Green Mining

The Latest News From Bitcoin Magazine

SHARE WITH A PRECOINER     SUBSCRIBE GREEN MINING One Of The Oldest Hydro-Power Stations In The U.S Is Mining Bitcoin By Namcios An old hydro-power station in the U.S. has started mining bitcoin to make three times as much money as selling the energy. This is the incredible story of a Mechanicville hydro-power station, one of the oldest in the United States.  Thanks to Bitcoin, it went from bankrupt and inoperable to generating at full capacity and using part of its produced green energy to mine bitcoin. Besha, CEO of Albany Engineering Corp., which owns the Mechanicville plant, mentioned that this is something they are doing on the side, to experiment, and the results have been outstanding, selling excess energy for three times the money to the Bitcoin network. In other words, what they say is true; Bitcoin incentivizes renewable energy, and without it, the plant would probably not be currently in operation.   Read More → THE DAILY BITS Hey, it's Friday! But guess what? The signal does not stop! So we do not stop: 1. Casa, the bitcoin storage service, detailed how a man was lured into a dating trap in order to acquire his private keys. 2. Bitcoin mining company Gryphon has announced an agreement to purchase 7,200 Antminer S19J Pro for $48 million from Bitmain. 3. Justin The Bitcoin Vegan explores a diverse array of topics pertaining to the freedom of Bitcoin in this Bitcoin Magazine podcast. 4. Local Nashville company encourages their clients to pay in bitcoin due to inflation concerns. 5. Sometimes, the bitcoin market is a wild ride. An excerpt from a recent edition of the Deep Dive. TAKING BACK OUR FATE Dear Iran: A Letter About Bitcoin By Q Ghaemi A country so troubled could benefit mightily from an early adoption of such a powerful technology. A letter from the bottom of the heart from a worried citizen with the desire to see his country thrive in prosperity and advising it to take back its fate through Bitcoin. As a country undergoing international sanctions in both financial services and international trade, Iran could be benefitting from adopting bitcoin and utilizing excess energy for mining. The proposition of the author, is that Iran could obtain economic and financial freedom, while avoiding its current monetary inflation and bringing hope to its citizens by adopting Bitcoin as a legal tender. Read More → SET UP THE RIGS Scaling Lightning: To El Zonte.. And Beyond By Roy Shienfield The path forward for Bitcoin is clear, with a revolution in the ability to transfer value occurring right in front of us. The path to progress is clear. First comes the Internet, followed by Bitcoin, and now.. the Lightning Network. For those who may not be well versed, the Lightning Network is a 2nd-layer solution built on top of the Bitcoin network, allowing users to do peer-to-peer transactions with little to no fees using the native asset, bitcoin. The Lightning Network, and its easy integration to neo-banks like Strike, Bottlepay and Lastbit, allows El Salvador to be able to use bitcoin as a medium of exchange, which began the path towards its adoption as a legal tender. But Roy thinks that the neobank model is not the one likely to scale everywhere, but Lightning Server Providers, or LSPs... Read More → MEME OF THE DAY By RD_btc It is Friday today! Do not let the price get in your way, do not let it affect your mood. Focus on the signal, forget the noise and stack some sats for your future self, family and generations.  This is not financial advice, I am just bullish.  SHARE WITH A PRECOINER     SUBSCRIBE Today's email was brought to you by Bam and Joe. Keep on reading, keep on stacking. PODCAST   JOBS   SHOP Copyright © 2021 BTC Media, All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: BTC Media 438 Houston Street Suite 257 Nashville, TN 37203 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

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