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Orbit to use Ethereum blockchain to buy and sell solar power

Orbit to use Ethereum blockchain to buy and sell solar power

Orbit, a new commercialized renewable energy company, announced that it will use the Ethereum blockchain to allow everyday people to get involved in buying and selling solar power. According to reports, special ORBT tokens will be distributed and used to make these purchases and sales. Given the fact that the transactions will take place utilizing …

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Ukraine’s nuclear power plants may start mining cryptocurrencies

Ukraine’s nuclear power plants may start mining cryptocurrencies

Nuclear power plants in Ukraine may start mining bitcoin and other cryptocurrencies if a government proposal goes through. Ukraine’s acting energy minister Olha Buslavets has sent a letter to Energoatom, the country’s state-owned operator nuclear power plants, to consider using excess electricity for mining cryptocurrencies. “To work out, together with Energoatom and the Energoatom Trading …

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New York Power Plant Greenidge Has Sold Up to 30% of Its Bitcoin Mining Hash Rate

New York Power Plant Greenidge Has Sold Up to 30% of Its Bitcoin Mining Hash Rate

Greenidge Generation, an upstate New York power plant that’s using proprietary facilities to mine bitcoin (BTC), has sold up to 30 percent of its computing power to institutional buyers. The firm said in an announcement on Friday that the deal, brokered by BitOoda Digital, proceeded the sale of 106,000 terahashes per second (TH/s) of bitcoin …

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