Highlights –
- Energy Firm black rock Petroleum Company Released in july it had reached an agreement to operate upto 1 Million Bitcoin Miners in Alberta.
- The Deal was proposed amid Beijing’s Crackdown on Cryptocurrency Trading and Mining operations
- Currently, there is No timeline for the relocation of bitcoin miners, though the contract for using the natural gas Sites is Listed as 2 Years.
- 1 million Miners Represents significant portion of china’s total mining capacity
Relocation of upto 1 million mining machines Represents a multi-billion dollar investment using fossil fuels as a power source – Alex de Vries
In china, these Bitcoin Miners were powered by hydroelectric power for some part of the year and redt fo the year, they were powered by chinese coal.
These Bitcoin miners coming to alberta will run on natural gas all year around which won’t inprove the network in CO2 emissions.
Experts believes that 1 million Miners consists of 33% of total global mining capacity which is a accounts to 3 million in total – de Vries
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- $PEPE Coin Investor Made $16.5 million with only $230, holds 6.9% of total supply.At the moment, dimethyltryptamine.eth the address that made the initial purchase of 0.125 ETH on the first day, is in profit of more than 6 million US dollars, and there is still PEPE in the account with a value of more than 9.7 million US dollars. dimethyltryptamine.eth also owns a sizeable supply of Milady and … Read more
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- Filecoin launches FWS Alternative to Amazon Web Services. Will Filecoin Price Reach New Highs If Adoption Catches onFilecoin is a decentralized storage system, a peer-to-peer storage network where users pay for data storage and distribution services in $FIL. Filecoin is open-source and decentralized, with a blockchain that records commitments made by the network’s participants, and transactions made using FIL, the blockchain’s native currency.On the Filecoin platform, developers have the opportunity to create … Read more
