Quebec’s energy manager to seek government approval to stop powering crypto miners
Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms.
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Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms.
According to Charles Hoskinson, projects that have survived both bull and bear markets over the years were “resilient under an adversarial load” — and many DeFi protocols weren't.
An SEC filing stated Safari Group shareholders could vote to give the company the option to extend the Bitdeer deadline up to four times until December 2023.
The mining firm has cited the low price of Bitcoin, electricity costs, an increase in the BTC hash rate, and litigation with Celsius playing a role in its financial difficulties.
The network was halted on Oct. 27 after the team said a bug had caused “non-determinism between individual nodes.”
Many in and out of the crypto space have parodied Matt Damon's appearance promoting the crypto exchange following the market downturn in May.
The company's trademark owner applied for its name to be used in software “to view, access, store, monitor, manage, trade, send, receive, transmit, and exchange” crypto and NFTs.
Major figures in the crypto space argued the Bitcoin creator was the most deserving candidate for the economic award, despite the fact Satoshi's true identity remains unknown.
With a reported net worth of roughly $7.5 billion, the veteran hedge fund manager said he still has a “very minor allocation” of Bitcoin.
The fund cited “ongoing and threatened litigation” in its reasons for being unable to distribute its remaining assets to UST users starting with the smallest HODLers.