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KenGen, an energy production company in Kenya, has announced that it will be offering its surplus geothermal power to European and American Bitcoin mining companies. The energy production company primarily operates on renewable energy. KenGen has reported that various Bitcoin mining companies have reached out, looking to purchase energy from
Bitfarms highlights for May 2022: * 431 Bitcoin mined, up 6% compared to May 2021 * Average of 13.9 Bitcoin mined per day * Production up 3% when compared to April mining results * 6,075 total BTC in custody as of May 31st, 2022, valued at $188 million based on a BTC
New York’s State Senate voted to pass bill S6486D which will invoke a two-year moratorium on Bitcoin and cryptocurrency mining operations that use the Proof-of-Work mechanism to validate transactions. The State Senate voted 36-27 in favor of passing the bill into law. The bill will now be sent to
News • Bitcoin • Jun 03, 2022
New York’s State Senate voted to pass bill S6486D which will invoke a two-year moratorium on Bitcoin and cryptocurrency mining operations that use the Proof-of-Work mechanism to validate transactions. The State Senate voted 36-27 in favor of passing the bill into law. The bill will now be sent to
News • Bitcoin • Jun 03, 2022
KenGen, an energy production company in Kenya, has announced that it will be offering its surplus geothermal power to European and American Bitcoin mining companies. The energy production company primarily operates on renewable energy. KenGen has reported that various Bitcoin mining companies have reached out, looking to purchase energy from
News • Bitcoin • Jun 03, 2022
Chipotle Mexican Grill, Inc. recently announced that the majority of their restaurants will now accept payments in Bitcoin and other cryptocurrencies. The company has an established presence in countries like the U.S., U.K., Canada, Germany, and France. Methods of Payment Chipotle has partnered with Flexa in order to
News • Bitcoin • Jun 02, 2022
Towerbank, among the top 30 banks in Panama, announced Bitcoin-friendly services at an event hosted by the Chamber of Digital Commerce and Blockchain of Panama. Executive Director of the event, Cristobal Pereira, made the initial announcement while Towerbank later confirmed the new offerings. Towerbank will provide Bitcoin-friendly services as long
News • Bitcoin • Jun 01, 2022
News site CoinDesk recently went on a live interview with What Bitcoin Did podcast host Peter McCormack on their show “All About Bitcoin.” The interview took a turn when McCormack was met with unexpected questions about Craig Wright’s defamation suit against him. Wright is an Australian computer scientist who
News • Bitcoin • May 31, 2022
A new partnership aims to bring restaurants around the world into the digital payment space. Lavu is a major global restaurant software and payments solution provider built by those with experience in the restaurant industry. They have recently partnered with Verifone, a global FinTech leader and payment solution provider to
News • Bitcoin • May 25, 2022
Balenciaga recently announced plans to accept Bitcoin and certain cryptocurrencies as both in-store and online forms of payment. According to a report from Women's Wear Daily, the fashion house stands undecided on who they will use as a payment solutions provider, but Bitcoin and Ethereum will be among
News • Bitcoin • May 24, 2022