Collapsed cryptocurrency firm FTX donated big-time to this year’s midterms–trying to gain influence in Washington. We take a look at where the money went. Violent protests erupt at the world’s largest iPhone factory. We show you footage captured at the scene. New York wants to lead the way in so-called green initiatives by regulating the…
NTD Business (Nov. 23): FTX Poured Millions Into Politics; Protests Erupt at Largest iPhone Factory
Fort Worth, Texas, Becomes First American City to Mine Bitcoin
April 28, 2022
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The city of Fort Worth, Texas, has become the first city government in the United States to mine bitcoin, advancing its goal of becoming a leading center of tech and innovation, city authorities announced on April 26. The bitcoin mining pilot program was launched by the Office of Fort Worth Mayor Mattie Parker and the…
Russia Halting Gas to Poland and Bulgaria; Pending Home Sales Fall for Fifth Month | NTD Business
Russian energy giant Gazprom is cutting off gas supplies to Poland and Bulgaria, doubling down on Russia’s pay-in-rubles policy. Pending home sales fall again in the United States for the fifth month in a row. Why are they dropping? New York is one step closer to banning new bitcoin mines that don’t use renewable energy….
Argo Blockchain’s Texas Bitcoin Mining Farm to Be a $2 Billion Powerhouse
London-based Bitcoin mining giant Argo Blockchain ADR plans to build an 800-megawatt data center in West Texas that would cost the firm from $1.5 to $2 billion. What Happened The cost estimate for the mining facility is based on “the type of mining machines to be installed in the facility, the mix of owned and…
Ether Soars to Record High Amid Use of Ethereum Blockchain Surging and New Update
Ether, the cryptocurrency of the Ethereal network, soared to a record high on Friday, driven in part by a new update and data showing that smart contract blockchain Ethereum burned more tokens than it emitted in the last 24 hours. The second-largest cryptocurrency shot 3.9 percent to $4,339.86, surpassing its previous record of $4,379.62 reached back in May, as per Bloomberg. Ether is…
Bitcoin Miners Forging Partnerships With Struggling Nuclear Power Plants Amid Criticism Over Environmental Impact
September 27, 2021
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Bitcoin miners facing growing scrutiny over the environmental impact of the process have turned to struggling carbon-free nuclear plants in an effort to resolve issues facing the industry, The Wall Street Journal reported. Miners hope the partnerships will create more stable and environmentally-friendly power, while also benefiting nuclear plants that are facing stiff competition from cheaper power sources and…
Chinese ‘Bitcoin Refugees’ Relocating to Texas
Commentary When you think of a refugee, what do you imagine? Someone whose life has been upended by war or a natural disaster. Perhaps you are thinking about the tens of thousands of Afghan refugees arriving in the United States. But what about the Chinese refugees relocating to cities across the land? I’m talking about a new generation…
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