Layer1, an American start-up raises $50 million from billionaire Peter Thiel for Bitcoin mining in Texas

Layer1, an American start-up plans to build a giant hub for Bitcoin mining in Texas. The company has raised $50 million from billionaire Peter Thiel.

A new Intel blockchain patent proposes to make Bitcoin mining more efficient

Bitcoin mining is a computation-intensive operation that also incurs a high electricity cost. A new Intel blockchain patent proposes to use hardware accelerator to reduce this energy cost.

Report: Iceland Plans to Pump the Brakes on Bitcoin Mining

The tiny European country of Iceland has been a haven for Bitcoin mining, for almost a decade now since the whole crypto craze became a thing. The tiny island nation is sadly planning to slow down crypto mining processes in…