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Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners
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Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates
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Real Estate Listings Accepting BTC Touch Record Highs, 14.3 Homes per 100,000 Accept Crypto
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Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices
Cryptocurrency mining develops rapidly like any high tech sector. Improvements in the hardware and auxiliary systems make it possible to design mining rigs that are more compact and silent than they used to be, while also profitable to run. Zigmabit is a manufacturer that assembles units suitable for mining not only in industrial-scale datacenters but […]
The post Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices appeared first on Bitcoin News.
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As US Expands Subprime Mortgage Program, Is a New Crisis Looming?
The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social groups buying a first home, critics fear a new […]
The post As US Expands Subprime Mortgage Program, Is a New Crisis Looming? appeared first on Bitcoin News.
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Turkish Real Estate Agency Sells 9 Houses for BTC
Turkish real estate agency Antalya Homes has sold nine properties to date using bitcoin core, mostly to foreign buyers. The houses cost a minimum of €30,000 each (~$33,900) said the agency, which also accepts bitcoin cash, ethereum, stellar, ripple, litecoin and tether. Also read: Nordea Bank Faces Allegations of Laundering Russian Millions ‘Crypto Purchases of […]
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Venezuela Wants to Use Petro to Finance Large Housing Program
Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist government in Caracas says there is enough money and materials to fulfill the main objective of the “Great Housing Mission.” Also read: Crypto-Friendly Statesman Takes Over Swiss […]
The post Venezuela Wants to Use Petro to Finance Large Housing Program appeared first on Bitcoin News.
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Lenders May Deny Your Mortgage Application if You Sold Bitcoin in the Past
Over the past year, cryptocurrencies like bitcoin have gained in value and some people have ‘cashed out’ their digital assets in order to purchase cars or a new home. However, some people who have sold cryptocurrencies in the past may have a hard time getting a home loan even though they have the funds to […]
The post Lenders May Deny Your Mortgage Application if You Sold Bitcoin in the Past appeared first on Bitcoin News.
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Venezuelans to Buy Homes and Property with State Cryptocurrency
Venezuelans will be able to buy houses and other property with their new national cryptocurrency. Real estate deals in petro will be authorized in April, President Maduro announced. The government will also finance the construction of 230,000 new homes using funds from the pre-sale of the oil-backed crypto. Also read: Rubles Can Buy You […]
The post Venezuelans to Buy Homes and Property with State Cryptocurrency appeared first on Bitcoin News.
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