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Tag Archives: Mine Bitcoin

Bit Deer Opens New Crypto Mining Firm in Bhutan

Bit Deer Technologies Group is opening a new crypto mining facility in the Asian country of Bhutan. Bit Deer Sets Its Sights on Asia Bit Deer is a crypto mining firm based in Singapore. Founded by Chinese billionaire Jihan Wu, the company stated that it has recently finished power testing the facility and it will open its doors for BTC extraction purposes. Linghui Kong – the CEO of Bit Deer – said in a recent statement: Our Gedu data center, nestled in the serene...

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Texas Residents Aren’t Happy About the Influx of New Crypto Miners

Texas has garnered a reputation for being very pro crypto. The state opened its borders to several miners from China about two years ago after their home country announced in the summer of 2021 that crypto mining would no longer be permitted per new rules from Beijing. Texas Citizens Have Mining Concerns With nowhere to turn, many reverted their sights to the Lone Star State, admiring its many open lands and its cheap electricity prices. Not wanting to miss out on...

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Many Bitcoin Mining Facilities Are Trying to Go Green

There are several bitcoin mining facilities out there working hard to reduce the number of emissions they produce. Bitcoin Mining: Could It Become Cleaner? Bitcoin mining has endured a bad rap over the years for several reasons, a big one being that allegedly, it puts Earth’s atmosphere in harm’s way. According to several reports, bitcoin mining uses more energy than most developing countries. There are also several high-ranking individuals out there that have...

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Vilonia, Arkansas Could Soon Be Home to a New Chinese Crypto Mining Facility

A China-owned crypto mining facility could be built in the rural town of Vilonia, Arkansas, and the residents aren’t too happy about that. Will Vilonia Be a New Crypto Mining Hub? What’s odd is that the mining facility is controlled and owned by China, a country that not long ago decided crypto mining should be illegal due to the alleged harm it does to the atmosphere. The country announced that due to new “green” rules implemented by Beijing, all crypto mining...

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Texas Blockchain Council President: I Want My State to Be the Ultimate Blockchain Haven

Lee Bratcher – president of the Texas Blockchain Council – said in a recent interview he wants his state to become the biggest blockchain haven in the United States. He further mentioned that he would like his Texas to become the Silicon Valley of blockchain. The Texas Mining Agenda Keeps Growing The state’s 88th legislative session has been quite productive. Thus far, one crypto law has passed already, while many others are waiting in the wings (passage is...

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Tether Opens Large BTC Mining Firm in Uruguay

Tether – one of the largest and most popular stable currencies around – has announced plans to open a huge bitcoin mining facility in the South American region of Uruguay. The clincher? The company is going to operate the facility only using renewable energy. Tether to Mine Bitcoin in South America This is a big deal in that bitcoin and crypto mining operations have gotten a bad rap over the last several years on account of the high number of reports that have...

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DWP Executive John Chen Suspended After Engaging in Crypto Mining

John Chen, an executive working with the Los Angeles Department of Water and Power (DWP), has been placed on administrative leave after he took part in crypto mining companies that allegedly go against the values and ethics of his agency. John Chen in Hot Water Chen reportedly earns more than $300K a year through his job with the DWP. He has served, for the past few years, as the department’s director, though having been part of a crypto mining company in Colorado...

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The Arguments Against Crypto Mining May Be Based on Untrue Facts

The crypto mining debate has raged for years, but it appears the fight is taking stronger precedence in recent weeks. Is Crypto Mining a Damaging Enterprise? Maybe Not… There have been many reports published, over some time, claiming that crypto mining is putting the planet in harm’s way. They say there are several developing nations that do not use the same amount of energy as crypto mining facilities. In addition, there are several arguments that say the...

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New Crypto Bill in Texas Would Really Hurt Miners

A new bill is making its way to the Texas House of Representatives that might make it hard for crypto mining companies within the state to gain access to the funds and resources they need to stay afloat and function properly. Texas Crypto Bill Is the Wrong Move The bill, for one thing, would ensure that power costs for the largest crypto miner in the state will increase by as much as $30 million each year. Also, miners would only be able to provide a limited...

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Vivek Ramaswamy Is Making Crypto a Big Part of His White House Campaign

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Crypto is likely to be a big topic in next year’s presidential election, and republican candidate Vivek Ramaswamy is proof of this. Vivek Ramaswamy is Making Crypto Part of His Presidential Policy In a recent interview, Ramaswamy commented that he’s not only accepting bitcoin donations to his campaign, but he’s...

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