![]() ![]() Imagine an entire population of people who cannot survive without scrounging in hazardous conditions for a dollar or two a day. ![]() On why these conditions are on par with slavery And so that's not legal, but it's happening. Well, you put them in a tight pit, cram them with 10,000 other people and pay them a couple of dollars, and they'll produce thousands of tons of cobalt per year for almost no wages. ![]() I mean, imagine you're in a part of the world where there are millions of people who barely get a dollar or two a day who are grindingly poor and will accept almost any labor arrangement just to survive. And the reason is, it's a penny-wage way to boost production. In some cases, predominantly artisanal mining is taking place. And yet, lo and behold, at most of the industrial mines, there is some artisanal mining taking place. Technically, under the law, there should not be artisanal mining taking place in any industrial mine. Interview Highlights On how "artisanal" cobalt mines continue to operate in the DRC - despite being illegal The DRC produced approximately 74% of the world's cobalt in 2021. Some 20,000 people work at Shabara artisanal mine in the DRC, in shifts of 5,000 at a time. They use pickaxes, shovels, stretches of rebar to hack and scrounge at the earth in trenches and pits and tunnels to gather cobalt and feed it up the formal supply chain." "People are working in subhuman, grinding, degrading conditions. "You have to imagine walking around some of these mining areas and dialing back our clock centuries," Kara says. In his new book, Cobalt Red, Kara writes that much of the DRC's cobalt is being extracted by so-called "artisanal" miners - freelance workers who do extremely dangerous labor for the equivalent of just a few dollars a day. He says that although the DRC has more cobalt reserves than the rest of the planet combined, there's no such thing as a "clean" supply chain of cobalt from the country. Chan School of Public Health and at the Kennedy School, has been researching modern-day slavery, human trafficking and child labor for two decades. Smartphones, computers and electric vehicles may be emblems of the modern world, but, says Siddharth Kara, their rechargeable batteries are frequently powered by cobalt mined by workers laboring in slave-like conditions in the Democratic Republic of Congo. Warning: Farming, Yields and "Deflationary" should be big red flags for you.An artisanal miner carries a sack of ore at the Shabara artisanal mine near Kolwezi, DRC, on Oct. (This might increase in the future).ĭO NOT BOTHER PMING MODMAIL FOR EXCEPTIONS TO THESE RULES, NONE ARE GRANTED. (PARTICIPATING IN KARMA FARMING SUBREDDITS RESULT IN AN IMMEDIATE BAN UPON POSTING)Įditing a submission is not allowed in this community, and will cause it to be automatically removed.Ī user can only make a new submission every 24 hours. You also need 2000 karma to submit a new post, and 50 karma to comment. Posts and comments made by accounts that are less than 5 months are automatically removed. Some of the projects posted here does not solve a real problem and have no use case.Īll new submissions require 1000 characters or more. Failing to do so will result in the post being removed and the submitter being permanently banned with no warning. Tokens/coins are to be flaired correctly. Dev/team member encouraged manipulation that is reported with evidence presented, will result in the submitter being banned and the thread being removed. When a new submission is made, try to find flaws in that particular project, and make a comment about it.īe extra critical towards submissions with high amount of awards/upvotes! Manipulation IS a constant problem here. What you recognize as a project with a moonshot potential is something that you need to carefully evaluate individually. Everyone who participates here are highly encouraged to evaluate threads carefully, this is a place where there WILL be shilled absolutely useless projects. Please be HIGHLY critical of submissions. The reader is also expected to be able to get all the useful information in that particular post. ![]() What problem does it solve? Competitors? Go into both pros and cons. When you submit a moonshot claim, provide any information of why you think it is a potential moonshot. Please read the Rules of this subreddit, to keep the quality high, and avoid unnecessary penalties.ĭo not make a new thread asking "What is your opinion on X coin?"! You are expected to provide some value when making a new thread. We aim to identify potential moonshots at the earliest stage possible. This subreddit is a place to discuss low market cap cryptocurrencies/ICOs out of top 100, that might be potential moonshots. ![]()
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