Daily Crypto NewsEDITION #348, 12 November 2021

Have a great trip to Kazakhstan!

🥳 Hey Moni Maker

Today, in 1957, in Great Britain, the Post and Telegraph Office announced the introduction of zip codes. Yes, every address, person and device must have a unique number to make it easier for the society around you to send you a parcel/track your location and make you pay taxes. We all have unique addresses in crypto too, but often we see the airdrops on them - and not everyone can associate an identity with the numbers and letters on the screen. 

In short, uniqueness is both bad and good. Well, don't worry about it, and let's read Digest. Let's go! 

But not all of that hash power went so far. Kazakhstan, which has become the 

second-most-popular country for Bitcoin mining according to data from the Cambridge Centre for Alternative Finance, is at a crossroads thanks to reduced natural resources, a desire to move toward renewable alternatives, and calls from regulated miners to clean up an underground crypto economy.

Kazakhstan Energy Minister Magzum Mirzagaliyev assured crypto miners yesterday that regulated operations wouldn't be cut off from the national grid. However, so-called grey miners, those that aren't registered with the government, may soon find themselves having to make a choice between registering or getting out of the country.

So what? 

Well done! They don't ban you, they don't harass you, they just ask you to register. Miner, have you drunk koumiss yet? 

Investor and NFT entrepreneur Gary Vaynerchuk is incredibly bullish on the future of NFTs, including for collectibles, ticketing, and more. Even so, however, he believes that a significant pullback in valuation is sure to happen.

“The conversation is about to get very interesting when we hit an NFT winter, because there's way too much short-term greed, and supply and demand issues,” he said, while discussing why he believes people buy and invest in NFTs.

So what? 

Judging by sales, it's f@cking July in the NFT world. Or June. In short, winter is a long way off... or not? What do you think, young weatherman? 

Cool, now we can use USDT on Avalanche. 

So the news r positive, because being inside Avalanche is even more friendly. It's a great step in development.

By the way, not so long ago Avalanche accepted investments from funds and it's very noticeable that the chain is really developing. Respect.

Mining pools. They are combining the power of miners. Mining requires a lot of computing resources, which is why pools were formed - because you can combine a lot of small ones and get the same thing.

And more you can find in our Glossary!

And you...buy Bitcoin! (it's a good time!)