Gathering solar energy down here on earth is a difficult process. Despite technological improvements, a more streamlined solution needs to be developed. Beaming solar energy down from space has suddenly become a hot topic. That is the result of a new project by the Air Force Research Laboratory in Albuquerque, […]
Tag: Electricity
Officials Seize Hundreds of Bitcoin Mining Machines in Iran
Bitcoin is a very unique form of money which is often misunderstood. Especially when it comes to mining cryptocurrencies, there are a fair few misconceptions. In Iran, the mining of cryptocurrency has turned into a political debate. Despite there not being any official law prohibiting this industry, several hundred miners […]
Another Chinese Region Shuts Down Bitcoin Mining Operations
Cryptocurrency mining has always attracted controversy. This is primarily because so many people only see the negative side in terms of electricity usage. China is slowly ending all ‘unofficial’ domestic Bitcoin mining operations, and the territory of Xinjiang Uyghur is the latest to be affected. Removing Illegal Bitcoin Mining Firms […]
New York State Prepares to Welcome Bitcoin Miners With Cheaper Electricity Rates
The state of New York doesn’t have the best of reputations when it comes to cryptocurrency. Its BitLicense requirement has made operating a crypto business very expensive and difficult. In an effort to turn things around, state regulators are now aiming to attract Bitcoin and altcoin miners. New York and […]
Is Walmart Poised to Become a Major Blockchain Player?
Semantics aside, the world of blockchain technology represents a new paradigm in the way businesses interact and operate. When its true potential is realized, the integration of blockchain throughout global industries may manifest as a transformative wave that beckons the next era of technology and business. While one certainly wouldn’t […]
Quebec Temporarily Suspends Electricity Approval Procedure for Bitcoin Mining Firms
Cryptocurrency mining has become very popular in Canada. The country’s abundance of renewable energy and robust power grid infrastructure have made specific provinces very appealing. Unfortunately, it seems things will change in the province of Quebec fairly soon. Energy approvals for mining operations have been halted until further notice. Quebec […]