Hydropower
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šØš§š¹BHUTAN GOES GREEN WITH CRYPTO MINING
š¹Bhutan to mine green cryptocurrencies using 100% hydropower
š¹Sovereign wealth fund started crypto investments in 2019
š¹Crypto gains funded government salaries for 2 years
š¹Nation aims to combat youth brain drain with jobs in blockchain & AI
š¹Exploring selling āgreenā coins to firms with ESG targets
š¹Goal: Expand hydropower from 3.5GW ā 15GW in next decade
š¹āA coin mined in Bhutan offsets one mined with fossil fuels.ā ā CEO, Druk Holding
Source: Reuters
#Bhutan #GreenEnergy #Hydropower $BTC $ETH
š¹Bhutan to mine green cryptocurrencies using 100% hydropower
š¹Sovereign wealth fund started crypto investments in 2019
š¹Crypto gains funded government salaries for 2 years
š¹Nation aims to combat youth brain drain with jobs in blockchain & AI
š¹Exploring selling āgreenā coins to firms with ESG targets
š¹Goal: Expand hydropower from 3.5GW ā 15GW in next decade
š¹āA coin mined in Bhutan offsets one mined with fossil fuels.ā ā CEO, Druk Holding
Source: Reuters
#Bhutan #GreenEnergy #Hydropower $BTC $ETH
šØšŗšøāCLEAN CLOUD ACTā TARGETS DATA & CRYPTO EMISSIONS
š¹Introduced by Senators Whitehouse & Fetterman
š¹Aims to regulate emissions from crypto mining & AI data centers
š¹Deadline: 2035 ā facilities must switch to renewable energy
š¹Non-compliance = fines for continued use of fossil fuels
-Cointelegraph
š¹Introduced by Senators Whitehouse & Fetterman
š¹Aims to regulate emissions from crypto mining & AI data centers
š¹Deadline: 2035 ā facilities must switch to renewable energy
š¹Non-compliance = fines for continued use of fossil fuels
-Cointelegraph
"Bhutan Holds Over $1 Billion in Crypto Assets!"
In a surprising move, the Royal Government of Bhutan has emerged as a significant player in the crypto space. Reports reveal that Bhutan currently holds 11,600 Bitcoin (BTC) and 656 Ethereum (ETH), with a total value exceeding $1 billion.
Bhutan leverages its abundant hydropower energy to mine cryptocurrencies, strengthening its economy while adopting cutting-edge technology.
The state-owned company Druk Holdings mines approximately 55 to 75 Bitcoin weekly using global mining pools like AntPool and Foundry. This strategy showcases Bhutanās innovative use of natural resources to become an integral part of the global crypto economy.
This development is a lesson for countries hesitant to adopt cryptocurrency. Bhutanās model proves that blending natural resources with modern technology can significantly boost economic growth.
Do you think other countries should follow Bhutan's footsteps? Share your thoughts below!
#CryptoNewss #Bhutan #Ethereum #Hydropower #CryptoEconomy
$BTC
$ETH
$DOGE
In a surprising move, the Royal Government of Bhutan has emerged as a significant player in the crypto space. Reports reveal that Bhutan currently holds 11,600 Bitcoin (BTC) and 656 Ethereum (ETH), with a total value exceeding $1 billion.
Bhutan leverages its abundant hydropower energy to mine cryptocurrencies, strengthening its economy while adopting cutting-edge technology.
The state-owned company Druk Holdings mines approximately 55 to 75 Bitcoin weekly using global mining pools like AntPool and Foundry. This strategy showcases Bhutanās innovative use of natural resources to become an integral part of the global crypto economy.
This development is a lesson for countries hesitant to adopt cryptocurrency. Bhutanās model proves that blending natural resources with modern technology can significantly boost economic growth.
Do you think other countries should follow Bhutan's footsteps? Share your thoughts below!
#CryptoNewss #Bhutan #Ethereum #Hydropower #CryptoEconomy
$BTC
$ETH
$DOGE
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