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This week one of Europe’s largest power companies, Enel, has announced the firm has absolutely “no interest whatsoever in selling power” to cryptocurrency miners. Also read: Dead again? In Reality Bitcoin Is Up 729% Since Last February One of Europe’s Largest Power Companies Allegedly Evaluated Cryptocurrency Mining Operations The Italian multinational renewable-energy corporation located in Rome, … Read more
The bitcoin mining industry in China appears to be expanding to favorable locations around the world right now. Quebec is one such location where the Chinese have taken refuge, and many more might be on the way. Also Read: Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland Cold Power Just a couple of … Read more
For centuries Switzerland was known around the world for its tradition of banking secrecy, but now a new financial industry is taking root in the country. Local leaders tried to establish a cryptocurrency hub, and their latest catch is Chinese bitcoin mining giant Bitmain, which expanded to a new location in the picturesque Swiss canton … Read more
Just recently in an interview with Québec’s local publication, Le Journal, the CEO of the public utility company Hydro-Québec wants to attract cryptocurrency miners to the region to help bolster economic prosperity. Also Read: Chinese Bitcoin Miners Explore Relocating Abroad Amid Fears of Crackdown Hydro-Québec Needs a Solution to Avoid Energy Tariffs Hydro-Québec is a large … Read more
The latest story (again) on mainstream media meant to scare away uninformed people from using bitcoin is about the possibility of China taking over the cryptocurrency. This particular FUD (fear, uncertainty and doubt) meme was also publicized widely in 2015 and 2016. Also Read: The Psychology of the Cryptocurrency FOMO-FUD Cycle Has Been Weaponized Scare … Read more
