Value Of Bitcoin Decreased By 5 Per Cent

The digital currency bitcoin is now experiencing its second halving event which happens once in every four years. This event is a rule that is hard coded into the rulebook of the digital currency which demands for the rewards earned by miners to be cut in half. These miners are the ones responsible in making the network safe and secure from hackers with the use of their computing capacity. For every 210,000 blocks containing transactions that are processed, the halving takes place.

According to the CEO of the bitcoin company backed by Andreessen Horowitz, Balaji Srinivasa, halving is considered is just like New Year’s Eve for the financial experts fond of predicting the future.

The halving event has already been proven to be a significant part of the mining process and will continue to be in the future. The users of the bitcoin that invest the computing power of their computers as well as electricity in running these computers nonstop are the ones that are given the incentive. The market is already predicting what the halving effect will be but for many of the users they are more concerned with their operation as the current reward of 25 bitcoins will be cut into 12.5 as the halving takes place. The potential profit they could earn is now less than before and it is evident that after the halving not all miners might be able to survive.  A bitcoin mining startup based in Sweden, KnCMiner, has already filed for bankruptcy two months ago.

As the halving takes place, the value of the bitcoin has decreased by 5 per cent. Based on a report by CoinDesk, the bitcoin price of $660 has become $627 instead. A few hours later, the price of the digital currency has recovered a bit and moved up to $640 which makes the drop to 4 per cent only. Since the market is still adjusting from the effect of the halving volatility is expected. At the early months of 2016, the price of bitcoin has already increased by 50 per cent and is expect to rise further due to the reduction of the supply. Those getting started with bitcoins just now might be up for a challenge since the competition is quite steep at the moment.


New Bridge Connects Lanta Noi And The Island Of Lanta Yai In Krabi


Last month, the Department of Rural Highways launched the opening of the new bridge that now links two parts of Krabi province – Koh Lanta Noi and the Koh Lanta Yai. Since the opening, it has officially been open to the use of the public commuters and private vehicles.

The new bridge is referred to by the department as “Siri Lanta”. It will be responsible in making sure that the mainland will now have easy access to all the tourist spots located on the islands. This will also cut the time that are being spent riding the ferries.

The construction of the bridge was worth 450 million in baht. During the opening, the presiding person on the ceremony is Arkhom Termphittaya-Paisit, the transport minister of Thailand.

According to the transport minister, now that the bridge is open for the public, there are a lot of issues that have been resolved considering that the area is having problems when it comes to the number of the ferries that are operating on the islands. The ferries are very limited and the operation time lasts for 16 hours with only a number of ferries going back and forth. The first trip starts at 6 in the morning and the last trip to the islands is 10 in the evening.

Another problem is that the local residents have to fall in line for a long time before they can board the ferry together with their vehicles. The waiting time alone adds a considerable amount to the total time of their travel.

Not to mention the situation during the peak season wherein tourists come pouring and they have to wait further which causes more delay.

The situations cited above are only very minor problems compared to life and death circumstances herein they have to transport a very ill patient to the hospital.

Another concern that has been raised many times is the negative impact on the environment since the ferries are causing water pollution. With the presence of the bridge which is 650 meters longs, tourists will now have an easier access to a family resort in Krabi.


A Simple Guide To Starting A Plumbing Business

Starting any business can be very difficult especially if you have no experience running a business. You would have many things to worry about from business licenses and permits to securing funding, hiring employees and acquiring the necessary equipment needed. Truly it can be frustrating.

When it comes to plumbing businesses, your business would revolve around offering plumbing services to people from small tasks like fixing leaks and cleaning drains to big projects like pipe instalments. While starting a plumbing business may be difficult, the plumbing industry does offer numerous opportunities for plumbers as the plumbing industry is always in demand.

To help you out a bit, here is a simple step-by-step guide to starting a plumbing business.

  1. First thing you would have to do is to get the proper licenses and permits. No business could ever operate legally without licenses and permits. For plumbing businesses, the owner should be a qualified plumber before he could operate a business. This means you would have to go through an apprenticeship which can last for a few years as well as taking the necessary courses for plumbing. To become a licensed plumber, you would have to take and pass a Journeyman’s test. Your business will need a tax identification number along with insurance to make sure your clients will be safe and secure.
  2. Once you have acquired all the necessary legal documents to operate a business, your next task would be getting the right equipment that you will use to operate your business. This would include all the plumbing tools that you and your employees will use. You would also need a vehicle, preferably a van, to use for transport.
  3. If needed, you would have to find people who will serve as your employees to help you tackle plumbing jobs more effectively.
  4. Advertisement is your last but most important priority because through marketing and advertising you would be able to introduce your business to people. You may have the best emergency plumbing service out there but if people don’t know about you then everything is all for naught.

Sales Performance Of Ferrari In The Middle East

Ferrari is one of the most powerful brands in the Middle East region as well as the rest of the world; however, there is something passionate about the perception of the brand which can be considered unique. In terms of numbers, the UAE is a major market for Ferraris including Abu Dhabi, Dubai and other GCC countries including Oman.

There seems to be a huge sensibility about latest brands in the region however Ferrari models are all remarkable and incredibly popular in the region. When people consider speed, comfort and lifestyle when buying a car, their most obvious choice will be the Ferrari 488 GTB, the Ferrari 488 Spider and the California T. The California is a fantastic choice for a daily vehicle and it is received with overwhelming excitement.

The Ferrari 488 GTB is a powerful successor of Ferrari 458 Italia. It is primarily a racing car but it should not deter non-professional drivers from buying one. The engine of Ferrari 488 GTB is 3902cc V8 Turbo and is at the top of its class when it comes to power output, torque and response times. The engine releases 660 HP at 8,000 rpm with a response time at the accelerator of just 0.8 seconds at 2,000 rpm.

Ferrari 488 Spider is the latest of Maranello’s open top V8 sports cars. This is the most powerful of Ferrari’s mid-rear-engine V8 cars to feature a patented retractable hard top considered to be a technological innovation in design. Just like the previous Spider versions from Ferrari, 488 Spider is aimed for clients who are seeking open-air motoring experience in a high-performance car with that unmistakable Ferrari sound.

The Middle East takes about 8% of total Ferrari production which is at least 10% of total worldwide sales. However, Ferrari does not believe in achieving product volumes because it prefers quality over quantity. There has been year-on-year growth in sales of between 25 -30% since 2012 in the Middle East region. Exclusivity is very important for Ferrari 488 Dubai so that customers can be provided with a unique experience. The momentum right now may not be similar to 2012 but Ferrari believes that there is still strong passion for its super cars.


Privacy By Design: How Will It Affect Web Designing?

Though there are many changes in the GDPR or the European General Data Protection Regulation, one of the biggest and expected to affect web designing at some point is the recent principles according to PbD or privacy by design. This will affect various aspects of web designing from the creation, to process of revisions as well as the technology used in the development.

Web designing and development is a big field that just keeps on getting bigger because of the endless projects. It is expected that when the requirements of PbD is set as concrete law, the one field which will be affected the most is web development.

Since a website is the bridge that connects a brand and the prospect clients, it is inevitable to foresee how it will affect the brand as well as its nature towards the set principles in privacy.

Privacy by Design or more commonly known as PbD is a concept born in the early 1990s and was developed by Ann Cavoukian who is a well-known privacy regulator in Canada. It is made of seven principles that centers on how personal information are being handled during the creation process of web design.

In short, privacy will be given a default setting when it comes to website building to make sure that personal data is safe and will be destroyed immediately when the system no longer needs it. Within the principles, it should be made sure that customers have the option when it comes to how their personal data are used to make sure that privacy will not be put behind to compromise on much better things.

When put to test, it will not be surprising that many websites will not pass when it comes to privacy application. Just the mere proposition of partial implementation has been met with strong resistance by various website owners for fear of failing the requirements set.

It is expected that when PbD is set into law, there will be changes especially when it comes to gathering personal data from consumers – automated and volunteered. User interface will most likely be impacted as well as users will be given more options when it comes to using a certain website. How web designers will put interfaces that will support such actions will prove to be a challenge when it happens. If you are planning to create a safe and secure website for your business, check out