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Power Plants in Iran Are Authorized to Mine Bitcoin


Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary...

Blockchain the Answer for Power Provider as China Energy Demand Soars


With summer temperatures climbing and production rising in the wake of the coronavirus pandemic, power providers in Dongguan, an industrial city in the Chinese province of Guangdong, said they have experienced a massive surge in demand – and are responding with a blockchain-powered solution. The...

Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia


Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Bitcoin.com reported on the power struggle...

Bitcoin (BTC) is POWER and Not Just an Investment Avenue


Bitcoin price gains an edge as it releases from the consolidation below $9.3k and trades around $9.5k, at the press time after having hit a monthly high at $9.55k. Bitcoin, on the intraday chart, is retaining complete support from the daily Moving Averages. The technical are bullish than ever,...

Al Weiss Appointed Chairman (Non-Executive) of Playfuel


Weiss’ significant technology and entertainment industry experience includes his current role as General Partner and Chairman of Global Blockchain Ventures and as former President, Worldwide Operations, Disney Parks and Resorts. Dubai, UAE, July 22, 2020, PlayFuel, the company bringing...

Waves Join Hands with Band Protocol to Power New-age App Development


In an important strategic partnership, Waves platform has come together with Band Protocol in order to provide a toolset for the development of new-age decentralized solutions in a variety of business segments. Some of the prominent categories where this collaboration will be of particular...

Chinese Power Giant & World’s 5th Biggest Company in Blockchain Dive


The State Grid Corporation of China (SGCC), the largest utility company in the world, says it will launch a blockchain “lab” – in a bid to adopt blockchain technology to its business workings and internal operations. The SGCC is headquartered in Beijing, has around 1 million employees...

A New Price Valuation Model Says $10,670 Fair Value For Bitcoin


Seba, a Switzerland based bank, is proposing a Bitcoin valuation model that places its fair value at $10,670. At this price, the model suggests Bitcoin is trading at a significant discount, at just above $9,100. In a blog posting this past Thursday, Seba says the model’s estimate relies...

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