15 min listen
Why Bitcoin Mining Might Be the New Business Model for US Power Plants
FromThe Breakdown
ratings:
Length:
16 minutes
Released:
Mar 6, 2020
Format:
Podcast episode
Description
It was another good day for global crypto, as South Korea votes to formally integrate the industry into the existing financial system, opening the market to new players and potentially improving services for crypto companies. In New York state, meanwhile, a recently renovated power plant is taking advantage of low cost energy with 7000 bitcoin miners. This is part of a larger trend of US-based mining in 2020. In a very different part of the industry, a new partnership between ConsenSys, EY and Microsoft suggests the intranet era of enterprise blockchain might be coming to a close. Finally, the new governor of the Bank of England says be prepared to lose money if you buy bitcoin.
Released:
Mar 6, 2020
Format:
Podcast episode
Titles in the series (100)
Crypto Daily 3@3 - 7.23 | Trontroversy! // Ethereum dev tax? // #IndiaWantsCrypto: Justin Sun canceled his lunch with Warren Buffett this week, claiming kidney stones. Reports today, however, suggested that he was compelled not to leave China by border authorities due to investigations. But then he showed up in SF? So basically,... by The Breakdown