Blockstream and Block Inc to build solar Bitcoin mining facility powered by Tesla technology
The site will use a combination of solar panels and battery storage from excess daylight to power Bitcoin mining. Go to Source Powered by WPeMatico
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NY State Supreme Court dismisses petition against crypto mining company
The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm. Go to Source Powered by WPeMatico
Water great idea! Bitcoin mining heats this swimming pool
A Bitcoin miner is heating his entire swimming pool so his kids can swim–all while securing the Bitcoin network and making money. Go to Source Powered by WPeMatico
The race for semiconductors: Are crypto miners taking the lion’s share?
Semiconductors are making headlines again this year but to what extent can the shortage be attributed to crypto miners? Go to Source Powered by WPeMatico
One-fifth of global Bitcoin hash rate is now controlled by listed companies
The total share of the Bitcoin hash rate owned by publicly traded companies has surged over the past year as a growing number of Bitcoin miners go public. Go to Source Powered by WPeMatico
Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies
According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows that the publicly listed miners’ share of Bitcoin’s hashrate is roughly 19% today, up 3% since January 2021. Publicly Listed Bitcoin Miners Continue to Grow, … Read more
Abkhazia Extends Crypto Mining Ban Till End of Year
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited in Abkhazia The government of Abkhazia, a breakaway republic in Georgia, has prolonged current restrictions … Read more
Twitter debates the role of renewable energy in Bitcoin mining
Crypto Twitter discusses whether Bitcoin mining with clean energy provides a good solution for excess or unused energy. Go to Source Powered by WPeMatico
Georgian central bank prepares legislation to regulate the crypto market
The tiny nation in the Caucasus accounts for almost 1% of Bitcoin mining and has over $1 million in under regulated crypto turnover monthly. Go to Source Powered by WPeMatico
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC Merger With Plans to Be Listed on Nasdaq in the Second … Read more