Blockchain & crypto news from India
Bitcoin mining requires lots of energy. Consequently, ASIC miners yield such immense amounts of heat that they need dedicated cooling systems for heat dissipation. Heat recovery is a low-carbon technology that cuts across various sectors of the economy. Low-temperature heat also known as low-grade heat expelled by miners is needed to heat buildings and homes…
In a recent speech given on March 2, 2022, RBI deputy governor, T Rabi Sankar, elaborated on the concept of cryptocurrencies, their nature, and arguments for and against a ban in India. Excerpts from the speech published on the RBI website. Why were cryptocurrencies created? “Some people felt that intermediation by banks is avoidable. Either…
As per Schwab Asset Management, the asset management division of The Charles Schwab Corporation, the Schwab Cryptocurrency Thematic ETF has officially started trading. Trading is expected to start on or around August 4, 2022.
The mining firm and subsidiary of Digital Currency Group (DCG), Foundry Digital LLC on Thursday, declared the launch of Foundry Logistics in order to upgrade standards in the cryptocurrency mining industry. The recently launched arm of the firm aims to ‘bridge the gap between buyers and hardware manufacturers by offering an all-in-one solution for mining…
From Lamborghinis to Starbucks, consumers are utilizing crypto to pay for many goods, and retailers are taking notice.