Electric-vehicle maker Tesla Inc TSLA.O|, payments firm Block Inc and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday.
and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday.Blockstream and Block,which waspreviously known as Square, had said in June that they were collaborating to build an open-source and solar-powered bitcoin mining facility in the United States.
Environmental concerns related to bitcoin mining had in May last year prompted Tesla to stop accepting bitcoin for car purchases.Register now for FREE unlimited access to Reuters.comOur Standards:Sign up to our tech newsletter to get the latest news and trends in the global technology industry.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla, Block and Blockstream team up to mine bitcoin off solar power plant in TexasBlockstream and Jack Dorsey's Block are breaking ground on a solar- and battery-powered bitcoin mine in Texas using solar and storage technology from Tesla.
Read more »
Blockstream and Block Inc to build solar Bitcoin mining facility powered by Tesla technologyThough theoretically carbon-neutral, not all crypto enthusiasts are optimistic about the practicalities of using solar energy to mine Bitcoin.
Read more »
Tesla, Jack Dorsey's Block and Blockstream to Mine Bitcoin in Texas.Tesla allows jack Dorsey's Block and Blockstream to mine Bitcoin off solarenergy in Texas. adam3us elonmusk saylor
Read more »
Blockstream and Block will launch a bitcoin mining center powered by Tesla batteries and solar techBlockstream and Block have partnered to launch a solar-powered mining facility in texas that will use Tesla megapacks.
Read more »
Blockstream and Block will launch a bitcoin mining center powered by Tesla batteries and solar techBlockstream and Block have partnered to launch a solar-powered mining facility in texas that will use Tesla megapacks.
Read more »
Tesla, Blockstream, and Block Team Up to Mine Bitcoin in TexasBlock and Blockstream will mine bitcoin with the help of technology provided by Tesla in Texas
Read more »