Andrew Yang’s Plan to Regulate ‘Big Tech’ Is Tyranny

Andrew Yang’s plan to regulate big tech will end up backfiring, and trample the Constitution in the process. As technology outpaces government’s understanding of it, policymakers are at a loss in trying to regulate it properly. Yang’s proposal to create more government, not to mention a new department, completely ignores the $22 trillion deficit hanging […] The post Andrew Yang’s Plan to Regulate ‘Big Tech’ Is Tyranny appeared first on CCN Markets

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Is Bitcoin’s Long-Term Price Uptrend Intact? Research Firm Says So

Bitcoin (BTC) hasn’t been doing all too hot over the past five months. Since June, the leading cryptocurrency has cratered by almost 50%, collapsing from a year-to-date high of $14,000 to $8,500, where it sits today. BTC fell as low as $7,300 just three weeks ago. Related Reading: Crypto Tidbits: RBC May Embrace Bitcoin, China Bashes Cryptocurrency, Ethereum DeFi Booming Sure, a 40% drawdown isn’t the end of the world. Though, considering that countless investors were calling for a bull run just months ago, this drop has harrowed many a…

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What Powers China’s Crypto Mining Industry, and Is It Sustainable?

The cryptocurrency mining industry continues to grow daily, supported by a continuous stream of new and more efficient hardware. China is at the forefront of the industry, but as environmental concerns loom, the sustainability of their success is coming into question. Mining chip manufacturers, the most prolific of which are based in China, work tirelessly to develop ever-more-powerful processors. With each new iteration, these high-capacity chips require more and more energy to operate. Newer mining machines render old ones obsolete, resulting in an increasing flow of electrical waste, the majority…

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Microsoft Just Gave a Big Tease About Xbox Project Scarlett Price

Microsoft confirms that Xbox Project Scarlett will compete with the PS5 on price. Xbox boss Phil Spencer said the console wouldn’t be “out of position” on price. Analysts have suggested that the console will cost $500. Speaking to The Verge, Xbox boss Phil Spencer said that Xbox Project Scarlett would “not be out of position […] The post Microsoft Just Gave a Big Tease About Xbox Project Scarlett Price appeared first on CCN Markets

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