On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the...
Tag: Block
Block, Blockstream and Tesla collaborate for green Bitcoin mining facility
Blockstream and Block, formerly known as Square, have announced plans to start mining Bitcoin in Texas using solar-powered technology created by Tesla. According to a press release issued by the firms...
Tesla, Block, and Blockstream to mine BTC using solar power
TL;DR Breakdown Blockstream and Block break ground on a solar-battery Bitcoin mine in Texas powered by Tesla Inc. West Texas creates a haven for alternative energy supply. Tesla Inc., payment firm Blo...
Tesla, Blockstream, and Block Team Up to Mine Bitcoin in Texas
Block, formerly named Square, and Blockstream team up to mine bitcoin off Tesla-supported solar power in Texas, as reported by CNBC. Bitcoin mining is seen as an activity that incentivizes the monetiz...
Blockstream, Block, and Tesla Join Hands to Build Solar-Powered Bitcoin Mining Facility
Blockstream announced today the construction of a new solar-powered Bitcoin mining facility in collaboration with Block (formerly known as Square) and Tesla. According to a CNBC report on Friday, the ...
Blockstream and Block will launch a bitcoin mining center powered by Tesla batteries and solar tech
advertisement Bitcoin company Blockstream and digital payments firm Block (formerly known as Square) will utilize Tesla’s Megapack tech for a new solar and battery-powered mining facility. The $...
Tesla, Block, Blockstream Link Up for Solar Bitcoin Mining
Key Takeaways Block and Blockstream will mine Bitcoin using Tesla’s solar energy products. The firms will fund the construction of a facility at one of Blockstream’s site in Texas. It̵...
Blockstream and Block collaborate on Texas Bitcoin mine
Block, formerly Square, and Blockstream are collaborating on a solar- and battery-powered Bitcoin (BTC/USD) mine in Texas, which uses Tesla storage and solar technology. The facility will be powered b...
Block And Blockstream Begin Construction On Bitcoin Mining Facility Using Solar And Storage Technology From Tesla
A construction worker walks past bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec. AFP via Getty Images Digital payments company Block (formerly Square) and bitcoin infrastructure firm Blockstrea...
EU moves to block the provision of ‘high-value’ crypto services to Russia
The Council of the European Union has agreed on Friday to bar Russians from being able to access “high-value” crypto services as part of the latest round of sanctions imposed on the country due to its...
Block Inc’s Cash App Brings Automated Feature to Invest Paychecks in Bitcoin
With the Cash App “Paid in Bitcoin” feature, users can make systematic Bitcoin investments by allocating a percentage of their salary deposits to BTC. At the Bitcoin 2022 Conference in Maimi on Thursd...
Block Inc. sends some signs of near-term gains but investors should be skeptical. Here is why
Block Inc. (NYSE:SQ) is trading at $128 with a PEG ratio of 6.10. The expected EPS growth is 21.17%, as the company expects to see revenue gains. However, Block Inc. continues to face challenges in th...
Four Nigerian Lenders Penalized for Failing to Block Crypto Transactions – Regulation Bitcoin News
The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to on...
Block Inc’s Hardware Lead Shares Proposed Wallet Prototype
The new hardware wallets from Block come as the first time the company will be making its foray into creating a usable product for the digital currency ecosystem it has backed as a corporate investor....
Cash App Users Can Now Invest Their Paychecks Into Bitcoin
Jack Dorsey, cofounder of Twitter and Block Getty Images Starting today, U.S. customers of Cash App, a mobile payment service run by Block (formerly Square), will be able to automatically invest a por...
Fintech Stocks Look Cheap. Why It Could Be Time to Buy.
Text size Wells Fargo has a strong outlook for the fintech sector. Dreamstime The fintech and digital payments sector has a new fan at Wells Fargo, who says the time to buy them is now. Analyst Jeff C...
CME Group Sees 280% Jump in Block and EFRP FX Clearing
CME Group announced on Tuesday that the trading activities in blocks and exchange for related positions (EFRPs) across its offered foreign exchange (forex) products jumped by more than 280 percent yea...
Lucky Block Token nears 50,000 Holders
Holders of the native token of the Lucky Block crypto gaming project, LBLOCK, now number over 49,000. Reaching 50,000 LBLOCK holders will be a milestone for the relatively new project which launched o...
How to Read a Block Explorer
One neat thing about blockchains is that you can see all of the transactions ever processed on them. This feature, unique to public blockchains, will persist for all of time—or, at least, until someon...
Crypto industry fires back after EU vote to block ‘unhosted’ wallets
The crypto industry has reacted strongly against a European Union Parliament committee voting in favor of a regulatory package for tighter Know Your Customer (KYC) and Anti-Money Laundering (AML) rule...
European Parliament Approves Rules to Block Unhosted Crypto Wallets
The legislation must first go through tripartite meetings between the EU Parliament, European Commission, and European Council to be officially adopted. This process is however not expected to derail ...
Elevating Tough Times For Bitcoin Mining Following Soaring Block Production
Bitcoin Mining difficulty is getting tougher and tougher as network is gaining traction. This is a far cry from what was anticipated from China. Bitcoin miners are successfully establishing themselves...
Bitcoin Mining Difficulty Eyes New ATH As Block Production Ramps Up
Bitcoin mining difficulty has been on the rise as the network has gained more popularity. This is a far cry from what was expected after China, which was known as the mining capital of the world at th...
Block CEO Jack Dorsey briefs Congressional Democrats on bitcoin
Congressional Democrats invited Jack Dorsey, the founder of Block (formerly Square) and Twitter, to talk about bitcoin, The Block has learned. According to two sources familiar with the matter, Dorsey...
Around the Block With Jefferson Nunn
Arvin Khamseh 1:20 Yeah, so I mean, it’s so initially, I think it started as just PFPs were, so it’s just a profile pictures, essentially, there was a specific artwork, a lot of them were actually...
French Football Club Monaco Partners With Capital Block to Join NFT Craze
The French Football Club Association Sportive de Monaco Football Club SA, also known as Monaco, has partnered with the entertainment and sports NFT company, Capital Block, to enter the NFT world. Capi...
Smart Block Chain City (SBCC) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Mar. 28, 2022 – LBank Exchange, a global digital asset trading platform, has listed Smart Block Chain City (SBCC) on March 28, 2022. For all users of LBank Exchange, the SBCC/USD...
Lucky Block App Live on Google Play as Crypto Games Platform Delivers
Crypto games platform Lucky Block saw its Android app go live in the Google Play Store today (Monday 28 March), enabling consumers around the world to download and test its lotto-style game. An earli...
South Korean Crypto Exchange Bithumb Will Block Unregistered Wallets
The exchange, Bithumb, was reportedly pressured from its partner bank to change its mind Bithumb users will not be able to withdraw using wallets such as MetaMask Seoul requires all exchanges to partn...
Block Tackle Raises $5M to Develop Solana NFT Skateboarding Game
In brief Block Tackle is a new Web3 gaming startup that has raised $5 million in seed funding. The studio is working on SkateX, a Solana-based video game with NFT skateboards. Veteran video game devel...
Binance Commits To Ontario Shutdown, Will Block New Accounts
Binance, the world’s largest crypto exchange, said it will stop opening new accounts in Ontario, as part of a commitment to the Ontario Securities Commission (OSC) to cease operations in Canada’s most...
Cardano’s Latest Optimization Upgrade Increases Block Memory Limits
Input Output HK (IOHK) recently announced that Cardano, its modular, parameter-based blockchain, has gone over to upgrade its mainnet at epoch boundary 328. The upgrade introduces a key feature that w...