A high-ranking Russian official says that the nation is considering accepting Bitcoin (BTC) as payment for its fuel exports. According to a new report by the BBC, Zavalny, who is the Chairman of Russia’s Energy Committee, says that nations that are considered “friendly” toward Russia can pay for oil and gas using their own currencies. […]
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Top US-based fuel producer ExxonMobil is reportedly mining Bitcoin (BTC) in an effort to cut down on wasted energy. According to a CNBC report, ExxonMobil has partnered up with Denver-based energy company Crusoe Energy Systems to mine Bitcoin in North Dakota using technology that repurposes surplus natural gas. The pilot program, which began in January […]
The post Oil and Gas Giant ExxonMobil Turns to Bitcoin (BTC) Mining To Reduce Wasted Energy: Report appeared first on The Daily Hodl.
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices and a worsening economy, the government restricted access to the internet and closed down local banks. Fears are rising that the turmoil may […]
