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Kenya’s Largest Power Provider Plans to Deliver Access to Geothermal Power to Bitcoin Miners

KenGen, Kenya’s largest producer of electricity, has announced plans to attract Bitcoin miners to use its geothermal energy. According to the report, the company will provide its surplus geothermal power…

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White House Drafts Report on Energy Consumption, Crypto Mining in Scope

The Biden administration is reportedly preparing policy recommendations to reduce the energy consumption by cryptocurrency mining rigs and control emissions footprint. According to coverage by Bloomberg, the report on energy consumption…

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Ethereum at $10,000 by End of 2022 Still Possible, Reiterates Arthur Hayes

Arthur Hayes, the co-founder and former CEO of leading crypto derivatives platform BitMEX, said Terra’s failure was a byproduct of the macroeconomic environment as the Feds raised rates and tightened…

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Australia’s First Crypto ETFs Received Lukewarm Receptions Amid Rising Market Volatility

Australia’s First Crypto spot ETFs have witnessed extremely low trading volume since the launch back in the mid of May. On the debut of 21Shares’ spot Bitcoin and Ethereum ETFs,…

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Proposal to Build BAYC’s Otherside on Immutable X Protocol Submitted

Ethereum-based layer 2 NFT scaling platform, Immutable, has submitted a proposal to the ApeCoin DAO to develop the popular Bored Ape Yacht Club (BAYC) metaverse project Otherside on its blockchain…

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