About the The Iceland Job and Dubai innovations

Good morning traders! I hope everyone and their portfolio is doing fine :) Let's see, what's going on in the world of cryptocurrencies.

Live in Iceland and plan to use a lot of power for your new server park? Then you're a suspect for one of the most curious Bitcoin-related heists.

According to the authorities in Iceland, around 600 Bitcoin mining machines have been stolen over the period of Dec 2017 - January 2018. The mining computers total for a worth of $2 million, which makes the cost of one machine around 3300 dollars. Whather this is the standard cost for a Bitcoin mining rig, i'm not sure, but some mining company has lost quite a bit of revenue from this robbery.

As the cost of electricity is cheap in Iceland, bigger miners have been flocking the cold country in hopes of better returns. Now the police are watching suspicious power, data and storage space surges to get some hint of the whereabouts of the missing rigs.

Read more about the heist here on apnews.com

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_{Via bitcoinist.com}

Dubai manages to surprise us again. First flying taxis, now they plan to blockchainify travel. How does that work again?

Well, to enhance their travel industry and make planning your personalised travel more easier, transparent and cheaper, they plan to bring all travel companies to the blockchain, where every piece of data is instantly available for all parties. This will enable the smaller, but more attractive and personal travel companies to shine from behind the travel industry whales.

By having all data available at hand, planning your travel will also become easier, like planning a bus route. This platform has great expanding potential, by allowing various additional services to be available for travelers - hotels, car rentals etc.

As a matter of fact, the Dubai is already working on a blockchain vehicle info platform, so it will be only a matter of time, when the many platforms will merge.

_{Via bitcoinist.com}

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Lastly, as Bitcoin dominance is again growing in the cryptocurrency world, phneep brings us this excellent artwork of a clash between the worlds reserve currency, the US dollar and the mighty Bitcoin. The US dollar is a slow but necessary behemoth, but is challenged by the winds of change.

_{Via phneep.com}

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_{Title image from pixabay}

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