Jack Dorsey-led Square is investing $5 million into building a bitcoin mine that runs on solar power, teaming up with bitcoin technology company Blockstream on the project as a debate over crypto’s environmental impact intensifies. While the payment firm Square is backing the project financially, Blockstream is providing infrastructure and expertise for the renewable-energy bitcoin-mining […]

Read full post Jack Dorsey-led payment firm Square is investing $5 million to create a sustainable bitcoin mine. on Chaintimes.com.

China banned several crypto-related social media accounts on Weibo. Last month, the country outlawed crypto exchanges & financial services.

The Chinese crypto industry faces more frustration after local social media platform Weibo has reportedly suspended several popular crypto-related accounts. 

According to local reports, at least a dozen crypto influencers on Weibo have been unable to use their accounts on Saturday night. Weibo greeted other users who visited suspended accounts with a message saying the banned accounts have violated Weibo guidelines and “relevant laws and regulations.” A Weibo user named Woman Dr. bitcoin mini, who saw her […]

A report by The Times has revealed that Ruffer, the asset management firm in the United Kingdom has sold all of its Bitcoin holdings worth $1.1 billion.

Bitcoin price dropped 5% after Weibo blocked several accounts maintained by crypto influencers, media…

The post China’s Weibo Blocks Crypto Accounts Amid Fresh Crackdown appeared first on Coin Journal.

Square will invest $5 million with Blockstream to build a solar-powered bitcoin mining facility. The facility will be built at an existing site.

The government doesn’t want a Chinese version of Elon Musk, an expert said.

Blockchain technology firm Blockstream allies with Square to push for solar-powered bitcoin mining. Powering Solar-Energy Mined Bitcoin In an announcement made on June 5, blockchain firm Blockstream announced a partnership with Jack Dorsey’s Square Inc. to develop an open-source, solar-powered bitcoin mining facility at one of Blockstream’s mining sites in the U.S. Notably, Square isRead More

The collective's power has been waning in recent years, showing more bark than bite.

Bitcoin advocates at Bitcoin 2021 put forward a moral case for Bitcoin. Their argument’s all about property rights.

Not so long ago, Michael Saylor, MicroStrategy CEO stated Bitcoin to be the 'greatest customer' for renewable energy in the world. The world's largest cryptocurrency has had a fair share of criticism

The post These 2 companies are working on a solar-powered Bitcoin mining facility appeared first on AMBCrypto.