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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="Weather Man" data-source="post: 16668228" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3739495-ecbs-jens-weidermann-digital-euro-launch-should-be-a-gradual-approach" target="_blank">ECB's Jens Weidermann: digital euro launch should be a 'gradual approach'</a></p><ul> <li data-xf-list-type="ul">German Federal Bank President Jens Weidmann said the digital euro should have a <a href="https://www.reuters.com/world/europe/ecbs-weidmann-wants-digital-euro-start-small-2021-09-14/" target="_blank">limited</a> role initially as it could disrupt the bank sector and put more pressure for central banks, Reuters reports, citing comments he made at a conference.</li> <li data-xf-list-type="ul">"A gradual approach might make more sense given the risks involved - that means a digital euro with a specific set of features and the option to add further functionalities later."</li> <li data-xf-list-type="ul">The European Central Bank ("ECB") launched the investigation phase of a digital euro project in mid-July, which is set to <a href="https://seekingalpha.com/news/3715063-ecb-makes-big-move-towards-digital-euro-says-better-than-bitcoin" target="_blank">last for two years</a>, but the actual launch of the cryptocurrency could still be five years away, Reuters notes.</li> <li data-xf-list-type="ul">Weidermann argued that in times of crisis, consumers could convert their bank deposits to central bank money, which would destabilize the financial system as they withdraw an important source of funding.</li> <li data-xf-list-type="ul">In the crypto universe, Bitcoin (<a href="https://seekingalpha.com/symbol/BTC-USD" target="_blank">BTC-USD</a> +0.8%) rises even after the Securities Exchange Commission's Gary Gensler said crypto is <a href="https://seekingalpha.com/symbol/BTC-USD" target="_blank">'rife with fraud, scams, and abuse</a>'; Ethereum (<a href="https://seekingalpha.com/symbol/ETH-USD" target="_blank">ETH-USD</a> +1.3%) also gains in the past 24 hours.</li> <li data-xf-list-type="ul">Meanwhile, the People's Bank of China recently said it will steadily <a href="https://seekingalpha.com/news/3738718-pboc-to-accelerate-research-and-development-of-digital-yuan-to-support-growing-interest" target="_blank">push forward with research and development of its digital yuan</a>.</li> </ul><p></p><p><a href="https://seekingalpha.com/news/3739492-olb-subsidiary-dmint-orders-first-batch-of-miners-for-cryptocurrency" target="_blank"></a></p><p><a href="https://seekingalpha.com/news/3739492-olb-subsidiary-dmint-orders-first-batch-of-miners-for-cryptocurrency" target="_blank">OLB subsidiary DMint orders first batch of miners for cryptocurrency</a></p><ul> <li data-xf-list-type="ul">The OLB (NASDAQ:<a href="https://seekingalpha.com/symbol/OLB" target="_blank">OLB</a>) trades 5% higher premarket on announcing that wholly-owned subsidiary DMint is <a href="https://seekingalpha.com/pr/18471386-olb-group-subsidiary-dmint-orders-first-batch-of-miners-for-cryptocurrency" target="_blank">deploying</a> its first lot of some one-hundred cryptocurrency mining computers for operation at its newly acquired data centers.</li> <li data-xf-list-type="ul">The Antminer S19j Pro is specifically configured to mine Bitcoin and is planned to be up and running by September end.</li> <li data-xf-list-type="ul">DMint has secured the natural gas mineral rights necessary to power its current and foreseeable energy needs for mining operations.</li> <li data-xf-list-type="ul">The company plans to build out capacity to achieve 500 petahash per second while operating 24K miners over the next two years.</li> <li data-xf-list-type="ul">"Putting these new mining computers to work is the first step in building out our cryptocurrency mining operations that are expected to grow to serve some one thousand miners by the end of the year," CEO Ronny Yakov commented.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16668228, member: 137766"] [URL='https://seekingalpha.com/news/3739495-ecbs-jens-weidermann-digital-euro-launch-should-be-a-gradual-approach']ECB's Jens Weidermann: digital euro launch should be a 'gradual approach'[/URL] [LIST] [*]German Federal Bank President Jens Weidmann said the digital euro should have a [URL='https://www.reuters.com/world/europe/ecbs-weidmann-wants-digital-euro-start-small-2021-09-14/']limited[/URL] role initially as it could disrupt the bank sector and put more pressure for central banks, Reuters reports, citing comments he made at a conference. [*]"A gradual approach might make more sense given the risks involved - that means a digital euro with a specific set of features and the option to add further functionalities later." [*]The European Central Bank ("ECB") launched the investigation phase of a digital euro project in mid-July, which is set to [URL='https://seekingalpha.com/news/3715063-ecb-makes-big-move-towards-digital-euro-says-better-than-bitcoin']last for two years[/URL], but the actual launch of the cryptocurrency could still be five years away, Reuters notes. [*]Weidermann argued that in times of crisis, consumers could convert their bank deposits to central bank money, which would destabilize the financial system as they withdraw an important source of funding. [*]In the crypto universe, Bitcoin ([URL='https://seekingalpha.com/symbol/BTC-USD']BTC-USD[/URL] +0.8%) rises even after the Securities Exchange Commission's Gary Gensler said crypto is [URL='https://seekingalpha.com/symbol/BTC-USD']'rife with fraud, scams, and abuse[/URL]'; Ethereum ([URL='https://seekingalpha.com/symbol/ETH-USD']ETH-USD[/URL] +1.3%) also gains in the past 24 hours. [*]Meanwhile, the People's Bank of China recently said it will steadily [URL='https://seekingalpha.com/news/3738718-pboc-to-accelerate-research-and-development-of-digital-yuan-to-support-growing-interest']push forward with research and development of its digital yuan[/URL]. [/LIST] [URL='https://seekingalpha.com/news/3739492-olb-subsidiary-dmint-orders-first-batch-of-miners-for-cryptocurrency'] OLB subsidiary DMint orders first batch of miners for cryptocurrency[/URL] [LIST] [*]The OLB (NASDAQ:[URL='https://seekingalpha.com/symbol/OLB']OLB[/URL]) trades 5% higher premarket on announcing that wholly-owned subsidiary DMint is [URL='https://seekingalpha.com/pr/18471386-olb-group-subsidiary-dmint-orders-first-batch-of-miners-for-cryptocurrency']deploying[/URL] its first lot of some one-hundred cryptocurrency mining computers for operation at its newly acquired data centers. [*]The Antminer S19j Pro is specifically configured to mine Bitcoin and is planned to be up and running by September end. [*]DMint has secured the natural gas mineral rights necessary to power its current and foreseeable energy needs for mining operations. [*]The company plans to build out capacity to achieve 500 petahash per second while operating 24K miners over the next two years. [*]"Putting these new mining computers to work is the first step in building out our cryptocurrency mining operations that are expected to grow to serve some one thousand miners by the end of the year," CEO Ronny Yakov commented. [/LIST] [/QUOTE]
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