in the open air without sleeping bags? Of course, you cannot carry mattresses everywhere, so a sleeping bag is what you need. 

Whether you’re out there with your friends or family, each one of you must carry a separate sleeping bag. I’m sure you wouldn’t want to wake up in the morning with lots of bug bites and an aching body, or do you? 

Adding to it, you must ensure that the sleeping bags are comfortable. Purchase one that’s made using breathable material like cotton or yarn or else it will suffocate you and ruin your resting time.

A Camcorder 

Outdoor activities such as camping, road trips, and stargazing are all about making memories. Thus, a camcorder or a video camera is crucial to have. You must capture all your adventurous moments in life so that you can relive them once in a while or whenever you feel low. 

Well, that’s something I do. I always capture different moments wherever I go. It has become a train of happy memories now. Whenever I need a fresh perspective on life or some motivation to continue with the daily routine, I go through all such pictures and videos. 

It does not just make me happy but it also reminds me that there’s more to life than work stress and house chores. It also motivates me to work hard, like they say work hard, party harder.

Water-Resistant Apparels

Many people, especially women, disapprove of the idea of going outdoors because of the fear of their designer clothes getting spoiled. Well, it’s fair, especially when you have spent a fortune on clothes, shoes, and bags. 

If you happen to be an outdoor person, you need to buy separate clothes for all your adventures. I’d suggest you go for water-resistant clothes and shoes. As I mentioned earlier, the weather in the woods or the countryside is unpredictable; therefore, it’s wise to be prepared for the worst. 

Waterproof outfits and shoes are commonly available these days. To be on the safer side, you should go for camouflage outfits. They can be used for your hunting trips as well, so they surely serve a dual purpose.

Other than the things mentioned above, there are several miscellaneous items that you need to have. A flashlight, a headlamp, a first aid box, a travel grooming kit, and a portable battery charger are a few examples. Such things can significantly contribute to your comfort, wherever you plan to go. 

The Final Word… 

Winding it up, I want you to know that outdoor activities are not only meant for adrenaline junkies, they’re great for everyone. Things as little as an outdoor brunch can leave a positive impact on your physical and mental wellbeing. 

If you’re still confused about it, go camping for a night and you’ll know what you’re missing out on. Rest assured, the things mentioned above will make your outdoor experiences significantly better. I wish you all the best. Have a wonderful day, my friends!

4 Best Practices for Virtual Shareholder Meetings

Virtual shareholder meetings were one of the biggest trends during the coronavirus pandemic, but anecdotal evidence shows they could be here to stay.

According to Gartner, a global research and advisory firm, the world’s top leaders are rethinking how their employees work after reopening from the pandemic. Nearly half of these professionals (47%) said they’ll allow their employees to work from home permanently.

This poll reflects the growing corporate vacancy rates in North America. More offices are sitting empty than ever before, as Moody’s Analytics reports a record-breaking 19.4% vacancy rate across the board.

Large and small organizations are shuttering to save on overheads as their workforce works remotely, and they’re quickly adopting architecture that allows them to provide their services digitally.

Distance from the corporate workspace will continue your need for virtual meetings. But now a year into the trend, attendees expect a smoother, engaging experience.

To make sure you exceed these expectations, keep scrolling. Here are four best practices for shareholder meetings favored by investor relation professionals.

1. Share Clear Instructions

Stakeholders don’t want to wade through clunky, jargon-riddled communications before they arrive at your meeting. This dense language overly complicates your message and can leave your investors confused about how they can participate.

A major role of investor relations is learning how to optimize your investor relations strategy in a transparent, easy-to-understand way. You can do this by using plain English when sharing any proxy disclosures or instructions about submitting questions.

2. Run Through Rehearsals

Just like in-person events, any delays on your end during a virtual meeting will reflect poorly on your brand. To prevent these disruptions, make sure you provide adequate training for your team and give them time to familiarize themselves with your chosen platform.

If you’re working with an investor relations professional, this is the perfect opportunity to ask for their insight on any IR tools and services you’re using during the meeting.

4. Have IT Support On-Hand

Technical difficulties aren’t always your fault. Investors could face glitches and other problems on their own. However, you’ll want to provide adequate support for any attendees struggling to sign on or participate. You can streamline their experience by providing early access to your platform, so they’re comfortable navigating it on the big day.

You may also consider providing a live operator on the day of the meeting in case your attendees run into problems they can’t solve independently. This is a huge boon to any attendee who isn’t particularly tech-savvy.

5. Streamline Participation

A successful virtual event makes it easy for attendees to engage with your speakers and content. Before you go live, make sure your meeting platform streamlines any voting or Q&A portion of your live event.

You’ll want to make sure these actions are accessible and intuitive for most attendees, so keep things simple. Rather than have them open a new window or tab to participate, make these functions available on the main screen.

Simplicity is at the heart of most of these best practices. Do whatever it takes to streamline the experience for you, your team, and your shareholders.

Bottom Line

By all indications, virtual meetings won’t disappear once the economy fully reopens. If you’ve integrated them into your normal operations, follow these best practices from here on in. They’ll help you deliver the best virtual experience for your shareholders — pandemic or not.

How Bitcoin works? Is it a Balloon?

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Bitcoin is a digital asset that operates on software and has a set of principles and protocols. Bitcoin is the most successful attempt at creating virtual currency through cryptography, a science used in making or breaking codes. After its success, it inspired the formation of Alternative cryptocurrencies known as Altcoins.

The Blockchain

Bitcoin was formulated by a person or group of persons called Satoshi Nakamoto, and its protocol is run on a blockchain. Bitcoin is run on a chain of database blocks arranged chronologically. A user’s gender, ethnicity, nationality, religion, and political standings do not matter when trading in cryptocurrency.

After satoshi formulated a bitcoin blockchain, the developers’ work was done: due to its decentralized nature, the users get about building their wealth, and every transaction is made public.

1. Post-trust

Bitcoin has no physical location, so users cannot protect it by installing physical security measures. Criminals can steal crypto wealth through hacking block platforms. Double spending is another security risk associated with crypto coins due to technological tampering.

Developers and miners can contain these occurrences, trust is required, and this was achieved by a public display that allows all the users to keep an eye on everyone else’s coins in the market. The first step in how bitcoin works are creating trust between the developers and the users and later on amongst users as a community.

2. The Mining Process

Mining is the process that maintains this trustless ledger. Miners are bitcoin users who trade crypto amongst each other as they keep those records public. Mining has been designed to be difficult and time-consuming; this was to curb fraudsters and protect the validity of the bitcoins and earn them a respectable place in the market. Mining with an accompaniment of proof of work has legitimized the bitcoin trade.

3. Halving

Miners are rewarded with bitcoin after verifying blocks of transactions. The blocks are split into halves for every 210,000 blocks mined, and this is referred to as halving. Developers will add more bitcoin to the system after all the coins have been mined, and this is estimated to be around 2140.

4. Hashes

This involves miners’ worldwide receiving transactional data, and they have to run it through cryptographic algorithms to generate a hash. The hash technology allows the bitcoin platform to check on the validity of a block in real-time. The hash blocks are added to the existing strings of blocks that allow real-time confirmation of transactions. Since this process is not as complex as mining, bad actors can still swamp the network with wrong information. That is why bitcoin operates on a proof of work basis. 

Blocks mined are put up on the network to be confirmed, and this takes some time. Blocks are not hashed in their entirety; instead, they are broken up into efficient structures.

5. Confirmation Time

To confirm any block, it depends on the type of traffic the network is currently experiencing. The bitcoin protocol required longer or shorter strings of zeroes to hit a new block every 10 minutes. At the beginning of 2008, the difficulty was at 1, and by October 2019, it was 6.379 trillion, which means it is becoming harder to mine bitcoin.

6. Difficulty

Mining is an intense activity that is time-consuming and uses up loads of electricity, and it is highly competitive. At the early stages, miners increased their chances by combining mining pools, sharing computing power, and dividing the rewards amongst themselves. Currently, coins are halved into three hence making it more difficult to mine bitcoin. 

7. Bitcoin transactions

Outside of the mining process, bitcoin miners then purchase their cryptocurrency through Bitcoin exchange, an online platform that facilitates transactions of Altcoins and bitcoins. Bitcoin platforms such as the Bitcoin Compass website then bring together traders from all parts of the world to trade, buy and sell their cryptocurrency. This market is, however, very volatile, and the prices keep fluctuating.

8. Keys and Wallets

To protect all investments made, bitcoin users move to store their goods in digital wallets with private keys that are used to access them. It comes down to a public key and a private key. The public key is the address displayed on the blockchain because a sender needs to know where to send the traded coins. For a user to send money, the system requires verification, and that’s where the private keys come at.

To access your bitcoin, you use your wallet, which is a set of keys. The wallets can take different forms like hot wallets- those directly pegged to online services and are vulnerable to hacks; cold wallets are not connected to the internet.

Is bitcoin a balloon? NO. Balloons in finance are lump-sum amounts of money paid at the end of a trading term, especially loans, and they are at least twice as large as the regularly scheduled payments. Bitcoin is not a ballooned currency as the interest rates on borrowed crypto are low, and the loans are paid back just once after a trade. The mining process is profitable and brings high returns. 

Trump Spent USD 28 Million For Every Kilometer Of Wall With Mexico

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The White House announced on Friday that the Pentagon recovered about $ 2.2 billion that former US President Donald Trump diverted to build the wall on the border with Mexico, and asked Congress not to force him to spend 1.4 billion more on the border barrier.

The former president managed to build 52 miles of wall, at an average cost of 46 million dollars per mile . Or what is the same, 25.8 million for each of the 83 kilometers that he managed to build.

In a statement, the White House explained that the Pentagon will dedicate the 2,200 million that the Trump administration diverted to the items to which those funds were originally intended : a total of 66 projects in 11 US states, three territories. and 16 countries.

Of that amount, almost 1,300 million will be dedicated to projects abroad, including some 90 million dollars in facilities of the US Navy in Spain, where the United States has a naval base in Rota (Cádiz) , and more than 33 million in the Guantanamo naval base (Cuba), according to the Pentagon.

Although the administration of President Joe Biden may recover some of the funds diverted by Trump, there are another $ 1.4 billion that the US Congress approved specifically for the border wall for this fiscal year.

The Department of Homeland Security is required by law to use these funds for the purpose designated by Congress, so the White House asked the legislature to “cancel” that item , in order to spend that money on other types of border security measures. , more “modern and efficient” than the wall.

Biden takes the US back to the Paris Agreement and stops the construction of the wall with Mexico
Biden takes the US back to the Paris Agreement and stops the construction of the wall with Mexico

During his four years in power, Trump raised $ 15 billion to replace the border fence and erect new stretches of wall along 727 kilometers (452 miles) of the border, covering more than a quarter of the border. the 3,145 kilometers (1,954 miles) that separate the country from Mexico.

Of those $ 15 billion, about $ 5 billion were approved by Congress specifically for Trump’s flagship project, and another $ 10 billion was diverted from anti-drug and other projects.

Upon leaving power, he had about $ 3.6 billion to spend on the wall, which includes the 2,200 recovered this Friday and the 1,400 tied by Congress to the border project .

On his first day in power, on January 20, Biden signed a decree that ordered an end to the national emergency decreed by Trump to divert funds towards the construction of the wall, and stop works on it.

The Department of Homeland Security announced this Friday, in addition, that after reviewing what to do with a grant that Congress had granted to build the wall, it decided to use those funds to “address urgent environmental and security issues” that resulted from the construction of the barrier in California and the Rio Grande Valley (Texas).

“This is a victory for border communities, for immigrant communities and for our environment. Once again, they will be able to prosper without the threat of a border wall ,” the director of legislation and community policy of the organization Earthjustice, Raúl García.

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