Paraguay will evaluate future state-run bitcoin mining after launching a pilot program using equipment seized from illegal operators.
The South American country's initiative puts BTC mining back into focus after "years of tension surrounding the activity. For a time, the country established itself…
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Bitcoin mining
Indonesian government considers creating a national Bitcoin reserve
Last week, the Bitcoin Indonesia group held a meeting with the country's vice-presidential office to discuss the proposal for a Bitcoin reserve to help strengthen the economy.
The strategic reserve in the market's leading cryptocurrency is…
Bitcoin mining with sustainable energy surpasses 52.4 %
A recent study by the Cambridge Centre for Alternative Finance (CCAF) at the Cambridge Judge Business School estimates the growth in the use of sustainable energy for Bitcoin mining at 52.4 %.
To compile this report, the CCAF "included 49…
Deutsche Telekom to use renewable energy for Bitcoin mining
Deutsche Telekom is venturing into Bitcoin mining using surplus energy from renewable sources that would otherwise be wasted.
Europe's largest telecom provider is venturing into the world of cryptocurrencies in a new project called…
IMF asks to increase electricity rates for Bitcoin mining by 85 %
Given the high energy consumption of Bitcoin mining, in addition to the generation of carbon emissions into the environment, the International Monetary Fund has proposed an increase in electricity rates by 85 %.
The organization, through a…
Putin signed the bill legalizing Bitcoin mining in Russia
The president of Russia, Vladimir Putin, approved Bitcoin mining in the country after signing the bill authorizing the activity last Thursday, August 8.
With this measure, Russia takes an important turn to the rigorous stance it had…
Unauthorized Bitcoin mining will be punished with ten years in prison in Paraguay
The Paraguayan Senate approved increasing the penalty for Bitcoin miners without proper authorization to 10 years in prison, thus continuing the request made last month by Senator Ever Villalba by modifying article 173 of the Penal Code.…
El Salvador has mined 474 Bitcoins with energy from the Tecapa volcano
Renewable energy is used in El Salvador for Bitcoin mining. The Central American country uses the energy of the Tecapa volcano in this activity, and has already managed to mine 474 bitcoin, which is equivalent to about 29 million dollars.…
El Salvador’s bitcoin bonds were approved
El Salvador's long-awaited Bitcoin bonds, also known as "Volcano Bonds", have received regulatory approval and are scheduled for launch in early 2024.
El Salvador’s Digital Assets Commission gave the green light to Volcano Bond, according…
El Salvador launches Lava Pool, first bitcoin mining pool
El Salvador, a pioneering Central American country in adopting bitcoin as legal tender, launched its first mining pool for this cryptocurrency, called Lava Pool.
This is a joint effort between the public and private sectors, promoted by…
Russia closes gap with the United States in Bitcoin mining
The United States currently remains at the top of Bitcoin mining. However, this situation could change due to the turbulence in this sector, in addition to the banking crisis, and catapult Russia to the first place.
China remained the main…
Venezuela will mine bitcoin with natural gas
The government of the Monagas state, located in the East of Venezuela, announced during a recent event called Monagas Innova, that they will create bitcoin mining farms, in which surplus natural gas from oil fields will be used.
The…