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Quebec blockchain miners may face electricity cuts from grid operators thumbnail

Quebec blockchain miners may face electricity cuts from grid operators

Home » Tech » Quebec blockchain miners may face electricity cuts from grid operators Quebec’s block reward miners are bracing themselves for energy cuts from the region’s grid operators following a complaint by public utility provider Hydro-Quebec to the distribution regulator Regie de l’energie. The complaint was included in Hydro-Quebec’s Electricity Supply Plan 2023-2032, which predicts a
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AAA gaming companies will look like peanuts as GameFi evolves: Skale CEO thumbnail

AAA gaming companies will look like peanuts as GameFi evolves: Skale CEO

GameFi's constantly evolving model could make “today's AAA game companies look like peanuts,” said Jack O’Holleran, CEO of Skale, a multichain Ethereum-native network that powers Web3 games. In fact, blockchain-based games and metaverse projects are showing resilience amid a winter that has dragged down many players in the crypto industry, with $1.3 billion raised in the
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Bitcoin miner Iris Energy faces $103M default claim from creditors thumbnail

Bitcoin miner Iris Energy faces $103M default claim from creditors

The company is facing a cash flow crisis due to tough market conditions. 2769 Total views 13 Total shares According to a new filing with the United States Securities and Exchange Commission on Nov. 7, Bitcoin (BTC) miner Iris Energy said it has received a default notice from mining rig manufacturer Bitmain Technologies.The notice alleged
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What are crypto whale trackers and how do they work? thumbnail

What are crypto whale trackers and how do they work?

Most cryptocurrencies have a number of large holders of the asset who can influence the price of the crypto asset. For active investors and crypto traders, it helps to understand the market behaviors of these whales. Crypto whales refer to large holders of cryptocurrencies. They can be individuals or organizations who often own more than
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Why banking uses at least 56 times more energy than Bitcoin thumbnail

Why banking uses at least 56 times more energy than Bitcoin

“Bitcoin uses 0.5% of world energy consumption. Banking uses 56 times more energy than Bitcoin,” Michel Khazzaka, a cybersecurity engineer and cryptographer, told Cointelegraph. 8945 Total views 97 Total shares The next time Bitcoin (BTC) comes under fire for energy consumption, remember this statistic: the banking industry uses at least 56 times more energy. That's
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NFT pricing strategy: How to price your NFTs? thumbnail

NFT pricing strategy: How to price your NFTs?

Early in 2021, markets for nonfungible tokens (NFTs) started to gain some notoriety, and by the end of March 2021, this new market for digital assets had a total lifetime traded volume of about $550 million. Any digital asset can be an NFT including collectibles, artwork, video game characters, virtual world objects and digitized sports. A
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