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Oil and Gas Blockchain Consortium’s Pilot Test Produces Successful Result
3.6.2020
A 10-company oil and gas blockchain consortium saw promising results from its blockchain pilot test for oilfield water-handling
US Law Enforcement Promises $5M for the Capture of Venezuela’s Superintendent of Cryptocurrencies
2.6.2020
U.S. Immigration and Customs Enforcement’s (ICE) and Homeland Security Investigations (HSI), has put out a bounty for $5 million for the arrest and conviction of Venezuela’s superintendent of cryptocurrency. Joselit de la Trinidad Ramirez Camacho is now added to America’s Most...
Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations
2.6.2020
Venezuelan petrol stations now support the state-issued Petro cryptocurrencies, however, the rollout comes amid an aggressive adjustment to the country’s petrol regime
Ethereum Scaling and Gas-Free Transactions Arrive
6.5.2020
ETH 2.0’s highly anticipated revamp is expected to begin rolling out in a matter of months, but scaling solutions and gas-free transactions have already arrived
After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero
21.4.2020
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system...
Negative Oil Prices Could Hurt Bitcoin Miners Who Use Flared Gas
20.4.2020
North American bitcoin miners who've bet on fossil-fuel extraction to power their rigs are watching the oil markets closely as prices sink to historic lows
Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’
10.4.2020
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of...
150-Year-Old Chinese Gas Company Ramps Up Blockchain Adoption
3.4.2020
Shanghai Gas will use blockchain to monitor and record data across its entire supply chain
Shanghai Gas Collaborates With Vechain; Implements Blockchain-Based Energy Project
1.4.2020
Shanghai Gas Co., Ltd, collaborates with Vechain to bring further development in blockchain-based energy projects. The economically feasible nature of blockchain technology encouraged Shanghai to seize the opportunity for further investments. Besides cost-effectiveness, Shanghai Gas discovered...
Argentine Gas Regulator Launches Blockchain Network, Expands to Whole Country
19.3.2020
The Gasnet blockchain platform will reportedly manage gas services offered to over 2 million residents in Northern Argentina
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Argentina’s Gas Regulator Greenlights Industry Blockchain Built With RSK Tech
18.3.2020
Gasnor, a natural gas distributor for 2 million Argentine residents, has won approval to pilot a smart contract-based platform aimed to speed up the country's chronically slow gas certification processes
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...
Binance Doubles ETH Withdraw Fees, Firing Up Crypto Traders
12.3.2020
Binance doubles ETH withdrawal fees, blaming network congestion. Crypto traders are vocally displeased
The Government Can’t Stand Decentralized Innovations Like Bitcoin, so It Tries to Ruin Them
10.3.2020
Feeding the homeless, affordable medicine, an easy-to-use gas can design, starting a small business to meet the needs of one’s community — borderless, permissionless P2P electronic payments. These are all simple, practical activities and tools that can be leveraged in decentralized...
$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation
5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...
Oil and Gas Consortium Is 1st to Apply DLT to Industry Balloting
18.12.2019
A group of 10 global oil and gas firms like Chevron and Shell sees successful pilot for digitized industry balloting using blockchain
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...
Ethereum’s Top DEX Is Relaunching to Tap Istanbul’s Lower Gas Fees
5.12.2019
IDEX is launching a new DEX built on a layer 2 scalibility protocol made possible through Ethereum's Istanbul hard fork
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:...