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Bitcoin mining could be great for Texas’s grid — according to Bitcoin miners

Bitcoin mining could be great for Texas’s grid — according to Bitcoin miners

Quick Take As Bitcoin’s China-based hash rate plummets due to shutdown orders from regulators, Texas is emerging as an attractive option for Bitcoin miners. Miners argue that mining is just as good for Texas as Texas is for miners since the unique aspects of the industry’s electricity use can strengthen the state’s power grid. It’s …

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People Aren’t Buying the ‘Great American Recovery’ Narrative

People Aren’t Buying the ‘Great American Recovery’ Narrative

Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.  Today on The Breakdown’s Weekly Recap: People aren’t buying “the Great American Recovery” Let’s stop considering the economy as one thing Dave Portnoy doesn’t care about your principles DeFi is the Wild West and …

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The Great Lockdown, Preserving Privacy, Bitmain's Rebates

The Great Lockdown, Preserving Privacy, Bitmain’s Rebates

The coronavirus-led economic crisis, now called the Great Lockdown, shows no signs of letting up. “For the first time since the Great Depression both advanced economies and emerging market and developing economies are in recession,” Gita Gopinath, International Monetary Fund (IMF) chief economist, said. The crypto industry is far from insulated, today major Bitcoin miner …

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