Bitcoin Mining Could Have Prevented Blackouts In Spain And Portugal, Says Expert
As investigators pore over the chain of events that plunged large swathes of Spain, Portugal and parts of southern France into darkness earlier this week, a prominent figure in the Bitcoin mining sector has argued that the catastrophe was “highly unlikely” to have unfolded had the Iberian grid been equipped with large-scale, fast-acting mining operations. […]
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Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the country are facing major power blackouts. Iran has banned cryptocurrency mining effective immediately, President Hassan Rouhani said on Wednesday in a televised speech at a cabinet meeting. He was quoted by the media as saying: The ban on the mining of cryptocurrencies is effective immediately until September 22. Many cities in Iran are facing major power blackouts and the government has blamed power....
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Binance Among Cryptocurrency Platforms Seeking Authorization in Portugal
Portugal’s monetary authority is currently evaluating requests submitted by 12 entities that intend to offer Portuguese clients services for virtual assets, Dinheiro Vivo unveiled. The crypto firms need a license from Banco de....