Tags : power

Market

Why Crypto Mining Needs Nuclear Power — CoinDesk

Intentional collaboration with nuclear power could reduce the cost of electricity for crypto-mining operations. The cost to generate the electricity is a small fraction of the total, with various taxes, transmission costs and delivery costs accounting for the rest. Although nuclear power does not offer the lowest electricity generation cost, crypto mining would take full […]Read More

Market

Stellar and Cardano Show the Power of College Partnerships

Major cryptocurrency companies and foundations are partnering with educational institutions to further democratize the development of the technology and tap into new talent pools. Blockchain pioneers view it as a way of passing the torch to the next generation of innovators. Ripple’s University Blockchain Research Initiative (UBRI), for example, boasts partnerships with more than 30 […]Read More

Market

Nasdaq-Listed CleanSpark Moves Full Mining Power to Foundry Pool —

The USA Pool of Foundry, a subsidiary of CoinDesk parent Digital Currency Group, focuses on institutional mining businesses and integrates with cryptocurrency prime broker Genesis, another DCG-owned company, to provide treasury management services. Foundry USA is the first North American pool to offer the Full-Pay-Per-Share (FPPS) payout method without relying on an external party. FPPS […]Read More

Regulation

Venezuela cut off power to Bitcoin (BTC) mining plants despite

Bitcoin (BTC) miners in one of Venezuela’s most important industrial states, Carabobo, had their electricity cut off by authorities, Criptonoticias reported.  On August 7, the regional officials effectively shut down crypto mining operations in the key state by suspending the power supply to all registered miners in the territory. Putting pressure on underground mining According […]Read More

Bitcoin

This firm turned an old power plant into Bitcoin farm—and

Over the past few years, private equity firm Atlas Holdings has created arguably the most ambitious and self-sufficient Bitcoin mining facility in the U.S. by repurposing a whole abandoned power plant into a crypto farm. According to Ars Technica’s report published earlier this week, Atlas bought the Greenidge power plant in upstate New York back […]Read More

Bitcoin

Blockstream tokenizes its Bitcoin mining power

Blockchain development firm Blockstream has revealed its new security token, dubbed Blockstream Mining Note (BMN), that will be backed by the company’s Bitcoin (BTC) mining capabilities. “The Blockstream Mining Note (BMN) provides more flexibility than traditional investment in physical mining infrastructure by packaging BTC mining into a tradable Liquid BTC-based token,” Blockstream announced yesterday. Now […]Read More