DEVTOME.COM HOSTING COSTS HAVE BEGUN TO EXCEED 115$ MONTHLY. THE ADMINISTRATION IS NO LONGER ABLE TO HANDLE THE COST WITHOUT ASSISTANCE DUE TO THE RISING COST. THIS HAS BEEN OCCURRING FOR ALMOST A YEAR, BUT WE HAVE BEEN HANDLING IT FROM OUR OWN POCKETS. HOWEVER, WITH LITERALLY NO DONATIONS FOR THE PAST 2+ YEARS IT HAS DEPLETED THE BUDGET IN SHORT ORDER WITH THE INCREASE IN ACTIVITY ON THE SITE IN THE PAST 6 MONTHS. OUR CPU USAGE HAS BECOME TOO HIGH TO REMAIN ON A REASONABLE COSTING PLAN THAT WE COULD MAINTAIN. IF YOU WOULD LIKE TO SUPPORT THE DEVTOME PROJECT AND KEEP THE SITE UP/ALIVE PLEASE DONATE (EVEN IF ITS A SATOSHI) TO OUR DEVCOIN 1M4PCuMXvpWX6LHPkBEf3LJ2z1boZv4EQa OR OUR BTC WALLET 16eqEcqfw4zHUh2znvMcmRzGVwCn7CJLxR TO ALLOW US TO AFFORD THE HOSTING.

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Commodities

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In economics, a commodity is the generic term for any marketable item produced to satisfy wants or needs. Economic commodities comprise goods and services.

The more specific meaning of the term commodity is applied to goods only. It is used to describe a class of goods for which there is demand, but which is supplied without qualitative differentiation across a market. A commodity has full or partial fungibility; that is, the market treats it as equivalent or nearly so no matter who produces it. Copper and platinum are examples of such commodites. The price of copper is universal, its price is determined as a function of its market as a whole and fluctuates based on global supply and demand. Items such as stereo systems, on the other hand, have many aspects of product differentiation, including the brand, user interface, and perceived quality, which affect the price.

Well established physical commodities have actively traded spot and derivative markets. Generally, these are basic resources and agricultural products. Hard commodities are goods that are extracted through mining, such as aluminium, copper, gold, iron ore, palladium, platinum, salt, and silver. Soft commodities are goods that are grown, such as coffee beans, rice, soybeans, sugar, and wheat. Energy commodities include coal, gas, oil and electricity. Electricity is expensive to store, hence, electricity is usually consumed as soon as it is produced.

Attribution

This is based on the Wikipedia Commodity article.

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