US leads Bitcoin mining as China ban takes effect

Miners earn money by creating new Bitcoins, but the computing power needed to do it consumes large amounts of energy.

They audit Bitcoin transactions in exchange for an opportunity to acquire the digital currency.

Global mining requires enormous computing power, which in turn uses huge amounts of electricity, and consequently contributes significantly to global emissions.

The CBECI, which is produced by the Cambridge Centre for Alternative Finance, tracks the geographic distribution of computing power used for mining Bitcoin – receiving data from a number of commercial Bitcoin mining pools.

The latest data, which covers the four months to the end of August, suggests that most Bitcoin mining (35.4%) is now US based, with Kazakhstan (18.1%) second and Russia (11%) third.

How to upgrade to Windows 11 without waiting in line

Windows 11 is now available and will be rolling out to millions of PCs worldwide. But, as with any new OS rollout, it’s not going to happen overnight, and many Windows users will be waiting for a while until that magic upgrade notice appears. Don’t want to wait? You don’t have to — you can, with just a little effort, download and install the new version of Windows right now.

Facebook has finally given a reason for the six-hour outage Monday

Facebook’s outage came a day before whistleblower Frances Haugen was set to testify before Congress about her experiences at the company. Haugen, a former Facebook product manager who worked on its Civic Integrity group, provided a trove of internal Facebook documents to reporters at the Wall Street Journal. She told 60 Minutes on Sunday that Facebook “pays for its profits with our safety.”

Jeff Bezos steps down as Amazon boss

Bezos steps down from Amazon on Monday – exactly 27 years after he founded it.

In that time he has developed a series of unusual leadership principles – which some argue are the backbone of his success. Others believe they speak to everything that is wrong with Big Tech.

Talk to anyone who’s ever worked at Amazon, and you don’t have to wait long before you hear the phrase “customer obsession”.

Anthony G. Otun, M.F.M

CEO

Otun Anthony is a digital designer with experience in web and software development, extracting and analysing data, as well creating comprehensive analytical reporting using statistical methodologies.

Seyi Babatunde

Graphic Designer

Experienced Graphic Designer with years of experience in Graphics development, Publishing, Motion graphics and Video editing.