Genesis Mining Is Converting Excess Bitcoin Datacenter Heat Into Greenhouse Power in Sweden
One of the largest bitcoin mining operations in the world, Genesis Mining, has been working on an experiment with Systemair, Lulea Technical University, Research Institute of Sweden, and the local Boden municipality. The teams in Sweden are developing a system that converts excess heat from Genesis’s bitcoin mining to power greenhouse operations. Bitcoin mining is […]
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Subzero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right now, unlike cryptocurrencies lately, leads to […]
Opera Ltd (NASDAQ: OPRA), the Norway-headquartered company behind the web browsers used by over 320 million people, now lets users buy cryptocurrency directly within its mobile app. This service is being rolled out in Scandinavia first due to a local partnership. Also Read: The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Invests in Digital […]
Europe’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms. Also […]
It has been a busy week for Singapore as it relates to cryptocurrency. The city-state is set open the first fiat-crypto exchange in Southeast Asia, while the financial regulator has vowed to help crypto companies set up local bank accounts, according to media reports. Also read: Salt to Offer Crypto-Backed Loans in 7 Global Markets, […]
News wires buzzed this week when the National Association of Securities Dealers Automated Quotations (Nasdaq) announced its pending purchase of Swedish crypto-friendly stock exchange technology company Cinnober. Nasdaq made “an USD 190m all cash recommended public offer” to the company, which it terms a major “financial technology provider to brokers, exchanges and clearing houses worldwide.” […]
People often wonder why a cryptocurrency with a limited supply like bitcoin has been gaining traction over the years. Since the 2008 financial crisis, the world’s central banks have printed around $12-30 trillion worth of promissory notes, and more than $10 trillion in negative-yielding global bonds. However instead of the newly printed money helping global […]
Swedish officials with the Swedish Enforcement Authority has settled a debt with bitcoin. This is the first time the enforcement agency in the country accepted bitcoin as payment rendered for debt owed to the State. Also read: Panama City Strip Mall Merchants Embrace Bitcoin Customers New Asset For Use by the Swedish Enforcement Authority An officer working […]
Miami-based mining and high-performance computing company, The Future of Mining, is building a major data center in Sweden. The center will be located in the tech hub of Boden-Älvsbyn, following the establishment of a deal between The Future of Mining and the municipality of Älvsbyn. Also Read: Sweden Sees Record Trading Volume as MP Sundin Joins […]
