powerusage
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.
Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants
Power Ledger, a Perth-based energy trading software company, and Powerclub, an Australian electricity wholesaler, have signed a deal to offer households unparalleled authority over their energy usage via a blockchain-based virtual power plant.
Texas Bitcoin Miners Agree to Reduce Power Usage
The crypto miners made the move after ERCOT suggested the need to reduce power consumption.
Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms
Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.
Equilibrium and Chainlink to Power Synthetic Assets and Stablecoins on Polkadot
Equilibrium has chosen Chainlink, a tokenized oracle network, to power synthetic assets, lending, and stablecoins using its smart contracts.
Power Ledger Wikipedia Page Removed By Biased Crypto-Hating Wiki Editor David Gerard
Power Ledger recently became the target of the anti-crypto zealot and Senior Wikipedia Editor David Gerard who argued to delete their Wiki page.
Malaysian Authorities Shut Down Illegal Bitcoin Miners For $600K Power Theft
Malaysian police have shut down two illegal Bitcoin mining operations which had been siphoning power continuously for the past three years.
China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals
An interactive map published by the University of Cambridge’s Alternative Finance Center (CCAF) revealed Chinese miners accounted for 65 percent for the global hashing power used by Bitcoin. The CCAF tracked mining data for over a year from websites like BTC.com, ViaBTC, and Poolin, with the premier university claiming the map is the first-of-its-kind effort in visualizing hash power data by geography.
Worldline and Bitcoin Suisse to Revitalize Swiss Point of Sales with Crypto Usage
Worldline, a top European company in the payments and transactional services industry, has struck a deal with Bitcoin Suisse, a notable Swiss crypto financial services firm, to present crypto payment services to Swiss consumers and merchants both in-web shops and in-store.
Ugandan Government Forms an Expert Task Force to Delve into Crypto Usage
The Ugandan government has formed a team of experts to research and offer guidance on digital financial operations, such as cryptocurrencies in the wake of recent crypto scams.
Iran to Pump Liquidity in Economy by Permitting Power Plants to Mine Bitcoin
Iran has given power plants the green-light to undertake Bitcoin mining on a large scale as this will spur economic growth from the revenue generated. Nevertheless, interested parties must adhere to various regulations like not using subsidized fuel to extract Bitcoin and other cryptocurrencies.
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.
Ripple (XRP) Price to Skyrocket and “Completely Annihilate” Every Other Altcoin, says Analyst
The demand for Ripple’s cryptocurrency, XRP is set to skyrocket as the US regulation of cryptocurrencies are clarified. Ripple currently relies on the power of the ISO20022 standardization within RippleNet.