Muzaffarabad (Azadi Times): Even during the blessed month of Ramadan, newspaper vendors, who are the backbone of the newspaper industry, struggle to obtain government flour to feed their children.

They lament the disparity, questioning why government aid seems reserved for the affluent while neglecting the needs of the poor. Despite complaints to Prime Minister Azad Kashmir and futile attempts to engage the Secretary of Food, the issue remains unresolved.

The Distribution and Food Control Department’s (DFC) efforts appear limited to mere photo sessions, failing to address the pressing issue of government flour scarcity.

In response to the dire situation, newspaper vendors staged a protest, criticizing the government and the food department for their indifference. Speaking to the media, representatives of the newspaper vendor union voiced frustration, highlighting that government flour appears to be reserved solely for the privileged few. Despite repeated appeals and communication with the DFC in Muzaffarabad, their pleas seem to fall on deaf ears.

Newspaper vendors play a vital role in ensuring newspapers reach doorsteps and offices promptly, regardless of weather conditions. Yet, they lament being neglected and treated unfairly by the state.

They call upon the Azad Kashmir government to take immediate action to address the plight of newspaper vendors in Muzaffarabad division and across the entire state. Failing intervention, they threaten to escalate their protest to a statewide campaign.

Muzaffarabad (Azadi Times – March 19, 2024) Central Giant Secretary of Pakistan Tehreek-e-Insaf, leader of the opposition, government ally President Muslim League (N) Shah Ghulam Qadir, former Prime Minister Raja Farooq Haider Khan, PPP Azad Kashmir President Chaudhry Muhammad Yasin and former prime minister Sardar Muhammad Yaqoob Khan have been asked to submit the assembly meeting to the assembly secretariat for requisitioning.

In the meeting, 954 sacked Beldarans of the Forest Department, hundreds of male and female officials of MNCH, and hundreds of employees of the Civil Secretariat on strike for about 15 days can be discussed in the assembly.

Khawaja Farooq Ahmed said that the movement Insaf would have submitted a requisition to call a meeting if he had a numerical majority, you are the heads of both the coalition parties and the most senior leaders, if you are seriously interested in the stand/demands of these striking employees, call the meeting immediately.

Submit a requisition in the Assembly Secretariat for this, Tehreek-e-Insaaf will be with you in this matter women are sitting on strike with their children in this month of Ramadan, 954 of our Beldarans are on strike and the employees of the Secretariat are also on strike.

Under the circumstances, the assemblies are held to discuss the problems/demands of the people, the assemblies are not established just to get privileges, salaries, and protocols, you two alliance parties have such a majority that you can call the meeting on your own. The Prime Minister does not have to call the meeting, you can call it.

It is the duty of both the coalition parties, including the opposition, to play their part in the Assembly to end the sit-ins and protests of these striking employees and to resolve their legitimate demands.

Call on the forum, when there will be a debate in the assembly, then the government officials will also have to give the government’s position on the assembly forum.

You Muslim League-N, PPP, whose number of members is sufficient to requisition the meeting, will submit the requisition to the assembly secretariat today so that the speaker is forced to call the assembly meeting without the will of the government, the speaker also with your support.

Therefore, there will be no difficulty in convening the meeting, we sincerely hope that when the assembly meeting is held, there will be some solution to the demands of these thousands of striking employees, and these strikes and sit-ins will end

Muzaffarabad (Azadi Times Latest – March 19, 2024): Azad Kashmir’s Minister for Planning, Development, and Energy, Chaudhry Rasheed, has announced the commencement of the 500 kV Pathyali project under the supervision of the Azad Jammu Kashmir Planning and Development Department.

He emphasized that eliminating darkness from the state is a paramount goal of the current government, and steps are being taken to realize this ambition.

These remarks were made during a conversation with prominent Kashmiri political and social leader, contractor Sabir Mughal. Minister Rasheed highlighted the potential of Azad Kashmir to harness electricity from natural resources, which will contribute to the production of affordable electricity.

Addressing the issue of climate change, Minister Rasheed underscored the importance of increasing the electricity supply while conserving forests. He also mentioned several planned industrial projects and encouraged investment in Azad Kashmir, emphasizing the region’s potential for both tourism and hydroelectric power generation.

Minister Rasheed noted the completion of one phase of the Jagaran project and the ongoing expansion of its second phase, which is expected to significantly enhance power supply.

Furthermore, Minister Rasheed stressed the necessity of improving the electricity distribution system in tandem with increasing electricity production. He emphasized the importance of enforcing regulations to achieve this objective.

Regarding governance, Minister Rasheed expressed confidence in the Azad Kashmir government’s progress, asserting that the era of corruption is over. He affirmed that such unethical practices will not find a place in the region’s future political landscape.

MIRPUR: (Azadi Times) March 16th marks a significant day in the history of Jammu and Kashmir, as it commemorates the formation of the state under the Amritsar Treaty.

This historical milestone is observed with reverence and pride on both sides of the occupied state of Jammu Kashmir, symbolizing the shared heritage and aspirations of the Kashmiri people.

On this momentous occasion, Kashmiris worldwide pay tribute to the founders of the state, recognizing their contributions to shaping its identity and destiny.

Overseas Kashmiri communities join in the celebrations, honoring the sacrifices and struggles of their ancestors in establishing the princely state of Jammu and Kashmir.

State Formation Day of Jammu and Kashmir:

In the divided state of Jammu and Kashmir, March 16th is celebrated as State Formation Day, marking the signing of the Amritsar Treaty that conferred princely status upon the region.

The day serves as a reminder of the state’s rich history and cultural heritage, fostering a sense of unity and belonging among its inhabitants.

As the people of Jammu and Kashmir commemorate State Formation Day, they reflect on the vision of their founders and leaders who laid the groundwork for the state’s development and progress. It is a time to honor their legacy and reaffirm commitment to upholding the principles of democracy, justice, and inclusivity.

Across the Line of Control, in Azad Kashmir, March 16th is also celebrated with enthusiasm and fervor as Jammu Kashmir State Formation Day.

The occasion is marked by cultural events, seminars, and gatherings, where the people reaffirm their allegiance to the principles of self-determination and freedom.

As Jammu and Kashmir State Formation Day is observed on both sides of the divide, it serves as a poignant reminder of the region’s complex history and shared destiny. Despite the challenges and divisions, the Kashmiri people unite in honoring their past, celebrating their resilience, and reaffirming their commitment to a peaceful and prosperous future.

Muzaffarabad Sehri & Iftar Timings for Fiqa Hanafi (Next 30 Days)

This table provides the Sehri and Iftar timings for the next 30 days in Muzaffarabad according to the Fiqa Hanafi Islamic school of thought. Utilize this information to plan your upcoming Roza (fasts) based on Fiqa Hanafi timings.

Please note: Sehri and Iftar timings may vary slightly depending on the specific location within Muzaffarabad. It is recommended to consult with your local mosque for the most accurate timings.

Muzaffarabad Sehri & Iftar Timings for Fiqa Jafria (Next 30 Days)

This table provides the Sehri and Iftar timings for the next 30 days in Muzaffarabad according to the Fiqa Jafria Islamic school of thought. Utilize this information to plan your upcoming Roza (fasts) based on Fiqa Jafria timings.

Please note: Sehri and Iftar timings may vary slightly depending on the specific location within Muzaffarabad. It is recommended to consult with your local mosque for the most accurate timings.

Stay Organized for Ramadan with the Muzaffarabad Sehri & Iftar Calendar

Planning your Ramadan fasts in Muzaffarabad just got easier! This comprehensive calendar provides all the essential information you need to manage your upcoming Roza.

Benefits of this Calendar:

• Accurate Timings: Get the precise Sehri (pre-dawn meal) and Iftar (evening break fast) timings for Muzaffarabad throughout Ramadan.
• Double Reference: See both Gregorian and Hijri calendar dates for easy planning.
• Convenience: This calendar is accessible online, eliminating the need for physical downloads.
• Applicability: While specifically designed for Muzaffarabad, locations near the city can likely follow the same timings (consider consulting your local mosque for confirmation).

Additional Tips:

• Share this calendar with friends and family in Muzaffarabad fasting during Ramadan.
• Utilize alarms or reminders based on the Sehri timings to ensure you don’t miss the pre-dawn meal.
• Prepare for Iftar in advance by planning meals or having groceries readily available.

Remember: While this calendar provides a valuable resource, slight variations in timings might occur depending on your specific location within Muzaffarabad. For the most accurate timings, consult your local mosque.

RAWALAKOT: (Azadi Times) A 22-year-old woman named Hafsa Jamshaid, hailing from the district of Rawalakot, Azad Jammu and Kashmir (AJK), was brutally murdered in Rawalpindi’s Dhok Najoo area.

According to details, Hafsa had been residing in Rawalpindi for the past ten months, working at a shopping mart. She had been missing since March 7th, with her family making frantic attempts to contact her friends, to no avail. It was only on March 9th that her body was discovered in her room, bearing signs of violence on her face and head, indicating she was a victim of assault and murder.

Hafsa’s brother, Zauriz Jamshaid, speaking to the media, expressed shock and disbelief over the incident, emphasizing that they had no enmity with anyone. He revealed that their attempts to contact Hafsa’s friends had been futile, and suspicions arose when her close associates showed ignorance of her whereabouts.

The family alleged that the local police had initially shown reluctance in registering a First Information Report (FIR) and had only done so upon persistent requests. However, they lamented the lack of seriousness in investigating the matter thoroughly.

Amidst their grief and anguish, the family demanded justice from the AJK government and administrative authorities, urging for a transparent and impartial investigation into the heinous crime. They called for swift action against the perpetrators and appealed to human rights organizations and governmental representatives to intervene and ensure that the culprits are swiftly brought to justice.

The incident has sparked outrage among the local community, raising concerns about the safety and security of women. Many have joined the family in their quest for justice, questioning how long such atrocities will continue unabated and emphasizing the need for immediate and decisive action.

The Human Rights Movement International has also joined the chorus of voices demanding justice, urging law enforcement agencies to expedite the arrest of the culprits and provide solace to the victim’s grieving family.

As investigations into the brutal murder unfold, the family remains haunted by unanswered questions, with their demand for justice echoing across the region.

Introduction

The AJK Accountability Bureau in Azad Kashmir has been a pivotal development in the region’s governance and oversight landscape. As a new institution dedicated to ensuring transparency and accountability, its establishment marks a significant step towards combating corruption and malpractice. In this article, we will delve into the intricacies of the Accountability Bureau in Azad Kashmir and assess its potential to deliver on its mandate.

Overview of Azad Kashmir AJK Accountability Bureau in

• The emergence of the Accountability Bureau signifies a concerted effort to address issues of accountability and integrity within Azad Kashmir’s administrative framework.
• It represents a proactive approach towards combating corruption and upholding ethical standards in governance.

Significance of the New Accountability Bureau

• The establishment of this institution holds substantial importance for the socio-political landscape of Azad Kashmir, as it aims to instill trust and confidence in public institutions.
• Its role in promoting good governance and ethical conduct among public officials is crucial for fostering sustainable development and progress.

Purpose of the Article

This article seeks to provide an insightful analysis of the challenges, achievements, and potential of the new Accountability Bureau in Azad Kashmir. By examining its establishment, key figures, challenges, controversies, media influence, and the role of local body elections, we aim to offer a comprehensive perspective on the bureau’s efficacy.

The Establishment of Accountability Bureau in Azad Kashmir

The establishment of the Accountability Bureau in Azad Kashmir took place during the People’s Party government led by President Barrister Sultan Mahmood Chaudhry. This initiative was a significant step towards ensuring transparency and accountability in the region. The aim was to combat corruption and hold public officials accountable for their actions.

Leadership and Structure

Justice Retired Basharat Sheikh was appointed as the chairman of the Accountability Bureau, bringing his expertise and experience to lead the organization effectively. Alongside him, a serving Brigadier was appointed as the vice-chairman, further strengthening the bureau’s capabilities.

The appointment of these key individuals demonstrated a commitment to establishing a robust accountability mechanism in Azad Kashmir. With their extensive knowledge and understanding of legal matters and governance, they were well-equipped to tackle corruption and promote good governance.

Important Arrests

During their tenure, the Accountability Bureau made several important arrests, showcasing their determination to root out corruption within the region. Some notable arrests include:

1. Sardar Akhtar Hussain Rabbani: A minister in Barrister Sultan Mahmood’s cabinet, Rabbani was arrested for his alleged involvement in corrupt practices.
2. Chaudhry Tariq Farooq: Apprehended for allegedly accepting money for his son’s medical treatment, Farooq’s arrest highlighted the bureau’s commitment to ensuring that public resources are used appropriately.
3. Sher Bagh Sardar Qamar-ul-Zaman: Following allegations of corruption, Zaman, who held a prominent position in the region, was transferred to Thori Safe House (Jail).
4. Khawaja Farooq Ahmed: A well-known politician in Azad Kashmir, Ahmed was arrested under corruption charges, emphasizing that no one would be exempt from scrutiny.

These arrests made by the Accountability Bureau highlighted the commitment of the organization to upholding the principles of transparency and accountability. By bringing those involved in corruption to justice, the bureau aimed to restore public trust in the government and ensure a fair and just society for all.

Key Figures in the Accountability Bureau

Discussing key individuals involved in the major arrests made by the Accountability Bureau, including Sardar Akhtar Hussain Rabbani, Chaudhry Tariq Farooq, Sher Bagh Sardar Qamar-ul-Zaman, and Khawaja Farooq Ahmed.

The Accountability Bureau in Azad Kashmir has made significant strides in holding individuals accountable for corruption and malpractices. A few key figures have been at the forefront of these major arrests, showcasing the bureau’s commitment to upholding transparency and justice.

Sardar Akhtar Hussain Rabbani

Sardar Akhtar Hussain Rabbani, a former minister in Barrister Sultan Mahmood’s cabinet, was one of the prominent figures arrested by the Accountability Bureau. His arrest sent a strong message that no individual, regardless of their position or influence, is above the law. This bold move demonstrated the bureau’s determination to root out corruption at all levels of governance.

Chaudhry Tariq Farooq

Another notable arrest made by the Accountability Bureau was that of Chaudhry Tariq Farooq. His arrest for alleged financial misconduct related to his son’s medical treatment underscored the bureau’s unwavering commitment to investigate and prosecute individuals involved in corrupt practices, irrespective of their personal circumstances.

Sher Bagh Sardar Qamar-ul-Zaman

Sher Bagh Sardar Qamar-ul-Zaman’s transfer to Thori Safe House (Jail) following his involvement in corrupt activities further emphasized the bureau’s proactive approach to ensuring accountability among public officials. The swift action taken against individuals like Sardar Qamar-ul-Zaman reflects the bureau’s dedication to fostering a culture of integrity within governmental institutions.

Khawaja Farooq Ahmed

The arrest of Khawaja Farooq Ahmed in Muzaffarabad served as a pivotal moment in highlighting the effectiveness of the Accountability Bureau’s efforts to combat corruption. By targeting individuals across various regions of Azad Kashmir, the bureau demonstrated its commitment to impartially enforcing accountability measures throughout the territory.

These key figures illustrate the significant impact of the Accountability Bureau’s actions in Azad Kashmir. By apprehending individuals from diverse backgrounds and positions of influence, the bureau has reinforced its role as a pivotal force in promoting ethical governance and transparency within the region.

Challenges and Controversies Surrounding the Accountability Bureau

The Accountability Bureau in Azad Kashmir has encountered several challenges and controversies, raising concerns about its effectiveness and fairness. These hurdles have the potential to undermine public trust and confidence in the institution.

1. Arrest of Ghazi Shahzad by AJK Police

One of the prominent challenges faced by the Accountability Bureau was the arrest of Ghazi Shahzad by AJK Police. This incident raised questions about the jurisdiction and authority of different law enforcement agencies, creating a complex legal landscape for accountability efforts. The arrest sparked public debate and scrutiny regarding the overlapping roles of various security forces in Azad Kashmir.

2. Examination of Vindictive Tendencies by Chairman Mushtaq Janjua

Moreover, there have been discussions surrounding the perceived vindictive tendencies displayed by Chairman Mushtaq Janjua. Allegations of selective targeting and biased investigations have surfaced, leading to doubts about the neutrality and objectivity of the Accountability Bureau’s operations. Such controversies can erode the bureau’s credibility and hinder its ability to fulfill its mandate effectively.

These challenges and controversies underscore the intricate nature of accountability initiatives in Azad Kashmir and emphasize the need for transparency, impartiality, and adherence to due process within the Accountability Bureau.

The evolving landscape of accountability in Azad Kashmir demands a balanced approach that addresses these challenges while upholding the principles of justice and fairness. It is imperative for the Accountability Bureau to navigate these obstacles prudently to foster public confidence and deliver on its commitment to combat corruption and malfeasance effectively.

Role of Media and Public Opinion

The media plays a crucial role in shaping public opinion about the Accountability Bureau in Azad Kashmir. How the Bureau’s actions and decisions are covered and presented by the media greatly affects how people view its effectiveness and trustworthiness. Here are some important points to understand:

Media Influence

The media has a significant impact on spreading information and influencing public opinion. How news organizations report on the activities of the Accountability Bureau can sway how people perceive it, either positively or negatively. Biased or exaggerated reporting can undermine the Bureau’s work, while fair and accurate coverage can help build trust in its operations.

Prime Minister Chaudhry Anwar-ul-Haq’s Stance

The stance of Prime Minister Chaudhry Anwar-ul-Haq on media coverage of the Accountability Bureau is important. His support for open and fair reporting can contribute to creating a positive image of the Bureau. On the other hand, any attempts to control or manipulate media coverage may raise concerns about transparency and fairness.

The relationship between the media, public opinion, and the functioning of the Accountability Bureau is complex. We need to carefully examine how media stories influence what the public thinks and expects when it comes to holding people accountable in Azad Kashmir.

Recognizing the influential role of media in shaping public opinion about the Accountability Bureau highlights the importance of responsible and ethical journalism. Journalists need to be transparent, accurate, and unbiased in their reporting to promote informed discussions about accountability and governance.

The Significance of Local Body Elections in Ensuring Accountability

Local body elections play a crucial role in ensuring effective accountability mechanisms in Azad Kashmir. By exploring the link between local democracy and accountability, we can understand how these elections contribute to a transparent and accountable governance system. However, it is important to acknowledge the challenges faced by local elections from the federal government and political parties.

Exploring the Link

Local body elections provide a platform for the people of Azad Kashmir to directly participate in decision-making processes at the grassroots level. Through these elections, individuals are elected as representatives who are accountable to their respective constituencies. This system fosters a sense of ownership among the citizens and allows them to actively engage in shaping their communities.

Moreover, local bodies serve as a bridge between the government and the people. They act as intermediaries, voicing the concerns and aspirations of their constituents to higher authorities. This ensures that the needs and priorities of the local population are taken into consideration during policy-making processes.

Opposition Faced

Despite their significance, local body elections in Azad Kashmir have faced opposition from both the federal government and certain political parties. The federal government has been reluctant to provide adequate security forces for these elections, raising concerns about potential interference or disruption by external elements. Additionally, some political parties have opposed local elections due to their fear of losing control over power dynamics at the grassroots level.

However, despite these challenges, Prime Minister Chaudhry Anwar-ul-Haq’s administration successfully conducted local body elections. Despite facing opposition from various quarters, his strong leadership ensured that these elections were held, allowing for increased democratic participation and accountability at the local level.

In conclusion, local body elections hold immense significance in ensuring accountability in Azad Kashmir. They provide an avenue for citizens to actively participate in decision-making processes and hold their elected representatives accountable. The successful conduction of these elections under Prime Minister Chaudhry Anwar-ul-Haq’s administration is a testament to the commitment towards transparent and accountable governance. By prioritizing local democracy, Azad Kashmir takes a crucial step forward in establishing effective accountability mechanisms that benefit the welfare of its people.

Conclusion

The prospects of the new Accountability Bureau in Azad Kashmir to deliver on its mandate are fraught with both challenges and opportunities. As the bureau takes on the responsibility of holding public officials accountable, it faces a myriad of obstacles that may hinder its effectiveness. However, the establishment of this bureau also presents a significant opportunity to foster transparency and integrity within the government.

Key Points to Consider

• The accountability bureau has already made major arrests, signaling its commitment to combat corruption and malpractice.
• The involvement of key figures in these arrests underscores the bureau’s determination to pursue justice.
• Challenges and controversies have emerged, raising concerns about the bureau’s ability to function impartially and effectively.
• The role of media and public opinion will continue to influence the perception of the bureau’s actions and impact on governance.

The success of the new Accountability Bureau in Azad Kashmir hinges on its ability to navigate these challenges while upholding its mandate with integrity and fairness. The future of accountability in Azad Kashmir rests on the bureau’s capacity to address these obstacles and deliver on its promise to hold public officials accountable for their actions.

MUZAFFARABAD: On March 8th, in commemoration of International Women’s Day, a special educational session was organized by the Jammu Kashmir National Student Federation (JKNSF) for female students at the University of Azad Jammu Kashmir (AJK) City Campus.

The session focused on discussions about women’s rights and empowerment, emphasizing the importance of women’s participation in societal progress.

Addressing the gathering, Senior Vice Chairperson of the Jammu and Kashmir National Students Federation (JKNSF), Sughra Nasir, highlighted the significance of women’s contributions to society.

She stressed that women are not merely victims of oppression but are also active agents of change. Nasir reiterated the importance of granting women the same rights and opportunities as men.

The session served as a platform for female students to engage in dialogue and reflection on issues concerning gender equality and women’s empowerment. Participants discussed the need for women to have autonomy and the right to lead self-determined lives within society.

International Women’s Day was also celebrated as an occasion to honor the hard work and dedication of women who stand alongside men in their struggles. The event aimed to inspire and empower women to continue advocating for their rights and playing active roles in shaping a more equitable society.

The University of AJK City Campus remains committed to promoting gender equality and creating spaces for meaningful discussions on women’s rights. Through such initiatives, the university seeks to foster an environment where all individuals, regardless of gender, can thrive and contribute to positive societal change.

The price of the cryptocurrency Bitcoin is near an all-time high. US financial institutions are largely responsible for this rise in the price of Bitcoin.

Major investment banks like Black Rock, GrayScale and Fidelity are investing billions of dollars in buying this volatile digital asset.

These financial institutions have come to be known as the ‘Bitcoin Wheel’ since the events that have taken place in the past few weeks.

Due to Bitcoin’s unique system, only 21 million Bitcoins can be created worldwide, of which 19 million have already been created. However, many of them have already been lost forever.

So what other organizations or individuals are bitcoin wheels? And how will the change in wealth affect Bitcoin?

The following numbers are estimates gathered directly from research and published information that can help you understand how many bitcoins there are worldwide and who owns them. This data was last collected on February 29.

Lost Bitcoin Forever

According to an estimate, around 3 million to 6 million bitcoins have been lost forever. There is no customer support for Bitcoin. So if someone forgets or loses their digital wallet details, there is no mechanism to access those bitcoins again. A similar thing happened to James Howells, a resident of Wales, when he lost 8,000 bitcoins due to a lost hard drive.

Some of these lost bitcoins are those that may have been left behind after they were earned through criminal activities. According to blockchain research firm Elliptic, 3.15 million bitcoins have been inactive for 10 years or more. Some analysts even say that bitcoins that have been inactive for five years are lost.

According to an estimate, the number of such coins is around 35 lakhs. But it is likely that 1.1 million bitcoins of these inactive coins are owned by its anonymous creator. So these 11 lakh coins can be deducted from the list of inactive coins. This means that the number of lost coins is about 11 percent of the total bitcoins (2.4 million coins).

Crypto exchange

Cryptocurrency exchanges act like banks for crypto users. Here you can exchange Bitcoin and other digital tokens for traditional currencies such as dollars or pounds. Researchers from K33 estimate that these exchanges hold about 2.3 million bitcoins either for users or for circulation in the market.

Binance is the largest exchange in the world and has an estimated holding of around five and a half million bitcoins. It is followed by Bitfenix (403000), Coinbase (386000), Robin Hood (146000) and finally OKX (126000). In total, it is believed that about 11 percent of all bitcoins are held by such exchanges.

Leaving your coins with such an exchange can also prove risky, for example the collapse of FTX which resulted in users losing access to their digital currency. Bitcoin fundamentalists also express concerns that a major regulated and law-abiding exchange runs counter to the anti-establishment idea of ​​the currency.

Unknown whale

Bitcoin Wheel is an account that holds more than ten thousand bitcoins in its digital wallet. A website called BitInfoCharts compiles a list of the 100 largest bitcoin wallets using public blockchain records.

According to him, there are currently around 60 vaults containing ten thousand or more coins but their owners are unknown.

Owning one of these wallets will make you a billionaire. Some of these may be vaults of people or organizations that appear elsewhere in this graph, but we’ll never know, unless a researcher connects them or they reveal themselves.

It is estimated that major wheel accounts hold about eight percent of the total number of bitcoins.

Looking forward to mining

The way Bitcoin is created, there can only be a maximum of 20 million coins. Each coin must be generated using a network of volunteer computers around the world.

These computers, many of which are owned by major Bitcoin companies, act like high-tech accountants that check and store records of Bitcoin transactions. In return for this work, computers automatically receive bitcoins.

The number of these types of coins automatically decreases over time and will be halved again in April of this year, further reducing the supply of new coins. About seven percent of the coins are still minted and the last bitcoin is expected to be created in 2140.

Skushi Nakamouti, creator of Bitcoin

Bitcoin’s anonymous creator has an estimated 1.1 million bitcoins that were created in 2009. None of these coins have been transferred for years and no one knows who Satoshi is or if he is even alive.

If he is alive and the estimates about his vault are correct, this would make Satoshi Nakamoto the 22nd richest person in the world. Their holdings are equivalent to about five percent of all bitcoins.

Regulated investment bank

In January, US financial authorities allowed investment banks to start selling new financial products tied to bitcoin, called spot bitcoin ETFs.

Investment firms that applied to launch such ETFs in mid-February began buying bitcoins by the thousands, as everyone from hedge funds to stock market traders bet on bitcoin’s price. Bought ETFs to invest while not owning a single coin.

According to K33 research, as of February 29, 933,000 coins had already been allocated or purchased and are currently held by banks for these new financial products.

Analysts at K33 believe that the most coins in this case are held by Grayscale, which started as a digital currency investment bank. The company is estimated to have around 450,000 bitcoins. Other major companies include BlackRock (150,000) and Fidelity (102,000).

Most online crypto users are celebrating the increase in their personal wealth due to the rise in value of Bitcoin through increased demand from banks, but some have criticized the concentration of power and wealth in the traditional regulated banking system. have expressed concerns about what Bitcoin was invented to replace.

These financial companies now own about 4.5 percent of all coins. The question is, what will the banks think when they have more bitcoins than Satoshi Nakamoto?

Law enforcement and confiscations

Police forces around the world conduct operations against cybercrime gangs or illegal markets, and in the process, large caches of bitcoins are seized. Since 2020, the US has seized three major Bitcoin hoards.

They will eventually be auctioned, but according to research by 21.co, these funds remain in their respective crypto wallets and have not been transferred.

Around two lakh bitcoins have been seized in such raids. Arkham Intelligence has linked a wallet address containing 30,000 bitcoins to an operation against the US darknet marketplace Silk Road.

61,000 bitcoins are believed to have been seized in a major raid in the UK in 2018, and German police are also believed to have 50,000 coins recovered in a recent operation.

MicroStrategy, a software company

There is hardly anyone who is a Bitcoin buyer or watcher for that matter who does not know software entrepreneur Michael Siler.

In 2020, Michael convinced his enterprise software company to buy more and more bitcoins and he celebrates each purchase with a tweet that always goes viral among crypto enthusiasts. MicroStrategy and its subsidiaries now hold approximately 193,000 Bitcoins.

Block One, a crypto software company

In 2020, the CEO of crypto software company BlockOne tweeted that his company had continued to buy bitcoins after an initial purchase of 140,000 coins.

So the actual figure is likely to be much higher. The firm did not respond to an email from the BBC.

MT Gox, Coins Vulnerable to Hacking

The world’s first major crypto exchange, MT Gox, lost nearly eight and a half million bitcoins in 2011 as a result of hacker attacks and related incidents.

Mark Hunter, author of a book about it, says there is still uncertainty about what happened to the coins, but it is assumed that the majority were sold on the market by thieves. .

However, 80 thousand Bitcoins are located in a popular crypto wallet address starting with ‘1Feex’. This archive will probably never be used or transferred. Another 2,600 bitcoins were also accidentally destroyed during the chaos.

Some users who lost their savings as a result of the hacking have started getting some money back from recovered coins.

The Winklevoss twins, investors

It’s unclear how many bitcoins the pair of crypto-entrepreneurs currently own, but in a 2017 interview with The New York Times, they revealed that they had about 70,000 coins and that They did not sell any coins.

Tether, a cryptocurrency company

Tether has its own crypto token known as a stablecoin, but the company that owns it has been buying bitcoins for years.

Industry watchers estimate that the firm holds about 67,000 bitcoins, as an audit report published in January showed the company had the equivalent of that many bitcoins in dollars.

Publicly Listed Bitcoin Miner

Bitcoin mining companies operate warehouses full of powerful computers and keep up-to-date the public blockchain of the currency’s transactions. In return for this work, the Bitcoin system automatically gives them Bitcoins through a process called mining.

Bitcoin mining is controversial because of the environmental cost of running computers and keeping them cool.

Bitcoin has become more difficult to mine successfully over time, so large companies take a larger share of the worldwide Bitcoin mining pool.

Many of these are not public limited companies, but the eight largest companies with public listings hold about 40,000 bitcoins, according to K33 research. Among these, the largest companies include Marathon (16,000), Hit 8 (9000) and Roite (7600).

Tim Draper, Investor

American investor Tim Draper made headlines in 2014 when he bought 30,000 bitcoins that had been auctioned off by the US government and had been seized by police from the Silk Road. At that time, the value of these coins was 17 million dollars.

Although he did not announce how many coins he now has, he told crypto website Proto in 2022 that none of these coins have been sold and that he is buying more bitcoins. Hence we can assume that the number of their coins has increased significantly.

Michael Seiler

The founder of MicroStrategy tweeted in October 2020 that he personally owns 17,700 bitcoins. Now it is likely to increase further.

Tesla

Tesla’s quarterly earnings report at the end of 2023 did not mention any change in its bitcoin holdings. So we can assume that the company still owns 9700 coins. In 2021, Elon Musk’s company had purchased more than 40,000 coins, but most have been sold in recent years.

Block, payments and crypto-tech company

Block, the payments company headed by Jack Dorsey, founder of Twitter, has long been a crypto player. In his latest earnings report, he said he has about 8,038 bitcoins for investment purposes.

Peter Thiel, Investor

It is not known how many bitcoins this billionaire investor has, but in 2023 his company started buying bitcoins and he has spent a total of ten million dollars in this so far.

El Salvador

The bitcoin-loving president of the Central American country of El Salvador began buying bitcoins with public money in 2021 as part of a controversial investment plan for his country.

The number of bitcoins held by the country here is compiled from tweets by Dutch researcher Elias, who runs a website that tracks the portfolio. El Salvador does not keep a public record of how many coins were purchased and at what price.

The people

An estimate of how many bitcoins the general public has is 10.5 million. That’s about half of all the bitcoins in existence today.

This number will be higher when you consider the coins held by the exchanges, since most of them are owned by the common people.

But this number may be lower if the number of missing coins is high or Bitcoinwheels has more coins than we know.

No one knows for sure how many ordinary people own bitcoins, but crypto-tech company River estimates that there were 81.7 million bitcoin users as of June 2023.

Interestingly, research suggests that the latest rise in bitcoin’s value is not happening because individual retail investors are buying bitcoins.

Analysts at Into the Block say bitcoin wheels such as big banks are driving price and demand, and the general public attracted to peer-to-peer digital cash is not.

Muzaffarabad (Azadi Times Online) If you are not using the full bandwidth of the internet in your mobile, computer or laptop, then you can earn cryptocurrency by selling your unused internet. There is a threat in the crypto world.

Bitcoin has reached new highs and the crypto market has caught people’s attention, a new project has been launched in the crypto world a part of which you will sell your excess net in exchange. You will get a chance to earn cryptocurrency.

How To Earn Cryptocurrency

This app is called Uprock which is an artificial intelligence earning program. Where people can sell their excess internet bandwidth to the Uprock network to earn cryptocurrency Uprock tokens.

By installing the Uprock app on their mobiles, people contribute to building a decentralized web data infrastructure for artificial intelligence, and in return, people are rewarded in the form of tokens. Or has gone and it will soon be listed on cryptocurrency exchanges after which you will be able to exchange your mined tokens for dollars.

If you are wondering what this company will do with your extra internet then uprock is an artificial intelligence program as the name suggests this company will use your extra internet. The Net will provide artificial intelligence to companies that are currently training various models of artificial intelligence and for this task these companies require a lot of internet.

If you also want to mine cryptocurrency with this app, the way to use this app is very easy. 
Sign up in the uprock app by clicking on the link below

https://link.uprock.com/i/e91165ea
First enter your email address, a verification code will be sent to your email address, enter this code in the app and then in the app Go ahead and set up your profile.

After signing up on the app, download the app from the link below and earn cryptocurrency for free by participating in the uprock network.

You can also follow their Twitter account by clicking on the link below to get more information about the project and to know about the future of the project.