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Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet
5.8.2024
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects...
Bitcoin Miner Cleanspark Acquires Wyoming Mining Site
2.8.2024
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2 exahash per second (EH/s) to its mining capacity through a 30 MW immersion-cooled data center expected...
Latam Insights Encore: El Salvador Shows Bitcoin Can Be a Catalyst to Power Tourism
29.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the positive impact bitcoin adoption had on the growth of the tourism industry in El Salvador and how this can be applied to other...
There's Something Off About That Great New Rings Of Power Trailer
29.7.2024
San Diego Comic-Con weekend has come and gone, and we were treated to tons of news about our most anticipated movies and shows. Among the biggest items was the reveal of an awesome new trailer for the second season of Prime Video’s Lord of the Rings prequel, The Rings of Power.Read more
Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns
29.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns about power fee hikes for bitcoin mining...
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
26.7.2024
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing and taxation, will be a key factor in the expansion...
Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein
25.7.2024
Investors can benefit by valuing miners’ assets as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said
Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center
24.7.2024
Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the Electric Reliability Council of Texas (ERCOT) and an amended connection agreement with American Electric Power (AEP). Iris...
Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains
24.7.2024
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more...
How To Unlock Kyle In The First Descendant
23.7.2024
At its most basic, The First Descendant is a game about grinding out unlocks. You unlock better weapons, more powerful modules, unique playstyles in the form of Descendants, and countless upon countless resources necessary for crafting. The goal is to have your eye on a prize.Read more
Vitalik Buterin Applauds Polymarket’s Predictive Power and Influence
22.7.2024
Ethereum co-founder, Vitalik Buterin, has publicly praised the prediction market Polymarket for their impressive performance. He commended the platform not only for accurately predicting outcomes well in advance but also for actively contributing to collective decision-making through the visibility...
Flintlock: Six Tips To Build Your Power And Slay Your Foes
19.7.2024
Flintlock: The Siege of Dawn isn’t likely to make it to the top of most folks’ list of hardest soulslike titles, but that doesn’t mean it doesn’t offer a challenge—especially if you’re not taking full advantage of everything the game has to offer. Read more
EU Stripe clients now have crypto purchasing power: Report
16.7.2024
Stripe has expanded its cryptocurrency integration in the European market, allowing EU clients to purchase cryptocurrencies using their credit or debit cards
South Korea’s ruling party proposes to delay crypto tax to 2028
15.7.2024
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule
South Korea’s ruling party proposes to delay crypto tax to 2028
15.7.2024
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule
Latam Insights: Bukele Goes Chavez Mode Against High Prices, Paraguay Strengthens Power Theft Penalties For Crypto Mining
14.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele starts combating price gouging practices in El Salvador a la Chavez, Paraguay enacts penalties of up to 10 years of jail time for power...
Paraguayan Senate Passes Law Imposing up to 10 Years of Jail Time on Crypto Miners for Electricity Theft
12.7.2024
The Paraguayan senate has passed a series of reforms that changed penalties for energy and cryptocurrency mining-related energy theft. Now, individuals and companies found to be stealing energy for cryptocurrency mining activities will face jail time for up to 10 years, while energy theft for other...
DePIN Can Power a More Sustainable GenAI Industry
12.7.2024
The AI boom is overloading data centers and straining traditional energy resources. Can decentralization, in the form of DePIN, offer a solution? Mitch Liu, CEO and Co-Founder of Theta Network, makes the case
Harness The Power Of Lightning With This Electrifying Shadow Of The Erdtree Build
12.7.2024
There’s no denying that Elden Ring’s Shadow of the Erdtree expansion is a tough experience. Even after finding all of the DLC’s many Scadutree Fragments to improve your damage and survivability, the bosses in this extra slice of FromSoftware’s popular game can still obliterate you within moments....
Greenidge Expands Bitcoin Mining Operations in Mississippi
11.7.2024
Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went live on July 1, 2024, features 2,400 bitcoin miners and is expected to increase capacity further in the coming months. Greenidge Adds 2,400 Bitcoin Miners to...