Crypto News

Plugin-Ambient Weather Partnership: Empowering Today’s Society with Smart and reliable Weather Systems

The global climate is changing rapidly as compared to the pace at which natural variations occurred in the past. And with the climatic changes, previously unseen occurrences that could hinder many day-to-day operations in society are becoming too common. For instance, global temperatures rose by roughly 1.8 °F between 1901 and 2016. The high temperatures are worsening and making frequent different types of disasters—heat waves, storms, floods, droughts, etc. Warmer climates are also creating atmospheres that collect, retain, and dump more moisture, changing weather patterns in a way that wet areas become wetter and dry areas become drier. Increased drought, intense floods, and storms are causing numerous public health and safety concerns. As well, the increased unpredictability of weather patterns is posing risks to numerous weather-dependent activities—including but not limited to agriculture, travel, education, sports, etc. Given that some of these activities touch on the social and economic wellbeing of our societies, increased unpredictability in weather poses significant challenges to populaces globally. While unpredictable weather poses a threat to day-to-day activities, all is not doom and groom. Unique partnerships leveraging smart weather forecasting and decentralized data-transfer protocols are making it possible for the inception of technologies that can point out weather changes or any related events in real-time. The innovations are giving stakeholders the ability to verify weather patterns that may affect their activities, further improving how society interacts with the ever-changing climatic conditions. To highlight the importance of unique partnerships in unlocking the potential of smart weather management systems, let’s look into the recently concluded Plugin-Ambient Weather partnership and why it matters. Plugin-Ambient Weather Partnership: Why does it matter With the rise in demand for accurate weather forecasts in day-to-day activities, the Plugin–Ambient weather partnership avails users with more options regarding smart weather stations for homes, businesses, farms, and more. As well, the partnership avails network members with an option to become data providers. Given that ambient weather is available globally, the partnership allows users of ambient weather’s smart weather stations to participate in gathering weather-related data and claim the rewards therein. Worth noting: The basic criteria a user needs to meet to participate in Plugin WFN’s use case as a data provider include; having uninterruptible power and Wi-Fi, and outdoor space to install an Ambient weather station. These preconditions ensure seamless data transfer via an approved Ambient sensor. Plugin–Ambient Weather Partnership: How can users Participate Individuals or organizations that are interested in smart weather systems and willing to be part of Plugin WFN project must first purchase Ambient Weather’s smart weather system. Upon acquiring and installation of the smart weather forecast station, the user should go ahead and connect their device to Plugin’s portal. The registration process involves generating an ‘applicationkey’ & ‘apikey’ to register the new device. Upon creating the appropriate API keys for their device, users will have to check if their sensors transmit data to the ambientweather.net portal. Thereafter, users will be required to submit their device’s applicationkey, apikey, latitude, longitude, country, state, city, zip code, and wallet address to Plugin’s portal. If the data is satisfactory, team Plugin will approve the user’s node. Once approved, a user will be required to stake 1000 PLI & 5000 XDC to register as a data provider for Plugin WFN. After staking is done successfully, a user will receive an approved WFN device ID for their node, allowing the user’s sensor to gather weather-related data for Plugin WFN’s project. Thereafter, a user can claim their reward for providing weather-related data. Interested users can view the detailed step-by-step process here. What are the likely benefits of Plugin–Ambient Weather Partnership Increasing Utility for Weather Forecast Data Previously, weather intelligence systems relied upon distributed radar and satellite systems to gather data. While the data has been useful, it has been general in nature, thus limiting its scope. Particularly, such data has lacked accurate and real-time aspects that help businesses make more informed choices. On the other hand, generic weather forecasts from distributed radar systems produce raw data that’s relatively expensive, confusing, and inaccessible to many end-users. The raw data is often nested within weather stations in airports, government agencies, and academic institutions. As well, the data is released to the public via endpoints controlled by centralized organizations like the National Oceanic and Atmospheric Administration (NOAA), National Aeronautics and Space Administration (NASA), the World Meteorological Organization, etc. Many a time, released data sets aren’t in real-time and may be complicated, necessitating expert assistance to digest the data for ordinary end-users. However, the Plugin–Ambient weather partnership solves these problems. With decentralized weather forecast sensors (made possible via Ambient weather’s smart solutions), Plugin collects highly granular data that’s cryptographically signed before being uploaded onto PLI’s blockchain. Thanks to the partnership, data users can verify the provenance of the data by checking the coordinates tagged with the data. What’s more, the decentralized, yet highly trustworthy, nature of collected weather forecast data increases the accuracy, accessibility, and user-friendliness of climate data. It also lowers the costs of climate data. The resulting ease-of-use and ease-of-access to highly accurate and verifiable climate data give autonomy to end users that could not previously acquire the data and make appropriate decisions. The increased access to data opens-up opportunities for numerous use-cases that leverage the diverse nature of climate data. Some unique examples include crop insurance and logistics. Reducing Climate-Related effects globally The Plugin–Ambient weather partnership also unlocks benefits and synergies that have significant potential to reduce climate-related effects. With highly granular data and improved provenance, the partnership holds the key to unlocking efficiencies in agriculture, disease control, conservation, humanitarian and military operations, and mitigating climate-related challenges. In agriculture, for instance, highly granular data that’s made possible by the partnership will help alleviate challenges straining the agriculture production system. Worth noting, projections show that the agriculture sector will have to feed roughly 9.8 billion people by 2050. Accompanying the rising population is a multiplicity of adverse environmental effects that put significant strain on the productivity of previously valued arable regions. These strains are projected to increase given the predicted extreme weather conditions and increasing effects of global warming. Nonetheless, food production systems can benefit from highly accurate and granular data—availed by the partnership between Plugin and Ambient weather. For instance, farmers and food providers can benefit from accurate and real-time climatic data in many ways. In particular, having highly granular data on weather patterns helps food producers make accurate decisions before, during, and after their production cycles. With climate change requiring farmers and breeders to respond to changes faster and in smarter ways, data-driven decentralization of weather forecasting (as seen in the Plugin – Ambient weather partnership) can improve predictions and improve breed selection in dynamic production environs. Improvements in breed selection will result in increased productivity. On the other hand, decentralized data collected via Ambient’s weather sensors has the potential to improve humanitarian and national security issues relating to climate change. With natural disasters becoming more catastrophic and displacing large populations, national security agencies in different countries have to rely on smart and highly accurate data to optimize their response to adverse climatic events. In the recent apocalyptic floods in Southern Asia, for instance, the highly granular data collected by Plugin can help key stakeholders improve the preparation and response to such disasters. Specifically, the highly accurate data availed in real-time can allow security agencies to allocate resources (food supplies, manpower, and equipment) where most needed before, during, and after a natural disaster. Improved planning can help save lives and prevent misuse of vital resources during such events. Nurturing Sensing-as-a-Service (SEaaS) model Sizeable networks of sensors are in use today. And there’s numerous potential in data collected by these nodes, globally. Be it weather stations tracking atmospheric changes or shipping trackers, the SEaas model has the potential to create passive revenue streams as well as provide resources for important enterprises. In this context, Plugin–Ambient Weather partnership pioneers the SEaaS space by leveraging blockchain and remote sensors availed by ambient weather’s smart weather solutions. Through the partnership, users in ambient weather’s network can leverage the partnership to earn some benefits. On the other hand, the incentives offered, and the automatic manner in which data is collected and transmitted guarantees the accuracy and verifiability of data gathered through the Plugin and Ambient weather set-up. While the partnership unlocks synergies associated with weather forecast data, it also highlights the potential held by solutions employing blockchain-based smart contracts and decentralized data nodes. It also highlights the possibilities that blockchain and decentralized data providers can achieve by ensuring the verifiability of data without centralized organizations checking and rechecking the data for accuracy. Ultimately, a vibrant SEaas space will help unlock new economies and improve benefits to organizations, governments, and the entire society. Final Thoughts With the increasingly changing and unpredictable climatic patterns, more industries are experiencing previously unseen challenges. Some of these industries play very crucial roles in our society, and mitigating the ensuing climate effects is paramount. Though numerous solutions to climatic change and its effects exist, decentralized tech holds a lead position in providing sustainable results. In line with these views, the partnership between Plugin and ambient weather guarantees accurate, verifiable, and highly granular climatic data. The data, which is availed in real-time, provides some important insights to guide vital activities in agriculture, disease control, humanitarian initiatives, conservation, etc. The smart climatic weather data systems also unlock an array of opportunities in a variety of weather-dependent industries That said, Plugin-Ambient weather’s partnership makes significant contributions toward empowering today’s society through accurate, and verifiable weather data. For more information, kindly visit the following links: A). Plugin Twitter Plugin Website Plugin WFN user interface Plugin WFN – Ambient weather unit onboarding instructions B). Ambient Weather Twitter Ambient Weather Website  

Crypto News

No GPU Mining After the Ethereum Merge? Fork Token or ETC to Mine?

According to Watcher Guru, we are only 12,554 away from the Ethereum Merge, which is expected to happen at 1:09 on September 15 (CST). By then, Ethereum will have transitioned to PoS, a major blow to PoW miners in the network. The Merge will force PoW miners that operate the $19 billion mining business to find alternatives. Source: https://watcher.guru/ethmerge Recent data shows that Ethereum miners are fleeing from the network. Right now, the average computing power of the whole Ethereum network stands at 854 TH/s. Trending downwards during the past week, the figure has dropped by about 19% from the peak in May. Ethereum’s massive PoW hashrate is of great significance to the entire crypto mining industry, and the ETH hashrate will shift to other PoW coins once Ethereum shifts to PoS, which may reshape the whole mining sector. Facing the impending transformation of the mining sector, Ethereum miners might exclude themselves from the shift to PoS by the Ethereum community to protect their own interests. From this perspective, PoW miners on Ethereum might root for a hard fork to preserve the existing PoW chain and generate a new coin. However, such a fork coin can be problematic in terms of risks and security. If Ethereum is forked, projects within today’s largest crypto ecosystem will have to make a choice. Meanwhile, multiple mainstream projects, covering the two stablecoin issuers Tether (USDT) and Circle (USDC), the oracle ChainLink, and the on-chain lending protocol Aave, have stated their support for the PoS chain. Without support from popular projects, the PoW chain will be worthless. Of course, some miners might choose to accept the reality and switch to ETC. The DAO hack split the Ethereum community into the ETH camp and the ETC camp. The two now differ in terms of algorithm, and ETH mining machines might need to go through firmware updates to become compatible with ETCHASH, the ETC mining algorithm. Despite that, there is no technical barrier between ETH and ETC, and it is cheap to switch from one to the other. As such, it is foreseeable that the ETC hashrate will soar after the Merge. In response to the current boom of ETC mining, many pools, including ViaBTC, have been offering mining benefits. Back in early September, ViaBTC Pool announced that it will terminate the pool’s PoW mining service and the revenue calculation of ETH when the TTD reaches a set threshold. The pool said that asset management functions such as ETH deposits & withdrawals and conversion, as well as ETH financial services that include hedging and loan, will remain available. It also recommended the ETC pool to miners who plan to continue with their PoW mining operations. To help miners switch to ETC mining, ViaBTC has partnered up with Bitdeer, a top mining service provider, and offered a major benefit: a free trial of the MiningOS firmware. All ViaBTC users can benefit from the six-month free trial of MiningOS, which will help miners minimize costs and maximize returns. Featuring simplicity, enhanced security, and high yields, MiningOS is an innovative firmware for GPU mining developed by the Bitdeer Group. The product is simple in that it allows miners to deploy their mining operation with one flash drive for downloading the image file, without having to go through the complicated code burning process. Backed by a top mining brand, MiningOS supports SSL connection and emphasizes security and privacy protection. Having been tested on a large number of GPU mining machines, MiningOS ranked second in terms of average revenue, and the figure is more than 2% higher than that of the second-place winner. Over time, the seemingly small difference will be translated into a substantial increase in revenue.   Join the event at https://minerplus.bitdeer.com/miningos Try out MiningOs for free: Click on the link or scan the QR code in the above picture to open the event page; Register and log in to your Bitdeer account; Install and deploy the MiningOS firmware; Contact customer service and apply for ViaBTC-exclusive benefits; Select ViaBTC Pool in the mining configuration; Enjoy the superior mining experience brought by MiningOS-enabled smart mining and hashrate boost. CPUs covered GTX 3070, GTX 3080, and GTX 1660s Target crypto ETC How to install MiningOS: You can click on the link below for the specific installation instructions or get help from customer service on the Bitdeer website: https://bdminerplus.zendesk.com/hc/en-us/articles/9876983152921-MiningOS-Installation-Tutorial About Bitdeer Bitdeer Group is the world’s leading provider of digital asset mining services. It was founded by Jihan Wu, a renowned pioneer in the cryptocurrency industry, along with Sequoia Capital, IDG and other well-known blockchain investment institutions. The group consists of two service platforms, “BITDEER” and “MinerPlus”, which provide a full range of mining services that include hashrate sharing and smart mining solutions. About ViaBTC ViaBTC, founded in May 2016, has provided professional, efficient, safe and stable cryptocurrency mining services for over one million users in 130+ countries/regions around the world, with a cumulative mining output value of tens of billions of dollars. As a world-leading, all-inclusive mining pool, it provides mining services for more than ten mainstream cryptocurrencies including BTC, LTC, ETC, etc. Backed by the one-stop, all-inclusive services spanning the mining pool, the exchange, and the wallet, ViaBTC is committed to offering global users more abundant supporting tools, stabler and more efficient mining services, and better product experiences.    Image by Nana Dua from Pixabay

Altcoins Analysis Bitcoin Blockchain

With Over $12M Raised In Total Funding, OCAVU Network Is Supporting Brands, Athletes, and Influencers By Helping Them Reclaim Ownership Of Their Content

With Over $12M Raised In Total Funding, OCAVU Network Is Supporting Brands, Athletes, and Influencers By Helping Them Reclaim Ownership Of Their Content

Summary: OCAVU Network leverages Web3 to give creators more control over their content and financial destiny. LEHI, UTAH / SEPTEMBER 8, 2022 / The launch of OCAVU Network, an innovative and patent-pending utility engine for the Web3 environment indicates that digital experiences, such as NFTs and tokens, can now be easily assigned, distributed, and activated […]

Crypto News Ethereum

Ethereum Classic Outperforms Others In 24 Hours With 19% Gains

Crypto assets’ prices have recorded more volatility in recent times. There have been some spikes and pullbacks in the price of many. For instance, the beginning of this week saw Bitcoin moving farther from its $20K mark.  Bitcoin lost its hold on the $20K mark on September 2, closing the market at $19,969. Since then, the crypto has struggled to remain afloat with little rallies and dips. Also, Ethereum didn’t fare too well until September 6.   Related Reading: Bitcoin Struggles To Claim $20,000 Mark Amid Bear Market The Bellatrix upgrade to take place the same day pushed its price by 4.3%, enabling it to climb above the $1500 mark to $1655. But ETH wasn’t the only crypto affected by the upgrade hype. Ethereum Classic ETC also felt the positive market sentiment pushing its price above $40.  Ethereum Classic Gains As Merge Approach    ETC is currently trading at $41.240, indicating more than a 19% price increase in 24 hours. The coin has been holding its grip on $32 from August 31 to September 5. It even recorded a brief pullback to $31 and an intraday high of $39 on September 5. In twenty-four hours, ETC surged by more than 19% as the community awaited the Bellatrix upgrade on Ethereum ETH. As day trading continues, ETC has continued to skyrocket, and there’s a likelihood of increased gain before the close of the market.  Will Miners Move to Ethereum Classic?  As the Merge approaches, ETC is positioned to receive more attention from miners and investors. Being a proof of work network, it might be the next option for Ethereum miners after the upgrade.  Recall that mining activities will cease to exist once Ethereum migrates from PoW to proof of stake. The event-tagged Paris upgrade will be the last to push the network into the long-anticipated newer version.  According to the plans, a difficulty bomb on the network will increase the energy and computational requirements of validating transactions after the Merge. With the increased requirements, miners’ interest will wane as the activities will no longer be profitable.  That’s why some miners earlier announced plans to fork the Ethereum network. The aim was to maintain the proof of work network and continue their mining activities. However, this plan received a mixed reaction in the community as many supported it while others reacted negatively.  What’s ETC Price Prediction? By analyzing the current price movement for ETC, the token’s future price might become more positive contrary to what analysts predicted for 2022. In addition, if the miners move to continue their operations on ETC, the Ethereum fork will see more traction.  Related Reading: WATCH: Ethereum Gains Momentum Ahead Of The Merge | ETHUSD September 6, 2022 Also, analysts have mentioned that the move to ETC will increase its hash rate leading to a drop in risk exposure. Recall that the development team of Ethereum moved to the latest version after the hard fork in July 2016. That’s why ETC has continued to rely on diverse contributors to remain relevant.  But with increased miners’ participation, more developers will join, and investors’ interest will grow. Also, the chances of 51% attacks will reduce, pushing the network to a better footing and greater attention in the crypto space.  Featured image from Pixabay and chart from TradinView.com