Latest News and Articles about Hydropower
Bhutan’s Eco-Friendly Bitcoin Mining: A Sustainable Contrast to El Salvador’s Legal Tender Strategy
Bhutan’s Eco-Friendly Bitcoin Mining Strategy: A Sustainable Approach to Cryptocurrency Bhutan, the serene Himalayan kingdom known for its unique measure of national well-being, the Gross National Happiness index, has quietly emerged as the fifth-largest sovereign holder of Bitcoin. With 13,029 BTC valued at approximately $780 million, Bhutan leverages its abundant hydropower resources to mine Bitcoin […]
Read MoreKyrgyzstan’s Crypto Mining Tax Revenue Plummets 50% Due to Rising Energy Costs
Kyrgyzstan, once a magnet for crypto miners due to its cheap power, now faces a decline in mining tax revenue, which has tumbled by 50% to approximately $535,000 in 2024. This sharp downturn stems from soaring electricity costs and a dwindling mining sector, raising concerns about the nation’s energy policies and economic strategies. Kyrgyzstan’s crypto […]
Read MoreBhutan Embraces Bitcoin: A Unique Blend of Happiness, Hydropower, and Cultural Innovation
Bitcoin in Bhutan: Charting Its Own Course of Economic Development Amidst a global frenzy over GDP as the ultimate measure of economic success, Bhutan dares to defy convention by prioritizing Gross National Happiness (GNH). This tranquil kingdom is now intertwining Bitcoin and blockchain technology into its vision for sustainable development, setting itself apart from nations […]
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