DavidV.TV Social ® · @DavidVTV
86 followers · 13717 posts · Server masthead.social
#Compute_North Files for #Bankruptcy as #Crypto_Mining #Data_Center Owes up to $500M
The company filed for #Chapter_11 in the U.S. Bankruptcy Court for the Southern District of #Texas and owed as much as $500 #million to at least 200 #creditors, according to a filing.
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#creditors #million #texas #Chapter_11 #data_center #Crypto_Mining #bankruptcy #Compute_North #INTERNATIONAL_TECH_NEWS
DavidV.TV Social ® · @DavidVTV
86 followers · 13753 posts · Server masthead.social@h3yton3s@helladoge.com
#REPOST from 2016 | As with anything to do with Currencie$ there are Downsides as well as Upside$. On the upside the competition for #crypto_mining is fierce. The whole idea to crypto mining is for the #miners to #confirm that each #block in the #chain is #ACCURATE. #Internal_policing is used to confirm all transaction in each block multiple, multiple times. This #insures #high_integrity of each #transaction -which is also referred to as a #Hard_Promise.
#Hard_Promise #transaction #high_integrity #insures #Internal_policing #accurate #chain #block #confirm #miners #Crypto_Mining #repost
DavidV.TV Social ® · @DavidVTV
86 followers · 13753 posts · Server masthead.social
#BIG_OIL | #Europe MUST #BAN #Bitcoin_Mining to hit the 1.5C #Paris_climate GOAL, say #Swedish regulators.
Swedish authorities are calling on the #European_Union to ban "energy intensive" #crypto_mining.
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#Crypto_Mining #European_Union #swedish #Paris_climate #Bitcoin_Mining #ban #europe #big_oil