Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (Émirats arabes unis). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining

« Panique de 2023 »: James Corbett explique comment la crise bancaire pourrait conduire au « cauchemar du contrôle monétaire total » des CBDC

Le journaliste d'investigation James Corbett a récemment évoqué la crise bancaire mondiale actuelle impliquant SVB., Banque de signatures, Credit Suisse et d'autres comme le “Panique de 2023,” établir des comparaisons avec ce qu'il considère comme des précédents historiques, et pointant vers un inévitable…

ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use

Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary to

Investment Fund Focused on Crypto Mining to Be Created in Russia

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian

Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group

Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, comprenant…

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited ashift in the regulatory climate” et “industry-wide capitulationsas reasons

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, avec…

Au milieu de la forte demande énergétique des mineurs, La Russie envisage de construire de nouvelles centrales électriques en Sibérie

Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal

As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created

109 years ago, les Etats Unis. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, plus que 96% of the greenbacks purchasing power has been erased

Le sénateur du Massachusetts présente un projet de loi visant à obliger les mineurs de crypto à déclarer leurs émissions de gaz à effet de serre

En décembre. 8, 2022, trois politiciens démocrates du Massachusetts, Oregon, et la Californie ont dévoilé une législation visant à lutter contre “énergivore” opérations minières de cryptomonnaie. Le projet de loi présenté par le sénateur Ed Markey (D-MA) allègue que le minage de crypto “met à rude épreuve la grille” et l'industrie “sape les États-Unis….