Outtakes: Jim Turin and Sons Run Successful Aggregate Business

Outtakes: Jim Turin and Sons Run Successful Aggregate Business



While the work they do is serious, Jim Turin and his sons, don’t take themselves too seriously. Get a behind the scenes look at this family affair that has been running for over 25 years in Brightwood Oregon.

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Performance Cutting Edges on Cat® D8T Dozer Make the Job Faster, Easier and Cleaner

Performance Cutting Edges on Cat® D8T Dozer Make the Job Faster, Easier and Cleaner



http://bit.ly/2opnkcU ACME Brick talks about how Performance Cutting Edges on a Cat® D8T bulldozer make their job faster, easier and cleaner.

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Preview: Before “Gold Rush” There Was “Rock Rush”

Preview: Before “Gold Rush” There Was “Rock Rush”



Long before the Yukon, Dave Turin traces his mining roots to Brightwood, Oregon and Mt. Hood Rock, the company founded by his father, Jim, and now operated by the Turin brothers. Hear how they went from coaching football and paving tennis courts to running a high production quarry. And learn the career path change Dave made to do what is in his blood.

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Volvo EC 750E excavator loads Volvo A60H articulated dumper

Volvo EC 750E excavator loads Volvo A60H articulated dumper



The new 75 tons Volvo EC 750E excavator in action on Steinexpo 2017. It is loading the biggest Volvo articulated dumptruck: the A60H. The Volvo EC 750E has a own Tier 4 Final Volvo engine with 385 KW gross power. It can handle buckets up to 5.5 m3 capacity.
The Volvo A60H articulated dumper has a payload of maximum 55-60 ton. The dumper budy has a volume of 33,6 m3.

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Technology News – Salon’s Monero mining project might be crazy like a fox

Salon’s Monero mining project might be crazy like a fox


In the age of altcoins, at least one news site is taking a novel approach to making ends meet. Salon announced today that it would give readers a choice between turning off ad-blocking software or “allowing Salon to use your unused computing power” in order to access their content. If you say yes to the latter deal, Salon will then invite you to install Coinhive, a software plugin that mines the cryptocurrency known as Monero.

Salon explains its program, which it calls a beta, like so:

“… Like most media sites, ad-blockers cut deeply into our revenue and create a more one-sided relationship between reader and publisher.

We realize that specific technological developments now mean that it is not merely the reader’s eyeballs that have value to our site — it’s also your computer’s ability to make calculations, too. Indeed, your computer itself can help support our ability to pay our editors and journalists.”

 

The offering is a clever if controversial way to recoup lost ad revenue. It’s no secret that digital media companies are hurting, and crowdsourcing the process that generates some virtual currencies is certainly an innovative solution, though definitely an experimental one.

Still, running software like this, which is often inserted onto unsuspecting machines via malware, is a big ask from readers and it’s important that less technical readers know what they’re getting into. Salon sets this up as an opt-in process which is good, though it only mentions Coinhive’s name in the small opt-in box (“powered by Coinhive”) and not in its full FAQ page. Coinhive gets a bad rap because it can be used for illicit purposes, though the software is widely regarded as legitimate, as is the coin that it mines. Readers should have a chance to make up their own minds and provided with all of the specifics.

While Bitcoin soaks up most of the spotlight, some virtual currency projects are specifically looking to reshuffle the stacked relationships between platforms and content creators. One called Steemit actually launched its own platform to pair with its coin, and users there built up a healthy, cryptocurrency-centric social network, upvoting one another and earning actual money in the process. Like Salon’s proposition, some other projects including Siacoin and MaidSafeCoin seek to pay people for spare computing cycles or hard drive space.

On the whole, Salon sounds surprisingly bullish on blockchain technology, announcing that it “[plans] to further use any learnings from this to help support the evolution and growth of blockchain technology, digital currencies and other ways to better service the value exchange between content and user contribution.”

Like publishers, plenty of internet users are waking up to the raw deal of modern day social media use and looking for novel ways to make a little passive income or otherwise get paid for the content they push out to the world. Blockchain projects that aren’t too busy overhyping ICO gains to actually build something cool could have a shot at democratizing the online content game.

While that might be idealistic, Salon sounds like it understands that emerging technologies offer some unique opportunities for anyone who isn’t afraid to rock the big blue boat. Since it’s clear that the model we have now isn’t working for anyone outside the high walls of tech’s major platforms, there’s no shame in that game.

Featured Image: hocus-focus/Getty Images




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Technology News – The iced tea company that changed its name to include ‘blockchain’ retracts on bitcoin mining operation

The iced tea company that changed its name to include ‘blockchain’ retracts on bitcoin mining operation


Remember the iced tea company that changed its name to Long Blockchain and immediately shot up by 500 percent on the stock market? Well, it turns out it may not be getting into the blockchain after all.

The company has decided to back off from its pledge to buy 1,000 bitcoin mining machines — just six weeks after it said it would be doing so.

Of course, six weeks ago bitcoin was worth a whole lot more than it is now — it’s currently trading at $10,000 less than it was at the beginning of the year. That’s not to say it won’t go up again, but investors are rightfully skittish at this point.

That slump has affected Long Blockchain’s shares, which have plunged 50 percent since it reached its dizzying height, causing the company’s market cap to sink below the $35 million minimum value required to list on Nasdaq’s exchange.

“While we continue to believe in the value of mining equipment to the blockchain ecosystem, the purchase of these machines — which was negotiated as a no-risk option to the Company — was just one of the multiple strategic avenues we have been considering,” Shamyl Malik, head of the Company’s Blockchain Strategy Committee, said in a statement.

Instead, Long Blockchain says it will “continue to evaluate the purchase of mining equipment for Bitcoin and other digital currencies as part of our larger blockchain initiative” as it moves ahead on completing a merger with British firm Stater Blockchain, which works on “developing and deploying globally scalable blockchain technology solutions in the financial market,” according to its website.

Note, however, Long Blockchain was already in a pickle before adding blockchain to the name. Shares dipped by 24 percent over the last 12 months, and the company received a warning letter from Nasdaq in October, prompting the zany strategy to change its name to a zeitgeisty buzzword.

As it turns out, glomming on to the trend of the moment to boost your value can only hold you for so long. There’s no word on when the merger will be complete, but one thing is clear — Long Blockchain is not likely to see the type of gains it once did simply by changing its name.

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Business News – Iced tea company kills plan to buy bitcoin mining rigs

What is an ICO?

What is an ICO?

Bitcoin prices have been in free-fall mode. And so have many bitcoin-related stocks, including a tiny beverage company that just changed its name and business model in December.

Long Blockchain (LBCC), which used to be known as Long Island Iced Tea before it went all-in on cryptocurrencies, soared nearly 200% the day that it announced its new business model. But shares have plunged nearly 55% since then.

And it appears that the company is having a tough time making the transition from a maker of bottles of non-alcoholic Long Island Iced Tea (uhh, what’s the point?) to blockchain powerhouse.

Long Blockchain said Friday it was abandoning a previously announced plan to buy bitcoin mining equipment and would focus instead on a merger with the UK-based firm Stater Blockchain.

But the decision to not go ahead with the purchase of the bitcoin mining rigs is a bit curious. After all, Long Blockchain said when it announced the Stater deal just a few weeks ago that the merger would “complement” its acquisition of the bitcoin equipment.

Shares of Long Blockchain actually rose a bit Friday, but it’s worth noting that trading volume was extremely light. And the overarching trend for the stock over the past few weeks is still down.

Bitcoin prices have tumbled after nearly hitting $20,000 in December. The price briefly fell below $8,000 Friday due to fears of more regulation worldwide. Ethereum, litecoin, ripple, cardano and numerous other cryptocurrencies have plunged as well.

Related: Forget bitcoin. Here come the blockchain ETFs

India was the latest government to announce tougher new measures, joining South Korea and China. The Securities and Exchange Commission in the U.S. has also sounded the alarm bell about crypto investments that could be fraudulent.

Facebook (FB) has even announced it was banning ads that promote cryptocurrencies.

None of this is good news for Long Blockchain, or other companies that decided to hitch their wagons to the cryptocraze, only to watch their stock prices plunge along with bitcoin and other digital currencies this year.

A company now called Riot Blockchain (RIOT) has plunged nearly 60% so far in 2018. Last year, the company changed its name from Bioptyx and changed its business model from biotech to bitcoin.

LongFin (LFIN), a financial tech firm that recently went public, and initially skyrocketed after announcing that it bought a blockchain microlender, has lost more than a third of its value this year.

And shares of a small company called Nodechain (VPTK) have dropped by more than 40% this year as well. Nodechain recently got into the cryptocurrency mining business last December. Before that, it was a maker of electronic cigarettes called Vapetek.

CNNMoney (New York) First published February 2, 2018: 11:14 AM ET




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Business News – Iced tea company kills plan to buy bitcoin mining rigs

What is an ICO?

What is an ICO?

Bitcoin prices have been in free-fall mode. And so have many bitcoin-related stocks, including a tiny beverage company that just changed its name and business model in December.

Long Blockchain (LBCC), which used to be known as Long Island Iced Tea before it went all-in on cryptocurrencies, soared nearly 200% the day that it announced its new business model. But shares have plunged nearly 55% since then.

And it appears that the company is having a tough time making the transition from a maker of bottles of non-alcoholic Long Island Iced Tea (uhh, what’s the point?) to blockchain powerhouse.

Long Blockchain said Friday it was abandoning a previously announced plan to buy bitcoin mining equipment and would focus instead on a merger with the UK-based firm Stater Blockchain.

But the decision to not go ahead with the purchase of the bitcoin mining rigs is a bit curious. After all, Long Blockchain said when it announced the Stater deal just a few weeks ago that the merger would “complement” its acquisition of the bitcoin equipment.

Shares of Long Blockchain actually rose a bit Friday, but it’s worth noting that trading volume was extremely light. And the overarching trend for the stock over the past few weeks is still down.

Related: Forget bitcoin. Here come the blockchain ETFs

Bitcoin prices have tumbled after nearly hitting $20,000 in December. The price briefly fell below $8,000 Friday due to fears of more regulation worldwide. Ethereum, litecoin, ripple, cardano and numerous other cryptocurrencies have plunged as well.

India was the latest government to announce tougher new measures, joining South Korea and China. The Securities and Exchange Commission in the U.S. has also sounded the alarm bell about crypto investments that could be fraudulent.

Facebook (FB) has even announced it was banning ads that promote cryptocurrencies.

None of this is good news for Long Blockchain, or other companies that decided to hitch their wagons to the cryptocraze, only to watch their stock prices plunge along with bitcoin and other digital currencies this year.

A company now called Riot Blockchain (RIOT) has plunged nearly 60% so far in 2018. Last year, the company changed its name from Bioptyx and changed its business model from biotech to bitcoin.

LongFin (LFIN), a financial tech firm that recently went public, and initially skyrocketed after announcing that it bought a blockchain microlender, has lost more than a third of its value this year.

And shares of a small company called Nodechain (VPTK) have dropped by more than 40% this year as well. Nodechain recently got into the cryptocurrency mining business last December. Before that, it was a maker of electronic cigarettes called Vapetek.

CNNMoney (New York) First published February 2, 2018: 11:14 AM ET




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Business News – Samsung is cashing in on bitcoin mining

How to buy and sell Bitcoin

Samsung is making sure it doesn’t miss out on the cryptocurrency craze.

The South Korean company said it’s ramping up production of computer chips used to mine digital currencies like bitcoin, cashing in on growing demand.

Samsung (SSNLF) mentioned in its latest financial report this week that rising sales of these chips are expected to help its earnings this year.

People “mine” bitcoin and other cryptocurrencies by using computers to solve complex math puzzles. Those computers increasingly require more efficient chips to power them.

Experts have raised concerns about the environmental impact of the huge energy demands from bitcoin mining, much of which is located in China.

Related: Samsung is flying high. Here’s what could bring it down to earth

The spike in prices of bitcoin and other cryptocurrencies over the past year has driven up interest in mining them. Bitcoin is currently trading near $10,000, nearly 10 times its price this time last year.

Samsung declined to comment on who its main customers are for cryptocurrency mining chips.

The company is well positioned to capitalize on growing demand for them. It just passed Intel (INTC) to become the world’s largest chipmaker by revenue.

Researching, developing and producing new computer chips requires massive amounts of money.

Related: A major social network is launching its own bitcoin exchange

But while cryptocurrency mining chips are a growing market, analysts say they are likely to remain a relatively small revenue stream for Samsung for now.

“I think the impact from new business is still very small,” said SK Kim, an analyst with investment bank Daiwa.

He predicts sales from cryptocurrency mining chips will account for less than 1% of Samsung’s total revenue this year. The company reported revenue of 240 trillion won ($224 billion) for 2017.

CNNMoney (Hong Kong) First published February 1, 2018: 6:19 AM ET




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Cat® Large Dozers in Action – caterpillar Videos and products

Cat® Large Dozers in Action



No other manufacturer of track-type tractors in the world moves more – with more innovation, reliability, confidence, responsibility, efficiency, versatility, intelligence and support. Cat® Dozers – NOBODY MOVES MORE.

Learn more at: http://www.cat.com/en_US/products/new/equipment/dozers/large-dozers.html

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Caterpillar OEM Solutions | Specialty Machines for Your Business – caterpillar Videos and products

Caterpillar OEM Solutions | Specialty Machines for Your Business



Many original equipment manufacturers rely on Caterpillar OEM Solutions for partial Cat® machines and systems to produce solutions that meet the unique needs of businesses like yours.

Caterpillar OEM Solutions help develop new machines and systems for the agriculture, construction, energy, forestry, mining, transportation, waste and recycling industries.

More information at: http://www.cat.com/oemsolutions

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Technology News – Larry Page-backed asteroid mining company launches CubeSat with experimental water detection tech


Planetary Resources, the space mining company backed by Google’s Larry Page and Braintree founder Bryan Johnson, has taken another step in its quest to actually mine resources from asteroids and other planetary bodies.

The company successfully launched its Arkyd-6 CubeSat, which is holding an experimental technology designed to detect water resources in space.

Planetary Resources is already receiving telemetry from the spacecraft, and the company believes that the experimental technology is a critical stepping-stone for it to develop its next spacecraft platform the Arkyd-301. That technology is what Planetary Resources will use to launch its space resource exploration in earnest the company said.

The company’s plans for space mining have been met with skepticism (and some amount of ridicule), with many terrestrial analysts claiming that the company’s costs far outweigh any benefits that could arise from mining asteroids.

Indeed, in the company’s earliest days it made money by launching satellites that were used to monitor and collect data on earthly rather than planetary resources. The launch continues that trend, but with an important twist, the company claims.

“If all of the experimental systems operate successfully, Planetary Resources intends to use the Arkyd-6 satellite to capture MWIR images of targets on Earth’s surface, including agricultural land, resource exploration regions, and infrastructure for mining and energy,” said Chris Voorhees, the chief engineer of Planetary Resources. “In addition, we will also have the opportunity to perform specific celestial observations from our vantage point in low Earth orbit. Lessons learned from Arkyd-6 will inform the company’s approach as it builds on this technology to enable the scientific and economic evaluation of asteroids during its future Space Resource Exploration Mission.”

The key technology being tested during this flight is the mid-wave infrared imager, the company said. It’s a commercial sensor that collects pixel-level data using integrated custom optics to become the first MWIR instrument used in space. The sensor technology is at the heart of the company’s plans to develop high-powered water detection technology, which will be used in the next phase of the company’s Arkyd platform.

Arkyd-6 will also test other technologies, including power generation, altitude determination, instrument operation and two-way communication.

The craft itself is autonomous, but will be monitored by Planetary Resources’ mission control to ensure that everything is working correctly.

“The success of the Arkyd-6 will validate and inform the design and engineering philosophies we have embraced since the beginning of this innovative project,” said Chris Lewicki, president and chief executive of Planetary Resources, in a statement. “We will continue to employ these methods through the development of the Arkyd-301 and beyond as we progress toward our Space Resource Exploration Mission.”

Featured Image: Planetary Resources




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Cat® C13 ACERT™ Tier 4 Industrial Diesel Engine (French) – caterpillar Videos and products

Cat® C13 ACERT™ Tier 4 Industrial Diesel Engine (French)



An animated overview of the Cat® C13 ACERT™ Tier 4 Industrial Engine. Learn more at: http://www.cat.com/en_US/power-systems/industrial-oem/industrial-diesel-engines-highly-regulated/18374369.html

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Cat® 793F Off-Highway Truck | Features and Benefits – Sharing #caterpillar #Videos and #products



When designing its mining trucks, Caterpillar has three key objectives: safety, service and performance. The 793F delivers all three. From enhanced safety features like ground level service and 600-mm-wide / 24-in-wide stairways, to the increased performance and improved fuel efficiency delivered by the Tier 2 compliant C175-16, the 793F delivers more. And its available in a wide variety of configurations to meet the needs of any mine site.

See the latest model Cat® Off-Highway Mining Trucks at: http://www.cat.com/en_US/products/new/equipment/off-highway-trucks/mining-trucks.html

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The new Volvo EC380D-EC480D crawler excavators

The new Volvo EC380D-EC480D crawler excavators



The Volvo EC380D-EC480D excavator helps you to handle more tons per hour, large buckets, smooth control, leading fuel efficiency and all-day comfortable operation.

Bring on the heavy-duty applications in a wide range of demanding conditions, including mining, quarry work, civil construction, mass excavation, hauler truck loading, trenching, large-scale road building, pipe lifting and more.

For more information: http://www.volvoce.com/constructionequipment/na/en-us/products/excavators/crawlerexcavators/EC380D/Pages/featuresandbenefits.aspx

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