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Nalezeno "oil": 464

Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well

17.11.2019
A nascent industry utilizing flared gas to power bitcoin mining units has been developing over the past year or so, in symbiosis with the oil and gas industry in North America. Companies providing services in this promising niche continue to install mobile datacenters at oil wells in the U.S....

Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners

15.11.2019
Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a...

Central Bank Blockchains and Corporate Ledgers Are Still Vaporware

4.11.2019
There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some...

Here’s How Belarus Pressures Russia to Legalize Cryptocurrencies

7.10.2019
Relations between Belarus and Russia have always been quite complicated. The union the two close allies created has faced all kinds of challenges over its 20 plus years of existence. Now cryptocurrency is becoming a new apple of discord, as Minsk has taken a relatively friendly approach...

Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...

Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin

27.9.2019
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...

Oil Rises and Shares Drop in Asia Owing to Geopolitical Tensions

23.9.2019
For most of the year so far, the capital markets in different parts of the world have been disrupted by uncertainty due to geopolitical tensions. The biggest geopolitical issue that has spooked the markets for the entire year so far has been the trade war between the United States and China. When...

Iran Is Being Targeted for Economic Independence, Not Terrorism

22.9.2019
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...

Oil and Gas Sector Opens Up for Blockchain Technology

11.9.2019
A newly formed consortium of oil and natural gas majors is gearing up to deploy the breakthrough technology of Blockchain in the United States. OOC Oil and Gas Blockchain Consortium, which is based in Houston is assertive that the Blockchain technology can be helpful to improve the administrative...

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