Friday’s jobs report showed surprising strength in the labor market, but there are signs that all may not be well for all workers. Quitting in low-wage sectors such as retail, leisure and hospitality ...
Tag: Power
Romeo Power shares up 20% after announcing it was being acquired by Nikola
Romeo Power Inc. (NYSE: RMO) stock rose 20% after announcing an all-stock purchase agreement with Nikola (NASDAQ: NKLA). The company announced it had executed a definitive purchase agreement whereby i...
Core Scientific mined 10.4% more bitcoin in July despite power cuts
Core Scientific self-mined 1,221 BTC in July — up by 10.4% compared with June, despite having to curtail power due to extreme temperatures in Texas. Curtailment periods totaled 8,157 megawatt-hours in...
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several times in response to demand on the Texas power grid. In a Frida...
Manipulation power of crypto whales
Sometimes, when the BTC price falls or rises, traders called bitcoin whales are thought to pump or dump the crypto market. Bitcoin whales are groups or individuals who hold huge amounts of BTC and are...
National Power Administration Will Propose a Special Cryptocurrency Mining Fee in Paraguay – Regulation Bitcoin News
The National Power Administration of Paraguay has proposed to set a special mining fee for cryptocurrency mining operations in a decree project directed to the national economic team. Due to the immen...
Victorian Police Now Have the Power to Seize Cryptocurrency Wallets
48 mins ago | 2 mins read Editors News Police in Victoria will be able to recover cryptocurrencies from criminals. New rules will give Victorian police greater power to identify cyber scammers. As per...
Bill Ackman blasts Visa, saying it has the power to pressure Pornhub to remove child pornography
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire hedge fund manager Bill Ackman is taking a vocal stance against Visa, saying the credit card giant h...
Nikola Buys Romeo Power for 11% of Battery Maker’s SPAC Valuation
(Bloomberg) — Nikola Corp. will acquire Romeo Power Inc. for a sliver of what the battery maker was worth when it merged with a special purpose acquisition company less than two years ago. Most ...
Nikola to Buy Battery Maker Romeo Power for $144 Million
Listen to article (2 minutes) Electric-truck startup Nikola said it has agreed to buy battery-technology company Romeo Power in an all-stock deal that values Romeo at roughly $144 million. Nikola said...
The Power of Loyalty Points and the Importance of Getting Them Right
Prominent DeFi projects such as Uniswap, Curve, Aave, and MakerDAO declined in ETH terms since at least Q1 2021. Some see this as a fundamental failing of DeFi protocols to capture value and an inabil...
Nikola NKLA to acquire Romeo Power RMO
Nikola Motor Company Two truck Source: Nikola Motor Company Electric heavy truck maker Nikola said Monday that it struck a $144 million deal to acquire battery pack supplier Romeo Power, giving the co...
Pitch And The Power To Choose
Co-founders Mat Devine, Nick Tilman and Greg Spero at the Pitch studio Pitch A new company is launching which groups people with a common desire to incentivize action. This company, Pitch is premised ...
DEIP Partners with Roketo and Sets Up Over 1000 Financial Streams to Power Creator Economy
The cliff functionality introduces a whole new use case for DEIP and its onboarded creators. DEIP, the first web3 domain-specific protocol designed for tokenization and governance of high-value intang...
Gareth Bale’s LAFC Defeat Seattle Sounders, Signal Possible MLS Power Shift
Seattle’s Alex Roldan, left, defends LAFC’s Gareth Bale during Friday night’s MLS match in Los … [+] Angeles. Getty Images The Seattle Sounders opened Friday night’s mammoth cl...
Crypto Miners Get Leverage From Iran Regulation: Access To Renewable Power
9 hours ago | 2 mins read Market News Each country focuses on crypto regulations, some have strengthened the rules but revising and making minor changes is constant. Similarly, the authorities of Iran...
Jack Ma Escapes Beijing’s Crosshairs by Giving Up His Power
(Bloomberg) — Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the en...
Plug Power, Fuel Cell and solar stocks soar after Manchin changes course to back climate spending
Shares of clean energy companies soared Thursday, after Democratic Sen. Joe Manchin pulled an about-face and agreed to an economic bill that includes climate spending. “Details of the bill are n...
New Oil Power Guyana On Pace To Surpass U.S. Offshore By 2035
Morning above Guyana highlighted in red on model of planet Earth in space. 3D illustration. Elements … [+] of this image furnished by NASA. 3D model of planet created and rendered in Cheetah3D s...
Sono Motors’ Sion EV Is Covered In Solar Panels To Soak Up Free Power
The Sion’s matte exterior is nearly covered in solar cells. Sono Motors Since I write about EVs and such, I get this question very often: Why don’t electric cars have solar panels on the roof to...
Chipotle rises on strong outlook & pricing power despite revenue, same-store sales miss
Chipotle (CMG) reported its fiscal second quarter earnings on Tuesday after market close. The restaurant chain’s same-store sales came in on the lower end of its guidance (and below Wall Street&...
Klaytn Protocol KLAP to Launch KLAP Token to Power DeFi Lending
Seoul, South Korea, 26th July, 2022, Chainwire KLAP (Klaytn Lending Application), a DeFi protocol operating on the Klaytn blockchain, is set to launch its native token. The KLAP token will be made ava...
Decentralized Music Streaming Service Audius Shifts Balance of Power, Says Bank of America
Competition is an issue, as leading DSPs have built “economic moats” around their businesses by offering large music offerings through record labels and by leveraging personal data to improve the user...
GameStop ‘Falling Man’ NFT saga shows people’s power at its finest
A recent nonfungible token (NFT) listing on GameStop’s marketplace became the center of controversy in the NFT world. The listing received heavy backlash from the community, which prompted the marketp...
Winning in Computing Power, Why DCRN Gets Special Interest from Miners – crypto.news
According to the official mining pool of Decred-Next(DCRN), as of 20th July, DCRN’s real-time hashrate has already reached 70PH/s, up by a spectacular 288% on a single day, surpassing that of DCR and ...
Bitcoin Miner Marathon Strikes Power Deal; Electric Carmaker Faraday Deflates As Short Squeeze Ends
Marathon Digital uses powerful computers like these to mine for bitcoin in datacenters and supercharged its operations with an agreement this week. Getty The U.S. stock market is heating up with the d...
Heatwave causes largest Bitcoin mining power drop since China ban
As the world battles with soaring air temperatures that have engulfed multiple countries around the globe and are breaking century-long meteorological records in some of them, Bitcoin (BTC) miners are...
Texas Bitcoin Miners Power Back Up after Voluntary Suspension During Grid Strain
Bitcoin mining operations in Texas have resumed amid record temperatures sweeping across parts of the United States and Europe. Following a request from the Electric Reliability Council of Texas (ERCO...
Texas Bitcoin Miners Go Live Again After Power Outage
Bitcoin miners in the Lone Star State are back in action after halting operations over power cuts at the start of the month. Texas power grid operator, the Electric Reliability Council of Texas (ERCOT...