Latest news with #Askew
Yahoo
04-06-2025
- Business
- Yahoo
You can get Bitcoin at a discount. Here is how.
You can get Bitcoin at a discount. Here is how. originally appeared on TheStreet. Bitcoin mining remains fiercely competitive and often out of reach for most investors. In an interview with TheStreet Roundtable during the Bitcoin 2025 conference, Mitchell Askew, head of Blockware Intelligence, explained that attempting to mine from home quickly becomes impractical. 'If you want to mine Bitcoin at your house, your electricity rate is going to be too expensive to do it profitably,' Askew noted that home rigs are 'like running a vacuum cleaner 24-7. It's loud, it's hot, it's dusty, and it's not going to be profitable at your house.' Beyond power costs, he pointed out, most investors lack the technical know-how to configure networks, join mining pools and cope with excessive heat and noise. To meet growing demand from investors seeking direct mining exposure, Blockware operates eight data centers across seven states, securing industrial power rates that drastically lower operating expenses. Askew explains, 'Every day you're producing Bitcoin at a discount to the market price—if you're mining at a block or site with the latest and greatest Bitcoin miner, your break-even cost is around $60,000 per Bitcoin.' Clients purchase ASIC miners and ship them directly to Blockware's facilities. 'They can run it at one of our facilities and get access to industrial power rates, allowing them to mine profitably and without doing any of the setup themselves,' he said. With these industrial power rates, investors gain daily Bitcoin-denominated cash flows without the hassles of home-based mining. He also highlighted the tax advantages of acquiring mining equipment. 'When you purchase ASIC miners, you can depreciate them within each tax year, offsetting a lot of your capital gains at tax,' Askew explained. This depreciation benefit makes mining more appealing than simply buying spot Bitcoin, since investors can reduce taxable income while generating new coins. Central to Blockware's offering is the on-chain Blockware Marketplace, which provides real-time analytics on hash rates, energy consumption and profitability. Investors can review performance metrics before committing capital and pay in Bitcoin or fiat. Askew noted that the platform will soon support purchases of high-performance computing servers alongside mining rigs. By combining specialized infrastructure, transparent analytics and tax efficiencies, Blockware's hosted solution addresses the steep entry barriers that have long deterred investors from direct Bitcoin mining. With capacity filling fast and institutional interest on the rise, investors have a clear alternative to DIY mining or spot-only exposure. You can get Bitcoin at a discount. Here is how. first appeared on TheStreet on Jun 4, 2025 This story was originally reported by TheStreet on Jun 4, 2025, where it first appeared.
Yahoo
04-06-2025
- Business
- Yahoo
You can get Bitcoin at a discount. Here is how.
You can get Bitcoin at a discount. Here is how. originally appeared on TheStreet. Bitcoin mining remains fiercely competitive and often out of reach for most investors. In an interview with TheStreet Roundtable during the Bitcoin 2025 conference, Mitchell Askew, head of Blockware Intelligence, explained that attempting to mine from home quickly becomes impractical. 'If you want to mine Bitcoin at your house, your electricity rate is going to be too expensive to do it profitably,' Askew noted that home rigs are 'like running a vacuum cleaner 24-7. It's loud, it's hot, it's dusty, and it's not going to be profitable at your house.' Beyond power costs, he pointed out, most investors lack the technical know-how to configure networks, join mining pools and cope with excessive heat and noise. To meet growing demand from investors seeking direct mining exposure, Blockware operates eight data centers across seven states, securing industrial power rates that drastically lower operating expenses. Askew explains, 'Every day you're producing Bitcoin at a discount to the market price—if you're mining at a block or site with the latest and greatest Bitcoin miner, your break-even cost is around $60,000 per Bitcoin.' Clients purchase ASIC miners and ship them directly to Blockware's facilities. 'They can run it at one of our facilities and get access to industrial power rates, allowing them to mine profitably and without doing any of the setup themselves,' he said. With these industrial power rates, investors gain daily Bitcoin-denominated cash flows without the hassles of home-based mining. He also highlighted the tax advantages of acquiring mining equipment. 'When you purchase ASIC miners, you can depreciate them within each tax year, offsetting a lot of your capital gains at tax,' Askew explained. This depreciation benefit makes mining more appealing than simply buying spot Bitcoin, since investors can reduce taxable income while generating new coins. Central to Blockware's offering is the on-chain Blockware Marketplace, which provides real-time analytics on hash rates, energy consumption and profitability. Investors can review performance metrics before committing capital and pay in Bitcoin or fiat. Askew noted that the platform will soon support purchases of high-performance computing servers alongside mining rigs. By combining specialized infrastructure, transparent analytics and tax efficiencies, Blockware's hosted solution addresses the steep entry barriers that have long deterred investors from direct Bitcoin mining. With capacity filling fast and institutional interest on the rise, investors have a clear alternative to DIY mining or spot-only exposure. You can get Bitcoin at a discount. Here is how. first appeared on TheStreet on Jun 4, 2025 This story was originally reported by TheStreet on Jun 4, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-06-2025
- Politics
- Yahoo
Around 20% of license plate reader database searches did not have case numbers
AUSTIN (KXAN) – According to an email from APD sent to city of Austin staff, as many as 22% of automated license plate reader (ALPR) database searches did not have a case number linked to the query. Ahead of Tuesday's Austin City Council work session, where ALPRs would be discussed, city staff asked APD via email for more information about the technology. That email was shared with KXAN. Many have been critical of the technology, concerned that data could be shared with law enforcement agencies that target women seeking abortions or undocumented immigrants. APD said on Tuesday that the department does not intend to use ALPRs for those reasons. 'The Austin Police Department recognizes the importance of transparency in the usage of the ALPR system. With this in mind, the Austin Police Department is working with the vendor to mandate that the user input a case number prior to [a] search as well as a reason for the search that is in line with the resolution,' APD wrote in the email to city staff. APD said that when the ALPR pilot program went live in March 2024, the resolution did not explicitly require officers to provide a reason for a database search. However, it acknowledged that the department was only permitted to use the technology to help with investigations. APD told city staff that in the second quarter of 2024 and the first quarter of 2025, around one in five searches did not have a case number listed. In quarter three of 2024, only 11% of searches did not have an identified case number, and in quarter four, 16% did not have one. Austin's year-long pilot program began in March 2024, and on March 27, the Austin City Council voted 8-3 to extend the program for another three months. The city council will decide on Thursday whether to extend the program again. During the work session, APD explained to the Austin City Council why it finds the technology beneficial. 'This police department is 300 officers short. Currently, we do not have enough officers to [perform] the job that we would prefer to do without the use of technology to supplement [our] work,' said Assistant Austin Police Chief Sheldon Askew. 'We're just better [and] more successful when we have technology such as ALPR,' he continued. The pilot required that the system only hold data captured by the cameras for seven days, down from 30 days. APD officers must train before being able to access the system. Officers must undergo training annually. APD said on Tuesday that data collected by the cameras belongs only to the department and that it is not shared with any other agency. 'There are some agencies throughout the country [that] will share that data with their partner agencies or with agencies across the nation. We do not do that,' Askew said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Pink Villa
31-05-2025
- Entertainment
- Pink Villa
Tom Hanks Pulls a Chappell Roan As Oscar-Winner Shouts at Photographers During The Phoenician Scheme Premiere
Tom Hanks jocularly tells off photographers at the New York City premiere of his latest star-studded comedy, written and directed by Wes Anderson. Pop culture enthusiasts would be reminded of Chappell Roan confronting a rude photographer. Hanks brought his classic sense of humor to the red carpet at the premiere of The Phoenician Scheme on May 28, jokingly badgering photographers in a scene that quickly went viral. As he made his way down the red carpet, the 68-year-old star was beset on all sides by popping cameras and came to an abrupt halt. Irritated, but perhaps jokingly, Hanks shouted out to the snappers, telling them to hurry up so he could proceed down the line to interview waiting journalists. In a hilarious on-camera meltdown caught by MTV UK and posted on social media, Hanks mocked the press corps for their "cushy jobs." In the clip shared by the outlet on X, Hanks said, "Can you hurry it up so I can get to these people... You and your cushy jobs." Even at one point, he pretended to stormily shout for them to "shut the f--k up," all with a huge grin on his face. Tom Hanks shines in Wes Anderson's latest star-studded comedy Hanks, celebrated for his comedic chops and everybody's favorite guy persona, was out promoting his new film co-starring Benicio Del Toro, Scarlett Johansson, Willem Dafoe, and Bryan Cranston. The film also stars Mia Threapleton, Michael Cera, Riz Ahmed, Jeffrey Wright, Benedict Cumberbatch, Hope Davis, Rupert Friend, and Bill Murray, among several others. The official description of the film reads, "Wealthy businessman Zsa-zsa Korda appoints his only daughter, a nun, as sole heir to his estate. As Korda embarks on a new enterprise, they soon become the target of scheming tycoons, foreign terrorists, and determined assassins." Cranston, who stars as Tom Hanks' brother in the film, also chimed in on the fun banter, eliciting laughter from the press. A photographer pointed his crooked tie out to the Breaking Bad star, when he replied, "My tie is askew! Thanks for letting me know my tie was askew." He further added, "I'm going to come out with a line of ties called Askew!" The Phoenician Scheme arrived in theaters on May 30, 2025.
News18
30-05-2025
- Entertainment
- News18
Did Tom Hanks Lash Out At Paparazzi At The Phoenician Scheme Premiere?
Last Updated: Tom Hanks and Bryan Cranston portray basketball-loving brothers in the film. Tom Hanks gave the photographers more than just good angles at the New York City premiere of his film The Phoenician Scheme. The premiere was held at Jazz at Lincoln Centre on Wednesday, May 28. While posing for photos, Hanks found himself the subject of some light teasing from photographers who joked that the official studio photographer was taking too long. According to Page Six, the 68-year-old actor smiled and gestured towards the rest of the photographers, saying, 'I want to be right where [the other photographers are]," making it clear he was ready to move down the line. The moment got even funnier when he turned towards one cameraman and jokingly shouted, 'Shut the f*** up!" The comment made all the photographers burst out laughing. Hanks wasn't the only one having fun. Bryan Cranston, who plays his brother in the film, also joined in. When someone pointed out that his tie was a little crooked, the Breaking Bad star responded with: 'My tie is askew!" He even thanked the photographer, saying, 'Thanks for letting me know my tie was askew." Cranston kept the humour going, saying, 'I'm going to come out with a line of ties called Askew!" Both actors took time to pose for group photos with director Wes Anderson and the rest of the cast. That included Benicio del Toro, who plays fictional tycoon Zsa-zsa Korda, Mia Threapleton, Scarlett Johansson, Hope Davis, Michael Cera and Stephen Park. Cranston also shared a fun memory from the set of Wes Anderson's film. 'I think it was when Tom and I, playing brothers, were absolutely marveling at what Benicio del Toro was asked to do. Massive amounts of very tricky dialogue," he told People. Cranston added with a laugh, 'Tom and I are going, 'My God, I'm so glad I don't have that role.' We were saying to [del Toro], 'What can we do for you? What can we bring you? Can I massage your feet?'" The Phoenician Scheme follows wealthy industrialist Zsa-zsa Korda as he launches a strange new business with his daughter Liesl (played by Threapleton) and her tutor Bjørn (Michael Cera). Along the way, they encounter assassins, revolutionaries and more eccentric characters, including the basketball-loving brothers Leland and Reagan, played by Hanks and Cranston. The Phoenician Scheme hits theatres on May 30. First Published:
