energy
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Bitcoin Difficulty Increases by 7.56%: A New Record is Set
It is reported that on March 24th, the difficulty of Bitcoin increased by 7.56% to 46.84T, setting a new record. On March 23rd (UTC), Bitcoin\’s computing power hit a record high, o
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Texas introduced a bill to encourage and fund the exploitation of Bitcoin in abandoned oil and gas wells
It is reported that Bitcoin Magazine published an article on social media saying that the US state of Texas has introduced a bill to encourage and fund the exploitation of Bitcoin in abandoned oil and gas wells. Interpretation of this information: The introduction of a bill by the US state of Texas to promote and financially support the extraction of Bitcoin from abandoned oil and gas wells can signify a major breakthrough for the cryptocurrency. This precedent could potentially transform Bitcoin mining by providing a new source of energy for…