A New Country for Bitcoin Mining Officially Opens Its Doors
A new ECOS data center with a capacity of 60 MW has been launched in Armenia. Full state support for the Free Economic Zone provides unique benefits and affordable electricity for mining. In 2018, the Armenian government entrusted ECOS to create and manage a Free Economic Zone to support the development of high technologies and […]
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A new museum dedicated to the history of bitcoin mining opened its doors in Venezuela last weekend. The institution will allow visitors to learn about the history of cryptocurrency mining, going from its roots to the current state of the mining industry. The museum is part of a private initiative started by Criptoavila, a mining-dedicated company. Museum of Bitcoin Mining History Debuts in Venezuela A newly created Museum of Bitcoin Mining History opened its doors to the public in Venezuela last weekend. The new initiative pushed by Criptoavila, a private company whose members have nine....
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The Caribbean nation of Venezuela keeps registering firsts on the book. They have arguably the first-ever CBDC, the infamous Petro, and now this. The first-ever Bitcoin Mining Museum. And even though Bitcoin is barely 12 years old, the idea makes sense. Everything has been moving too fast in that arena, someone needs to register it […]
Blockchain Capital Managing Partner Brock Pierce said in a recent interview that although there are legitimate concerns with the current state of Bitcoin mining, the blockchain-focused venture capitalist indicated China’s stranglehold on the mining process will not last forever. Pierce was interviewed on the most recent episode of This Week in Startups, where he was asked about the issue of bitcoin mining centralization. The source of the question appeared to be Mike Hearn’s farewell Medium post in which the former Bitcoin developer claimed the Bitcoin payment network is “controlled by....