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Twitter owner's firm launches solar-powered bitcoin mining facility in U.S.

Updated:
June 07, 2021 12:32 IST
Square will invest $5 million in the facility that will “demonstrate how bitcoin mining in conjunction with renewable energy can help drive clean energy transition”.
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Bitcoin mining has been criticised by several experts worldwide for its high energy-consumption property.
| Photo Credit: AFP
Square will invest $5 million in the facility that will “demonstrate how bitcoin mining in conjunction with renewable energy can help drive clean energy transition”.
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Twitter owner Jack Dorsey’s payments venture Square announced on Saturday it will partner with blockchain technology firm Blockstream Mining to build an open-source, solar-powered bitcoin mining facility in the U.S., aiming to drive adoption and efficiency of renewables within the bitcoin ecosystem. ....

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Fattmerchant vs Square - Business Finance

Fattmerchant vs Square - Business Finance
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6 Top Payment Solutions to Help Grow Your Small Business

VizyPay
How your small business handles payments was once a basic decision: cash, checks, credit cards via a merchant account, and you were done. But while the digital age has given customers a lot more flexibility in how they can pay, it s made the process significantly more complicated for merchants, especially small shops or online retailers.
Most merchants already know about traditional credit card processing services that now also power a long list of online payment and e-commerce solutions. But over the last few years, that list has gotten even longer because of the rapidly multiplying number of mobile payment methods that can use proprietary processing devices, smart cards, and touch-less terminals. ....

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