Author Archives: Schmitt Trading Ltd

Solar and wind compete with coal power plants when it comes to energy storage systems. AP Photo/Mel Evans Naga Srujana Goteti, Rochester Institute of Technology; Eric Hittinger, Rochester Institute of Technology, and Eric Williams, Rochester Institute of Technology Carbon-free energy: Is the answer blowing in the wind? Perhaps, but the wind doesn’t always blow, norContinue reading “Does energy storage make the electric grid cleaner?”

New York and California are considering ways of regulating Bitcoin and making it easier to access, but those already using the virtual currency say over regulation could drive people away. Department for Communities and Local Government David Glance, The University of Western Australia It seems governments are finally coming around to the idea that virtualContinue reading “For Bitcoin, regulation may kill the golden goose”

Grid-scale energy storage systems may make it easier to rely completely on renewable energy. petrmalinak/Shutterstock.com Eric Hittinger, Rochester Institute of Technology and Eric Williams, Rochester Institute of Technology The market for energy storage on the power grid is growing at a rapid clip, driven by declining prices and supportive government policies. Based on our researchContinue reading “How energy storage is starting to rewire the electricity industry”

Who is the mystery man behind Bitcoin, and why do we want to know? Flickr/stuart anthony, CC BY-NC David Glance, The University of Western Australia In 2008, someone calling themselves Satoshi Nakamoto posted a paper describing the workings of what would become the world’s most important digital cryptocurrency, Bitcoin. Two months later, he posted theContinue reading “Desperately seeking Bitcoin’s Satoshi Nakamoto”

Many oil companies are still planning for fossil fuel use to continue well into the future. Katja Buchholz/Getty Images John Ballantine, Brandeis University Tehran, 1943: Joseph Stalin, Franklin D. Roosevelt and Winston Churchill – hosted by the young Shah Reza Pahlavi – agree on plans for the two-front attack on Hitler while sketching out theContinue reading “Hydrogen is one future fuel oil execs and environmentalists could both support as rival countries search for climate solutions”

Becoming a trader is not a journey for the faint of heart. Becoming a successful trader is ultimately an act of determination. Not unlike the character of the John Wick trilogy (Quadrology? Pentology?), we traders have to be “a man of focus, commitment, sheer will.” We have to get up early, stay up late, follow a routine, backContinue reading “Process of Elimination”

Will the real Nakamoto please stand up? flickr/Taichiro Ueki, CC BY-NC-ND David Glance, The University of Western Australia Two US technology sites have claimed that the creator of the digital cryptocurrency Bitcoin is an Australian businessman called Dr Craig S Wright. Both Wired and Gizmodo have based their conclusions on documents and emails “leaked” toContinue reading “Have journalists found the inventor of Bitcoin or simply been duped?”

This is what a 5-megawatt, lithium-ion energy storage system looks like. Pacific Northwest National Laboratory Jeremiah Johnson, North Carolina State University and Joseph F. DeCarolis, North Carolina State University Due to their decreasing costs, lithium-ion batteries now dominate a range of applications including electric vehicles, computers and consumer electronics. You might only think about energyContinue reading “Utilities are starting to invest in big batteries instead of building new power plants”

Bitcoin-related investment scams have already exceeded $18.5 million, an increase of 44% compared to the total losses of nearly $12.8 million in 2020. Investment scams in Australia cost investors more than 70 million Australian dollars ($50.5 million) in the first six months of 2021, with crypto scams contributing to more than 50% of the losses,Continue reading “Australians lost over $25 million to bogus crypto investments”

There is currently around US$63.6 million of Bitcoin in circulation. Craig A Rodway David Glance, The University of Western Australia On July 19, Doctor Nefario, founder of the Global Bitcoin Stock Exchange, arrived at Seattle airport and was asked if he had enough money to cover his stay in the US. He replied that heContinue reading “Bitcoin: a pirate’s booty or the new global currency?”