mining – Jupiter Broadcasting https://www.jupiterbroadcasting.com Open Source Entertainment, on Demand. Sun, 10 Jul 2022 17:41:53 +0000 en-US hourly 1 https://wordpress.org/?v=5.5.3 https://original.jupiterbroadcasting.net/wp-content/uploads/2019/04/cropped-favicon-32x32.png mining – Jupiter Broadcasting https://www.jupiterbroadcasting.com 32 32 Brunch With Brent: Tim Canham | Jupiter Extras 87 https://original.jupiterbroadcasting.net/149177/brunch-with-brent-tim-canham-jupiter-extras-87/ Sun, 10 Jul 2022 10:00:00 +0000 https://original.jupiterbroadcasting.net/?p=149177 Show Notes: extras.show/87

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Show Notes: extras.show/87

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Tempted But the Truth is Discovered | LINUX Unplugged 394 https://original.jupiterbroadcasting.net/144307/tempted-but-the-truth-is-discovered-linux-unplugged-394/ Tue, 23 Feb 2021 19:45:00 +0000 https://original.jupiterbroadcasting.net/?p=144307 Show Notes: linuxunplugged.com/394

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Show Notes: linuxunplugged.com/394

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Blame it on Mt. Gox | Plan B 13 https://original.jupiterbroadcasting.net/39802/blame-it-on-mt-gox-plan-b-13/ Tue, 02 Jul 2013 16:22:58 +0000 https://original.jupiterbroadcasting.net/?p=39802 The guys discuss what the heck is going on with the price of Bitcoin, and what you can expect.

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The guys discuss what the heck is going on with the price of Bitcoin, and what you can expect. The cost of running the bitcoin network is coming up against the price of the coin, we’ll discuss how these two elements are coming to a head.

Plus: The big theme from the Bitcoin London conference, the ridiculous anti-Crypto currency rhetoric from the G8 summit, your questions, and more!

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If you enjoyed this episode, found value or information from it, please consider contributing using Bitcoin. Each episode gets its own unique Bitcoin address so by tipping you\’re not only making our continued efforts possible but telling us what you liked. Our episode specific address is listed at the bottom of the show notes.

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Written by “John Lyons, chief executive, International Cyber Security Protection Alliance”

As world leaders gather at the G8 summit in Northern Ireland this year, they will be considering and debating some of the most pressing global issues of our time. Those that specialise in the cyberspace arena hope that they will also have time to address the deeply worrying trends that threaten the economic and social benefits that the internet can deliver to humankind.

As highlighted by the latest initiative of the United States to arrest some of the suspects that were involved in Liberty Reserve (a group indicted for money laundering that ran a $6 billion worldwide operation out of Costa Rica), alternative payment mechanisms, such as Bitcoin and a host of others, can enable criminal and terrorist groups to launder money and fund their operations.
Governments around the world could take two measures that would have a significant
and long-lasting effect on the ability of online criminals to secure their ill-gotten gains: 1. Outlaw alternative payment mechanisms for trading currencies online; and 2. Introduce legislation to confiscate the proceeds of online crime.

If treasuries and financial institutions around the world were to block those transactions and permit only legitimate currencies to be used on the internet through regulated payment service providers and cards (such as Visa, MasterCard and American Express), then the flow of many billions of dollars to criminal groups would be stemmed. Furthermore, if those same countries introduced, if necessary, additional legislation to confiscate the proceeds of such online crime, these funds could be either returned to those who had been defrauded or used to fund international projects that could bring about a more safe and secure internet environment for all citizens.

If the leaders of the European Union and United States could be convinced to take a lead on these initiatives, that would be a huge contribution to making the internet a safe place for financial transactions. At the same time, it would also strike a blow against those who would try to destroy the fabric of our the world’s well-being.


It\’s hard to believe, but in less than two weeks, our Kickstarter campaign was funded. We planned this out so we can do a quality documentary, but an increased production budget means a much better film. With our stretch goals, we can span the country and even the globe to talk with the world\’s experts on bitcoin, crypto currency, and currency in general.


Bitcoin London Happening Now:

@vessenes 1200 attendees @ San Jose, 60% members of @BTCFoundation outside US. #metrics for #Bitcoin #btclondon

Europe is better positioned as a better place to create Bitcoin-based startups than the US. That was the message coming out of Bitcoin London today, the first major conference in London to cover startups, investors and business models. Covering the broad sweep of businesses, technologists and institutions involved in the Bitcoin space, the conference heard that the US may have made a fatal strategic mistake in classifying Bitcoin as if it were money so early on in its development.

What has emerged is that Bitcoin is being treated in many different ways: as money, as an asset class, as the first highly secure P2P global information exchange, as a technology platform and even as a if it were a startup entity in its own right

The \”Winklevoss Bitcoin Trust\” aims to give commodity buyers more exposure to Bitcoins. According to Business Insider, the trust will apparently operate like an exchange-traded fund, which is an investment fund that can be traded like a stock.

\”The investment objective of the Trust is for the Shares to reflect the performance of the Blended Bitcoin Price of Bitcoins, less the expenses of the Trust\’s operations,\” the filing reads. \”The Shares are designed for investors seeking a cost-effective and convenient means to gain exposure to Bitcoins with minimal credit risk.\”

The Winklevoss Bitcoin Trust will initially sell $20m (£13m) worth of shares to investors, according to a filing with the US regulators.

Their company, Math-Based Asset Services LLC, filed forms with the U.S. Securities and Exchange Commission yesterday.


OMG THE PRICE!!one!!


Litecoin Update:

Forget about constantly checking news about Litecoin and Mt. Gox. Instead, register your Email and receive a notification when Litecoin starts being traded in Mt. Gox.

Bitcoin Pick

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To Mine or Not to Mine? | Plan B 5 https://original.jupiterbroadcasting.net/36791/to-mine-or-not-to-mine-plan-b-5/ Tue, 07 May 2013 17:35:29 +0000 https://original.jupiterbroadcasting.net/?p=36791 We answer your Mining questions, and face reality: difficulty is up, ASICs are hitting the market, and it’s getting hot outside. Should you still mine bitcoin?

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We answer your Mining questions, and face reality: difficulty is up, ASICs are hitting the market, and it’s getting hot outside. Should you still mine bitcoin?

Plus the surge in alternative crypto-currencies, ESEA League\’s DRM slips in a bitcoin miner, new regulators looking at bitcoin, and a Bitcoin health check.

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ESEA League, one of the largest PC gaming leagues, has admitted to putting code into the league\’s client software to \”mine\” bitcoins

The U.S. CFTC (Commodity Futures Trading Commission) considering whether the digital currency falls under their supervision. The alternative currency is \”certainly something we need to investigate,\” said CFTC Commissioner Bart Chilton to the Financial Times.

Regulate Bitcoin? https://i.imgur.com/g3CiTx3.png

Gawker has learned that a much-hailed partnership between two of the most prominent players in Bitcoin, Mt. Gox and CoinLab, has devolved into a nasty $75 million lawsuit, which appears to be by far the biggest Bitcoin-related lawsuit ever.

First, it\’s just a lawsuit. Thousands are filed every day. Breathe. From the complaint, it looks like CoinLab had an agreement with Mt. Gox. CoinLab probably paid a pretty penny (er, satoshi) for that agreement. CoinLab is now alleging that Mt. Gox is not holding up its end of the bargain. What would you do in this situation?

Health Check

In April, $1 billion worth of bitcoins was traded across all exchanges, according to an aside in the complaint bitcoin startup Coinlab just filed against the world\’s largest bitcoin exchange, Mt.Gox. Just a month prior, only $60 million in bitcoin was traded, estimates Jeremy Liew, a managing director at Lightspeed Venture Partners.

Back in February we announced that over $1M USD worth of bitcoin was being bought and sold each month on Coinbase.

Here we are a little less than 3 months later and we\’re now doing $15M USD per month of bitcoin buys and sells.

Mine or Not to Mine?

What started as a pastime any computer could dabble in has spurred the evolution of truly ridiculous powerhouse Bitcoin mining rigs. Meet the monster machines more powerful than everything you\’ve ever owned, combined. By a factor of thousands.

Good Resources

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Just Getting Started | Plan B 2 https://original.jupiterbroadcasting.net/35446/just-getting-started-plan-b-2/ Tue, 16 Apr 2013 17:43:38 +0000 https://original.jupiterbroadcasting.net/?p=35446 Is Bitcoin an environmental disaster? Recent claim Bitcoin mining draws as much power as 31k American homes. We bust the FUD. And why Litecoin solves bitcoin's deflation.

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Is Bitcoin an environmental disaster? Recent reports claim Bitcoin mining draws as much power as 31k American homes. We bust the FUD.

It seems obvious to us, but lets face it, people just don’t get it. It’s early days for bitcoin, calling the last weeks events “the end of bitcoin” is just straight up FUD and we’ll break it down.

Plus why those of you worried about deflation just aren’t seeing the big picture, the important new bitcoin loving merchants, and Litecoin could save us all.

All that and so much more!

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— Discussion —

We’re proud to announce you can now find true love with Bitcoin by using OKCupid! This is one more step forward for bringing Bitcoin to the masses – one date at a time.

Blockchain.info, a site that tracks data on Bitcoin mining, estimates that in just the last 24 hours, miners used about $147,000 of electricity just to run their hardware, assuming an average price of 15 cents per kilowatt hour … That’s enough to power roughly 31,000 U.S. homes, or about half a Large Hadron Collider.

No more so than the wastefulness of mining gold out of the ground, melting it down and shaping it into bars, and then putting it back underground again. Not to mention the building of big fancy buildings, the waste of energy printing and minting all the various fiat currencies, the transportation thereof in armored cars by no less than two security guards for each who could probably be doing something more productive, etc.

As far as mediums of exchange go, Bitcoin is actually quite economical of resources, compared to others.

New bitcoins are generated, or \”mined,\” when computers succeed at solving increasingly complex equations. Bloomberg recently described this mining process as an \”environmental disaster\” because of the energy required to power the machines working on the problems.

The bitcoin mining process incentivizes people to be as efficient as possible and use as little power as possible to create bitcoins and to validate the transactions. The more efficient you are, less you spend on electricity and the more profitable you\’ll be. In the future, I expect to see bitcoin mining in places where electricity is free or cheap. You could put solar array in the Arizona desert attached to bitcoin miners and instead of trying to ship that electricity all over world, you could ship Bitcoin all over the world. The output of bitcoin mining is heat. You\’ll see bitcoin mining happening in places where people need heat anyway. I could imagine bitcoin heaters that, in addition to generating heat, generate bitcoin.

There are just over 2 quadrillion maximum possible atomic units in the bitcoin design.
Comparing 1 BTC to 1 Dollar is a bit disingenuous. We subconsciously make this connection in our minds when watching markets and a BTC’s price relative to the dollar, but in terms of money supply, ~21 million total bitcoins isn’t quite what it seems. 1 BTC = 100,000,000 Satoshis (A Satoshi is the smallest unit of measurement within bitcoin).
In the future, with further adoption, we (potentially) won’t be thinking of exchanging in whole bitcoins, but in tiny fractions of bitcoins (bitcents, millibitcoins, microbitcoins). In normal inflationary currencies, the number of currency units in existence consistently increases, supposedly to match the demand for these units and prevent the value from increasing. Bitcoin scales by dividing bitcoins into tiny fractions, not by increasing the total supply. Other mainstream currencies don’t have the capacity to divide to this degree, nor would there be any need to since the smaller units would consistently lose purchasing power.

  • Do other Crypto currencies like LTC and PPs act as a new type of inflation to bitcoin? IE, while there are a set number of bitcoins, they are going to be numerous general purpose crypto-monies.

  • [Gimp-developer] Added Bitcoin donation option

There has been demand for a Bitcoin donation option for some time already. We had delayed that option because we couldn\’t really use Bitcoins per se – I still do not know about any place where plane tickets are for sale, and these are our biggest expenses overall.

But there are finally some reliable exchanges popping up, which are located in countries where the responsible treasuries regulate them like any other exchange (i.e. not the Cayman Isles 🙂
More recently I chose to delay adding the address due to the current Bitcoin hype, with prices well over USD 200 – I didn\’t want GIMP to appear like an opportunist who\’s just after quick money.

Bitcoinary a peer to peer exchange and reputation system. Trade Bitcoins with trusted people.

— Litecoin —

Mattias Writes:

Hi Chris and Drew!

I just started mining bitcoin and litecoin, both on CPU, and
I have found that you can mine bitcoin and the system will
run just as smooth as if you did not mine, while litecoin will
make you system very jaggedy. Therefore I\’m mining litecoin
when I am not using my computer and bitcoin when I am
using my computer.

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Mining Asteroids & Shuttle Discovery | SciByte 44 https://original.jupiterbroadcasting.net/19186/mining-asteroids-shuttle-discovery-scibyte-44/ Tue, 01 May 2012 22:59:56 +0000 https://original.jupiterbroadcasting.net/?p=19186 We take a look at mining asteroids, recovery from strokes, lefties, talking to yourself, solar cells, a review of some recent major media stories, and much more.

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We take a look at mining asteroids, recovery from strokes, lefties, talking to yourself, solar cells, a review of some recent major media stories, viewer feedback, spacecraft updates, and as always take a peek back into history and up in the sky this week.

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New Mining Resources



Credit:
PlanetaryResources

  • Asteroid Mining
    • The idea of exploiting the natural resources of asteroids dates back over 100 years.
    • California Institute of Technology in Pasadena completed an in-depth study of the feasibility of asteroid mining
    • The study showed that, for the first time in history, this was now feasible using technology available in this decade
    • It is reasonable to assume we could identify, and bring an entire asteroid that is roughly 23 feet [7 meters] wide [~500 tons] into a high lunar orbit
  • Asteroid composition classifications
    • D class asteroids: They are also known as Trojan asteroids of Jupiter and are dark and carbonaceous in composition.
    • C class asteroids: They are found in the Earth’s outer belt and are darker and more carbonaceous than the ones found in the S class.
    • S class asteroids: They are found in the Earth’s inner belt, closer to Mars and are composed of mostly stone and iron.
    • V class asteroids: They are a far-out group of asteroids that follow a path between the orbits of Jupiter and Uranus, and are made of igneous, eruptive materials.
  • Why is mining asteroids feasible now?
    • The ability to discover and characterize enough sufficiently small near-Earth asteroids for mining.
    • An evolving ability to equip powerful enough solar electric propulsion systems to enable transportation of the captured asteroid.
    • A proposed human presence around the moon in the 2020s both enables exploration and exploitation of the returned near-Earth asteroid.
  • * Enter Planetary Resources, Inc.*
    • A new company Planetary Resources, Inc. is now making plans to be able to mine asteroids
    • The company, has been in existence for about three years, announced itself to the general public now because they are starting to aggressively search for the world’s best engineers, to help design and build a fleet of asteroid-mining robots [not Bruce Willis]
    • This company’s investors include Google execs Larry Page and Eric Schmidt, who are worth $16.7 billion and $6.2 billion
    • Their advisors include, filmmaker and adventurer James Cameron, former NASA astronaut Tom Jones and MIT planetary scientist Sara Seager
    • While it may be possible for this to happen, Planetary Resources is still years away from actually seizing an asteroid and staking a cosmic claim
    • Materials from such asteroids could be used for both the Earth and for planetary exploration, providing shielding galactic cosmic rays and propellant to transport a shielded
    • The initial focus will be developing Earth orbiting telescopes to scan for the best asteroids, and later, create extremely low-cost robotic spacecraft for surveying missions.
    • What we learn from such missions and a possible industry could someday help us deflect a much larger near-Earth object
  • The Legal angle
  • The legality of asteroid mining is in itself interesting
  • The 1967 Outer Space Treaty says that “Outer space, including the moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.”
  • Whether or not that applies to individuals or companies is one question
  • Anything launched into space remains the private property of its owner
  • However NASA and other entities ‘own’ and sell rocks and dirt from the moon
  • Even the sea-floor could be mined
    • Canada-based mining firm Nautilus Minerals said Tuesday it had signed China’s Tongling Nonferrous Metals Group as the first customer of its pioneering Papua New Guinean seafloor mine.
    • Currently it is slated to begin production in the fourth quarter of 2013 Nautilus claims the project to be the world’s first commercial seafloor mine
    • This area has deposits of rocks containing high grades of copper, gold, zinc and silver, what is known as “seafloor massive sulphides” from hydrothermal vents
    • Robots would be controlled remotely to drill for those sulphide deposits 5,250ft [1,600 m] below sea level
    • Then another machine would pump the material to a support vessel at the surface, which would then be dewatered for transport
    • These robots are currently under construction and are based on those used in deepwater oil and gas, terrestrial mining and marine dredging industries
  • Multimedia
  • Further Reading / In the News

— NEWS BYTE —

Recovery from Strokes

  • The low down
    • Currently the drugs administered for a stroke are to break up clots that caused the stroke, and need to be given within 4.5 hours after a stroke
    • Neuroscientists at the Stanford University School of Medicine were looking for alternatives
  • Significance
    • Brain-derived neurotrophic factor, BNNF, are powerful and long-studied nerve growth factor
    • BDNF is critical during the development of the nervous system and known to be involved in important brain functions including memory and learning.
    • A compound called LM22A–4, mimics this factor, is a small molecule that weighs less than one-seventieth that of BDNF
    • In a study the speed of recovery was improved rapidly, in fact those mice who had received the drug showed half as many stroked affected nerve cells as their counterparts without the drug
    • In fact the drug wasn’t even administered until a full three days after the strokes, showing that it does not limit a strokes damage but enhances recovery
    • These molecules stimulate the brain’s own stem cells to form new neurons
    • Stem-cell therapy is a somewhat invasive and expensive treatment for lost or damaged tissues, making a drug that could achieve the same results on the brain very promising and a welcome development
  • Further Reading / In the News

The competitive nature of lefties

— TWO-BYTE NEWS —

Talking to yourself isn’t crazy

Liquid Solar cells

— THE NEWS IS CATCHING UP—

Nine Planet System

Planet in habitable zone

— VIEWER FEEDBACK —



Credit: [Arizona State University]

Spirals on Mars

  • For making sure that we saw this, thanks to
  • Jacob Roecker & other JupiterBroadcasting staff members
  • The low down
  • What started as research into nighttime infrared temperatures of the plates, came in interest in the terrain between the plates, leading to a Arizona State University graduate student noticing spiral patterns in the lava
  • Here on Earth lava coils can be found on the Hawaiian islands(*seen in space.com article below) and near the Galapagos Rift on the Pacific Ocean floor
  • When lava flows move past each other at different speeds, or directions, rubbery lava crust can peel away or coil up to create wrinkles in the crust that can then be twisted around
  • In order to really make them out the images need to be zoomed and have their contrast tweaked a bit
  • The largest Martian coil is however bigger than any seen on Earth; at 98 ft [30 m] when the ones on Earth are about a third of that
  • Further Reading / In the News
  • Researchers find new form of Mars lava flow | phys.org
  • Ancient Mars Lava Spirals Reveal Volcanic Secrets of Red Planet | space.com

SPACECRAFT UPDATE

The Shuttle Shuffle Continues



YouTube channel : daujla2

SpaceX Falcon 9 Rocket

  • SpaceX is preparing for a scheduled launch of May 7th headed to the International Space Station!
  • Further Reading
  • SpaceX

You may have seen

California Meteorite



CREDIT: Lisa Warren | Credit : P. Jenniskens (SETI Institute) and Eric James (NASA Ames)

  • Last time on SciByte
  • The low down
    • Sunday April 22 over California a large fireball was seen along with a sonic boom characteristic of large meteors entering the Earth atmosphere
    • Scientists have confirmed that this meteor was between 4 to 5 billion years old and probably about the size of a minivan, about 154,300 pounds [69,989 kg]
    • Meteorites don’t actually ‘burn-up’ the friction against the air during re-entry actually causes it to vaporize
    • The sonic boom heard from this meteor was because it entered the atmosphere faster than the speed of sound, between 22,000 mph and 44,000 mph [35,000kph – 70,000kph]
  • Significance
    • The meteors reentry was seen from Sacramento, Calif., to Las Vegas and parts of northern Nevada.
    • The first pieces, discovered by Robert Ward, were neat where gold was first discovered in California in 1848
    • Ward has been hunting and collecting meteorites for more than 20 years and has found meteorites in every continent but Antarctica
    • Those two pieces were probably part of the same meteorite that broke apart on impact, each weighs about 10 grams, about the same as two nickels
    • Most nighttime meteors that you see are around the size of grain of sand or a tiny stone, and only last a few seconds
    • An meteor event of this size typically happens around the world once a year, and then most occur over ocean or uninhabited places
    • Although this event occurred just after the peak of the annual mid-April Lyrid meteor shower it is unlikely that it was a Lyrid meteor, although without more information about its trajectory it won’t be known for sure
  • Of Note
    • “NASA and the SETI Institute are asking the public to submit any amateur photos or video footage of the meteor that illuminated the sky over the Sierra Nevada mountains and created sonic booms that were heard over a wide area at 7:51 a.m. PDT Sunday, April 22, 2012.”
    • Also any security footage should be checked to see if the fireball was visible, which could also be used in pinpointing the area for fragments
  • Further Reading / In the News

SCIENCE CALENDER

Looking back

  • May 08 1790 : 222 years ago : Metric System : Acting on a motion by a bishop, Charles Maurice de Talleyrand (1754–1838), the French National Assembly decided to create a simple, stable, decimal system of measurement units. The earliest metre unit chosen was the length of a pendulum with a half-period of a second. On 30 Mar 1791, after a proposal by the Académie des sciences (Borda, Lagrange, Laplace, Monge and Condorcet), the Assembly revised the definition of the metre to be 1/10 000 000 of the distance between the north pole and the equator. On 7 Apr 1795, the Convention decreed that the new “Republican Measures” were to be henceforth legal measures in France. The metric system adopted prefixes: greek for multiples and latin for decimal fractions.
  • May 06 1937 : 75 years ago : Hindenburg : At 7:25 pm, the dirigible The Hindenburg burned while landing at the naval air station at Lakehurst, N.J. On board were 6l crew and 36 passengers. The landing approach seemed normal, when suddenly a tongue of flame appeared near the stern. Fire spread rapidly through the 7 million cubic feet of hydrogen that filled the balloon. Within a few seconds the Zeppelin exploded in a huge ball of fire. The ship fell tail first with flames shooting out the nose. It crashed into the ground 32 seconds after the flame was first spotted; 36 people died. Captain Ernst Lehmann survived the crash but died the next day. He muttered “I can’t understand it,” The cause remains the subject of debate even today.

Looking up this week

  • Solar Activity

  • Another CME will pass by the Curiosity rover around May 4th, Curiosity is actually equipped with instruments to sense and study solar storms

  • Keep an eye out for …

  • Thursday, May 3rd : Saturn and Spica are to the lower of the moon, Saturn being the farther from the Moon and to the left

  • Friday, May 4th : The Moon will now sit below both Saturn and Spica

  • Saturday, May 5th : The moon will be near the horizon below and to the left

  • Saturday, May 5th is Full Moon, called a ‘super moon’ because it is the one full moon of the year when the Moon is in its closest part of its orbit, appearing 14% larger and 30% brigher

  • Later this month there will be an Annular (ring) eclipse for the Western Americas, and a Partial eclipse for the rest.

  • The southern hemisphere should, Keep an eye out for …

  • Just remember to vertically flip all the things for the Northern hemisphere

  • Saturn and Spica will sitting above the Moon

  • Further Reading and Resources

  • More on what’s in the sky this week

  • Sky&Telescope

  • SpaceWeather.com

  • StarDate.org

  • For the Southern hemisphere: SpaceInfo.com.au

  • Constellations of the Southern Hemisphere : astronomyonline.org

  • Royal Astronomical Society of New Zealand : rasnz.org.nz

  • AstronomyNow

  • HeavensAbove

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