Bitcoin Mining Facility Current Affairs, GK & News

El Salvador: First country to formally adopt bitcoin as legal tender

El Salvador has become the first country to formally adopt bitcoin as legal tender.  Proposal to legalise cryptocurrency was put forward by President Nayib Bukele which was later approved by Congress. Highlights Even though there were concern regarding potential impact of legalising cryptocurrency on El Salvador’s program of $1 billion with International Monetary Fund, proposal was passed ..

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Solar-Powered Bitcoin Mining facility launched in U.S.

As per owner of Twitter, Jack Dorsey, his payments venture Square will partner with blockchain technology firm Block-stream Mining in a bid to build an open-source, solar-powered bitcoin mining facility in United Nations. Aim of the move Launch of solar-powered bitcoin mining facility aims to drive adoption and efficiency of renewables within the bitcoin ecosystem. ..

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