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Satoshi Island, Thailand vs. Crypto, NFT Fraud + More News
25.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Satoshi Island, Thailand vs. Crypto, NFT Fraud + More News
Report: Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota
25.3.2022
Exxon Mobil Corporation is reportedly participating in a pilot program that leverages excess natural gas to power crypto mining machines, according to a recent report quoting people familiar with the matter. The report states that the oil giant is partnered with the firm Crusoe Energy Systems,...
Russia's energy chief says it would accept Bitcoin for oil and gas
25.3.2022
The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy in Bitcoin
Russia May Accept Bitcoin for Gas Exports, Lawmaker Says
24.3.2022
Russia is moving away from the dollar and the euro as payment options for its energy exports, and bitcoin has been mentioned as a possible substitute alongside the ruble and the national currencies of partnering countries. A high-ranking parliamentarian has indicated that Moscow may take...
Senior Russian MP Suggests Trading Gas and Oil for Bitcoin
24.3.2022
A senior Russian politician has suggested turning to bitcoin (BTC) as an alternative to the USD in international energy exports and trade deals.
The comments were made by Pavel Zavalny, a member of the ruling United Russia Party and the Chairman of the State Duma (Russia’s parliament) Committee...
War in Ukraine to Make Countries Rethink Currency Dependencies - BlackRock CEO
24.3.2022
The war in Ukraine will make countries “re-evaluate their currency dependencies,” with work on digital currencies likely to be accelerated, according to Larry Fink, CEO and Chairman of the major asset manager BlackRock.
Writing in a letter to shareholders published on Thursday, Fink said that...
Time to Legalize and Tax Bitcoin Mining in Russia, Say Deputy PM, Academic & Think Tank
23.3.2022
The voices calling for Russia to legalize Bitcoin (BTC) and crypto mining are continuing to grow louder, with the Deputy Prime Minister, prominent academics, and a leading economic think tank all suggesting that legislation should be rolled out in the near future.
RBC reported that the Russian...
US Bitcoin mining firm turns to harmful coal waste for cleaner energy
23.3.2022
In a bid to make crypto mining more environmentally friendly, Stronghold Digital Mining is turning harmful waste from coal mining into clean energy to power Bitcoin miners
Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining
22.3.2022
Law enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station, is the latest targeted mining operation in the country which has been struggling with its power deficit....
Why Some Bitcoin Devs Say Lasers Can Cut Mining’s Energy Costs
22.3.2022
A proposed change to Bitcoin called 'Optical proof-of-work' would improve geographic distribution of hashrate and quell fears of climate-related pushback, proponents argue
Bitcoin mining could be good for US energy independence: Research
22.3.2022
Texas representative Pete Sessions made a simple yet powerful statement that the proliferation of the Bitcoin mining industry could promote energy independence in the country
Crypto Mining, the Energy Crisis and the End of 'ESG'
21.3.2022
How a European war made an argument about mining moot. This op-ed is part of Mining Week
Revisiting Bitcoin’s Energy ‘Problem’ in the Face of ESG Investment Mandates
20.3.2022
Critics of Bitcoin’s energy use should consider its relative carbon density rather than the absolute amount of energy used
Stranded no more? Bitcoin miners could help solve Big Oil's gas problem
18.3.2022
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?
The blockchain projects making renewable energy a reality
18.3.2022
Miners that hodl the most Bitcoin are ‘relentlessly expanding’
18.3.2022
According to a series of mining metrics, not only are miners holding hard, but they’re also dramatically increasing their hash rate
Co-Founder of Bitmex Predicts Gold Rising to $10K, Bitcoin Marching to $1 Million
18.3.2022
On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point...
MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals
14.3.2022
Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of the European...
Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy
13.3.2022
Over the last week, the United States and president Joe Biden’s administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types of imported goods, and a series of harsh financial sanctions against Russia. In the midst of...
Ethereum's TVL dominance drops to 55% as Bloomberg analyst paints $1.7K bearish target
8.3.2022
Ethereum price has been increasingly in lockstep with the Nasdaq, but there's a catch