Blockstream announced on April 8th, 2022 that they are teaming up with Tesla and Block Inc. to retrofit a Bitcoin mining facility with a 3.8 Megawatt (MW) Tesla Solar PV array and a 12 Megawatt-hour (MWh) Megapack. It is confirmed that construction for the mining facility has begun and
News - Bitcoin - Apr 08, 2022Jack Mallers, CEO of Strike, announced at the Bitcoin 2022 Conference in Miami that his company has partnered with Shopify, NCR, and Blackhawk Network. These payment providers work with the majority of major U.S. companies like McDonald’s, Walmart, Walgreens, Home Depot, Best Buy, Chipotle, Starbucks, Whole Foods, and
News - Bitcoin - Apr 07, 2022Former Chief Strategy Officer of Blockstream Samson Mow left the company back in March to pursue “nation state Bitcoin adoption”. He has now started a new company called Jan3 (named after the date that Bitcoin’s Genesis block was mined) that will focus on layer two technologies like Liquid and
News - Bitcoin - Apr 07, 2022On April 5th, 2022 The Bitcoin Company announced a $2.1 million dollar seed round that was led by members of the Bitcoin community as well as other Bitcoin companies and firms. Some of those who are involved include: Greg Foss, Jay Gould, American HODL, Brad Mills, Seetee, Mimesis Capital,
News - Bitcoin - Apr 06, 2022On April 5th, 2022 Business Development Lead for Lightning Labs Ryan Gentry announced that Bitcoin and the Lightning Network will soon have the ability to handle multiple assets. Taro is a protocol powered by Taproot and enables Bitcoin to have app developers integrate assets that may be settled alongside on-chain
News - Bitcoin - Apr 05, 2022Intel announced on April 4th that the company will be launching an energy efficient mining chip in the third quarter of 2022. The Intel Blockscale ASIC (Application-specific Integrated Circuit) is considered to be the culmination of all of Intel’s work. With a dedicated research and development (R&D)
News - Bitcoin - Apr 04, 2022Founder of Block (formerly Square) Jack Dorsey spoke to the Democrats of the House Financial Services Committee on March 31st, 2022 in order to address some of their concerns about Bitcoin and cryptocurrencies. Topics that attendees brought up with Dorsey include: * Energy consumption - Dorsey covered the various ways that
News - Bitcoin - Apr 01, 2022CleanSpark is a publicly traded Bitcoin and cryptocurrency mining company based in Nevada. They recently closed a deal with the Texas energy company Lancium in order to devote 500 megawatts (MW) to mining. Around 50 MW will be used for mining by the end of 2022 and then another 150
News - Bitcoin - Apr 01, 2022