Thursday, 29 July 2021
Mark Thomas

Mark Thomas

Mark Thomas - The editor and big chief of The Dubrovnik Times. Born in the UK he has been living and working in Dubrovnik since 1998, yes he is one of the rare “old hands.” A unique insight into both British and Croatian life and culture, Mark is often known as just “Englez” or Englishman. He is a traveller, a current affairs freak and a huge AFC Wimbledon fan.

Email: mark.thomas@dubrovnik-times.com

Every industry around the world is now waking up and trying to get back on its feet. The travel and hospitality sector is trying to get back to normalcy with great speed. With vaccines in place and flights and train services open, countries are getting ready to welcome a rush in travel.

Why is there a rush in the first place? The rush is by travelers who aim to get back to flying or traveling anywhere out of their homes. Here are a few top trends that are not just common globally but will continue in the coming days or months.

Revenge Travel- A New Thing

Of everything happening around us, the ‘revenge’ travel is a new phrase. People have been indoors stuck for all these months, and so the first thing they intend to do now is to rush out.

They have saved travel miles and privilege scores all waiting for them. So, this could be a short day trip to even going on a well-planned trip to some foreign country. But the first-moment people got a chance, they traveled.

Traveling to Bucket List Options

All these days, people have spent wondering where to go and have created a long bucket list. The first chance they get, they rush to these spots only. For instance, in international spots, Switzerland, Paris, and the world wonders top the list. In short, people are now not letting their dreams stay idle.

Traveling to Meet Families

The last year has given the tourists ample time to realize that the real joy is when you meet your friends and long-lost relatives. People travel to meet these people, even if it means taking a flight or traveling thousands of miles. They are now tired of interacting through video-calling apps alone and want to reinstate it with solid support.

Solo Travel is More Common

People living in families now feel they need a space for themselves. Hence, we see a rise in the number of solo travelers. They are tired of staying all these days with their families. They are also aware of the risks traveling poses to their health now that the virus is not entirely off the radar. People feel it is safer to travel solo to safeguard their families.

Hotels Taking Sanitization Seriously

Now with more footfall expected in the upcoming months, hotels are spending more on sanitization. Keeping the premises clean by sweeping, dusting, or mopping alone is not the norm. Now, resorts and hotels are spending on installing sanitizer stands everywhere in corridors and lobbies.

They are even offering complimentary sanitizers in rooms along with regular toiletries. They are even introducing contact-less guest caring procedures.

Family Time and Staycation

Those planning on going out with families to a nearby holiday destination want to select something safer. From the time they board the aircraft till the return, everyone wants to remain safe. Travel agencies understand that you are also looking out for similar hotels and resorts.

Many hotels are now trying to bring the staycation concepts at affordable rates. It means you can travel with your family or solo and not burn a hole in the pocket too. Also, you can work and earn as you stay away from home too.

These trends are setting the mood and tone for future trips to happen this year and beyond. Traveling has become easier, and in the coming days, we can see traveling safely will not just be an option but normalcy. If you cannot travel due to any reason, play at the Casimba online casino with your friends or family and have fun.

 

The cruise ship Viking Venus docked in the Port of Gruž in Dubrovnik yesterday and became the first cruise ship from the Viking group to arrive in the city since the Covid-19 pandemic began.

The Mayor of Dubrovnik, Mato Franković, commented on his social media channels that “After more than a year and a half, the first ship of the Viking company sailed into Dubrovnik. This continues the tourist recovery of our city. In the coming weeks, we expect new ships from other companies.”

Although the city’s tourism industry is slowly recovery from last year and there are certainly signs of optimism the figures are still only around 60 percent of 2019. “The tourist recovery is really visible today and if this pace continues to work, we will record a solid 2021 season that will allow the entire Dubrovnik economy to survive until the 2022 season,” commented the Mayor.

However, with the European Centre for Disease Control placing the whole of the Croatian Adriatic coastline into the “orange zone” last week and with the arrival of British tourists this week the tourism industry must remain vigilant and careful. “I hope and believe that the number of infections will begin to decrease, which is crucial so that we don’t enter the red zone and thus not stop all that we have been working on together with the tourism sector all last winter, and which today gives visible results,” added Franković.

 

Goran Ivanisevic, a retired Croatian tennis player, was inducted into the International Tennis Hall of Fame in Newport on Saturday.

The 49-year-old Ivanisevic, a former World No. 2, is the first Croatian tennis player to earn induction into the International Tennis Hall of Fame.

“We are a small country with a huge heart. We never stop believing. I had a lot of ups and downs, and I never stopped believing,” Ivanisevic said, among other things, during the ceremony at which he was introduced by his idol, John McEnroe.

Apart from Ivanisevic, who won the Wimbledon in 2001, Conchita Martinez, the Original Nine and Dennis Van Der Meer (posthumously) were inducted at the ceremony on Saturday.

 

The Governor of the Croatian National Bank (CNB), Boris Vujcic, said in Dubrovnik on Sunday that he expects a strong GDP growth rate in the second quarter of this year, probably around 18 percent, largely due to the base period of the second quarter of 2020, when a sharp decline was recorded.

At an annual level, Vujčić expects GDP growth to be 6.8 percent, but with significant uncertainty due to the pandemic. "We have based the growth forecast on 70 percent of tourism revenue from 2019, but if it is 50 percent as last year, it would lower the growth rate to 4.8 percent," said Vujcic, who opened the 27th International Economic Conference in Dubrovnik.

The Governor of the CNB emphasized that the government played a significant role in supporting the maintenance of jobs, so the decline in the number of unemployed was smaller and the recovery faster.

"The crisis has accelerated the already existing processes of digitalization, teleworking and remote work,” added the Governor.

 

Since bitcoin mining is the route of confirming transactions and processing the information regarding that explicit transaction in one block among other transaction is known as bitcoin mining. However, people are merely aware of the fact that bitcoin mining just generates bitcoin.

The reward of bitcoin has elated several individuals to consider bitcoin mining as a profession. Still, bitcoin mining is more complicated than it appears. There are several explicit terms subjected to bitcoin mining that you should acknowledge to embrace the profitability of your bitcoin mining venture. Here are some of the essential terms associated with bitcoin mining.

POW!

POW is the utmost essential linked bitcoin mining, and it refers to proof of work. Crypto enthusiasts are familiar with the fact that bitcoin miners, to verify bitcoin transactions, solve a complicated math puzzle.

The route of acknowledging the solution of a complicated math puzzle to find a diversified and unique nonce value is known as proof of work. All the more, you can check out websites like https://bitcoinscircuit.com/ for getting productive results in your bitcoin expedition. However, bear in mind that the proof of work or solution of the math puzzle is merely determined only when your bitcoin mining rig process the hash equivalent to a predetermined hash rate. If you want more information regarding this, you can go through the Bitcoin Superstar App to better understand it.

All the more hash rate of bitcoin mining is utterly dependent upon the potential of a bitcoin mining rig; in a nutshell, you must be equipped with a robust bitcoin mining rig to carry out the entire process.

10 Minutes

As mentioned ahead, every bitcoin miner to verify bitcoin transactions is necessitated to solve a complicated math puzzle. The complication of bitcoin mining is enhanced by a specific defined time limit. Bitcoin algorithm renders 10 minutes to miners to solve the complicated math puzzle. In a nutshell, every miner has to solve the puzzle and render the information to blockchain in just 10 minutes.

ASIA

Bitcoin mining was invented alongside bitcoin to mitigate double spending issues and embrace the security of the bitcoin complex. Bitcoin mining at the very first place was profitable only with a low-end computer device; miners were able to mine bitcoin from just an office and home computer.

However, after bitcoin popularity, bitcoin mining acquired an exceeding extent of competition. The miners equipped with a graphic processing unit had the upper hand while mining bitcoin from the rest of the miners.

However, in 2013 the foremost application-specific integrated circuit rig was launched in the marketplace, and in a nominal time, these mining rigs acquired an exceeding extent of acceptability in the marketplace. These circuits are specifically designed for bitcoin mining progression as these circuits are exceedingly compatible with bitcoin securing has algorithm 256. The standard bitcoin mining rig costs nearly $1500; however, you can opt for any mining rig suiting your budget.

Block reward

Bitcoin block reward is the main reason why bitcoin miners assimilate computing resources in order to verify bitcoin transactions. Block reward consists of bitcoin units alongside the transaction cost associated with an explicit transaction. Bitcoin block reward at the instance is 6.25 units with the transaction cost.

Bitcoin Block Reward Halving Event!

Bitcoin block reward halving is the utmost crucial event occurring in the bitcoin complex. Bitcoin block reward halving event is the process of halving the block reward acquired by bitcoin miners subsequent to verifying a bitcoin transaction.

Block reward halving event occurs after every four years and is a leap year progression. The foremost block reward halving took place in the year 2012, and the block reward was declined to 25 bitcoin units. The foremost bitcoin block reward was 50 bitcoin units alongside the transaction cost, and it was correspondingly halved.

The second block reward halving took place in the year 2016, and the third most bitcoin block reward halving took place in the year 2020. The recent block reward halving declined the block reward to 6.25 bitcoin units.

Bitcoin block reward halving correspondingly affects the price of bitcoin as the foremost block reward halving inclined the value of bitcoin, and the recent block reward halving event made bitcoin head on the towering route.

These are some of the obligatory factors and terms regarding bitcoin mining.

 

Bitcoin recently confronted ample challenges, which declined the value of the utmost speculative asset to an exceeding extent. The cryptocurrency market crash correspondingly affected the market value of bitcoin alongside the market cap and dominance.

The prominent reason behind the cryptocurrency crackdown is china announcing the crypto crackdown in the country. All the more, there were few other reasons that led to the cryptocurrency crackdown, such as Elon musk announcing the suspension of bitcoin as a payment method in tesla motors. Moreover, if you want to avail yourself gigantic results in your bitcoin expedition, bitcoin buyer for more details; the fact might amaze you that china cracking down cryptocurrencies and other digitalized coinage is an overall win for bitcoin; you might be wondering how.

China's crypto crackdown has adversely affected the bitcoin marketplace, but it is claimed to ease bitcoin mining to an exceeding extent. Here are some of the crucial reasons why china's announcement of cryptocurrency crackdown is transforming bitcoin mining into a much easier progression, so without wasting any further dues, let's have a look.

Bitcoin Mining

Bitcoin Mining is the utmost decisive component of the bitcoin infrastructure as it is the central entity of the entire complex. Bitcoin mining is subjected to tons of significant roles in the bitcoin network, such as availing new flanged bitcoin units as the block reward of bitcoin mining progression, verifying bitcoin transactions, and processing the information regarding bitcoin transactions to the public ledger.

In nutshell bitcoin miners, sustain the cycle of bitcoin and embrace the security of the bitcoin complex by verifying transactions and rendering the information regarding these explicit transactions to the blockchain.

Bitcoin mining basically aims at verifying bitcoin transactions by investing computer resources alongside power sources. Bitcoin miners, in order to verify the transaction, solve an explicit math puzzle; the prominent reason behind solving a math equation rendered by the bitcoin algorithm is to determine a nonce value of every explicit transaction.

Bear in mind a block of the blockchain might contain either contain one transaction or multiple transactions depending upon the size of that explicit transaction. In a nutshell, a block can contain more than one nonce value.

The fact might amaze you that there is already 4 billion hashing function in the blockchain which makes it more complicated to acknowledge diversified nonce hashing function for every transaction. In order to embrace the ease and pace of determining nonce value, a robust bitcoin mining rig is essential, alongside a conventional power source.

How is China's Cryptocurrency Crackdown Making Bitcoin Mining Easier?

Crypto enthusiasts are familiar with the fact that China is the home of bitcoin mining. Conferring the robust facts and analysis, china produces more than half of the hashing rate of the entire global bitcoin mining chain. A single province of china contributes more than 5% of the hash rate to the global bitcoin mining chain. All the more energy consumed by china single-handedly in terms of bitcoin mining is more than the annual energy consumption of few regions.

The recent announcement of the Chinese jointed community regarding cryptocurrency crackdown correspondingly included halting of bitcoin mining and other cryptocurrency mining. Few robust sources considered China's announcement as just a move to crash the cryptocurrency industry.

However, in a nominal time of the announcement, higher authorities of mining capitals blazed the trial of prohibiting bitcoin mining in their explicit region. Beijing Inner Mongolian region and Yunnan have correspondingly started to ban bitcoin miners, either explicit or pool.

The fact might stun that bitcoin miners from china are migrating to diversified countries such as Afghanistan and the American region. Bitcoin miners are not potential enough to migrate to another region are selling off their bitcoin mining equipment at half prices.

Decline In Hash Rate!

You might be wondering how the entire progression eased the process of bitcoin mining. Bitcoin mining was equipped with immense competition prior to the cryptocurrency market crash. The immense chaos while mining bitcoin units inclined the complexity of bitcoin mining as miners have to compete with each other in order to avail the block reward. In a nutshell, miners merely receive the block reward only if they solve complicated math puzzles at the very first glance.

The cryptocurrency crackdown in china has declined almost 50% of the competition, and miners are now equipped with more space. This is how bitcoin mining in china eased bitcoin mining.

 

Millions of individuals want to make good money through bitcoin trading. It's because the particular activity gives everyone so many opportunities by which they can make a lot of money. But the main problem all such people are facing is about selecting the right bitcoin trading platform. There are so many platforms present that are used for trading, so most folks are confused about picking the right one. If you are also one among them, then you simply have to stick to the entire guide to last to get better results.

Firstly, all beginners do focus on the bitcoin Official trading App that is reputed and popular. If they want to make huge profits, then dealing with a top-ranked trading platform is the only option. It's because here new traders get better services at suitable terms and conditions. In the same way, they perform trading in the right way and get many options to make their money double. Later in the post, you will know some main points that will help you pick good trading software among all others.

Things that help in choosing good trading software

After gathering all information about bitcoin trading and knowing where to start, it's time for a novice to pick a good or safe trading software. They must know that only that software is the best which they can easily use in all devices and that is easy to access. Apart from the same, given below are the main tips which they consider as to get better services always while trading.

1. Safety – yes, the major aspect to ponder while looking for good trading software is the security or safety provided by it. One needs to go through all types of software and then check out their services carefully. After then they need to focus on that one which gives the high-level security, and as a result, users can do activities easily.

2. Terms and conditions – second major tip to use in order to find the best trading software is to make a wise on the terms and conditions. If they find all terms and conditions suitable or they meet their requirements, then only they should go with that trading software to begin trade and earn a lot of money.

3. Charges or fees – as you know that there are so many trading software’s present these days, so they all are charging some fees to the users. Among all of them, you need to prefer that in which the charges or fees are low. It's the only way to can save money little by little on transactions or trading activities.

4. Reputation and interface – beginners should pay attention only to the reputed trading software and then pick the most reputed one directly. Secondly, they have to check the interface of the software. If they find it easy to run or understand everything about it, then only it's the best option for them to get positive results.

5. Allowance of crypto – you need to check whether the trading software you are selecting allows you to trade all types of crypto or not. Only those platforms are the best that allows you to trade every type of crypto, and after then, only you become able to trade without any problems.
By simply dealing with all these tips, every person who is new can enjoy trading to get top-notch results.

Perform bitcoin trade wisely

Once you enter the bitcoin market, then you simply have to implement the right tips or strategies to make good profits. An ideal option for beginners is to take the right advice from the experts or professional traders to make better decisions only. Also, if they want to make the right predictions, then using the tools for making technical analysis is very important.

To make profits in the beginning, the only tip for beginners is to start from a small level, gain experience, and then perform trade. More importantly, they have to deal with the right exchange where they can buy or sell BTC anytime accordingly. It's the only way to play trading properly and generate good money.

 

Bitcoin renders an ultra-hedge against inflation due to its finite supply. As a result, Bitcoin is the most popular and valuable cryptocurrency in the marketplace subjected with a market cap of almost 1 trillion dollars.

Bitcoin is followed up by the second-leading cryptocurrency named Ethereum; bitcoin was launched in 2009, whereas Ethereum was launched in 2014 by a Russian programmer. In addition, there are applications like http://bitcoin-up.live/ that can assist you in availing maximized results in your bitcoin expedition. As a result, millions of individuals across the globe are indulged in bitcoin either in investing and trading or in bitcoin mining.

Despite the exceeding involvement, only a few people are unaware of bitcoin's actual means, especially traders. There are tons of crucial aspects about bitcoin that you should know before involving in the bitcoin complex. Here is everything you should know about bitcoin, so what are you waiting for? Let's dive in.

What Does Bitcoin Refer to?

Bitcoin was developed in 2008, and the network of bitcoin went live in 2009. Bitcoin was composed as a method of transaction to facilitate the transactions. Bitcoin is complexed with a peer-to-peer network which helps bitcoin in achieving the decentralization characters.

The political independence of bitcoin demonstrates that no government authorities can ban nor authorize bitcoin; the only thing these higher authorities are capable of is halting the utilization of bitcoin in that explicit country. The developer of bitcoin, Satoshi Nakamoto, released ample facts regarding bitcoin via white paper of bitcoin.

In a nutshell, bitcoin is a digitalized currency having value. Undoubtedly bitcoin was released just as a currency, but the acceptance of bitcoin across the globe due to its feature transformed bitcoin into an investment asset. Conventional e-banking forums such as PayPal have correspondingly blaze4d the trial of rendering cryptocurrency service.

Where To Buy Bitcoin?

Bitcoin is devoid of physical touch, which demonstrates that the method of buying bitcoin is correspondingly digital. Buying bitcoin might sound like a complicated task. However, it is the utmost easiest trait of the bitcoin network.

There are several trustable exchange websites and platforms which permit you to buy bitcoin just hassle-free. Moreover, you are allowed to convert bitcoin into another cryptocurrency or any sort of fiat currencies utilizing these trustable exchanges.

Bear in mind that there are tons of exchange platforms in the marketplace, and you have to opt for the best class website or platform in order to avail fruitful results in your bitcoin expedition. Ensure that the trustable bitcoin exchange you are about to opt for must be rendering services in your region. All the more, that trustable exchange must offer services through your desired payment method.

Once you have plumped for the best-in-class trustable exchange, you just need to follow few steps in order to buy your first ever bitcoin. The first one is to register on that explicit platform, the second one is to complete the registration and validation process, the third one is to connect a payment method, and the last one is to buy bitcoin.

Where To Store Your Bitcoin Units?

You might be wondering that instance you have purchased your bitcoin units, where this bitcoin go. Bitcoins are actually stored in a bitcoin wallet. The core notion of a bitcoin wallet is like to a physical wallet; however, the dynamics of a bitcoin wallet are much more diversified than the physical bitcoin wallet.

Bitcoin wallet is encrypted with much higher security. The fact might stun that if you lose your private key of the bitcoin wallet, there is no going back. You cannot restore your bitcoin stash stored in that explicit wallet.

There are more than 4 million bitcoin units lost, conferring a similar progression. Bitcoin wallet correspondingly renders you a bitcoin wallet address. The address is the mere identity that is rendered by the bitcoin complex to users.

While making transactions in the bitcoin complex, the mere detail you need regarding the recipient or service provider is the bitcoin wallet address. In a nutshell, the bitcoin wallet address is the public identity, whereas the bitcoin private key is the private identity. Wallet address basically starts from bc1, and the wallet address is the only detail shared on the blockchain of the bitcoin complex.

This is everything you should know about bitcoin.

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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