Trending November 2023 # Maxusdt Limited – The Pioneering Firm Behind Groundbreaking Cloud Mining And Defi Hardware # Suggested December 2023 # Top 15 Popular

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Cloud mining enables users to remotely mine cryptocurrencies using shared processing power. Utilizing a remote data center is employed. This method allows users to mine Bitcoins, Ethereum, and other cryptocurrencies without having to manage the hardware. The mining company owns the facility that houses the mining rigs. Registration is required for mining contracts.

Cloud mining is a method for generating new coins for circulation. With cloud mining, you can earn money without making an initial investment. To build a mining rig, you need an Application-Specific Integrated Circuit (ASIC) or a graphics processing unit (GPU).

The objective of a cloud mining network for a miner is to add individual blocks to the blockchain by solving complex mathematical problems that demand a substantial amount of computational and electrical power. While numerous miners compete to add each block to the blockchain, the miner who solves the problem will add the block and its approved transactions. This miner’s account is credited with the reward. In addition, MAXUSDT Limited is widely regarded as one of the most trustworthy companies in the cloud mining industry.

MAXUSDT Links MAXusdt(TRX) Registration Link (TRX) MAXusdtDeFi Registration Link (USDT) Telegram Channel Official Website Facebook Twitter White Paper License & Certificate


is an established and specialized crypto-mining platform that was launched in 2023. It provides excellent investment opportunities to anyone who is interested in USDT and TRON. MAXusdt(TRX) is releasing its most recent development in the realm of cryptocurrencies, which not only reduces the risk involved in investment activities but also makes the transition into cryptocurrency more straightforward. Over the course of their professional careers, the MAXusdt(TRX) team has accumulated over two years of experience working in cryptocurrency and capital investment.

It offers investors a high return on investment, a reduced risk, and an easy method for allocating their funds into cryptocurrency investments. MAXusdt(TRX) functions in the cryptocurrency market in a manner that is analogous to that of a mutual fund. It offers investors a wide variety of investment opportunities while simultaneously lowering the risks and challenges that are typically associated with trading in the cryptocurrency market. 

To start turning a profit from cloud mining, all that is required of you is to sign up for an account on the MAXusdt(TRX) website and choose a contract. After that, you will be able to start making money. The capacity, duration, and referral level of each contract are all uniquely different from one another. Do not overlook the significance of looking into the referral program; if you pass along useful information to your friends, you can earn bonuses. Do not overlook the significance of looking into the referral program. You have the opportunity to make up to 80 TRX for each new user who joins the platform as a direct result of your invitation. The maximum percentage rebate available on trades is 18%, while the maximum percentage rebate available on deposits is 15%.

The implementation of a brand-new Mining Cycle Model that was recently developed has made it possible for users to generate high returns in a relatively short period of time. This is due to the fact that users now have access to the most recent version of the model. If users have TRX tokens deposited into promotional accounts, then they are eligible to participate in the subsequent mining cycle. Users who make an investment in the new mining cycle are eligible to receive a daily return of between 2.5 percent and 11 percent for the duration of their investment, provided that the investment is maintained. This return is only available to users who maintain their investment. When the allotted amount of time has passed, users will be given the option to move the total mining returns from the promotion account to their own personal wallets. This option will become available after the time limit has been met.

MAXusdt(TRX) has a dedicated support team that is available to assist users in resolving any issues they may be experiencing and answering any questions they may have. MAXUSDT offers 12 hours of support (8pm to 8am UTC +8) daily. You can be in any part of the world and still receive appropriate and timely support when you use MAXusdt (TRX). This is made possible by the decentralized nature of the MAXusdt platform.

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Embracing The Future Of Cryptocurrency With Cloud Mining And Gbitcoins

In the dynamic world of digital currencies, a paradigm shift is underway. The dawn of cloud mining has introduced a new way to mine cryptocurrencies, offering a more accessible and economically feasible solution. Amid this evolution, one platform stands out by redefining the standards of cryptocurrency mining: Gbitcoins. With its global reach, diverse user base, and unwavering focus on profitability, Gbitcoins is leading the way in transforming the approach to cryptocurrency mining.

Understanding Cloud Mining

Before learning more about Gbitcoins, it is essential to understand what cloud mining is and how it works. Cloud mining is a process wherein Bitcoin or other cryptocurrencies are mined using a remote data center with shared processing power. This model allows individuals to mine cryptocurrencies without managing the hardware directly.

Traditional mining requires the miner to own, operate, and maintain expensive physical hardware. These machines, paired with their significant energy consumption, can make mining a financially challenging endeavor. Cloud mining overcomes these obstacles, allowing users to rent part of the mining hardware and start mining immediately. This model democratizes the mining process, making it accessible to a wide array of individuals, regardless of their technical skills or financial capabilities.

How Does Cloud Mining Compare To Traditional Mining?

Traditional mining, also known as hardware mining, involves a significant investment in time, money, and technical knowledge. As mentioned, one needs to buy, set up, and manage their own mining hardware, which can be an expensive and daunting task. In addition, the high energy consumption of traditional mining can lead to exorbitant electricity bills.

What is Gbitcoins?

Founded in 2023, Gbitcoins emerged as one of the first companies to provide cloud mining services, ushering in a new era in the world of cryptocurrency mining. With a vision of democratizing access to the latest technology and large industrial data centers, Gbitcoins is dedicated to ensuring that everyone can benefit from cloud mining, whether they’re using a laptop or mobile phone.

Today, after years of continuous development and innovation, Gbitcoins proudly operates five mining farms across the globe, serving members in more than 200 countries and regions. The platform has won the trust of over 490,000 users worldwide, a testament to its reliability, efficiency, and commitment to user satisfaction.

Why Choose Gbitcoins?

When contemplating a platform for cloud mining, one question comes to mind: why should Gbitcoins be the choice? The answer lies in the unique features and benefits it offers:

Shorter Package Cycles

Unlike other platforms where investments can be locked for extended periods, Gbitcoins provides shorter package cycles. This flexibility allows users to enjoy quicker returns on their investments, enhancing the overall user experience.

Higher Profits Expert Team

Backing Gbitcoins is a formidable team of experts with years of experience in cryptocurrency, blockchain technology, and financial services. Their expertise ensures that the platform stays ahead of the curve, offering users the most efficient and profitable mining opportunities.

A Diverse User Base

Gbitcoins is proud to serve a diverse user base spread across the globe. This diversity not only speaks volumes about the platform’s reliability but also fosters a global community of like-minded individuals sharing their experiences and insights, thereby enhancing the platform’s collective knowledge and strength.

Project Income and Profit

Gbitcoins is transparent about its project income and profit, providing users with a clear understanding of their potential earnings. This transparency instills confidence in users, knowing that there are no hidden charges or unaccounted costs.

The Invite Friends Plan

A unique feature of Gbitcoins is the “Invite Friends” plan. This program allows users to earn passive income without any investment, just by inviting their friends to join the platform. This initiative provides an additional stream of revenue, making Gbitcoins an even more attractive option for cloud mining enthusiasts.

In Summary: The Gbitcoins Advantage

In the vast sea of cloud mining platforms, Gbitcoins stands out. With a user-friendly interface, shorter package cycles, and higher profit margins, it has quickly become the go-to platform for both beginners and seasoned miners alike. The platform’s unwavering commitment to transparency and its robust ‘Invite Friends’ plan further strengthen its position as a leader in the industry.

Gbitcoins’ Commitment to Transparency

In an industry where transparency is of utmost importance, Gbitcoins set a high standard. It provides clear visibility of its project income and profit, ensuring users can make well-informed decisions about their investments. This openness helps build trust and confidence in the platform, creating an environment where users can feel secure about their investments.

Gbitcoins fully understands the potential risks involved in cryptocurrency mining and takes every necessary step to mitigate them. It maintains strict security protocols and leverages state-of-the-art technologies to protect users’ data and funds. By prioritizing security and transparency, Gbitcoins is not just a platform for cryptocurrency mining—it’s a partner you can trust in your cryptocurrency journey.

Setting Sail on a Profitable Journey with Gbitcoins

Gbitcoins, with its unique features and benefits, stands out as a distinguished platform in this sector. By choosing Gbitcoins, users are not only opting for a cloud mining platform but are also becoming part of a dynamic, global community that’s at the forefront of digital currency mining.

What Is Cloud Mining & How It Works?

What is Cloud Mining?

Cloud mining is a mechanism to mine cryptocurrency such as bitcoin, using rented cloud computing power without installing or directly running the hardware and related software. The mining rigs are housed, and it is maintained in a facility owned by a mining company, and the customer just need to need to register and purchase mining contracts or shares.

It is an alternative to the traditional cryptocurrency mining system. Mining maintains the security of the Proof of work blockchain by ensuring transaction validations are decentralized. Users are awarded block rewards as users validate transactions. In the earlier Bitcoin cloud mining days, miners used sophisticated mining equipment. As the number of miners increased, block rewards decreased, and block rewards are halved at intervals.

Bitcoin Cloud mining firms help you to open an account and remotely participate in cryptocurrency mining for an essential cost, making mining accessible to many people across the world. As, this form of mining is done via the cloud, it reduces equipment maintenance or direct energy costs.

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How does Cloud Mining Work?

Connected miners

Cloud mining works on the basic principle of Cryptocurrency mining. In Cloud mining, miners pool their mining power together to solve complex mathematical problems using shared equipment.

In the crypto cloud mining process, you pay for mining shares while the mining company caters to the technical aspect of the mining process. The mining rigs are usually housed and maintained in a facility owned by the mining company. These companies provide hash rate contracts, and one purchases a specific hash rate for a specified period.

The whole mining operation is important for ensuring the security of a distributed ledger like a blockchain. Part of the cryptocurrency mining process involves adding new transactions or blocks. Moreover, miners take extra steps to double-check that there are no errors or that the transactions are correct.

Bitcoin miners ensure that the repetition does not occur during mining bitcoin. There feature of digital currencies known as “double-spending.”

The possibility of a cryptocurrency being used twice, or more is known as double-spending. It is possible to manipulate the history of transactions on a blockchain. Changes to the blockchain are possible if certain requirements are met; the adjusted individual may then claim any previously lost coins to the system. In a decentralized fashion, miners employ their processing capacity to solve cryptographic riddles that prevent double-spending.

Getting Started with Cloud Mining

The process involved in cloud mining is easier than conventional cryptocurrency mining.

Step 1) Decide To begin cloud mining, you must choose a cloud mining company.

It would be ideal for you to do proper research to find the best cloud mining platform for your interest.

Step 3) Afterward, you should select the coin you intend to mine. Once you are certain about it, you should register for an account with your preferred cloud mining company.

Step 4) Next, decide how many resources you intend to commit. Then, you go to sleep and keep earning income passively.

Mining Setup

Requirements for Cloud Mining

Cloud mining does not need the same setup level as traditional cryptocurrency mining, and you do not have to purchase expensive hardware, store it, or pay for electrical bills. Instead, you need to choose a good mining company, rent equipment from them, and wait for them to start making money.

Cloud mining services and sites vary from site to site, as do the prices. It is surely ideal if you took the time to examine which service provider suits you.

You can also buy contracts or shares from the service. With these contracts, the user may use the mining services while also profiting from them! After meeting the platform-specific minimum withdrawal requirement, you can transfer your profits to your wallet.

Different Types of Cloud Mining Models

Two types of Cloud Mining Models are:

Host Mining:

It is the more common type of cloud mining model. Miners have to buy or lease mining rigs on mining. The miner then pays for the setup and maintenance. Host mining reduces the overhead costs associated with access to electricity. Also, this model gives miners greater control of the rig allowing for redirecting of generated hashing power to mining pools.

Utilization of this model gives you complete control over your earned rewards. A mining farm’s economies of scale reduce the costly mining expenses, like power and storage. However, the initial cost may be high, and the cost reduces with time, and you can hope to make a good profit.

Leasing Hash Power:

A good hash rate is necessary for success while mining. In this cloud mining model, you do not get charged for either maintenance or setup. To get your share of the profit generated by the mining far, you need to sign up for a suitable plan offered by the mining company.

Profits earned from newly discovered blocks are distributed to all users in proportion to their respective shares of hash power. Altcoins get mined with this type of cloud mining compared to bitcoin.

Is Cloud Mining Profitable?

Cloud mining can be very profitable. The costs you must bear include rent payment and mining pool charges. Despite all these, you can still earn profits. The amount of profit you make varies depending on the mining pool model, the power of miners, and the market state.

Newer miners and models generate more profit than older ones. However, in a bearish market, holding bitcoin instead of selling it for regular money can reduce your profit, while a bullish market increases your profit.

Profit is also largely dependent on the reward per hash, which varies for different coins. Find out which coins are the most profitable and target these for a more significant profit.

How Much a Miner Earns?

The reward for each new block is a combination of new cryptocurrencies and transaction fees for the miner who created it. Most people refer to the block reward as the block subsidy since it is nearly wholly comprised (without accounting for the fees).

Consider a wide range of factors while analyzing mining equipment and profitability. An essential measure to look at is the mining rigs’ ability to generate and test random nonces quickly. The hash rate is a crucial factor in a Bitcoin miner’s performance. Faster testing of these random inputs will be possible if the hash rate increases.

Additionally, mining rig energy consumption is a critical factor. If you spend more money on power than you make from mining, you will be out of business sooner than later.

Is Cloud Mining Risky?

Yes, cloud mining could be risky. As you do not own the equipment, you have no say in their use. As a result, you may be unable to recoup your costs. While it may seem convenient to mine cryptocurrencies, cloud mining is problematic since you depend on someone else’s gear to do the actual mining for you.

Cloud mining contracts’ profitability fluctuates widely, and it’s impossible to predict. Therefore, it doesn’t matter whether the miner finds a trustworthy supplier and signs crypto cloud mining contracts with that firm, and the latter will only supply the services and hash rates stated for the given period.

Therefore, no one can be sure whether it will make money for the miners. On top of that, any earnings made by miners can get slashed by additional costs they may owe the supplier over the cloud mining contracts’ time.

Pros And Cons of Cloud Mining

Here are some Benefits/Advantages of Cloud Mining:


You have the option to mine any of your preferred cryptocurrencies.

The firm takes care of all of the typical mining issues.

Cloud mining reduces the expenses associated with operating a mining rig.

In general, using “someone else’s” equipment yields more profits than using your own.

Without equipment failure and consequent loss of revenue, fast scaling (capacity increase) is not an option.


Mining profits get reduced because of the commissions associated with renting a storage facility.

You should keep an eye on the market and respond to the crypto sector’s going on.

The cost of renting more capacity rises as the network becomes more sophisticated.


Numerous reasons led to the development of cloud mining. Some of these reasons include:

Short Supply in Mining Coins: This, along with the growing value of cryptocurrency, has sparked many new developments in the crypto mining industry.

Increased demands for network hashing power: Decreased reward offsets increased difficulty in cryptocurrency algorithms. Owners of mining operations understood that they required additional computing power to be competitive in the market.

Attractive Mining Returns: Cloud mining businesses often give huge payments and returns to entice customers and investors.

There are several characteristics of cloud mining.

The main characteristics include:

Cloud mining is carried out by renting out computing power from a third party.

Cloud mining overcomes power outages, hosting troubles, or installation and maintenance hassles.

Miners have to access their direct control over their coins.

The miner can access their equipment from anywhere globally through an internet control panel.

Cloud miners may only expect monetary compensation as an investor in a mining enterprise. Miners may purchase or rent a portion of the farm’s hashing power from the cloud mining firm, maintaining a mining rig-based farm.

In hardware mining, miners use their mining rigs and must select whether to mine alone or join a mining pool and contribute to the pool’s computing power in return for a piece of the profits. Therefore, maintaining and updating the gear and having a dependable internet connection are two of the most important things they must take care of.

Cloud mining providers and companies profit by renting out their hardware in exchange for money. Selling mining hardware resembles a futures contract. If you know that you will produce tons of maize at B cost, it is good business to already sell at A+B. where B is enough to cover what feels good for you. Cloud mining companies usually make more than Y, which is a great profit.

Hash rate is simply a measure of the computational power per second used when mining. Simply put, it is the speed of mining. The higher the hash rate of one individual Bitcoin mining machine, the more bitcoin that machine will mine. A good hash rate will give a mining machine more rewards and better profit while covering the overhead cost of hardware maintenance.

ParametersCloud MiningTraditional MiningDefinitionCloud Mining involves mining coins with a third party.Traditional mining involves mining coins with one’s hardware.CostsCloud mining is less expensiveTraditional mining is time and money-consuming.LocationYou can carry out this type of mining chúng tôi involves owning one’s hardware and other equipment that have a specialized position.ProcessesIt is simplerIt is more difficult

Understanding Gradient Descent Algorithm And The Maths Behind It

This article was published as a part of the Data Science Blogathon

This article throws light on how the Gradient Descent algorithm’s core formula is derived which will further help in better understanding of the Gradient Descent Algorithm. ent algorithm is in brief.

A Brief idea of Gradient Descent Algorithm

Imagine you are standing at a grassy park on a hill. Suppose you want to come down at the base of the hill as quickly as possible. So what would you do?

You will look around everywhere and think if you were to take baby steps in some direction to go downhill as quickly as possible then in what direction you will take those baby steps to walk down as rapidly as possible? You will find the best direction and take one step and land on a new point on the hill.

Again you will look around to find the direction to take the next baby step in order to go downhill. If you take that step, you will land upon another point on the hill.

This way thinking about what direction to go and take the step will be continued until you reach downhill which is the global minimum.


Gradient Descent is an Iterative Solver. The Iterative solver does not give the exact solution. Not in all cases, the objective function is solvable.

In such cases, the iterative solvers are used to get the approximate solution as the purpose is to minimize the objective function.

The basic principle of gradient descent is to choose the step size (also called as learning rate) appropriately so that we can get close to the exact solution. So learning rate basically controls how big a step we take downhill.

The gradient descent update rule is given as follows :

Image Source: Created by Author

Gradient Descent can be summarized using the formula,

Image Source: Created by Author

We repeatedly calculate this until convergence.

Let’s see how we got this formula.

Starting with a simple Machine Learning Model

We will take an example of a linear regression model.

The equation of a line is given as Y = mX + b where m is the slope of the line and b is the intercept on the Y-axis.

When you try to make a prediction, you take a data input X and make a guess.

Let’s call that guess as

Image Source: Created by Author

You already know Y. So, Y is the correct data that goes with X.

Your machine learning model makes a prediction.

Image Source: Created by Author

So, Error is the difference between the two, that is,

the predicted value – correct value

It relates to the idea of cost/loss function.

Let’s see what does cost/loss function does and why do we need it.

Concept of Cost / Loss Function

Here, both the terms are used interchangeably.

If you want to evaluate how your ML algorithm is performing, for a large data set what we do is take the sum of all the errors.

Image Source: Created by Author

This is the total error for the particular model, being m and b values that describe that line.

Our goal is to minimize that loss. We want the lowest error. That means we want the lowest m and b values to get the lowest error.

So, the above cost function is equivalent to Y = f(x) = X2

If you graph Y = X2 on the Cartesian Coordinate system, it will look as follows:

Suppose we are considering Q as the current data point. We have to find the minima which is at point O. Then there are 2 things that we need

Which direction to go (Direction of update)

How big step to take (Amount of update )

The way to find minima is by taking a derivative (also known as gradient).

The gradient of a curve at any point is given by the gradient of the tangent at that point.

Also, the gradient of a curve is different at each point on the curve.

See the above diagram carefully. Gradients are different at all the points P, Q, R, S, and O.

So the most common ways to look at derivatives are:

The Slope of the tangent line to the graph of the function

Rate of change of the function

Here the goal is to find a line that has the smallest error.

It means minimizing a function means actually finding the X value that produces the lowest Y.

So, this idea of being able to compute the slope(derivative) of this function tells us how to search and find the minima.

Parameters m and b with a slight change can be written as:

Image Source: Created by Author

So, we want to know what is the way we can change the value of m in y = mx + b in order to make the error lesser. Hence, the next step is to find the m and b values with the lowest error. It can be done by finding the derivative (gradient) of this cost/loss function to know which way to move.

Here, we will be using the following 2 rules of calculus to find the derivative:

Chain Rule:

Image Source: Created by Author

Let’s say J(m,b) is the Cost / Loss function in m and b.

Image Source: Created by Author

Let us assume that we are looking at one error at a time. So we will get rid of the summation sign.

J(m,b) = Error2

Differentiating J with respect to m and applying Power rule and Chain Rule

We are applying the chain rule because J is a function of Error and Error is a function of m and b.

Image Source: Created by Author

Similarly, differentiating J with respect to b

Image Source: Created by Author

As discussed above,

Image Source: Created by Author

X is input data, b is constant and Y is output.

Derivative of constant is Zero because constant does not change and derivative describes how something changes. Hence derivatives of b and Y are zero.

According to the power rule,

Image Source: Created by Author

We can get rid of 2 as it just tells how big or small the learning rate is. So it’s not significant.

Image Source: Created by Author

(Error . X) decides direction as slope/derivative contains the direction information.

Learning rate decides step size/amount of update.

Differentiating Error with respect to b

Image Source: Created by Author

X is input data, m is constant and Y is output. As discussed earlier,

Image Source: C by Author

According to the update rule,

Image Source: Created by Author

The purpose of this article is to simplify the mathematical concepts, mainly derivatives and calculus which are required to understand the gradient descent algorithm.

The media shown in this article are not owned by Analytics Vidhya and are used at the Author’s discretion.


Cardano And Bitcoin Price Plunge, Tradecurve Set To Dominate The Defi Space

The cryptocurrency market is known for its volatility, and recent price movements have caused significant fluctuations in leading cryptocurrencies like Cardano and Bitcoin. However, amidst market turbulence, Tradecurve emerged as a promising contender that could dominate decentralized finance. Today, we will explore the recent price plunge of Cardano and Bitcoin and explore why Tradecurve stands out as a potential game-changer in the DeFi landscape.

Cardano (ADA) displays red charts 

Cardano, known for its innovative blockchain technology and ambitious development roadmap, faced a correction in its price recently, reflecting the broader market sentiment. After getting caught in the SEC-Binance lawsuit, where the SEC stated that Cardano was a security, its price plummeted by 15.2% in the past week alone. 

This bearish trend has persisted as Cardano trades hands at $0.3178 with a market cap of $11B, a fall of 3.52% in the last 24 hours. The trading volume of Cardano has also dropped by 12.86% in that same period and now sits at $303,934,102. 

With its moving averages and technical indicators showing strong sell signals, Cardano could see further price drops soon. Some experts even forecast a fall below $0.30 for Cardano soon. 

Bitcoin (BTC) with diminishing values 

Similarly to Cardano, Bitcoin, the leading cryptocurrency with a significant market share, witnessed a downward trend attributed to market speculation, regulatory concerns, and macroeconomic conditions.

As the digital asset market reels from the SEC crackdown on Binance and Coinbase, Bitcoin and other cryptocurrencies are hovering at crucial levels. Bitcoin has lost 1.8% of its value in the last week, and experts forecast this trend will continue. 

Currently, Bitcoin has a value of $26,568.11 with a market cap of $515B, down by 0.05% overnight. The Bitcoin trading volume has also taken a hit, falling by 20.22% in that same time and now sitting at $11,783,962,824. With Bitcoin slowly losing its value, analysts foresee a drop below $26,000 once more. 

Tradecurve (TCRV) is on its way to dominating the DeFi sector 

While Cardano and Bitcoin grapple with market uncertainties, Tradecurve emerges as a potential powerhouse in the DeFi space. Tradecurve aims to close the gap between traditional and decentralized finance by offering a borderless, hybrid trading platform that implements the best aspects of CEX and DEX. 

Few exchanges enable customers to trade cryptocurrencies and other exchange-traded assets from a single account. Many traders are looking for platforms to solve this issue, and Tradecurve does just that. Tradecurve enables users to trade a wide range of derivatives from a single trading account, including stocks, commodities, currencies, cryptocurrencies, and FX. This comprehensive approach provides traders diverse opportunities to maximize their returns and manage risk efficiently.

While many traditional trading platforms like Binance and Robinhood impose intrusive sign-up KYC checks that limit trader privacy and freedom, Tradecurve offers a decentralized trading platform that prioritizes privacy and eliminates the need for sign-up KYC checks. This approach resonates with the ethos of blockchain technology and empowers users with control over their assets and personal information.

Tradecurve sets itself apart by implementing high-leverage options starting at 500:1, allowing traders to amplify their positions and potentially enhance their profits. Additionally, the platform offers the ability to subscribe to automated and AI trading bots, providing beginner traders with a powerful tool to navigate the market effectively. And with regulations limiting access to these trading aspects, Tradecurve could become a fan-favorite for millions of traders just with these features. 

With plans to raise $20M during its presale, Tradecurve could become one of the top 3 global exchanges – toppling the likes of OKX and Huobi. Its solid fundamentals, strong foundation, and upside potential will make it one of the most dominant forces in the DeFi space. 

For more information about the Tradecurve presale:

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Microsoft And Toyota Bringing The Cloud To Cars

Microsoft And Toyota Bringing The Cloud To Cars

Microsoft and Toyota jointly announced today their partnership to invest 1 billion yen (about $12 million) to bring telematics to your next-generation Toyota vehicle by harnessing the Windows Azure cloud platform. And in case you’re unfamiliar, telematics is the fusing of telecomunnications and information technologies in vehicles.

The joint telematics system will first appear in 2012 Toyota electric and plug-in hybrid cars and will provide energy management, GPS systems, and multimedia technologies. By 2023, when Microsoft’s global cloud platform is set to complete, these next-gen vehicles will be able to connect to servers from around the world.

This adds a whole new segment to mobile computing ecosystems. Thus far, a harmonious ecosystem has been focused on the fusing of smartphones, tablets, notebooks, and computers. But now, we can add vehicles to that environment. There could be an iPhone or Android app, or in this case a Windows Phone 7 app, to remotely start your Toyota or even help monitor the energy levels of your plug-in vehicle.

Press release:

Microsoft and Toyota Announce Strategic Partnership on Next-Generation Telematics

Microsoft and Toyota to participate in 1 billion yen investment in Toyota Media Service Co.

REDMOND, Wash., and TOYOTA CITY, Japan — April 6, 2011 — Microsoft Corp. and Toyota Motor Corp. (TMC) today announced they have forged a strategic partnership and plan to build a global platform for TMC’s next-generation telematics services using the Windows Azure platform. Telematics is the fusing of telecommunications and information technologies in vehicles; it can encompass GPS systems, energy management and other multimedia technologies.

As part of its smart-grid activities, aimed at achieving a low-carbon society through efficient energy use, TMC is conducting trials in Japan of its Toyota Smart Center pilot program, which plans to link people, automobiles and homes for integrated control of energy consumption. TMC believes that, as electric and plug-in hybrid vehicles become more popular, such systems will rely more on telematics services for achieving efficient energy management.

Microsoft has a long history of delivering platforms and services to the automotive market, including in-car infotainment systems built on the Windows Embedded Automotive platform, in-car mapping services with Bing and the Microsoft Tellme voice application, and many other consumer solutions.

“Today’s announcement of our partnership with TMC is a great example of how we continue to invest in the automotive industry and of our commitment to power the services that are important to consumers,” said Microsoft CEO Steve Ballmer. “It further validates the power of the cloud, as the Windows Azure platform will provide the enterprise-grade, scalable platform that TMC needs to deliver telematics in its automobiles worldwide.”

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About Toyota

Founded in 1937, TMC (NYSE “TM”) is a global automotive company with production in 27 countries and sales in more than 170 countries. Founded in 2000 as a wholly owned subsidiary of TMC, Toyota Media Service is a consumer IT service provider for Toyota automotive customers that actualizes the connected, in-car experience.

About Microsoft

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

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