
Daniel Batten|Mar 13, 2025 13:53
Just so you can be on the front foot if you hear the question "are Bitcoin mining companies moving to coal again" the answer is "no."
This headline from @POWERmagazine is misleading by incorrectly by calling the fuel source coal, and inferring that it represents new bitcoin mining activity. Here's some missing context.
1. The input is Gob (coal refuse), not coal. Gob is a known environmental hazard left over from coal mining, classified as as eligible for renewable-energy tax credits in Pennsylvania (same category as hydropower).
2. Bitfarms are purchasing the plants off existing Bitcoin mining company Stronghold, so it is simply the transfer of assets from one Bitcoin mining company to another, not a new operation.
Gob is an environmental hazard that gets into waterways and contaminates soil. It can also catch on fire, which releases methane into the atmosphere (though the exact amounts are hard to quantify).
Here's an article on previous owner Stronghold, which covers the nuances of their operation
https://www.forbes.com/sites/christopherhelman/2021/08/02/green-bitcoin-mining-the-big-profits-in-clean-crypto/
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If you have to say it's worth buying. The old mainstream led by Ethereum has really fallen too hard.
ETH sol doge sui , I think these tokens that are completely weaker than Bitcoin on the candlestick but have also bottomed out can be copied a bit. I believe there will be a rebound,
I never expected that the people closest to Trump would not benefit from favorable news, and instead only DeFi XRP Ada would be in high demand.
But after thinking about it again, Trump is also a constantly declining money losing product, and it's normal for Doge and Trump to be on the same frequency
There's another ENA that I really dare not expose too much. Yesterday, I unlocked 50% and spent the whole day pulling it, which made me feel anxious. I don't know when to start harvesting.
allincrypto 熬鹰资本 11:00:24
World Liberty Financial, linked to Trump, bought 21.5M in ETH, WBTC, and MOVE ahead of the White House Crypto Summit 📈🗓️. The move highlights strategic crypto positioning as policymakers gather to discuss regulations.
- Purchased 10M ETH, 10M WBTC, and 1.5M MOVE on March 6, 2025, using a new multi-signature wallet.
- Timing aligns with the March 7 White House summit, where Trump will push pro-crypto policies and Bitcoin reserve plans.
- MOVE token’s inclusion signals interest in emerging blockchain tech, diversifying beyond established assets like Ethereum and Bitcoin.Bitcoin.com News 13:32:49
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