Four North American Bitcoin miners that could benefit from the East-West shift

Four North American Bitcoin miners that could benefit from the East-West shift

Even before China finally wielded the ban hammer on crypto mining, Bitcoin (BTC) miners in North America had been building up their capacity amid efforts to gain a larger share of the global hash rate distribution. From building bigger data centers to acquiring hardware inventories, these establishments have been making concert efforts to balance the hash-power dichotomy between the Eastern and Western hemispheres.North American Bitcoin miners often have to contend with energy usage concerns as

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Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy

Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy

Canada-based cryptocurrency mining company Great North Data has reportedly submitted a bankruptcy filing due to insolvency. Canada-based cryptocurrency mining company Great North Data has submitted a bankruptcy filing, purportedly due to insolvency.As the Canadian Broadcasting Corporation reported on Dec. 4, Great North Data — which operated crypto mining facilities in Labrador City and Happy Valley-Goose Bay —  filed bankruptcy documents in late November, listing CA$13.2 million ($10 million) in liabilities, while having only CA$4.6…

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Canadian University: Blockchain Can Solve EV Charging Trust Problem

Canadian University: Blockchain Can Solve EV Charging Trust Problem

A Canadian university is using trust-minimizing blockchain solutions to improve electric vehicle charging systems. Researchers at the University of Waterloo in Canada have used blockchain technology to improve trust in electric vehicle (EV) charging systems, reported academic publication portal EurekAlert on Aug. 14. This development could increase uptake and expand the overall charging infrastructure for electric vehicles.New ventures have no established trust relationshipsIn general, an EV charging service provider will look for property owners…

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