Category: LargeScale
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Bitfarms stock up 15% after anouncing large-scale mining site
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After rejecting Riot’s takeover bid, Bitfarms announced a project to significantly increase its energy capacity and Bitcoin mining capabilities by 2025. Bitfarms has entered into an agreement to build a 120-megawatt power plant and lease a site in Sharon, Pennsylvania. Following this agreement, Bitfarms (Betf) rose more than 15% today.…
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Biden administration throws support behind building large-scale nuclear reactors
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RelaxFoto.de/E+ via Getty Images On Wednesday, the Biden administration announced new measures aimed at accelerating the spread of the Corona virus Developing new American nuclear energy projectsseeking to help mitigate the risks associated with building factories that can cost tens of billions of dollars. Recent commercial range The U.S.-built reactor,…
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Nearly all stablecoin transactions are from bots and large-scale traders, study says
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More than 90% of stablecoin transaction volumes do not come from real users, according to a new metric co-developed by Visa Inc, suggesting that such cryptocurrency tokens may be a long way from becoming a commonly used means of payment. The dashboard from Visa and Allium Labs is designed to…