For a long time, researchers could only make it work with superconducting magnets that had to be cooled to very low temperatures — which made it useful as part of a larger, cryogenic cooling system, but useless for room-temperature situations. In recent years, the development of better magnetocaloric materials and strong room-temperature magnets has allowed the technology to inch slowly forward Continue reading
India Raises Concerns On Bitcoin’s Credibility, But Doesn’t Call It Illegal Yet
Raghuram Rajan, the RBI’s new governor has reiterated the central bank’s concerns about the credibility of Bitcoin. Addressing a technology conference in Mumbai earlier today, Rajan said there are ambiguities about who controls the value of Bitcoin. Continue reading