Kripto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

Equity markets began the day in the red following the latest corporate earnings reports from some of the worlds largest firms, including Microsoft. The tech giants recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments,…

Chinese Zhejiang Province Aims to Build a $28.7 Billion Metaverse Industry by 2025

Zhejiang, a coastal province of China, has presented a metaverse development plan that seeks to build a metaverse hub in its territory. The plan aims to entice the creation of a $28.7 billion metaverse industry and construct an ecosystem of several

Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023

Nvidia, a graphics processing unit and artificial intelligence (AI) podjetje, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement

Big Four Company EY Takes Wavespace Utility to the Metaverse

EY, one of thebig fouraccounting companies, is taking part of its software suite into the metaverse. EY wavespace, a utility that lets customers join meetings with EY personnel from several places around the world, will now include immersive experiences,…

Poraba električne energije ruskih kripto rudarjev skokovito naraste 20 Časi v 5 leta, Raziskovalne ugotovitve

Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. notri 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts

Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project

A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technologyin supporting end-to-end digital traceability of circular feedstock in customer products.The benefits expected to accrue from using blockchain include

Švedska potrebuje moč za bolj uporabne stvari kot rudarjenje bitcoinov, Minister za energijo pravi

Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, država’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it

Bitfarms kupi dip: 1,000 Bitcoin dodan v zakladnico, ko BTC pada, medtem ko cene strojne opreme za rudarjenje ostajajo visoke

Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. Podjetje’s corporate treasury now holds more than 4,300 bitcoins. Mining Company Buys the Dip Bitfarms