Chinese government’s ban on Bitcoin mining is a “game changer” for the adoption of EV
It is the first time in China that a province has announced an ambitious electric vehicle campaign, taking advantage of the additional power capacity made available by Beijing’s ban on Bitcoin mining. Because of Beijing’s crackdown on energy-guzzling Bitcoin (BTC) mining, Guizhou province has become the country’s first to make use of its newly freed-up […]
BIT Mining expands its operations into Kazakhstan
BIT Mining, a cryptocurrency mining company aims to buy 2,500 Bitcoin miners for deployment in Kazakhstan. BIT Mining announced on Wednesday that it had agreed to buy 2,500 Bitcoin (BTC) mining equipment for $6.6 million. The company has already installed 3,819 BTC miners in Kazakhstan data centres , with another 4,033 on the way. The […]
Professor Angela Walch calls for crypto mining regulation
Professor Angela Walch of St. Mary’s University School of Law has called for more scrutiny on the activities of crypto miners in the State. A proposal for stronger rules on cryptocurrency miners was also made during Tuesday’s crypto hearing before the United States Senate Committee on Banking , Housing, and Urban Affairs. Professor Angela Walch, […]
Viridi’s green energy crypto mining ETF debuts on New York Stock Exchange
Viridi’s new exchange-traded fund (ETF) will invest in firms that provide green crypto mining infrastructure. There has been the creation of an exchange-traded fund in the United States that is focused on more environmentally friendly cryptocurrency mining activities and infrastructure. The new Viridi Cleaner Energy Crypto-Mining and Semiconductor ETF, which trades under the symbol ‘RIGZ’ […]
Bitcoin mining company Greenidge Generation announces expansion plans to South Carolina
Greenidge Generation claims that the South Carolina facility can generate 80 megawatts of power, with two-thirds of that coming from carbon-free sources. Greenidge Generation , a bitcoin mining startup, said that it would begin operations in South Carolina as soon as this year. Greenidge announced on Friday that it will be operating in a carbon-neutral […]