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Oil and gas giant ConocoPhillips announced this week that they are partnering with an undisclosed Bitcoin mining company as part of a pilot project to reduce flaring. According to a ConocoPhillips spokesperson, they have “one Bitcoin pilot project currently operating in the Bakken [a region in North Dakota known for
Hive Blockchain Technologies LTD * 1.87 EH/s Bitcoin mining capacity * 264 BTC mined * 2,043 total BTC on hand as of 1/31 Hive Blockchain Technologies LTD released their January production numbers showing an increase in Bitcoins mined despite the growing network difficulty. The company mined a total of
The Domos de San Pedro geothermal power plant is located in the central western region of Mexico. Owned by a private company, Grupo Drago, the power plant is the first to produce geothermal energy in Mexico. Grupo Drago was founded in 2010 and began funding the development of the Domos
News • Bitcoin • Feb 16, 2022
The Domos de San Pedro geothermal power plant is located in the central western region of Mexico. Owned by a private company, Grupo Drago, the power plant is the first to produce geothermal energy in Mexico. Grupo Drago was founded in 2010 and began funding the development of the Domos
News • Bitcoin • Feb 16, 2022
Oil and gas giant ConocoPhillips announced this week that they are partnering with an undisclosed Bitcoin mining company as part of a pilot project to reduce flaring. According to a ConocoPhillips spokesperson, they have “one Bitcoin pilot project currently operating in the Bakken [a region in North Dakota known for
News • Bitcoin • Feb 16, 2022
Hive Blockchain Technologies LTD * 1.87 EH/s Bitcoin mining capacity * 264 BTC mined * 2,043 total BTC on hand as of 1/31 Hive Blockchain Technologies LTD released their January production numbers showing an increase in Bitcoins mined despite the growing network difficulty. The company mined a total of
News • Bitcoin • Feb 16, 2022
Prior to the spring of 2021, the majority of the hashrate to secure the Bitcoin network was located in China. Miners were consistently adding more ASIC machines to their mining farms in order to earn rewards for providing energy to the network. During the spring of that year, the China
News • Bitcoin • Feb 15, 2022
Governor Chris Sununu established a Governor’s Commission where members will be able to help determine Bitcoin and cryptocurrency regulations for the state. Governor Sununu signed Executive Order 2022-1 on February 9th in order to create a Governor’s Commission that will analyze and review all regulations related to Bitcoin,
News • Bitcoin • Feb 15, 2022
On Monday, leaders of the Tallycoin fundraiser for the Freedom Convoy in Canada voluntarily stopped accepting donations, at least for the time being. At the time of deactivation, the HonkHonk Hodl group had raised approximately 22 BTC, valued at nearly $1 million, through the bitcoin fundraising platform Tallycoin. The Freedom
News • Bitcoin • Feb 15, 2022
According to a report released by the U.S. Securities and Exchange Commission (SEC), popular cryptocurrency exchange and lending platform BlockFi has agreed to pay $100 million in a settlement over claims that the company violated securities law through its interest account offering. Per the report, $50 million will be
News • Business • Feb 15, 2022
In January, the first mention of Intel’s application-specific integrated circuit (ASIC) was revealed in an agenda for the International Solid State Circuit Conference. Less than a month later, Senior Vice President General Manager Raja M. Koduri Announced on Intel’s Newsroom page that the company is developing a more
News • Bitcoin • Feb 14, 2022