Bitcoin Mining

North Vancouver May Use Bitcoin Mining to Generate Heat, in 2022

ByTechTrends

The Canadian city of North Vancouver is considering Bitcoin mining as a way to generate and provide heat to its residents. The city’s energy provider Lonsdale Energy Corporation (LEC) is planning to move away from the use of conventional natural gas and “decarbonise” the production of heat. In 2022, the LEC in collaboration with a…

Jack Dorsey

Jack Dorsey Says Square Is Looking to Build a Bitcoin Mining System

ByTechTrends

Square Chief Executive Officer Jack Dorsey said on Friday the fintech firm is looking to build a Bitcoin mining system based on custom silicon and open source for individuals as well as businesses. This would add to Square’s existing Bitcoin-focused projects including a business to build an open developer platform, as well as a hardware wallet for the cryptocurrency. Bitcoin price…