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Meta Will Officially Shut Down Its Novi Cryptocurrency Wallet

Texas could raise funds through NFT and harness 'abundant' energy to mine Bitcoin

By Hannah Perez Meta’s digital wallet, which was designed for the cryptocurrency formerly called Libra, will stop working in September 2022. *** Meta permanently closes your Novi wallet. Users must withdraw their money before September 1st. A final point for the Facebook cryptocurrency project. Will Meta move away from cryptocurrencies? the tech giant Goalparent of …

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Bitcoin miners shut down their equipment due to heat wave in Texas

Key facts: Temperatures in the US state of Texas have reached 40 degrees Celsius. Bitcoin miners help stabilize supply and demand on the power grid. High weather temperatures in the US state of Texas generate high peak demand for energy, and Bitcoin miners are helping balance the regional power grid. According to a report From …

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“I’m about to shut down the rigs” due to low profitability, says an Ethereum miner

Joaquin Leal mining rigs

Key facts: Joaquín Leal, an Ethereum miner, recommends buying crypto instead of mining right now. Ethereum mining difficulty is about 14.50 P. The profitability of Ethereum (ETH) mining is also suffering from the impact of the red market that has been reported since the last two weeks. There are miners who are seriously thinking about …

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Texas Crypto Miners Shut Down Operations As Winter Storm Approaches

Texas Crypto Miners Shut Down Operations As Winter Storm Approaches

For DailyBitcoin Editor Texas Governor Greg Abbott had already asked miners in October 2021 to shut down operations for the US winter. *** Several crypto miners in Texas are already shutting down some or all of their operations as the region expects extreme weather due to a storm likely to test the state’s power grid …

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