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Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda

Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda

Ripple CEO thinks Bitcoin’s PoW energy consumption makes public companies who invested heavily in BTC, like Square, potential targets of Joe Biden’s climate change agenda.

Blockchain Adoption Wins Center Stage in Africa

Blockchain Adoption Wins Center Stage in Africa

Blockchain technology is continuously reigning supreme across the globe based on the distributed ledger network it avails, making transparency, immutability, and traceability inevitable.

Apple Co-founder Steve Wozniak's EFFORCE Crypto Kicks Off on HBTC

Apple Co-founder Steve Wozniak's EFFORCE Crypto Kicks Off on HBTC

Steve Wozniak, Apple's co-founder, new blockchain project to fund energy-efficiency projects, Efforce has launched its token WOZX on HBTC.com.

Polkadot: A Decentralized Center for Specialized Blockchain Interoperability

Polkadot: A Decentralized Center for Specialized Blockchain Interoperability

Polkadot could be one of the most carefully crafted blockchain projects to date, allowing for better coordination and communication between blockchains.

Why Energy Experts are Watching the Crypto Market Closely

Why Energy Experts are Watching the Crypto Market Closely

Words like Bitcoin and Oil Market seem to have no correlation between them. However, given the kind of small world we are living in, there's more than meets the eye. Check out this article which explains the perfect correlation between Bitcoin and Oil Market and why energy experts are keeping a close watch on the crypto market.

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

Greenidge’s 65,000-square-foot facility was initially built in 1937 as a coal plant before eventually being closed down in 2011. The plant remained dormant for five years before Atlas Holdings, Connecticut-based private equity company, converted it into a natural gas plant in 2016 to generate clean energy. Because of the high power that crypto mining machines use in their operations, countries have initiated stricter measures to discourage miners from conducting their mining activities. Some of these measures involve increased electricity fees, which have compelled most miners to move to other cities with favorable electricity billing.

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

A major Bitcoin mining hub in China, Inner Mongolia will be shutting down its extensive mining operations by April of this year.

IBM Opens Quantum Computation Center in New York

IBM Opens Quantum Computation Center in New York

On September 18th, IBM announced the opening of the IBM Quantum Computation Center in New York State which will house the world's largest fleet of quantum computing systems for commercial and research activity that exist outside of an experimental lab environment.

Malaysian Crypto Miners Caught Stealing $59,700 of Electricity from State on Monthly Basis

Malaysian Crypto Miners Caught Stealing $59,700 of Electricity from State on Monthly Basis

Malaysian police recently arrested five cryptocurrency mining operators that were caught stealing electricity from a state-owned power company, Sarawak Energy Berhad (SEB).

Power Ledger Partners with Power Club To Roll Out Blockchain Plants in South Australia

Power Ledger Partners with Power Club To Roll Out Blockchain Plants in South Australia

Powerledger enters into a partnership with Powerclub, an Australian electricity wholesaler for better energy usage, allowing the integration of power club's blockchain ledger application.

Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW

Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW

Ripple CTO David Schwartz talks about reasons why Ripple Ledger (XRPL)'s consensus is more reliable and energy-efficient than Proof of Work (PoW) Consensus.

Bitcoin Community Helps in Setting Up Italian Red Cross Medical Center to Fight Coronavirus

Bitcoin Community Helps in Setting Up Italian Red Cross Medical Center to Fight Coronavirus

The Bitcoin community has funded a noble cause of establishing the second level Advanced Medical Post (AMP) belonging to the Italian Red Cross as it will be instrumental in saving lives in Italy amid the coronavirus (COVID-19) pandemic. The epidemic has hit Italy hard as it has recorded more than 132,000 cases and at least 16,000 deaths.

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