BTCManager Logo with clear background. Orange and white font.

BITCOIN PRICE: 6,433.00     HIGH: 6,553.61     LOW: 6,381.25

=
BTCManager.com
advertisement
advertisement
#TRENDING STORIES
Next Event

Blockchain Economic Forum • June 16-19, 2018

We are hosting over 40 speaking sessions with more than 170 opinion leaders who will share their knowledge with more…

Click for more details
advertisement

Tag: energy

Power Ledger Blockchain to Bring Lights Back on in Puerto Rico

Category: Altcoins, Blockchain, Business, News, Tech

Power Ledger Blockchain to Bring Lights Back on in Puerto Rico

Hurricane Irma and Maria had caused colossal devastation. The major loss of life and property in Puerto Rico in 2017 were just the tip of the iceberg. Many traditional methods of energy, batteries, solar panels and fossil fuels have been implemented across the island to bring life back to normalcy. Helping along is Power Ledger, the Australian blockchain technology provider…

READ MORE

Chinese Police Seize 600 Bitcoin Mining Equipment and Arrest Unauthorized Miners

Category: Altcoins, Bitcoin, Business, Mining, News, Regulation

Chinese Police Seize 600 Bitcoin Mining Equipment and Arrest Unauthorized Miners

China has since placed a blanket ban on initial coin offerings (ICOs), bitcoin, and the altcoins but the autocratic government is yet to impose an embargo on Bitcoin mining. Now, the local police force has arrested some miners and seized their machines as well as mining equipment, citing power theft. Illegal Mining Activity Per Chinese news outlet Xinhua, the police…

READ MORE

Texas Oil Producers Could Channel Excess Gas into Bitcoin Mining Operations

Category: Altcoins, Bitcoin, Business, Mining, News

Texas Oil Producers Could Channel Excess Gas into Bitcoin Mining Operations

A handful of forward-thinking Wall Street analysts have been inspired to turn gas producers in Texas’s oil-rich Permian Basin a healthy profit by simply converting their ‘useless’ natural gas into bitcoin and other cryptocurrencies. Gas Flaring to Bitcoin Mining Some cryptocurrencies use a proof-of-work (PoW) algorithm, a consensus that requires miners to compete against each other to complete transactions and…

READ MORE

IOT Group and Hunter Energy Partner for an Energy Hungry Blockchain Center

Category: Blockchain, Business, Mining, News, Tech

IOT Group and Hunter Energy Partner for an Energy Hungry Blockchain Center

ASX-listed IOT Group partnered with Hunter Energy through a binding agreement to develop a Blockchain Application Center adjacent to a power station. The Initiative is to explore and gain exposure to the rapidly growing area of the Internet of Things (IoT). Blockchain Application Center Initiative Hunter Energy is currently working to recommission a Redbank power plant near Singleton, Australia with…

READ MORE

Washington Chelan County PUD: We Will No Longer Tolerate Illegal Bitcoin Mining Activities

Category: Bitcoin, Business, Mining, News, Regulation, Tech

Washington Chelan County PUD: We Will No Longer Tolerate Illegal Bitcoin Mining Activities

Where cheap electricity is abundant, there are illegal bitcoin miners. Washington Chelan County, a region bursting with cost-efficient hydroelectric power, is now fed-up of illegal mining operations going on in the area and has declared total war on the “scoundrels” perpetuating the crime. No Room for Illegal Cryptocurrency Mining Back in March 2018, the Washington state Chelan County Public Utility…

READ MORE

advertisement

Chilean Energy Minister Unveils Blockchain-based Pilot for Energy Data

Category: Blockchain, Ethereum, News, Tech

Chilean Energy Minister Unveils Blockchain-based Pilot for Energy Data

Chile has joined the league of nations implementing the technology behind bitcoin to solve diverse administrative issues. A number of countries around the world have already created pilot initiatives that rely on blockchain technology to tackle issues like land registries and energy management. Ensuring Data Fidelity in the Energy Sector The pilot blockchain project will create a decentralized database thus…

READ MORE

European Utilities Look to Blockchain Technology to Stay Ahead of the Competition

Category: Blockchain, Business, News, Tech

European Utilities Look to Blockchain Technology to Stay Ahead of the Competition

European utilities will begin directly trading with one other using blockchain technology to stay ahead of emerging technology and stave off competition from agile startups and digital companies. According to Reuters, energy operators previously tested blockchain technology for wholesale trading. However, Enerchain, the peer-to-peer trading initiative will go live in the second or third quarter of 2018 with a small…

READ MORE

What Ways Might Governments Undermine Bitcoin?

Category: Bitcoin, Blockchain, Business, Finance, News

What Ways Might Governments Undermine Bitcoin?

Erik Townsend, host of the MacroVoices podcast and manager of the hedge fund Fourth Turning Capital Management, LLC, spoke with CEO of Hedgeye Keith McCullough regarding cryptocurrencies and their relationship with governments on the whole. Roadblocks and Skepticism One of the most significant quotes that came from this conversation was “The bitcoin guys invented the technology. The government is going…

READ MORE

Mega Mining Facility to be Established in Montana

Category: Bitcoin, Business, Mining, News, Tech

Mega Mining Facility to be Established in Montana

Crypto Watt LLC plans to establish a mega Bitcoin mining facility in the state of Montana in the United States. The company is reportedly investing over $75 million to develop and operate the mining hub. The plant is going to be built on a 53-acre industrial complex that has been acquired by the company in the cities of Butte and…

READ MORE

Chinese Bitcoin Miners Largely Unaffected by Volatility and Regulation

Category: Bitcoin, Commentary, Mining, News, Regulation

Chinese Bitcoin Miners Largely Unaffected by Volatility and Regulation

China has proven to be one of the most profitable locations for Bitcoin mining, even with the increased cost of electricity and reduced rate of mining. This would mean that if the dominant cryptocurrency were to fall by half its value, miners in China would still turn a profit. Balancing Electricity Costs The price of bitcoin is currently trading near…

READ MORE

Join our Telegram Channel!