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MintDAO goes live on LayerZero to power ONFT process
21.9.2023
MintDAO has announced that it is now live on LayerZero, commencing a new era of interoperability. The goal is to have a cross-chain NFT hub in the ecosystem. The announcement has been echoed by LayerZero Labs, with a special emphasis on powering the minting and bridging of ONFT, an acronym...
Report: Bhutan Commences Plan to Develop 600-Megawatt Bitcoin Mining Farm
21.9.2023
The Himalayan Kingdom of Bhutan along with its partner Bitdeer Technologies Group has reportedly kickstarted plans to develop a 600-megawatt crypto mining farm. Bitcoin mining in the kingdom is expected to “equip citizens to participate in the modern global economy from within Bhutan.”...
Bitcoin’s Sustainable Energy Mix Over 50%, Carbon Footprint Compares Better Than Other Industries: Bloomberg Report
21.9.2023
Over the years, Bitcoin's (BTC) energy consumption data which posed serious concerns from several quarters has become more positive toward sustainability.
A new report from Bloomberg shows the sustainable energy mix of Bitcoin above 50% indicates a better climate growth ratio than several...
Chamber of Digital Commerce launches Digital Power Network miners’ coalition
19.9.2023
The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain
Bitcoin Mining Hits Toughest Era: Record Difficulty and Hashrate Peaks Define September 2023
19.9.2023
Bitcoin’s mining difficulty hit a record high after increasing 5.48% to 57.12 trillion. This rise signifies the need for a significant amount of computational power to discover blocks. Meanwhile, the network’s hashrate also reached a record high this past week. Bitcoin Difficulty Jumps...
Activision Says Switch 2's Power Is Akin To PS4, Xbox One
18.9.2023
As reports that a Nintendo Switch successor is inbound become more commonplace, we’re learning more about what we can likely expect from the company’s next console. Maybe this was to be expected, but new details suggest that the performance of the Nintendo Switch 2—or whatever it ends up being...
Animoca Game Studio to Launch BTC-Based Metaverse Token, Signaling New Era for Bitcoin
17.9.2023
Animoca Brands subsidiary Darewise Entertainment has announced plans to launch the first-ever metaverse token for the Bitcoin blockchain. The studio says the new token aims to power a full ecosystem on Bitcoin for gaming, brands, and real-world experiences. Bitcoin Enters the Metaverse: Darewise...
Shaping tomorrow’s finance today with South Africa Traders Fair & Awards 2023
14.9.2023
Johannesburg, South Africa – The South Africa Traders Fair & Awards 2023 is primed to claim its position as this year’s premier event in the financial sector. Set to take place on September 16, 2023, at the prestigious Protea Hotel Johannesburg Wanderers. This event boasts an influential...
Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation
12.9.2023
With the issue of inflation rising as a real problem for global economies last year, there has been a renewed need for people to seek a way of preserving their purchasing power. Flatcoins, stable currencies that change their value according to the inflation in a determined jurisdiction, have surged...
Coinbase CEO Brian Armstrong Asserts the Power of Crypto Voting Block that DC Don’t Realize
11.9.2023
Brian Armstong, CEO of the Coinbase crypto exchange, stressed the power of crypto voting blocks in the upcoming 2024 United States elections. He believes that the politicians don’t fully realize its importance.
“I don't think everybody in DC actually fully realizes how powerful the crypto voting...
Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner
10.9.2023
Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement released Friday, the Nasdaq-listed...
‘I’m Bullish on Bitcoin’ — Ted Cruz Champions Bitcoin’s Boon for Texas and Power Grid Boosts
9.9.2023
Ted Cruz, the U.S. Republican senator from Texas, expressed his optimism on Friday, stating he’s “bullish on bitcoin,” after a recent interview with Forbes released on September 8. During the conversation, Cruz highlighted emerging reports indicating that bitcoin mining...
Riot Showcases Demand Response Strategy: Bitcoin Mining’s Role in Strengthening Texas Energy Grid
7.9.2023
Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it received $31.7 million in power and demand response...
Only Web3 Social Media Can Bring Back Power to Users — Phaver CEO Joonatan Lintala
5.9.2023
According to Joonatan Lintala, the co-founder and CEO of Phaver, the limited progress of the technology behind Web3 social media platforms is one of the reasons why prospective users are reluctant to try them out. Lintala also added that “none of the current generation Web3 protocols are...
Cambridge University's Bitcoin Mining Index Gets an Upgrade for Precise Power Consumption Analysis – Here's the Latest
4.9.2023
The Bitcoin Electricity Consumption Index (CBECI), developed by researchers at Cambridge University’s Centre for Alternative Finance (CCAF), has been upgraded to reveal new information about Bitcoin mining’s global energy consumption.
Following the upgrade, the new estimate of all global energy...
Discover the Power of Real-Time AI Crypto Analysis with yPredict – Presale Now Open
4.9.2023
As cryptocurrencies continue to grow in popularity, the demand for more effective analysis tools also increases. yPredict, a new trading analytics platform, is one such cutting edge tool and is currently conducting a crypto presale to develop its real-time AI trading analysis suite. ...
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Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
1.9.2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...
Swift unleashes the power of tokenization
1.9.2023
Swift is carrying out multiple experiments to unravel the sheer power of tokenization. The exposure is on the framework that is able to effortlessly initiate the shifting of tokenized value throughout various public and private blockchains. The experimentation will help to do away with...
Boost your crypto portfolio with Bitcoin Spark: Exploring the power of BNB integration
31.8.2023
Surviving in the fast-paced crypto arena requires an astute quest to enhance and diversify one’s portfolio. Portfolio diversification in prospective projects as a security fallback and for profitability remains a driving force for investors. Bitcoin Spark (BTCS) emerges as a notable project...
Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion
30.8.2023
Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed the technology’s “potential to make...