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Technology

27May 2017

Bitcoin soars 180% in five months to reach £2,050 ($2625.84)

Bitcoin boom: The online-currency is trading at £2,050 for one bitcoin - up 180% in a year

Bitcoin boom: The online-currency is trading at £2,050 for one bitcoin – up 180% in a year

Incredibly, according to Reuters those who bought $100 (£77) of bitcoin at the 0.003 cent price on May 22, 2010, would now be sitting on more than $73million (£56million).

Created in 2009, bitcoin is a type of virtual currency that is free from government interference and can be shared instantly online.

23May 2017

China claims breakthrough in mining ‘flammable ice’

Methane hydrate

China has for the first time extracted gas from an ice-like substance under the South China Sea considered key to future global energy supply.

Chinese authorities have described the success as a major breakthrough. Methane hydrates, also called “flammable ice”, hold vast reserves of natural gas. Many countries including the US and Japan are working on how to tap those reserves, but mining and extracting are extremely difficult.

21May 2017

10 home batteries that rival Tesla’s Powerwall 2

elon musk teslaTesla

Tesla is far from the only company looking to profit off of rechargeable batteries for the home.

At-home batteries are a necessary purchase for anyone looking to convert their home to solar power. The batteries store the electricity generated by solar panels, which can then be used at night or during peak grid times to save money on your electricity bill.

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