Three-Mile Island nuclear site reopening to power AI
The site was ground zero for a partial nuclear meltdown in 1979, which affected a separate unit and caused nearby areas to evacuate.
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Crypto mining can benefit Texas energy industry: Comptroller’s office
Given the unique positioning of the crypto mining market, Texas officials believe miners can participate in demand response programs — which involve turning off miners’ power during peak demand. 124 Total views 9 Total shares The United States filled in the wide gap in Bitcoin (BTC) mining that was left open by China by the…
Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin
Alex Liegl, CEO of Layer1 Technologies, a US-based Bitcoin (BTC) mining company that recently announced its intention to repatriate 30% of Bitcoin’s hash power by 2022, has described Texas as offering miners the “cheapest power in the world, at scale.”Less than two weeks ago, Layer1 commenced mining operations at its facility in western Texas, bringing…
Chinese digital yuan CBDC used for first time to settle cross-border oil deal
CBDC and de-dollarization saw major strides last week with the 1-million-barrel deal on the Shanghai Petroleum and Natural Gas Exchange. 1756 Total views 5 Total shares The digital yuan has been used for the first time to settle an oil transaction, the Shanghai Petroleum and Natural Gas Exchange (SHPGX) announced. PetroChina International bought 1 million
Forbes ‘2019 Fintech 50’ Lists About Half as Many Blockchain Companies as 2018 Edition
The Forbes 2019 “Fintech 50” list of the world’s top financial technology firms published on Feb. 4 features six blockchain companies, little more than half the amount listed in the 2018 edition.Released in February of last year, Forbes 2018 “Fintech 50” list contained 11 blockchain- and crypto-related companies.In the introduction to this fourth edition of…
UK Royal Mint to Provide Custody for New Cryptocurrency
Royal Mint, a government-owned manufacturer of coins in the United Kingdom, will provide crypto custodial services for the first time ever, according to a press release shared with Cointelegraph on July 15.The 1,100 year-old financial institution is participating in the launch of new cryptocurrency temtum (TEM), which is expected to go live on July 17. Specifically,…
Blockchain Set to Change the Face of Commercial Real Estate As We Know It
The real estate industry has seen significant growth since the recession. With market prices predicted to increase along with millennial demand in 2019, the industry is as welcoming as ever. Although the market is improving, it is still plagued by issues that make the investment process less convenient than it should be.Major drawbacks of the…
Korean gov’t clarifies crypto regulatory roles of different agencies
After some confusion, South Korea's government has laid out which state and regulatory bodies are charged with the oversight of various aspects of crypto-related activities. 3847 Total views 5 Total shares Over the past year or so, the crypto community in South Korea has had to adapt to a suite of new regulations and government…
The biggest winners and losers of the crypto industry in 2021
The cryptocurrency and blockchain industry experienced explosive growth in 2021, particularly in its decentralized finance (DeFi) and nonfungible token (NFT) sectors. The year was also marked by continued price volatility, baffling behavior from China, a grand experiment in Central America, escalating institutional interest, and the rise of some faster smart-contract networks — all of which is…