http://www.techsylvania.co/

2. What do we mine NEXT???

4. What???

5. Virtual coins

6. What What ???

7. Miners of cash
Over my long and diverse life and career, not one innovation, either cultural or economic, nor
any branch of the economy has ever shown as much hype as that connected with
cryptocurrency, and words such as bitcoin, etherium and blockchain. Over just a few months of
2017, the number of people involved in mining cryptocurrencies has reached hundreds of
thousands. Both the wholesale and retail market have run out of video cards (used by miners
to mine cryptocurrencies, including at home), while video card manufacturers’ shares have
risen in value by 60 to 70 per cent. Miners and members of the new ecosystem have instantly
become multimillionaires, faster than sports and showbiz stars. Nineteen-year-old start-uppers
have managed to gather tens and even hundreds of millions of dollars in cash by making
successful Initial Coin Offerings (ICOs), while those with a more conservative view were just
stocking coins and waiting for their moment with their share of cryptocurrencies in their
cryptowallets, feeling they were getting richer and richer by the hour. Successful currencies
could bring in 100 per cent profit in just one day, while the more conservative ones, such as the
bitcoin, have grown by a mere 2000 per cent over the last 20 months.
I did not witness the Gold Rush in California and Siberia 150 to 200 years ago, but I am fairly
sure that mining nowadays provides a more effective rush.

8. Smart contracts
The new Distributed Ledger Technology behind mining has not evaded the different areas,
either. This may be less surprising, because it was likely the media who first encountered the
technology – remember BitTorrent, eDonkey and other P2P file sharing services?
As Etherium emerged, people started working on smart contract-based services, and of course
we saw innovative decentralized offerings for the many sectors.
But all of those offerings are still based on a small set of offerings normally stemming from the
four basic pillars of the Blockchain system.
Decentralized
Identity - Cryptographic hash
Trusted and Secured
Transparency in any kind of usage.
Fintech was a first sector who jump to blockchain technology platform
This is still a quite limited set of applications still afflicted by the fact that everything remains
within the old paradigm.
All decentralized solutions are based on centralized global infrastructure.
Its like painting old walls , when need total reconctruction
The right technology is already out there.

9. Decentralization of Everything
The new Blockchain technology is already being called the new Internet. It
allows the decentralization of virtually everything. This has started with the
decentralization of the financial system (thanks to the miners), and we can see
the banking system has been shaken by that. The next professions in line are
notaries, lawyers, auditors, consultants, etc. They will be affected through smart
contracts. The essence of the Blockchain technology is in removing all of the
middle men (i.e. third parties), and it is important to understand why the first
“pioneers” making start-up offerings today cannot survive for long. This is
because they are offering brokering services and platforms while
decentralization presumes disruption of all intermediates such as any platforms
and market places.
But the decentralized technology will finally provide the foundation for the
decentralized infrastructure for everything – network, energy and, certainly,
society .

10. Data Mining-knowledge discovery in databases
The statement that Content is King becomes more important after the whole system is rebuilt
and the IoC emerges. Data will be the new commodity. Just look at the data we have in 2017:
Over 10 billion videos emerge daily in Snapchat
Facebook now sees 100 million hours of daily video watch time
People now watch 1 billion hours of YouTube per day
In 2020, these figures will have grown several times over and will reach, as they say, 500
exabytes (1018) of global traffic per year.
If we are to imagine each unit of content forming a pile of user activity data around it, the
successful content can be viewed as the Rocky Mountains, the Andes, the Alps, the Himalayas
with the most successful being Everest containing the new gold, the new oil, the new
commodity, all of which being data. It will be an even newer gold rush for the miners, even
bigger than it is with cryptocurrencies today. They will mine and serve up data to everyone
who pays them with the currency effective at the time. For not only coal or bitcoins can be
mined. Mining smart calculations will be of much greater importance. They will enable the
Knowledge Economy, Smart Cities, and Smart Media.
PS. The only ‘if’ in there is that it will require a huge amount of energy. The support
infrastructure for the Distributed Ledger Technology according to some extrapolations will
require as much energy as Scandic by 2020. However, I think it will not be the biggest problem
for those willing to invest in the reconstruction and creation of the New Media Space of New
Cyber Reality World .

11. Internet of Things (IoT) Industrial Internet of Things ( IIoT)
Sure, everybody has heard of the forthcoming Internet of Things.
This means billions of connected gadgets interacting with one
another, as well as with people, which, from the gadgets’ point of
view, will be no different from the way such interaction is conducted
with other gadgets.
And these 100 billion connected devices will interact with one other in
no more than about 5 years.
All of this will be thanks to decentralization, for a centralized system
lacks security due to too many hackers, while online interaction is
virtually impossible due to the volume of data that needs processing in
always connected mode, which is essential for IoT.
By the time this comes into being, we will have a decentralized
ecosystem, next-generation communications technology, and thus,
different standards and regulation principles.

12. Internet of Content (IoC)
This will be the moment to reconstruct the whole ecosystem
of media and communications .
And now imagine the Internet of Content, which functions
exactly the same way as the Internet of Things.
All content files and their constituents (which are unlimited)
can interact directly with each other and also with users via
an interdependable interaction model.
One can not only stream a ready file, but create something
new while streaming, or allow the media to adapt parts of
content according to one’s wishes and create unique content
only for oneself.
This is all done without any third parties.
Global Peer 2 Peer in everything and more.

14. Trends of DataMining

16. Case 2
Rise of the Data for Autonomous Vehicle

23. DATA

27. Humans are more unpredictable comparing to gadgets

28. Human behavior is unpredictable in anomalies
The task is to be potentially useful in solving the problem
Data (patterns) must:
• carry principal new knowledge for a novel
• provide an opportunity to take an action on the basis of the actionable knowledge

30. Wisdom Economy and Lifestyle

32. “If you buy something like a farm, an apartment house,
or an interest in a business… You can do that on a
private basis… And it’s a perfectly satisfactory
investment. You look at the investment itself to deliver
the return to you. Now, if you buy something like
bitcoin or some cryptocurrency, you don’t really have
anything that has produced anything. You’re just
hoping the next guy pays more.”
Crypto-assets produce decentralized infrastructure They are the fuel that powers
a new form of technology infrastructure that is being built on top of the
foundational internet protocols. Ethereum and EOS are smart contract platforms
that allow developers to create decentralized applications (Dapps in the
vernacular of crypto). Bitcoin and Zcash are stores of value that allow users to
participate in this decentralized application space without the need for fiat
currencies. Bitcoin has produced a transaction processing infrastructure that
looks a lot like Amazon Web Services. Ethereum has produced a similar
transaction processing infrastructure which is also able to run smart contracts. I
believe smart contracts are the most important innovation we have yet seen in
crypto.

35. Blockchain helps startups and SME
Piracy and stolen ideas - IP protection
Lack of funding – Crowdfunding
-get access to previously unattainable finance at lower rates
-get access to the funds in a matter of days instead of having to wait around for weeks or even
months, which can be a killer for cash flow conscious SME’s
-greater access to financing increases the survival rate of SME’s which plays a pivotal role in every
economy
-enables SME’s to compete in a global marketplace with big, multinational corporations.
Micro lending and factoring
Micro and nano-payments
Access instead of distribution(digital)
Crowdsourcing
And…… DATA DATA DATA

36. SME, Startaps & Blockchain will helps:
Smart Cities
Internet of Things
Automotive driverless cars
Drones
Industrial internet of Things
Energy of Things/Decentralized Energy

37. SME, Startaps & Blockchain will helps:

38. https://hothardware.com/news/ethereum-and-bitcoin-energy-consumption-surpass-entire-countries-power-budgets
Power use is up
dramatically, in fact,
that Etherium is
consuming the same
amount of electricity
as a small country.
E.g. Cyprus or
Turkmenistan and
Bitcoin mining
as Argentina
All this energy is used to calculate hash codes in PoW concept.
Energy consumption will decrease when PoS will start to prevail .
This IS NOT USEFUL utilization of hard to mine electricity!
And it creates a lot of CO2 and other pollution effects if you use not hydro or green energy.
OUTCOME: It is not just not useful but dangerous for nature and mankind

39. We need more effective and law cost Energy

40. +22*С
-Electricity rate 0,023 USD per kW-h
Nice cold
155 MgW
Electricity rate 0,2 USD per kW-h

46. WE
are the
DATA
We are the GOLD