African Bitcoin Mining Firm Gridless Raises $2 Million In Funding Round Led By Stillmark, Block Inc.

The mining company focuses on rural communities in East Africa and intends on increasing electricity and energy access for the region.

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Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand.

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The more you know about Bitcoin, the more optimistic you are: Block survey

Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report which showed that more optimistic individuals possessed a greater self-reported knowledge level of the crypto.

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Tesla, Block and Blockstream to build a 100% solar-powered Bitcoin Mining Rig

Jack Dorsey’s Block, Digital asset infrastructure provider Blockstream, and Tesla unite together on a new venture to construct a solar- and battery-powered bitcoin mine in U.S’s second-largest state Texas. Speaking on the ambitious project, Adam Back, Blockstream co-founder, and CEO told that the mining facility is designed to be a 100% renewable energy bitcoin mining at […]

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Square Rebrands as Block INC., Dorsey to Make Bitcoin More Than an Investment

According to Dorsey, the name was changed because having "crypto" in its name led to confusion, as Square is focused solely on Bitcoin.

Continue reading Square Rebrands as Block INC., Dorsey to Make Bitcoin More Than an Investment at DailyCoin.com.

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Crypto Flipsider News – Private Crypto Drama in India, Decentraland’s Record Sale, Cardano’s Block Increase, Musk, CZ and Dogecoin Glitch

Read Wednesday's breaking news in the daily digest

Continue reading Crypto Flipsider News – Private Crypto Drama in India, Decentraland’s Record Sale, Cardano’s Block Increase, Musk, CZ and Dogecoin Glitch at DailyCoin.com.

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Bitcoin Voucher Provider Azteco Secures $6 Million Funding Round Led by Jack Dorsey

On Thursday, California-based bitcoin voucher company Azteco revealed it had garnered $6 million in seed funding through a round spearheaded by Block, Inc.’s CEO and chairperson, Jack Dorsey. Azteco stated that the newly acquired capital would further its objective to “provide billions of people” with a “solution that promotes financial inclusion and long-term stability.” Jack

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