With this transaction, TAAL gains access to 50 megawatts of clean energy, which the company expects will ultimately allow it to power up to 2 Eh/s of Bitcoin mining in New Brunswick, Canada.
TAAL expects to use a portion of the loan for financing the build out of a world-class industrial scale Bitcoin mining operation at the 60,000 sq/ft facility it has committed to acquire in New Brunswick, Canada.
Comparing models and real-world data from BTC, BCH and BSV, the MNP report "The Search for a More Efficient Bitcoin" found BSV to be the most efficient due to its unbounded transaction processing capacity.
Richard Baker is well-positioned to take over as chief executive, and his time on TAAL's Board appears to have been in preparation for his ascension to the CEO role.
Miners turbo-mining on BSV and BCH has happened in the past, but this is the first time we see such a significant spike without any preceding price increase.
In this episode of CoinGeek Conversations, Dave reflects on the recent CoinGeek Conference in New York City, noting that the BSV community is “strategically thinking about the future, the differentiators, and how it would apply to the rest of the ecosystems.”
There has been some active discussions about the mining infrastructure and ecosystem of BSV hashrate adjustments and how it pertains to projects that wish to deploy on BSV, and what they should expect.
A 58-page bill seeking to create a comprehensive regulatory framework for digital assets takes the center stage in the U.S. Congress this week.
The growing problem of the massive energy footprint of Bitcoin is starting to be the focus in the public eye of both digital currency advocates and critics.
CoinGeek’s resident Bitcoin historian Kurt Wuckert Jr. appeared on Digital Cash Rundown with Joel Valenzuela, returning to discuss Bitcoin, manipulation and the antics of Elon Musk in the crypto space.
What led to the creation of TAAL Distributed Information Technologies Inc., Bitcoin’s lead transaction processor? On Bitstocks Podcast Ep. 49 part 2, we learn the answer to that question.