The United States has imposed another layer of sanctions on Moscow, this time targeting state-owned enterprises, including one of the world’s largest mining companies and Russia’s top shipbuilding firm. The Treasury and State Departments unveiled the new penalties on Thursday, saying they would hit Russia’s Alrosa mining company and the …
Read More »Jack Dorsey reveals bitcoin mining plan
Block founder and CEO Jack Dorsey said on Thursday that his fintech firm is building an open bitcoin mining system, as it looks to expand beyond its payment business and into new technologies like blockchain. “We’re officially building an open bitcoin mining system,” he tweeted. In a tweet thread, Block’s …
Read More »Country turns to nuclear as crypto mining causes electricity shortage
Authorities in Kazakhstan are considering building a nuclear power plant following the rapid growth of cryptocurrency mining, which has seen the Central Asian country suffer from serious electricity shortages. Speaking on Tuesday, Minister of Energy Magzum Myrzagaliev revealed that the government is currently considering two locations for a thermal power …
Read More »El Salvador is set to use wide range of renewable energy for crypto-currency mining, country’s Hydroelectric Commission says
“The possibilities are endless here, it’s just about willpower and that we have the means and the ability to start these projects,” Daniel Alvarez, president of the state-run Lempa River Hydroelectric Executive Commission (CEL) revealed on Friday, stating that El Salvador has resources to generate electricity for the mining process …
Read More »RT’s Boom Bust asks if mining the ‘quadrillion-dollar’ golden asteroid will make everyone on Earth a billionaire
The so-called ‘quadrillion-dollar’ asteroid reportedly has so much gold and other precious metals, that mining it could make everyone on Earth a billionaire. However, it could also make precious metals worthless, leading to a possible collapse of the global economy. For more stories on economy & finance visit RT’s business …
Read More »Bitcoin sees another daily crash of 10% as China vows to clamp down on mining & trading
Bitcoin was trading at $36,818 at 07:44 GMT, marking a day-on-day drop of nearly eight percent. The fall comes after a week of extreme volatility, with the price of the most-valued virtual currency making wild swings above and below the $40,000 mark. The latest drop is attributed to an announcement …
Read More »Looking into Palantir: Activists want NHS to come clean about secretive deal with data-mining company
When the British government unveiled its ‘Covid-19 data store’ last March, controversial “spy tech” firm Palantir was given control of the data collected from the public, which included sensitive data such as patients’ ages, addresses, health conditions, treatments, and whether they smoke or drink, among other private information. Awarded the …
Read More »The yield of Arctic mining small
The profitability of the projects of oil and gas in the Russian Arctic under present prices for hydrocarbons are not as high as necessary. This was stated by Russian energy Minister Alexander Novak during the Russian Youth day energy week. “The margins on projects in the Arctic to date is …
Read More »Unknown reported about mining of the Lenin Mausoleum and the Ostankino TV tower
In Moscow the unknown reported about a bomb threat of Lenin’s Mausoleum, the Ostankino TV tower and other objects, according to TASS citing a source in law enforcement bodies. Emergency services checked the information. At the red square information was not confirmed. All other objects are checked by police and …
Read More »In Kharkov anonymous reported about “mining” of the airport
On the scene left the law enforcement officers. Law enforcement authorities received anonymous reports about the alleged mining of the 25 objects in Kharkiv. It is noted that the incident occurred on Thursday, may 23. So, anonymous said about mining 23 SEC, as well as the airport and train station. …
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