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The energy conglomerate is considering adding local power demand, in the form of bitcoin mining or storage systems, for its largest solar farm in Brazil, Assu Sol, located in the east. This would help the complex use the energy that the local power grid cannot absorb. Engie Mulls Starting Bitcoin Mining Operations to Leverage Curtailed … Read more
Tesla and Spacex CEO Elon Musk said on Oct. 14 on X that bitcoin is based on energy, contrasting it with fiat currencies that governments can inflate. His remark was in response to a Zerohedge post linking the rise in gold, silver, and bitcoin prices to currency debasement driven by government spending on the global … Read more
Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan Go to Source
Aligning financial incentives with energy production may be the key to future prosperity and abundance. Go to Source
Enron is back from the dead 23 years after its massive fraud put into bankruptcy, with the pranksters who have seemingly taken over the brand hinting at launching a token. Go to Source
United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority. Go to Source
Bitcoin miners could be squeezed out by deep-pocketed tech giants that can outbid them for prime power sources. Go to Source
BitMEX co-founder Arthur Hayes predicts Bitcoin’s price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over. Go to Source
Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with newly printed dollars flooding the market. But while bitcoin’s future looks bright, Hayes warns investors … Read more
Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in 2024-2025, compared to 1.7% for G7 countries. Siluanov highlighted BRICS’ growing share of global GDP, now at 36.7%, and the addition of new members like Saudi Arabia, Iran, and the … Read more