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Bitcoin

Venezuela Looks to Crypto for Oil Sales As Sanctions Return

April 22, 2024 Mariel Alumit

With Venezuelan oil sanctions set to be reimposed and state-run PDVSA oil company buyers and suppliers under orders to close out transactions in line with sanctions by the end of May, the country is now […]

Bitcoin
Bitcoin

Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M

December 21, 2023 Mariel Alumit

On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, […]

Energy
Bitcoin

Volcano Energy and Luxor Launch El Salvador’s First Renewable Energy Powered Bitcoin Mining Pool

October 10, 2023 Mariel Alumit

Volcano Energy and Luxor Technology Corporation unveiled El Salvador’s first Bitcoin mining pool powered by renewable geothermal energy. The first Salvadorian Bitcoin mining pool is named ‘Lava Pool’. The infrastructure will mine profitably in and […]

Bitcoin
Bitcoin

Why Bitcoin Mining Might Actually Be Great For Sustainability

September 25, 2023 Mariel Alumit

What is bitcoin? Its proponents offer no shortage of answers: peer-to-peer cash. Digital gold. A hedge against inflation. But only in the inner bowels of the bitcoin rabbit hole have mainstream financial institutions begun to […]

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