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 to a statement issued on December 11 by El Salvador’s…
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Bitcoin mining
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…
Australia to mine Bitcoin with solar energy
In Australia, the first Bitcoin mining farm powered entirely by solar energy has been installed. For the authorities of the country-continent, it is a great step towards a new economy.
Located in the south of Australia, in the city of…
Electrical consumption of Bitcoin mining in the US is very high
An investigation carried out by US legislators, led by Congressman Jared Hauffman, determined that the electricity consumption of companies dedicated to Bitcoin mining is quite high, similar to the consumption of all houses in Houston,…
Intel unveils its bitcoin mining chip
This week, developer company Intel officially unveiled its dedicated chip for efficient bitcoin mining, which will henceforth be known as "Bonanza Mine."
The presentation of this product took place during the "International Solid-State…
Kazakhstan forced to halt bitcoin mining
Kazakhstan, which is second on the list of bitcoin miners worldwide, has recently been experiencing problems with this activity due to protests against the government.
Specifically, a series of local demonstrations have forced the…
Norway to regulate bitcoin mining
Norway will regulate bitcoin mining. Bjorn Arild Gram, minister of local government and regional development, expressed, during a meeting with the media, that his country is considering the possibility of supporting a European ban on…
Canada to use Bitcoin mining to heat buildings
Cryptocurrency mining company MintGreen announced that it will provide heating to residents of North Vancouver, Canada, using heat generated by miners.
This recent announcement indicates that this service will begin to be available from…
Norwegian company allocates USD 58 million to invest in bitcoin
The Norwegian holding company Aker ASA has created a bitcoin subsidiary company called Seetee AS, to which it allocated USD 58 million that will be destined to invest in the popular digital currency.
According to what was expressed by the…
Venezuela ranks 49th in capacity to mine bitcoin
Of the 195 countries in the world, Venezuela is ranked 49th on the list of nations with the greatest bitcoin computing capacity, as stated by the economist and bank risk rater, Leonardo Buniak.
Buniak reported that in financial matters of…