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Are Miners Waiting for Bitcoin to Hit Breakeven Point? – Cryptonews

Source: Adobe/KittyKat

Johnson Xu is the Chief Analyst at TokenInsight, a token data and rating agency._____

The sharp market downturn in mid-March 2020 forced some Bitcoin (BTC) miners to switch off their mining rigs. As a result, the Bitcoin network hash rate plummeted to ~75.8 EH/s. After reaching its lowest recent point, down from its all-time high of ~136 EH/s, the network hash rate is currently hovering at ~100 EH/s.

Consequently, we have seen a fall of almost 16% in mining difficulty, resulting in the second-largest drop in history.As the price plummeted yet lower, the network has seen a surge on its mean block interval from roughly 10 minutes per block to 15 minutes per block before the scheduled network adjustment kicks in.

The MRI (miner's rolling inventory) provides valuable insights into how miners perceive the market.Prior to the market downturn (March 11, 2020), the MRI reflected the fact miners appeared conformable to sell, indicated by a >1 MRI. When the market stabilized, after bitcoin crashed to sub-USD 4,000 at its lowest ebb, the daily MRI dropped significantly to < 1.

That indicates a very different view from miners on the condition of the market, and means they are holding back on bitcoin and their inventories are growing (Bytetree, 2020). At the time of writing, the daily MRI is running at around 1 (or 100%).Miners are still comfortable selling into the market in the longer run, as demonstrated by the 1 week, 5 weeks and 12 weeks MRI ratios.

The recent market downturn has caused some miners to switch off their rigs, as indicated by the recent ~16% downward adjustment on network mining difficulty.

However, 1-week fees are slowly creeping up to 52-week fee levels, despite the recent market downturn. Rising fees reflect increasing network activity, which could well be a positive indicator for the bitcoin market.

The SOPR (Spend Output Profit Ratio) ratio, developed by Renato Shirakashi, is one of the many insightful indicators that help analysts gauge market participants sentiment and behavior.

This ratio dropped significantly to <1 during the recent market downturn, and backed up to near 1 when the market stabilized.

However, the ratios upward turn faces some difficulty in its quest to break the >1 mark strongly. This could be an indicator that market participants are waiting to hit the breakeven point before they sell.

Theoretical 24-hour attack costs have dropped significantly recently, and currently sit at USD 14 million. This does sound alarming, especially when we can see a large drop in 24-hour attack costs.

However, it is practically impossible to perform a 51% attack on the Bitcoin network, as an attacker cannot solicit enough hash power to perform such an attack, due to the following reasons:

All of the above is true unless we discover a direct channel, which could let an attacker to control 51% hash rate effectively. The risk of a 51% attack on the Bitcoin network is extremely low and such an operation is extremely difficult to realize.

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Are Miners Waiting for Bitcoin to Hit Breakeven Point? - Cryptonews

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Feds Unlimited QE Places Spotlight on Bitcoin Store-of-Value Narrative – Cointelegraph

As the COVID-19 pandemic continues to unfold with dire consequences across the globe, desperate measures to keep the economy afloat continue to be taken by world governments. Currently the most notable example is the U.S., which recently announced an unlimited quantitative easing program and also reached an agreement for a $2 trillion stimulus package.

The unlimited quantitative easing process will entail the Federal Reserve purchasing assets in the amounts needed to support smooth market functioning and after the announcement was made Bitcoin (BTC) price rallied almost 10% from $6,300 to $6,900.

At the moment, Bitcoin has dropped to $6,630 and crypto markets have remained fairly stable throughout the day.

Crypto market data. Source: Coin360

Gold and silver have also recovered after several days of losses. Gold price dropped by more than 12% in 10 days but has since recovered to the $1,620-$1,680 price range seen between February 20 and March 9.

SILVER USD/m2 chart. Source: TradingView

Meanwhile silver has hit its generational low against the US dollar when money supply adjusted, a figure to keep in mind while the Fed prints billions of dollars. In the last 3 days, silver has seen modest gains, surging from $12 to $14.5.

As the U.S. government sets out to spend billions of dollars this week, stock markets reacted positively and the S&P 500 rallied over 9% on March 24, the biggest daily surge since 2008. The Feds QE efforts may prop up stock prices for now but the long-term consequences will likely have a significant impact on the economy for years to come.

While stock markets are currently reclaiming some of the ground lost during the past two weeks, the worst may be yet to come as the total impact of the Coronavirus and its effects on the population and on the economy are not yet visible.

At the time of writing the number of newly confirmed cases is growing at an alarming rate. Just yesterday, in the U.S. the number of confirmed cases grew by 10,270 to a total of 54,453. At this rate, the total number of confirmed cases in the U.S. may soon overtake Chinas.

Cumulative total number of COVID-19 cases in the U.S. Source: CDC

As for Bitcoin price, it is showing stability and painting higher highs and lower lows on the daily time frame. It seems likely that Bitcoin will continue to hold its own as the dollar inflates, although its worth noting that today's difficulty adjustment may cause the digital asset to lose value as mining becomes cheaper.

BTC USD daily chart. Source: TradingView

To the surprise of many investors, precious metals had been falling alongside global equity markets which on March 9 saw their worst performance since the 2008 financial crisis. However, this isnt entirely new for gold or silver.

In 2008, safe-haven assets behaved similarly, dropping alongside stocks and rallying after the announcement of the Fed's quantitative easing program. For the time being, gold and silver seem to be back to providing security for traders and Bitcoin has been following the lead by holding its own in what could be its biggest test as a unique asset class so far.

The Feds unprecedented new measures highlight one of the primary value propositions of decentralized cryptocurrencies like Bitcoin, the issuance rate cannot be tampered with.

As the current global financial meltdown has demonstrated, precious metals also have their weaknesses. On March 23, three of the worlds largest gold refineries announced that they would stop production for at least a week in order to comply with requests by local authorities. How this will weigh on price is yet to be determined.

Bitcoin, on the other hand, operates on a decentralized system that ensures that no geo-specific event can alter its production. Unlike precious metals, Bitcoins system allows miners to leave and join the network without severely impacting the amount of Bitcoin mined.

Over the past month the U.S. Dollar has also seen steady gains throughout the crisis due to the market participants quick exit from stocks and other risk-on assets. So far DXY has risen 6.35% in March but it has fallen by nearly 1% since the Feds announcement of unlimited QE.

Coincidentally, Bitcoin is set to have its next halving event in April which will lower its issuance rate drop from 12.5 BTC to 6.25 BTC every ten minutes. This means the supply will increase less than 2% per year, and will drop to less than 1% after 2024, a rate which is similar to the average rate of increase of the gold supply.

As the Fed sets out to print an unlimited supply of dollars, Bitcoin is in a prime position to become the next ultimate store of value currency as its issuance rate remains relatively unaffected by the COVID-19 pandemic and the upcoming halving continues as programmed.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

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Feds Unlimited QE Places Spotlight on Bitcoin Store-of-Value Narrative - Cointelegraph

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Bitcoin Will "Come Of Age" During This Crisis: Top Investor Explains Why – Blockonomi

Theres no hiding the fact that Bitcoin, at least in terms of its price, has underperformed amid the ongoing crisis unfolding around the world, caused by the coronavirus shutdowns the worlds governments have implemented.

Since the February highs at $10,500, the cryptocurrency has fallen to $6,500, marking a loss of just under 40%.

Despite this, there are a number of prominent analysts who think that Bitcoins fundamentals will only strengthen through this crisis.In fact, in a recent analysis, long-time market veteran Dan Morehead went as far as to say that during this crisis, Bitcoin will come of age.

Over the past few weeks, the global economy has spiraled into chaos; amid the coronavirus outbreak, unemployment claims have skyrocketed to record levels, prominent investment firms are projecting potentially Great Depression-level GDP contractions, and the stock market has seen its fastest crash in history, losing over 30% in a matter of a few weeks.

Due to this, governments and central banks have been forced to respond with their most drastic measures available boosted unemployment benefits, tax holidays, free money for all citizens, trillions of dollars worth of quantitative easing, and negative interest rates are amongst the measures being taken by the worlds authorities to try and save the flagging economy.

According to Morehead, this trend towards unorthodox monetary and fiscal solutions will be astronomically bullish for Bitcoin and some other assets. As he wrote in his companys latest newsletter:

As governments increase the quantity of paper money, it takes more pieces of paper money to buy things that have fixed quantities, like stocks and real estate, above where they would settle absent an increase in the amount of money. I think they will do that. The corollary is theyll also inflate the price of other things, like gold, bitcoin, and other cryptocurrencies.

He added that with the government deficit in the trillions, it will have a positive impact on the price of things not quantitatively-easable stocks, real estate, cryptocurrency relative to the price of money. Said another way, the BTC/USD cross-currency rate will rise.

With the backdrop set for Bitcoin, Morehead concluded in his letter by remarking that the leading cryptocurrency will likely set a new price high in the next 12 months, adding that rapid growth that some bulls expect is not going to happen overnight.

This was echoed by Raoul Pal ex-head of Goldman Sachs equity derivatives business and the current CEO of Real Vision who told an interviewer that he thinks the price of Bitcoinwill rally to its $20,000 all-time high within the coming 12 to 18 months.

This interview was released shortly after he remarked that he is more bullish than ever on Bitcoin, remarking that theres a possibility that all trust in the entire system has been lost. This was presumably in reference to the worlds response to the outbreak of COVID-19, which has revealed clear insecurities in the fabric of society, from politics to finance.

As to why it will take around 12 months for Bitcoin to reach new highs, Morehead explained:

My best guess is that it will take institutional investors 23 months to triage their current portfolio issues. Another 36 months to research new opportunities like distressed debt, special situations, crypto, etc. Then, as they begin making allocations, those markets will really begin to rise.

Indeed, with the three primary asset classes stocks, bonds (rallied, then crashed hard), and commodities all underperforming in tandem in the crisis, investors may begin to seek alternatives, cryptocurrencies included.

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Bitcoin Will "Come Of Age" During This Crisis: Top Investor Explains Why - Blockonomi

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Vitalik Proposes Solution to ‘Embarrassing’ Lack of BitcoinEthereum Bridge – Cointelegraph

Ethereum co-founder Vitalik Buterin posted a tweet on March 24 claiming that the continuing lack of easy movement between the Ethereum and Bitcoin networks was embarrassing.

As a solution, he proposed putting resources into building a decentralized exchange (DEX), to act as a trustless bridge between the two.

Buterins plan calls for the DEX to be trustless and serverless, with a user experience very similar to Uniswap. Uniswap is a decentralized exchange that runs without an order book, instead relying on asset pairs with Ether as a fixed base currency.

As Cointelegraph reported, Uniswap has just announced plans to release a V2 update in Q2 2020, which will allow direct token-to-token swaps.

Decentralized exchanges have struggled to gain market share against traditional exchanges, despite being more closely aligned to the overall trustless ethos of cryptocurrency. Part of the issue has been a lack of liquidity, although a dedicated BitcoinEhereum DEX supported by Buterin may well see greater uptake.

Vitalin suggested further suggested that Bitcoin was not the only potential destination for a DEX bridge from Ethereum, and other blockchain ecosystems should also be up for consideration.

Buterin specifically mentioned Zcash as one example, saying that he has already had discussions to this end with Zooko Wilcox, CEO of Zcash-creators, the Electric Coin Company. However, he admitted that they could both work harder to turn such talk into action.

Originally posted here:
Vitalik Proposes Solution to 'Embarrassing' Lack of BitcoinEthereum Bridge - Cointelegraph

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Algorithmic Crypto Art Changes Appearance to Reflect Bitcoin Volatility – Cointelegraph

A San Francisco-based experimental art movement has created what they describe as an autonomously programmed art piece that changes appearance as the price of Bitcoin fluctuates.

Asynchronous Art revealed Matt Kanes Right Place & Right Time today, an artwork that evolves dynamically in response to BTC price action. As the value of the cryptocurrency changes, so too does the artwork, explained Kane:

"Each day, a new look for the Master is generated using a data feed of Bitcoin's last 24 hours of price action. Each hour's price programmatically controls rotation, scale, and position of a correlating layer."

The complete piece is referred to as the Master in async.arts parlance, because individual Layers discrete aspects of the piece are independently controlled.

Right Place & Right Time (Low volatility)

Right Place & Right Time (Bullish)

In a previous instance of this unusual artistic collaboration, the thirteen layers of First Supper were individually auctioned to different collectors. So while one collector owns the Master (which was sold for 103.4 ETH, a crypto art record), the owners of the Layers themselves can update and change them whenever they see fit.

First Supper, by thirteen artists, rendered on March 23rd at 8:23am ET

Some of the elements that can be changed include characters, walls, and the table in the artwork. Some Layers can change outfits, others can substitute faces, and still others can change size or orientation. async.art notes that this enables over 54 billion distinct state changes in the piece.

The individual Layers were sold for a total of 263 ETH, suggesting that collectors value the opportunity to have direct input into the appearance of the Master artwork.

In the case of Right Place & Right Time, the artist retains control of the Layers, which are controlled by API calls.

Kane explained that "I want to keep the artwork fresh and surprising for both collector and viewers as price volatility is visualized and maintain this as a living work-in-progress. Additionally, when Bitcoin's price reaches key levels, that achievement is recorded as part of the artwork that day."

async.art founder CEO Conlan Rios said that We are now truly on track to impact the art world it reinforces the fact that the entire NFT community believes in this movement.

The new piece will be unveiled at a virtual gallery showcase event, Citadel 6.15, hosted by crypto artist Coldie and opening on March 27th in the Cryptovoxels world.

Cointelegraph Magazine has been focusing on the crypto art movement this week, in a series of features exploring ephemerality, art communities and collaboratives, and censorship.

Original artworks by Cointelegraph artists will be on display at the exhibition, alongside works from noted crypto artists including Coldie, Hackatao, AlottaMoney, XCOPY, Josie Bellini, Shortcut, BlackBoxDotArt, MLIBTY, TwistedVacancy, Matt Kane, Rutger van der Tas, Vans Design, and Connie Digital.

More information on Cointelegraph Magazine Art Week and the Citadel 6.15 Virtual Art Show can be found here.

(Artworks courtesy async.art)

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Algorithmic Crypto Art Changes Appearance to Reflect Bitcoin Volatility - Cointelegraph

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Deep Learning: What You Need To Know – Forbes

AI (artificial Intelligence) concept.

During the past decade, deep learning has seen groundbreaking developments in the field of AI (Artificial Intelligence). But what is this technology? And why is it so important?

Well, lets first get a definition of deep learning.Heres how Kalyan Kumar, who is the Corporate Vice President & Chief Technology Officer of IT Services at HCL Technologies, describes it:Have you ever wondered how our brain can recognize the face of a friend whom you had met years ago or can recognize the voice of your mother among so many other voices in a crowded marketplace or how our brain can learn, plan and execute complex day-to-day activities? The human brain has around 100 billion cells called neurons. These build massively parallel and distributed networks, through which we learn and carry out complex activities. Inspired from these biological neural networks, scientists started building artificial neural networks so that computers could eventually learn and exhibit intelligence like humans.

Think of it this way:You first will start with a huge amount of unstructured data, say videos.Then you will use a sophisticated model that will process this information and try to determine underlying patterns, which are often not detectable by people.

During training, you define the number of neurons and layers your neural network will be comprised of and expose it to labeled training data, said Brian Cha, who is a Product Manager and Deep Learning evangelist at FLIR Systems.With this data, the neural network learns on its own what is good or bad. For example, if you want the neural network to grade fruits, you would show it images of fruits labeled Grade A, Grade B, Grade C, and so on. The neural network uses this training data to extract and assign weights to features that are unique to fruits labelled good, such as ideal size, shape, color, consistency of color and so on. You dont need to manually define these characteristics or even program what is too big or too small, the neural network trains itself using the training data. The process of evaluating new images using a neural network to make decisions on is called inference. When you present the trained neural network with a new image, it will provide an inference, such as Grade A with 95% confidence.

What about the algorithms?According to Bob Friday, who is the CTO of Mist Systems, a Juniper Networks company, There are two kinds of popular neural network models for different use cases: the Convolutional Neural Network (CNN) model is used in image related applications, such as autonomous driving, robots and image search. Meanwhile, the Recurrent Neural Network (RNN) model is used in most of the Natural Language Processing-based (NLP) text or voice applications, such as chatbots, virtual home and office assistants and simultaneous interpreters and in networking for anomaly detection.

Of course, deep learning requires lots of sophisticated tools.But the good news is that there are many available and some are even free like TensorFlow, PyTorch and Keras.

There are also cloud-based server computer services, said Ali Osman rs, who is the Director of AI Strategy and Strategic Partnerships for ADAS at NXP Semiconductors.These are referred to as Machine Learning as a Service (MLaaS) solutions. The main providers include Amazon AWS, Microsoft Azure, and Google Cloud.

Because of the enormous data loads and complex algorithms, there is usually a need for sophisticated hardware infrastructure.Keep in mind that it can sometimes take days to train a model

The unpredictable process of training neural networks requires rapid on-demand scaling of virtual machine pools, said Brent Schroeder, who is the Chief Technology Officer at SUSE. Container based deep learning workloads managed by Kubernetes can easily be deployed to different infrastructure depending upon the specific needs. An initial model can be developed on a small local cluster, or even an individual workstation with a Jupyter Notebook. But then as training needs to scale, the workload can be deployed to large, scalable cloud resources for the duration of the training. This makes Kubernetes clusters a flexible, cost-effective option for training different types of deep learning workloads.

Deep learning has been shown to be quite efficient and accurate with models.Probably the biggest advantage of deep learning over most other machine learning approaches is that the user does not need to worry about trimming down the number of features used, said Noah Giansiracusa, who is an Assistant Professor of Mathematical Sciences at Bentley University.With deep learning, since the neurons are being trained to perform conceptual taskssuch as finding edges in a photo, or facial features within a facethe neural network is in essence figuring out on its own which features in the data itself should be used.

Yet there are some notable drawbacks to deep learning.One is cost.Deep learning networks may require hundreds of thousands or millions of hand-labeled examples, said Evan Tann, who is the CTO and co-founder of Thankful.It is extremely expensive to train in fast timeframes, as serious players will need commercial-grade GPUs from Nvidia that easily exceed $10k each.

Deep learning is also essentially a black box.This means it can be nearly impossible to understand how the model really works!

This can be particularly problematic in applications that require such documentation like FDA approval of drugs and medical devices, said Dr. Ingo Mierswa, who is the Founder of RapidMiner.

And yes, there are some ongoing complexities with deep learning models, which can create bad outcomes.Say a neural network is used to identify cats from images, said Yuheng Chen, who is the COO of rct studio.It works perfectly, but when we want it to identify cats and dogs at the same time, its performance collapses.

But then again, there continues to be rapid progress, as companies continue to invest substantial amounts into deep learning.For the most part, things are still very much in the nascent stages.

The power of deep learning is what allows seamless speech recognition, image recognition, and automation and personalization across every possible industry today, so it's safe to say that you are already experiencing the benefits of deep learning, said Sajid Sadi, who is the VP of Research at Samsung and the Head of Think Tank Team.

Tom (@ttaulli) is the author of Artificial Intelligence Basics: A Non-Technical Introduction and The Robotic Process Automation Handbook: A Guide to Implementing RPA Systems.

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Deep Learning: What You Need To Know - Forbes

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Deep Cleaners Have Their Day in a Nation Paralyzed by a Pathogen – Scientific American

As it travels between hosts, SARS-CoV-2, the virus that causes Covid-19, appears as a tiny, spiky orb, between 50 and 200 billionths of a meter across. Expelled from the human body by a cough, say, or a well-placed sneeze the virus can settle on surfaces, where it sits, microscopic and immobile, for hours or even days. If something comes along and touches the surface, the virus can travel with it to a human hand, then from a hand to a face, and from there into the body.

Unless, that is, something destroys it first.

We're working 24 hours, said Reuven Noyman, the owner of NYC Steam Cleaning, which has four crews sanitizing buildings across New York City and the suburbs. Standing in a clients gym in Gravesend, Brooklyn, Noyman gestured to one of his lead technicians, Harrison Marx, an actor who cleans to pay his bills. He was working until one oclock at night last night.

As the Covid-19 pandemic overwhelms hospitals and shuts down American cities, it has also placed new demands on janitors and specialized cleaners. Theyre overwhelmed. Theyre being called all the time, said Patty Olinger, the executive director of the Global Biorisk Advisory Council, a division of ISSA, a cleaning industry trade association.

Cleaners with no experience with disinfection, Olinger said, are suddenly being asked to treat buildings. And opportunists are rushing to open new businesses to serve the boom in demand an effort sometimes hampered by a shortage of equipment. The lack of experience worries Olinger. To really clean, from a scientific standpoint, from a technique standpoint, is really an art for a lot of folks, she said. An inept cleaner will miss pathogens. And taking off protective equipment incorrectly can expose cleaners to infection something Olinger saw while working during the Ebola crisis.

In recent weeks, GBAC has rushed out online trainings and certifications to help prepare frontline workers during the pandemic. And for many Americans, that often-invisible work has suddenly come to seem essential, as officials scramble to contain the virus pandemic and people grapple with fears of a lurking pathogen.

Noymans crews do use cloth and elbow grease to clean, but their core business involves more specialized equipment. They lug 100-pound carpet cleaners up stairs. They hose down whole rooms with jets of scalding steam from a $4,900 Italian-made machine. They also use spray guns that mist surfaces with electrically-charged droplets of a chemical disinfectant.

Crews like this one are now servicing Wall Street offices, buses, and schools. Just recently, Noyman said, they have treated a Ferrari dealership; the embassy of a large island nation; the five-story office of a Chinese bank; the headquarters of a trendy fitness startup; and a fleet of delivery trucks parked in New Jersey. They work for A-listers who live in eight-figure apartments and make them sign non-disclosure agreements.

Four weeks ago, when Noyman started getting Covid-19-related calls, it was just people taking precautions: Were worried about the virus, please come clean our office. That soon changed. The last week, every place were going to had a case, Noyman said. There was a building with a doorman who got sick; a crew deep-cleaned the lobby. A nail salon called after a customer tested positive. Noyman sent a crew.

Standing in the Gravesend gym, Noyman, Marx, and another technician at the company, Samuel Esquivel, demonstrated some of their equipment.

The steam cleaner is bulky but simple: essentially a water tank, a 5-liter stainless steel boiler, a heating rod, and a nozzle. The hot cone of steam, emerging at 220 to 240 degrees Fahrenheit, scalds a surface and quickly cools. Marx and Noyman have scars on their forearms from brushing the hot tip.

The electrostatic sprayers are lighter and more nimble, but they require more care: the sprayer wears a respirator and now, in places with the potential presence of Covid-19, full-body ProGard coveralls. Crews enter a potentially contaminated building in full gear, and they often spray themselves down before undressing, in case theyve picked up something on the way. Each device mists a solution of chloride-based disinfectant essentially, bleach or a close chemical relative. As the mist emerges from a nozzle, a small electrode near the tip applies a powerful electric charge to the spray. The charge causes the spray droplets to repel each other, but to be attracted to virtually any other surface around, like hair clinging to a staticky balloon.

The attraction is strong enough that the droplets, each around 400 times larger than a coronavirus, will actually float upward and coat the undersides of surfaces.

The charge helps [the droplets] line up next to each other and not pool or puddle, so they cover surfaces completely, wrote Heidi Wilcox, a microbiologist and commercial cleaning consultant, in an email. The user can wave the sprayer under a hospital bed and it will get into the cracks and small spaces of the springs and other parts of the bed.

Once there, the chemicals begin to act on any microbes. Chlorides are powerful oxidizers, meaning they snag electrons from other molecules, unraveling proteins and damaging membranes. Once there, given enough time, these disinfectants will damage the virus, neutralizing it.

A study published in the New England Journal of Medicine last week found that SARS-CoV-2 can persist on some surfaces for up to three days in amounts sufficient to get someone sick. The Centers for Disease Control and Prevention suggests that people concerned about spreading the virus regularly wipe down frequently touched surfaces, like doorknobs and light switches, with a strong disinfectant.

Whether full-room disinfections are necessary is not always clear. Certainly, its not sufficient to keep a space safe: The virus can also be transmitted from droplets floating in the air, not just surfaces. As Noyman points out, the moment cleaners leave, passers-by begin to undo all their work.

And some cleaning methods have only mixed support. The Environmental Protection Agency has put out a list of approved disinfectants for use against SARS-CoV-2, but steam does not appear among them. Olinger said that, based on current evidence, while steam can kill the virus, it needs a lengthier application time than some users may realize. At this point during the pandemic I would not use steam at all, Wilcox wrote, citing a lack of strong evidence. Some industry representatives, including Wayne Delfino, whose family owns Advanced Vapor Technologies of Everett, Washington, however, insist that steam works. The companys non-chemical, Thermo Accelerated Nano Crystal Sanitation technology, he wrote in an email, has been tested and proven effective on harder-to-kill viruses and on a similar human coronavirus.

While opinions vary, thorough cleaning of any kind can offer some peace of mind and many techniques do kill pathogens. Any time you can minimize your exposure, you're helping yourself out, said Jonathan Sexton, an environmental microbiologist at the University of Arizona who studies disinfection.

As SARS-CoV-2 spreads through New York, demand for cleaning is high. Meeting that demand may only get more challenging. Some of Noymans staff are already working 16 and 17-hour days. It is getting difficult to secure the chemicals they use in electrostatic systems. Noyman recently ordered a truckload, and received only five boxes. Hes being careful with what stock he has. I'm not keeping them in trucks, Noyman said. I'm keeping them in the warehouse in case someone breaks into a truck.

People are stealing anything they could now, he added. We're not leaving masks in the truck.

For now, work continues, as crews chase the virus all over the countrys biggest city and pandemic epicenter. Over the years, Noyman said, it can feel like he has been everywhere.It's a big city," he said, "but it's not that big.

This story was jointly produced by Scientific American and Undark.

Read more about the coronavirus outbreakhere.

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6 Ways To Boost Your Inner Zen Right Now – Thrive Global

During this time when so much of our everyday life has been disrupted, it can be helpful (if not essential!) to explore how we can stay calm and find creative ways to connect with others.

These are trying times for all of us. You might feel disoriented, lonely or isolated. You may be spinning into worst-case-scenario thinking, filled with worried thoughts about work, family, health and finances. The truth is, while you cant control the outside world, you can control your internal world and choose how you think about your current circumstances.

Mindfulness tools offer some insights into how we can begin to be at peace with our inner experience, find clarity, and become centered in the midst of uncertainty. This is crucial for remaining calm in a crisis and supports us in living a happy, connected and meaningful life.

Here are six ways mindfulness teaches us how to connect with our inner zen.

Radical Acceptance of What Is: Being stuck at home is challenging, but your mindfulness practice can help you stay in the present moment and accept this with a more open and curious mind. You may be tempted to push the tough stuff away, but resistance only increases suffering. When you accept what you cannot change, you can refocus your energy on day to day goals like staying healthy, learning new skills, and becoming stronger and more resilient.

Finding Equanimity: Equanimity is mental calmness and composure in the face of difficult situations. It helps you accept lifes ups and downs, and not get thrown by the highs and lows. In meditation, teachers often invite us to embody the idea of a mountainstrong and steady with a stable base and a broad view from the top. When anxious feelings arise, use this visualization to reset your view and center yourself.

Choosing Your Thoughts: Mindfulness practice shows you, that you are not your thoughts. In fact, your thoughts are often generated automatically and it is easy to get caught up in negative spirals, especially when you are anxious. Mindfulness tools give you the power to practice new ways of thinking that can create more ease and comfort in your life. When you notice a negative thought, try saying cancel, cancel to move it out of your mind and come back to the present moment.

Practice Gratitude: Research has shown that a gratitude practice is linked to increased physical and mental wellbeing. Counting your blessings and practicing gratitude can directly counterbalance negativity bias and help you be more appreciative overall. The trick here is to take some time each day to write down three to five things that youre grateful for. As you write them down, picture them in your mind and feel the emotions associated with them. You can list big things such as your health and loved ones or smaller things like a smile from a stranger or the smell of your morning tea.

Choose Your Words:While it can be helpful to share your honest feelings, avoid engaging in speculative or sensationalist conversations while talking to others. Catastrophizing will only make you feel worse. Instead, try to refocus the conversation to more positive and solution-oriented topics.

Take A Deep Breath:Whenever you notice your mind creating worst case scenarios or having anxious thoughts, pause for a moment, place one hand on your belly, and take a deep inhalation. Inhale as deeply as you canall the way into your belly (but dont force it). Then, exhale as slowly as possible. Repeat this for a few breath cycles. Next, breathe in gently and regularly: count to three on the inhalation and six on the exhalation. Repeat this for three to five minutes.

Whether you are just starting your mindfulness practice or an experienced practitioner, now is a perfect time to check out the free meditations in Muse that are a part of the Stress Less Challenge (download the app) and the SOS Calm Collection, also free in the Meditation Studio app.

As we adapt to this new and slower way of life, it is a great time to reset and form new healthy habits that will help us become happier and more resilient in the future.

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6 Ways To Boost Your Inner Zen Right Now - Thrive Global

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Pro Surfer Gabriel Medina On Being The Brand Partner Of Polo Deep Blue Parfum And Competing In The Olympics – Forbes

The power of the ocean has served as a muse for many. Now its the inspiration behind the latest addition to Ralph Lauren Fragrances bestselling Polo Blue franchise, Polo Deep Blue Parfum. It captures the ocean in a bottle with its fresh, invigorating scent. For Polo Deep Blue Parfum, I was inspired by the natural beauty of islands, says Carlos Benaim, Master Perfumer, Polo Deep Blue Parfum. The starting point was the break of the waves on a tropical beach. I wanted to recreate the smell of sea spray in the air mixed with dewy fruits. I chose sparkling citrus and dewy Hawaiian mango to capture the invigorating effect triggered by the wavesa certain form of fluidity, almost liquidity. The heart of the fragrance translates the crashing waves, the power of seawater with a marine salty effect at the heart. To me, it is a true representation of the energy of the islands through its primal natural elements.

Polo Deep Blue Parfum is a blend of Hawaiian green mango, cypress oil and deep ocean accord. Professional surfer and two-time world surf championGabriel Medinais the brand partner of the new fragrance. Hell be participating in theOlympics next summer on behalf of Brazil, where surfing will make its debut as an Olympic sport. Polo Blue brand partner Medina gives us the scoop on riding the waves and Polo Deep Blue Parfum.

A Gabriel Medina Deep Blue campaign image

Why did you decide to partner with Ralph Lauren Fragrances? Im honored to be a part of the Polo Deep Blue campaign because it celebrates the power of our oceans. Being a surfer my whole life, the ocean has always been a huge part of who I am, so it was easy for me to say yes and be a part of this. Plus, Ive always admired Ralph Lauren. Its an iconic brand but still so modern and cool.

What has working with Ralph Lauren Fragrances taught you about grooming? Working with Ralph Lauren has shown me the power of fragrance and the effect it can have. When Im wearing Polo Deep Blue Parfum, I feel confident to take on anything.

What do you like about Polo Deep Blue Parfum? It has a great refreshing scent that I like. Many times people compliment the scent and ask me what I am using; it gives you a boost of confidence and is a scent that most people like too.

Polo Deep Blue Parfum

What about it reminds you of surfing and the ocean? Polo Deep Blue Parfum features powerful, energizing notes that reminds me of power of the waves.

What is your typical grooming routine? It starts with a warm shower, where I use good hair and skin productsas I spend a lot of time in the ocean and exposed to the sun I need to be always careful. Lastly, but most importantly, I have [to] smell nice, so a good spray of Polo Deep Blue Parfum does the final touch.

How do you like to wear fragrance? It depends on the occasion, but I use Polo Deep Blue Parfum whenever I need an extra boost of energy or freshness.

What are your favorite smells? I love the smell of homemade chocolate.

A Gabriel Medina Deep Blue campaign image

How did you initially get into surfing? When I was young, about 7 years old, I was into football and at that time my best childhood friend called me to go out surfing with him. I got hooked at the very first wave I caught.

What do you love most about being a professional surfer? What I love the most in being a pro surfer is being able to travel the world, learn about new cultures, food and getting to surf at the most beautiful spots in the planet while doing what I like the most for a living.

What goes through your mind while youre surfing? So many things, its almost indescribable. There are days that its pure freedom of expression, other days are an adrenaline rush, and when the waves are big, some fear and anxiety kicks in. But in general, its pure joy and the way my mind is at its most peaceful place.

How do you feel about competing in the upcoming Olympics on behalf of Brazil, especially since surfing is making its debut as an Olympic sport? Its such a great feeling. Having the opportunity to represent my country on a global stage such as the Olympics will be a dream come true. For those who never tried surfing, go tryits such a fun and healthy sport to practice!

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Bitcoin Dominance Could Soar to 90% amid Economic Crisis, Crashing Altcoin Market – newsBTC

More and more traders would dump their altcoin investments to seek shelter in bitcoin amidst a deepening financial crisis, according to Qiao Wang, head of product at Messari.

The New York-based angel investor said Wednesday that he expects bitcoins dominance to rise above 90 percent by the end of the ongoing economic slowdown. The term Bitcoin Dominance refers to bitcoins market value relative to that of the broader cryptocurrency market comprising of more than 5,000 assets.

Mr. Wang took cuesfrom the US dollar, a global reserve currency that behaves as a hedge for emerging economies in times of a worldwide financial crisis, notingbitcoin could offer similar protection to traders with extreme exposure in highly volatile and illiquid crypto assets. He wrote in a tweet published Wednesday:

Bitcoin is to [alternative cryptos] as the USD is to EM currencies, except the Bitcoin Open Miners Committee cant unilaterally inflate the supply enough to offset the relative increase in demand.

Mr. Wangs statements came at the time when almost every higher-, medium-, and lower-cap digital assets logged losses against bitcoin. For instance, the second-largest token by market cap, Ethereum, was trading more than 25 percent lower against bitcoin from its year-t0-date top. Similarly, the third-largest XRP was down by circa 24 percent.

Overall, about $58 billion worth of capital flew out of the altcoin market from February 15 until today. Part of it reached the US dollar market as investors sought cash to cover their margin calls. And the other ended up in bitcoin that pushed its market dominance up from its YTD low of 61.98 percent to as high as 67.91 percent this Wednesday.

Bitcoin Dominance inching higher as economic crisis looms | Source: TradingView.com

Bitcoins market capitalization, on the other hand, plunged from $189 billion to $121 billion within the same timeframe. It shows that cash remained an indisputable hedge against the worsening macroeconomic sentiment, further validated by the upside bias of the US Dollar Currency Index (Ticker: DXY). It was up 5.83 percent from its YTD low at the time of this writing.

Following the US governments $2 trillion coronavirus relief package, DXY has plunged by up to 2.86 percent. At the same time, bitcoin is up by a modest 1.94 percent.

The upside move has followed a bullish narrative that projects the cryptocurrency as a deflationary alternative to an open-ended dollar supply system. As central banks and governments introduce major stimulus programs to safeguard their economies from Coronavirus-induced crisis, some top analysts believe part of the free cash would make its way into the bitcoin market.

As for altcoins, they are most likely to feel sidelined as investors feel the real market pressure in the coming weeks or months. While bitcoin could feel the same owing to higher cash demand, its likelihood of stealing capital from the altcoin market seems higher owing to its relatively lower volatility and higher liquidity.

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