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Bitcoin Miner CleanSpark Acquires New Georgia Mining Facility
Bitcoin Miner CleanSpark Acquires New Georgia Mining Facility
News  •  Bitcoin  •  Sep 09, 2022 by Deniz Saat

American-based Bitcoin miner CleanSpark, Inc. (Nasdaq: CLSK) recently disclosed that the company had entered into definitive agreements to purchase a fully operational Bitcoin mining facility in Sandersville, Georgia, for up to $33 million from Mawson Infrastructure Group Inc. The transaction is anticipated to increase CleanSpark’s hashrate by 1.4

White House Report Suggests Adopting Bitcoin Mining Standards to Combat Climate Change
White House Report Suggests Adopting Bitcoin Mining Standards to Combat Climate Change
News  •  Bitcoin  •  Sep 08, 2022 by Deniz Saat

A recent report released by the White House known as “Climate and Energy Implications of Crypto-assets in the United States,” claims that the United States’ attempts to tackle climate change may be hampered by the environmental impact of Bitcoin and other cryptocurrencies relying on the Proof-of-Work (PoW) mechanism. The conclusions

Luxury Resort Palazzo Versace Dubai Now Accepts Bitcoin Payments
Luxury Resort Palazzo Versace Dubai Now Accepts Bitcoin Payments

According to a press release, Palazzo Versace Dubai is now accepting Bitcoin and other cryptocurrencies as payment for services in the United Arab Emirates (UAE). The resort now allows customers to pay with Bitcoin due to a partnership with Binance, the largest cryptocurrency exchange in the world. Since September 7th,

News  •  Bitcoin  •  Sep 12, 2022
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Luxury Resort Palazzo Versace Dubai Now Accepts Bitcoin Payments
Luxury Resort Palazzo Versace Dubai Now Accepts Bitcoin Payments

According to a press release, Palazzo Versace Dubai is now accepting Bitcoin and other cryptocurrencies as payment for services in the United Arab Emirates (UAE). The resort now allows customers to pay with Bitcoin due to a partnership with Binance, the largest cryptocurrency exchange in the world. Since September 7th,

News  •  Bitcoin  •  Sep 12, 2022
Bitcoin Miner CleanSpark Acquires New Georgia Mining Facility
Bitcoin Miner CleanSpark Acquires New Georgia Mining Facility

American-based Bitcoin miner CleanSpark, Inc. (Nasdaq: CLSK) recently disclosed that the company had entered into definitive agreements to purchase a fully operational Bitcoin mining facility in Sandersville, Georgia, for up to $33 million from Mawson Infrastructure Group Inc. The transaction is anticipated to increase CleanSpark’s hashrate by 1.4

News  •  Bitcoin  •  Sep 09, 2022
White House Report Suggests Adopting Bitcoin Mining Standards to Combat Climate Change
White House Report Suggests Adopting Bitcoin Mining Standards to Combat Climate Change

A recent report released by the White House known as “Climate and Energy Implications of Crypto-assets in the United States,” claims that the United States’ attempts to tackle climate change may be hampered by the environmental impact of Bitcoin and other cryptocurrencies relying on the Proof-of-Work (PoW) mechanism. The conclusions

News  •  Bitcoin  •  Sep 08, 2022
Nigeria Sets Plans to Launch a Special Economic Zone for Bitcoin and Crypto
Nigeria Sets Plans to Launch a Special Economic Zone for Bitcoin and Crypto

Nigeria is pursuing to create the first economic free zone for Bitcoin and cryptocurrency in West Africa through the Nigeria Export Processing Zones Authority (NEPZA), according to a press release. Talent City specializes in building special economic zones and is working alongside Binance and NEPZA. According to NEPZA’s managing

News  •  Bitcoin  •  Sep 08, 2022
Singapore's DBS Bank Aims To Expand Bitcoin Services
Singapore's DBS Bank Aims To Expand Bitcoin Services

DBS Group Holdings is the largest bank in Singapore and has recently announced that they plan to expand their Bitcoin and cryptocurrency services to 300,000 of its wealthiest clients. As of the end of 2021, DBS holds $488 billion in total assets. The bank currently has less than 1,

News  •  Bitcoin  •  Sep 07, 2022
CleanSpark Purchases 10,000 Bitcoin Mining Machines
CleanSpark Purchases 10,000 Bitcoin Mining Machines

CleanSpark Inc. (Nasdaq: CLSK) has recently purchased 10,000 brand new Bitmain Antminer S19j Pro ASIC miners from Cryptech Solutions for $28 million. CEO of CleanSpark Zach Bradford stated:  During the tail end of the bull market last year, we strategically focused on building infrastructure instead of following the then

News  •  Bitcoin  •  Sep 07, 2022
The Human Rights Foundation Donates $325,000 in Bitcoin for Core Development and Other Initiatives
The Human Rights Foundation Donates $325,000 in Bitcoin for Core Development and Other Initiatives

According to a press release sent to Bitcoin Magazine, the Human Rights Foundation (HRF) has announced its most recent round of donations, which total $325,000 in BTC and are focused on supporting important components of the Bitcoin ecosystem. The HRF is concentrating its efforts with this round of Bitcoin

News  •  Bitcoin  •  Sep 06, 2022
Hodl Hodl and Partners Set to Release New Debifi Platform for Bitcoin-backed Borrowing
Hodl Hodl and Partners Set to Release New Debifi Platform for Bitcoin-backed Borrowing

Max Keidun, the CEO of Hodl Hodl, has partnered with Blockstream, Bitfinex, and other institutions to launch a decentralized platform for fiat and stablecoin loans. Known as Debifi, the new platform will allow users to borrow long-term loans in fiat and stablecoins using Bitcoin as collateral.  Debifi was announced during

News  •  Bitcoin  •  Sep 05, 2022
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