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Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use


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


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...

Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion


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...

Discover the power of Bitcoin Spark: A fusion of Dogecoin, Ethereum, and XRP


Cryptocurrencies have come a long way since Bitcoin (BTC). Today, the crypto market is flooded with many digital coins, each aiming to offer something unique to investors. Bitcoin Spark (BTCS) has caught the attention of the crypto community due to its unique amalgamation of key features from three...

Laos Cuts Power Supply To Crypto Mining Firms, Cites Production Concerns


Electricite du Laos (EDL), the state-run power distribution company, has announced a major cut to crypto mining firms in the country, swerving from its pro-crypto stance since 2021. According to local news reports, the country cites several reasons for the sudden decision ranging from electricity...

YG Entertainment partners with Karta to power Blackpink The Palace


YG Entertainment and Karta have joined hands to take the power of Blackpink to Roblox. This will enable the fans of K-pop to hold gatherings in the virtual world. Moreover, they will be able to take selfies with the avatars of their favorite band member. At the center will be Blackpink The Palace...

Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds


Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid, heatwaves, and the war in Ukraine render bitcoin mining...

Canaan Cuts Bitcoin Mining Power by 2 EH/s Amid US, Kazakhstan Challenges


Canaan, a leading high-performance computing firm and mining rig producer, recently disclosed hurdles set to dent its bitcoin mining activities and revenue from Q3 2023 onward. These setbacks primarily stem from diminished operational hours of their mining devices. This revelation comes hot on...

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