No more cheap electricity for Inner Mongolian crypto miners, officials say

The halcyon days of state subsidized electricity are over. Officials from Inner Mongolia are mulling an electrical policy that would prevent cryptocurrency miners from using inexpensive, state-subsidized electricity. Per the Inner Mongolia Electric Power Group Co, the region expects to recover around 6.732 billion yuan ($977 million) in taxes and fees thanks to these new […]

Continue Reading

MasterCard Asia files patent for Tangle-based device billing system

Blockchain could help shared device merchants avoid credit card fees, MasterCard says. MasterCard’s Singapore-based subsidiary filed a patent with the U.S. Patent Office detailing a payment system for using hardware devices that specifically mentions Iota’s (MIOTA) Tangle technology.  The patent claim, published on Aug. 20, proposes a pay-as-you-go system that uses a “transparent data storage […]

Continue Reading
Page 127 of 983
1 122 123 124 125 126 127 128 129 130 131 132 983