In a recent press release, Mont Royal noted that with new groundwork intelligence, the exploration program is set to begin with 8 target areas that show significant promise for lithium exploration. A comprehensive analysis of the Wapatik property has identified approximately 30 distinct targets. These targets are believed to correspond to outcropping pegmatites. Notably, several…
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BTC's mining rate saw a substantial drop of over 50% back in July 2021 following China’s ban on the mining of digital assets in the region. The mining rate was almost 80 EH/s during the first week of July. Since then, the crypto miners have relocated to North America and Europe which lead to a…
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The need to plan the affairs of state for China has always been a challenge. Feeding nearly 1.4 billion people and coordinating the world’s largest manufacturing industrial complex, when scant resources are available domestically, requires a long-range plan. One agency, the National Development and Reform Commission (NDRC), is one of 26 cabinet departments that is…
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We sometimes forget that miners play a critical role in the Crypto-verse and that the vagaries of their business model are very similar to that for miners in the oil industry. When the market for your selected commodity goes south, you can shut down your rig or build inventory for sale at a later date,…
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When the old USSR collapsed decades ago, a vast number of manufacturing plants in Siberia that had supported the Cold War military industrial complex were forced to shut down. The infrastructure, however, is still in place, waiting for some kind of plan for re-birth, but more importantly, the old hydroelectric power plants that had delivered…
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Crypto advocates in India were given a sliver of hope that a crypto ban instituted by the Reserve Bank of India (RBI) and contained in a draft proposal from an inter-ministerial committee dominated by the RBI may be ruled unconstitutional. The RBI had jumped the gun in mid-2018 by prohibiting its banking members from having…
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Crypto analysts of late have been pumping out grandiose predictions for how high Bitcoin could go in the near term, but the overwhelming majority of these claims are based on technical charts alone, with an occasional reference to significant events that are also transpiring in the crypto marketplace. The latest consensus is that $6,000 will…
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The topic of crypto mining and its high ecological costs have been on experts' and investors' minds forever. The problem is that mining of cryptocurrencies often involves high electricity costs and even loss of valuable data. How does the mining exactly work? Each miner has to solve a mathematical problem (this happens in the matter…
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WinMiner has announced the official launch of its platform with over 160,000 registered users, returning mining to the decentralized ethos blockchain was founded on. WinMiner is the mining optimization platform that provides a one-click solution and easy to understand dashboard. With WinMiner, the complicated world of cryptocurrency mining is opened up to the masses. This…
Read moreIn just half an hour, a Cowboyminers Bitcoin mine in Thailand burned to the ground, causing a vast decline in hashrate, and affecting the entire international virtual currency network.
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