Paraguay has just passed a law aimed at building a Bitcoin mining industry. The legislation proposed by MP Carlitos Rejala and Senator Fernando Silva is welcome even if it does not go as far as that of El Salvador.A 100% renewable energy BTC mining industryParaguay is the second country in America to provide a legal framework for bitcoin and in particular the BTC … [Read more...] about Paraguay promises to be a 100% renewable Bitcoin (BTC) mining giant
Bitcoin is certainly the undisputed leader in the world. But that does not prevent some from criticizing Bitcoin for its lack of application. Indeed, compared to other cryptos like Ethereum which have created a real ecosystem, Bitcoin remains... only a means of payment. But that could quickly change.Jack Dorsey's DeFi platformJack Dorsey is known to be the boss of the … [Read more...] about Twitter boss prepares DeFi application platform on Bitcoin blockchain
What just happened? British police have seized nearly $ 250 million (£ 180 million) in cryptocurrency as part of a money laundering investigation. The amount is a record high in the UK and considered to be one of the largest crypto foreclosures ever made in the world.Metropolitan Police said the seizure was carried out by the Met's Economic Crime Command. It comes … [Read more...] about British detectives seize record $250 million in crypto
If you are wondering what are some concrete applications of crypto, we encourage you to look at the case of Africa. Bitcoin transaction volumes have been declining in recent months with the crypto crash in most continents except… in Africa. On this continent, Bitcoin is used on an important and regular basis, in particular to carry out international currency transfers. Nigeria … [Read more...] about Nigerian Bitcoin Trading Volume At Highest Despite Central Bank Restrictions!
In a nutshell: The Mechanicville Hydroelectric Plant, near Albany NY, is pretty much the oldest renewable power plant still in operation in America. Nowadays, it mainly uses its original equipment from 1897 to power a Bitcoin mining farm.In the 1980s, the National Grid was considering shutting down the defunct plant when Albany Engineering Corp. agreed to operate it … [Read more...] about 124-year-old hydropower plant uses its energy to mine Bitcoin
The Central Bank of China has called for the closure of a company suspected of engaging in cryptocurrency transactions.It is a new turn of the screw that cryptocurrencies undergo on behalf of the Middle Empire. On July 7, 2021, the Central Bank of China called for the closure of a company that “was suspected of providing software services for virtual currency … [Read more...] about China continues crackdown on cryptocurrencies
“We believe that we can bring great value to our customers by integrating crypto into their banking experience,” says N26.N26 customers will no longer have to envy Revolut or ogle cryptocurrency exchanges like Coinbase and Binance. Soon, the German neobank's app will open its own service to buy and trade digital coins like Bitcoin, Ethereum, and possibly other … [Read more...] about Buy bitcoin on N26? The neobank tells you
There are many conjectures about the end of the Bitcoin bear market. When they come from institutional players like the investment bank JP Morgan, it is always interesting to take them into account. Let's discover the latest analyzes provided by JP Morgan on the price of Bitcoin.JP Morgan's opinion on the fall of BitcoinNikolaos Panigirtzoglou is an analyst at JP … [Read more...] about Fall of Bitcoin, until when? For JP Morgan, you have to look at this simple indicator!
In a report released this week, the Bitcoin Mining Council, an organization that brings together companies whose primary business is mining Bitcoin, claimed that BTC mining now relies on an energy mix that is over 50% renewable.“Mining Bitcoin uses negligible amounts of energy, quickly becomes more efficient, and is fueled by a higher mix of sustainable energy than any … [Read more...] about Bitcoin Mining Becomes Cleaner And Cleaner, Report Says BTC Price Up
China was home to most of the world's bitcoin mining farms. Now that she has shut down these sites, the miners must find a new base. The geography of cryptocurrencies is going to be completely redesigned in the coming months.Cutting off the power to bitcoin farms is an unstoppable way to force them to shut down. This is what China did recently, stopping nearly 90% of the … [Read more...] about Bitcoin miners can no longer stay in China: where will they go?