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Nalezeno "Gas": 500

Crypto Networks Stress Tested During Bitcoin’s Wild Week

14.3.2020
Crypto valuations haven’t been the only casualties of this week’s market crash; crypto networks have also felt the strain. As onchain activity has ramped up in response to the market slump, fees have soared and the mempool filled on the BTC and ETH chains. Other crypto networks have...

Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin

7.12.2019
Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies...

Cointext Founder Publishes New ‘Postage’ Specs for SLP Tokens

19.11.2019
On November 18, Cointext founder Vin Armani published a blog post that describes a new system called the ‘Simple Ledger Postage Protocol.’ The SLP concept allows wallets to send SLP tokens without having to use bitcoin cash (BCH) as ‘gas’ to forward transactions. Also Read:...

Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well

17.11.2019
A nascent industry utilizing flared gas to power bitcoin mining units has been developing over the past year or so, in symbiosis with the oil and gas industry in North America. Companies providing services in this promising niche continue to install mobile datacenters at oil wells in the U.S....

Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin

27.9.2019
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...

Oil and Gas Sector Opens Up for Blockchain Technology

11.9.2019
A newly formed consortium of oil and natural gas majors is gearing up to deploy the breakthrough technology of Blockchain in the United States. OOC Oil and Gas Blockchain Consortium, which is based in Houston is assertive that the Blockchain technology can be helpful to improve the administrative...

Mysterious Project Accused of Increasing Ethereum Gas Price

26.7.2019
A mysterious project is suspected for increasing transaction fees on the Ethereum network. Many in the cryptoverse point at the More Gold Coin (MGC) project that has multiple websites and claims that it makes 9%-25% monthly profits since its launch this past April. While MGC was not available...

Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint

19.7.2019
Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize...

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