News

Mayflower Tar Sands Spill Shows What Can Go Wrong With Keystone XL

ExxonPipelineSpill2

Public comment is being accepted until April 22nd for the Keystone XL Pipeline project which would transport, via pipeline, nine times as much crude as the pipeline that just ruptured in Mayflower Arkansas. You cannot clean up oil once it’s in the dirt, the water, coating wildlife. And you can’t eat it either, it’s not…

Robots Closer to Humanoid Movements

Is this a human or a ‘droid? Boston Dynamics PETMAN robot is used to test hazardous materials gear. The robot has sensors on its ‘skin’ to detect chemical leaks. It’s skin sweats to regulate temperature.

Green Tech

Unfair Share: How Oil & Gas Drillers Avoid Paying Royalties

photo courtesy Adventures of KM&G-Morris

by Abrahm Lustgarten, originally published on ProPublica Don Feusner ran dairy cattle on his 370-acre slice of northern Pennsylvania until he could no longer turn a profit by farming. Then, at age 60, he sold all but a few Angus and aimed for a comfortable retirement on money from drilling his land for natural gas…

What’s So Great About Bitcoin?

There’s lot’s to like about Bitcoin, the Internet currency that’s been in the spotlight of late. It’s a completely digital, secure, anonymous and decentralized way to transfer currency for goods and services. Sure, you can’t buy groceries at the store with bitcoin – yet. But the number of transactions goes up daily, from 1000 to 50,000 per day over the past two years.

Bitcoin is currently experiencing a bubble. A single bitcoin that may have been worth a dollar or two a few years ago cashes in today for around $140. Lots of people getting interested real fast! You can buy and sell bitcoins, but you can also “mine” them, by having your computer solve mathematical puzzles buried in “blocks” of code. You solve the problem, you earn 25 bitcoin. A new block of code is generated every ten minutes. There’s an ultimate limit to bitcoin of 21 million by the year 2140. It’s a fascinating system.

Because bitcoin doesn’t use central banks, banks are starting to take notice too. Imagine a world without banks that are “too big to fail.”

Here’s an intro to bitcoin: