RATE Group | Why Bitcoin Mining Might Be the New Business Model for US Power Plants
81869
post-template-default,single,single-post,postid-81869,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Why Bitcoin Mining Might Be the New Business Model for US Power Plants

05 Mar Why Bitcoin Mining Might Be the New Business Model for US Power Plants

Posted at 21:36h in Bitcoin News by

[ad_1]

South Korea gets legal recognition for crypto, New York power plant mines BTC and the end of the intranet era for enterprise blockchain?

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

It was another good day for global crypto as South Korea votes to formally integrate the industry into the existing financial system, opening the market to new players and potentially improving services for crypto companies. 

Related: Bitcoin News Roundup for March 5, 2020

In New York state, meanwhile, a recently renovated power plant is taking advantage of low-cost energy with 7,000 bitcoin miners. This is part of a larger trend of U.S.-based mining in 2020. 

In a very different part of the industry, a new partnership involving ConsenSys, EY and Microsoft suggests the intranet era of enterprise blockchain might be coming to a close. 

[ad_2]

Source link

Tags:
, , , , ,