2022-3-10 15:00 |
When a propane gas heater stopped working, Bitcoin mining came to the rescue of a cold caravan in Colorado.
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Bitcoin can help address one of the most important environmental problems facing us today.
2022-8-11 05:00 | |
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Bitcoin (BTC) classifies as digital gold, and Ethereum (ETH) has gained the tag digital oil for its extensive uses and gas fees. The Ethereum platform ranks as the second most used platform after Bitcoin and it shows no signs of slowing down.
2019-10-4 18:29 | |
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Japanese crypto exchange Coincheck, in partnership with E-net Systems, has launched a program to reward gas users in the Tokyo area with Bitcoin. Consumers will be able to receive bitcoin based on gas consumption or directly pay their bills with the popular cryptocurrency.
2019-10-4 14:58 | |
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Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central de Venezuela’s (BCV) vaults to pay for oil and gas operations.
2019-9-28 20:45 | |
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Bitcoin and ethereum may become reserve currencies in Venezuela according to four unnamed people with direct knowledge of the matter. That’s because the state owned oil and gas company, Petroleos.
2019-9-28 17:04 | |
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The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank.
2019-9-26 18:52 | |
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GuildOne Inc. , a Calgary-based distributed ledger technology (DLT) firm has been contracted by the Offshore Operators Committee (OOC) Oil and Gas Blockchain Consortium which is made up of top companies in the industry, including Chevron and ExxonMobil, to develop a blockchain-based proof-of-concept (PoC) for authorization for expenditure (AFE) balloting in the global oil and gasRead MoreRead More.
2019-9-21 09:00 | |
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Ethereum tackles congestion with a gas limit increase
2019-9-19 15:14 | |
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Tether transactions are currently clogging up the Ethereum Network reigniting the debate over gas limits. The issue might become further exacerbated with Tether’s latest stablecoin launch — a Chinese yuan-pegged ERC-20 token which will run on Ethereum’s blockchain.
2019-9-13 01:00 | |
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Mike McGlone believes Bitcoin’s current volatility is unsustainable and as it tapers off BTC price will enter an extended period of consolidation. Bitcoin Price will Drop as Volatility Dries Up Earlier this week Bloomberg Intelligence senior commodity strategist Mike McGlone cast doubt on the widely held belief that Bitcoin is destined to the moon to a new all-time high before the 2020 halving event.
2019-8-8 21:35 | |
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In a press release on August 7, 2019, U. K. -based Standard Chartered Bank, revealed it had successfully executed a pilot of the first cross-border Letter of Credit (LC) on blockchain for companies in the oil industry, including PTT Group, a Thailand state-run oil and gas company, PTT International Trading Pte Ltd, and IRPC Public Company LimitedRead MoreRead More.
2019-8-8 13:00 | |
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In a recent post shared by Bitcoin. com, arguments have been made in relation to how crypto mining activities can help oil companies reduce both their costs and excess oil, where the latter typically goes to waste.
2019-7-20 23:40 | |
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Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere.
2019-7-19 16:00 | |
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Gas companies in Canada are utilizing trapped natural gas otherwise flared to the atmosphere for bitcoin mining, creating a useful application for illiquid energy. Why Flare When You Can Mine Bitcoin Canadian gas companies in Alberta are developing means of utilizing natural gas to power bitcoin mining farms.
2019-7-13 19:03 | |
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Another week in the cryptocurrency market is coming to its close and predictions with regards to Bitcoin’s price continues to draw out new situations for the king coin. Over the last seven days, BTC did not exhibit any significant price movement as the valuation consolidated between the range of $10,700 and $12,000.
2019-7-6 19:30 | |
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By CCN: The Fear of Missing Out (FOMO) that recently drove bitcoin’s price above $9,000 has run out of gas, according to a new report published by crypto analytics firm SFOX. While the BTC price was on a steady incline since the beginning of April when bitcoin traded for $4,100, the coin has hit a ‘tipping point’ in overall sentiment.
2019-6-7 10:07 | |
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This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin.
2019-5-29 18:53 | |
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Ethereum is one of the more interesting blockchain and cryptocurrencies ecosystems next to Bitcoin. Even so, there are genuine concerns over its capabilities to scale or reduce overall transaction costs.
2019-5-27 12:00 | |
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Ethereum has been having quite a year for itself — with the premier altcoin currently resting around the $235 region after having hit a relative low of $86 just 6 months back. Statistical data shows that ETHs native GAS consumption has been on the rise this year, thereby signifying an increase in the development of […]
2019-5-23 16:45 | |
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The recent market surge witnessed a major growth as virtual assets collectively improved the overall market capitalization of crypto assets, which was around $248 billion at press time. Bitcoin [BTC], the most popular asset, breached the $8000 mark almost after a year, and was consolidating above $7500, at press time.
2019-5-23 22:30 | |
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The American blockchain startup Data Gumbo Corp. secured $6 million in its Series A funding. It was co-led by the venture arm of the largest petroleum and natural gas company Suadi Aramco, reported World Oil on May 8, 2019.
2019-5-10 23:00 | |
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Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business.
2019-5-10 20:04 | |
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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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The scalability woes facing major public blockchain networks are well-documented. Following the sudden burst in popularity of cryptocurrencies at the end of 2017, networks like Bitcoin and Ethereum became highly congested.
2019-4-30 15:30 | |
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Bitcoin Press Release: Fin Foundation, a newly created company with South Korean roots, are aiming to take over the Russian and CIS gasoline market, by implement the FIN token as a method of payment at gas stations.
2019-4-28 20:35 | |
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Bitcoin Press Release: Fin Foundation, a newly created company with South Korean roots, are aiming to take over the Russian and CIS gasoline market, by implement the FIN token as a method of payment at gas stations.
2019-4-25 17:55 | |
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Flaring, a common practice of burning off natural gas that can’t be efficiently captured and stored has reportedly reached record levels in the state of Texas. Let’s look at why Bitcoin mining would be the perfect solution to capture this energy ‘waste’ and transform it into sound money.
2019-4-24 22:00 | |
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By CCN: The litecoin price has been one of the cryptocurrency market’s top performers in 2019, climbing a ridiculous 162 percent since the new year. Among large-cap cryptoassets, only binance coin has performed better, and litecoin’s year-to-date rally leaves the bitcoin price’s 40 percent advance in the dust.
2019-4-17 18:42 | |
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Many Chinese bitcoin miners migrated to Iran in 2018 for its cheap electricity amid China’s crackdown on crypto mining. However, they’re finding the harsh environment in the authoritarian regime unwelcoming.
2019-4-11 14:55 | |
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This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.
2019-4-11 23:38 | |
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Gazprom, a leading oil and gas company run by the Russian government, has announced the completion of a blockchain pilot that would enable the firm to use the nascent technology for recording gas contract details, reports local news source, Vestifinance on April 4, 2019.
2019-4-6 15:00 | |
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Following Bitcoin’s BTC success against the US Dollar finally reaching the level of $4,150, altcoins are pressing even more on the gas pedal to battle the dominance of the crypto-pioneer. One of the leading coins,.
2019-4-2 01:14 | |
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Algeria, one of the most important producers of oil and gas in North Africa, is currently living a difficult political and economic situation. This social unrest could be a good moment to lift the ban on Bitcoin (BTC).
2019-3-31 17:38 | |
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Bitcoin mining is an industry that seeks out cheap energy sources that would often go to waste. And in some parts of North America, natural gas is becoming pretty much exactly that. The Oil Industry Produces More Gas Than It Can Handle Natural gas prices in North America have tanked.
2019-3-31 12:00 | |
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Algeria, one of North Africa’s largest producers of oil and gas, is currently going through serious political and economic turmoil. Amid the current unrest, it’s perhaps high-time for the country to reconsider its position on Bitcoin as it has proven itself as a viable alternative during times of upheaval.
2019-3-30 19:00 | |
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Canadian oil companies seem to be mining Bitcoin (BTC) with the excess of gas they have. Mining activities have been expanding in many countries around the world and specifically in those with low temperatures and low electricity prices.
2019-3-30 17:46 | |
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“Bitcoin and Friends” searches for Satoshi, sliding into a crypto shill’s DMs, and let’s not have blockchain tech be the next Beanie Babies, okay?
2019-3-30 01:42 | |
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Written by Gregory S Mathew Blockchain, the underlying technology behind the sensational Bitcoin, could profoundly impact the Oil and Gas industry by cutting down on operational time and costs while also introducing more transparency to the industry.
2019-3-26 17:45 | |
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The dangers of McCrypto, the beginning of FashTech with bitcoin tie guy, and family friendly board game night with Crypto Marble.
2019-3-23 00:27 | |
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It isn’t a secret that when crypto investors mention a “digital store of value,” they are decidedly referring to Bitcoin (BTC). But, as emission (supply output) rate of Ethereum (Ether/ETH) has dwindled over its nearly four years in existence, commentators have begun to evaluate the cryptocurrency’s status.
2019-3-21 16:00 | |
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As short-term cryptocurrency traders gear up for bitcoin’s charge past $4,000 (as of press time), other long-term cryptocurrency investors are interested in the fact that more high-profile corporations are interested in blockchain than ever.
2019-3-17 15:00 | |
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Vitalik Buterin has started a discussion about gas fees in the Ethereum ecosystem with a March 8, 2019 tweet that suggested charging such fees to support developers. More Fees? It has only been a few weeks since Ethereum initiated their Constantinople hard fork along with their Foundation grants and while this has, in itself, ledRead MoreRead More.
2019-3-12 00:00 | |
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By all standards, Ethereum is an improvement of Bitcoin. It remains an open source ledger infused with decentralized controls supporting general computing as well as digital economic activities. underpinning Ethereum capabilities is the ability to.
2019-3-7 12:04 | |
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Demanding a bitcoin ransom from YouTubers, breaking down a PUBG-enabled crypto heist, and more crypto-themed game shows, please.
2019-2-17 20:48 | |
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Trash cans on the blockchain, “Broad City” searches for some lost bitcoin, and Formula One racing gets a new crypto sponsor.
2019-2-9 03:53 | |
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Dinner with the Bitcoin Carnivory Club, the Fyre Festival’s yoga instructor could be your crypto advisor, and why decentralized tidying up will never work.
2019-2-2 01:43 | |
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On January 16, London-based blockchain oil trading platform VAKT announced that oil and gas giants Chevron, Total and Reliance have joined its new blockchain-powered commodity trade platform. VAKT Puts Oil onto the Blockchain VAKT’s mission is “to digitize the global commodities trading industry, creating a secure, trusted ecosystem, powered by blockchain,” according to its website.
2019-1-17 04:00 | |
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“The point is to get people to think about bitcoin, not spend it. I don’t think it’s good for that. It’s not meant to be used like cash,” Jeremy Gardner, founder of Ausum Ventures, advised me.
2019-1-15 17:50 | |
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Bitrue, cryptocurrency exchange, announced recently that would be adding five new XRP trading pairs to its offerings. XRP, the third largest cryptocurrency in the world according to CoinMarketCap will now be paired with Tron (TRX), Stellar Lumens (XLM), OmiseGo (OMG), Neo (NEO), and Gas (GAS), on Bitrue.
2019-1-6 15:29 | |
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| Analogue Notcoin - TapSwap |
Given some of those who owed money for 10 years were among BTC’s earliest adopters, fears of a mass-selling event may have been exaggerated. There’s a black cloud looming over the crypto markets — the ghost of a crypto exchange…
Several the Mt. Gox platform creditors immediately reported an update to their claims account
Creditors of Mt. Gox, a Bitcoin exchange that ceased operations after losing 850,000 BTC in a 2014 hack, have reportedly received an email indicating forthcoming repayments.
According to the study, a blockchain’s “fullness” is directly related to its security.
The trustee responsible for handling the bankruptcy of Mt. Gox, Nobuaki Kobayashi, has recently announced a significant extension of the repayment deadline for creditors of the now-defunct cryptocurrency exchange.
The trustee of the hacked crypto exchange Mt. Gox has extended the repayment deadline by a year to Oct. 31, 2024. A Sept. 21 letter published by the Rehabilitation Trustee stated that the extension was necessary to complete all the repayment processes before the previous deadline of Oct.
Bitcoin developers responded to a lawsuit initiated by self-proclaimed Bitcoin creator Craig Wright, often mocked with the nickname “faketoshi.” On Aug. 21, Bitcoin Legal Defense Fund (BLDF) filed a preliminary issue application with the UK High Court against Wright’s firm…