- Majority of current bitcoin transactions (at least 75%) are estimated to be happening for pure speculation purpose instead of purchasing goods.
- Bitcoin mining costs ~$1.5–3B annually and generates ~$7.2B in revenue but it’s profitable because of continuous price surge.
- At current rate of Bitcoin growth, Bitcoin mining will require all the electricity produced in the U.S. by July 2019, and all the electricity produced in the entire world by February 2020 (assuming no new energy-generating capacity is added). It is not sustainable unless we keep finding new and significantly more efficient sources of energies.
- Even if…
1 — Mindset by Carol Dweck
Do you think artists are born and not made? If your answer is yes, then you might have a “fixed mindset”. People with fixed mindset believe that we are born with certain talents and natural gifts. We are either smart, average or dumb — and stays that way for life. They also think of the brain as a mystery with fixed attributes. This book describes a new research in psychology that shows that brain is more like a muscle. It changes and gets stronger when you use it hard. And more importantly, if you put enough efforts, you can train…
Hacker News can be a great source of finding engineering talent for your company. Here are few ways I have found on HN to source great talent for my own startup:
Ask HN: Who is hiring?
“Who is hiring” is a monthly thread where companies can post technical job openings free of cost. A new thread is featured on HN homepage on first weekday of every month. For example, this is the “Who is hiring” thread for July 2016.
You should also check out a this cool interface for Who is hiring threads by Micah Wylde.
Ask HN: Who wants to be hired?
Unlike “Who is hiring”, where companies post job opening…
Twitter: https://twitter.com/MunirUsman
Country of Origin: Pakistan
Organization name: Remote Interview, Inc.
Organization website: https://www.remoteinterview.io
Brief Description of Organization: Remote Interview helps businesses find technical talent without even looking at their resumes. Our technology saves 75–80% of the time companies spent during hiring because we completely automate and simplify the screening process for both companies and candidates.
What inspired you to start this organization? On average, companies spend more than 200 hours and $20K just to hire one programmer. We faced the same issue in my last business so we decided to solve this problem!
What is the next big step…
