Energy Crisis In Iran — Is Bitcoin Mining To Blame?

Energy Crisis In Iran — Is Bitcoin Mining To Blame?

Source: Bitcoinist Bitcoin mining, while a largely profitable venture for mining companies and individuals, can cause plenty of problems. The rise of crypto mining can raise rates, weaken grids, and even cause power blackouts in certain countries like Thailand, Venezuela, and Kazakhstan. Iran’s capital and its nearby provinces are also reporting rolling power blackouts in…

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Senator Lummis Holds Talks With Treasury Secretary Bessent On Bitcoin Reserve Strategy | TheSpuzz

Senator Lummis Holds Talks With Treasury Secretary Bessent On Bitcoin Reserve Strategy | TheSpuzz

Source: Bitcoinist In a significant step toward establishing a US strategic Bitcoin reserve, Senator Cynthia Lummis recently met with incoming Treasury Secretary Scott Bessent, according to a recent social media post on X (formerly Twitter) in which Lummis expressed optimism about Bessent’s potential support for digital assets, particularly BTC.  Trump Rings The Bell For Crypto…

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