Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD.
Related Posts


French privacy watchdog questions Worldcoin’s data collection method: Report
The French data protection agency CNIL said that it finds the legality of Worldcoin’s collection methods “questionable” as are its conditions for storing the data. 133 Total views 1 Total shares The French data protection agency, also called the Commission Nationale Informatique & Libertés (CNIL), is reportedly questioning the legality of data collection methods conducted…

Crypto Markets See Hint of Green, Top Cryptos Keep Trading Sideways
Thursday, Nov. 1: crypto markets have seen a hint of green, with many of the top 20 cryptocurrencies seeing slight growth. The slight growth in markets follows a recent sell off on Monday, when the price of Bitcoin (BTC) dropped from $6,480 to as low as $6,344. While 19 out of the top 20 cryptocurrencies…

Top 5 Cryptos This Week (Mar 8): LINK, CRO, XTZ, MKR, ETH
The total crypto market capitalization has dropped from about $263 billion on March 7 to under $244 billion at press time. This shows a lack of demand at higher levels. The failure to resume the up move within the next few days is likely to attract further selling by the short-term traders.Binance’s research department noted…

Coinbase forms a second PAC to support crypto-friendly candidates
The exchange registered its first PAC in July 2018 but closed it the following year after reporting it had received no funds or made any disbursements. 97 Total views 21 Total shares Crypto exchange Coinbase has filed for a political action committee reportedly to support "crypto-forward lawmakers" ahead of the 2022 midterm elections in the…

Texas Ethics Commission seeks pro-crypto rule for political contributions
If approved, cryptocurrency donations and contributions will need to be reported as in-kind contributions or as investments, not currency. 734 Total views 35 Total shares The proposal was filed with the Texas Secretary of State, which sought to address and clarify the reporting requirements of political contributions made with cryptocurrencies. According to the filing:“The new…

Well-known vulnerability in private keys likely exploited in $160M Wintermute hack
The vulnerability in private keys generated by the popular Profanity vanity key generator was noted in January and has already been implicated in at least one major hack. 581 Total views 15 Total shares Blockchain cybersecurity company Certik has said a vulnerable private key was attacked in the Wintermute hack. A vulnerability in private keys…

North Korea and Crypto: Is the Regime Responsible for Major Hacks?
For many years now, the media periodically reports news regarding the alleged mischiefs pinned on the North Korean hackers that are seemingly detriment to target fintech businesses. But this fact seems quite odd, considering that the International Telecommunication Union estimated that the actual percentage of the population of the Democratic People's Republic of Korea using…

Avalanche (AVAX) loses 30%+ in April, but its DeFi footprint leaves room to be bullish
Avalanche (AVAX) price is down more than 30% in April, but despite the negative price move, the smart contract platform remains a top contender for decentralized applications due to its scalability, low-cost transactions and its large footprint in the decentralized finance (DeFi) landscape.AVAX token/USD at FTX. Source: TradingViewThe network is compatible with the Ethereum Virtual…