Summary:
Blockstream, the blockchain-focused company spearheaded by Adam Back, will develop and manage zero-emission Bitcoin mining facilities with the first to be built in North America. The firm’s initiative will come to life through a partnership with an Australian multinational independent investment bank – Macquarie Group. The Canada-based blockchain company continues with its effort to minimize the environmental damage caused by Bitcoin mining. The latest initiative comes through a partnership with Macquarie – an Australian financial services giant with over 0 billion in AUM. Both parties will work on zero-emission Bitcoin mining facilities with the first to see the light of day in North America. The statement didn’t provide a precise timeframe when it will be operational
Topics:
Jordan Lyanchev considers the following as important: AA News, Bitcoin Mining, social
This could be interesting, too:
Blockstream, the blockchain-focused company spearheaded by Adam Back, will develop and manage zero-emission Bitcoin mining facilities with the first to be built in North America. The firm’s initiative will come to life through a partnership with an Australian multinational independent investment bank – Macquarie Group. The Canada-based blockchain company continues with its effort to minimize the environmental damage caused by Bitcoin mining. The latest initiative comes through a partnership with Macquarie – an Australian financial services giant with over 0 billion in AUM. Both parties will work on zero-emission Bitcoin mining facilities with the first to see the light of day in North America. The statement didn’t provide a precise timeframe when it will be operational
Topics:
Jordan Lyanchev considers the following as important: AA News, Bitcoin Mining, social
This could be interesting, too:
Wayne Jones writes Charles Schwab to Launch Spot Crypto ETFs if Regulations Change
Wayne Jones writes Here’s When FTX Expects to Start Repaying Customers .5B
Dimitar Dzhondzhorov writes Is Cryptoqueen Ruja Ignatova Alive and Hiding in South Africa? (Report)
Wayne Jones writes Casa CEO Exposes Shocking Phishing Scam Targeting Wealthy Crypto Users
Blockstream, the blockchain-focused company spearheaded by Adam Back, will develop and manage zero-emission Bitcoin mining facilities with the first to be built in North America. The firm’s initiative will come to life through a partnership with an Australian multinational independent investment bank – Macquarie Group.
- The Canada-based blockchain company continues with its effort to minimize the environmental damage caused by Bitcoin mining.
- The latest initiative comes through a partnership with Macquarie – an Australian financial services giant with over $400 billion in AUM.
- Both parties will work on zero-emission Bitcoin mining facilities with the first to see the light of day in North America. The statement didn’t provide a precise timeframe when it will be operational but said the initiative has “the potential to scale in stages as green power infrastructure is deployed.”
- This is the second announcement from Blockstream in regards to developing green mining facilities for Bitcoin in the past few months.
- Back in June this year, CryptoPotato reported when the company partnered with Jack Dorsey’s financial service giant Square to launch a solar-powered BTC mining facility in the US.
- Additionally, the company recently raised $210 million to use the funds for manufacturing mining chips. Thus, its total valuation exceeded $3 billion.