Energycoin, the Power-Saving Crypto-currency, Ends IPO
Energycoin, the ‘energy-saving’ crypto-currency that focuses on saving energy in digital currency transactions, put on a successful launch this week, distributing free shares to over 800 stakeholders in its IPO that ended Wednesday. 110 million coins have been initially distributed equally (125,000 each) between participating members of BitcoinTalk, the main Bitcoin discussion forum, in what some observers called “a fair distribution. . . with a huge backing.” The crypto-currency is a POS (proof of stake) coin, an alternative to “proof of work” digital currencies like Bitcoin. POS provides....
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Bitmain is proud to announce the sale of AntMiner S3 for 0.75 BTC each to include International shipping. S3 is hashing at 478 GH/s while consumes 366 Watt power from the wall. AntMiner S3 is the third generation Bitcoin mining rig made by Bitmain. It uses the state of the art BM1382 chip powered by the 28nm tech process with ultra-low power consumption, targeting the best combination of power efficiency and low capital expenditure for mining investors. Specifications: Hash Rate: 478 GH/s±5%. Power Consumption: 366 Watt at the wall. Power Efficiency: 0.77 J/GH on wall. Power Supply: 12V....
An Australian company aims to change the way energy trading is done in the country by undertaking trials that will determine how individuals buy, sell or exchange excess solar electricity through its blockchain-based software instead of on the grid. Later this month, Power Ledger will start the trials which will take place over eight weeks and involve ten households, according to a company press release. The aim of the pilot project is to ensure that producers and consumers have the ability to trade their energy directly, whereby they can save money and maximize the use of the solar....
Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer. Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers.Mostafa Rajabi Mashhadi, chairman of the board and managing director of Iran Grid Management Company (Tavanir), announced that Iran is shutting down crypto mining centers again to reduce liquid fuel consumption in power plants amid decreasing temperatures.Mashhadi said that Iranian authorities took this action to....
ViaBTC’s strategic partner SAI.TECH Global Corporation (“SAI.TECH” or “SAI”), a clean-energy-driven Bitcoin mining operator with leading energy-saving solutions to the computing, power, and heating industry, officially listed on Nasdaq on May 2, 2022 (EST). The Class A ordinary shares and warrants of SAI commenced trading on the Nasdaq Stock Market on May 2, 2022, under the new ticker symbols “SAI” and “SAITW,” respectively. The recognition for SAI.TECH among institutional and individual investors will undoubtedly give rise to a new paradigm for crypto mining and....
Three interpretative letters from the Office of the Comptroller of the Currency lay the groundwork for banks to become crypto custodians, payment companies and miners in blockchain networks.