Tesla, Block, Mine Bitcoin Off Solar Power in Texas

Tesla, Block, Blockstream to Mine Bitcoin Off Solar Power in Texas

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Tesla is building the solar power infrastructure and providing its Megapack batteries.

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Electric-vehicle maker Tesla, payments firm Block Inc and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas

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Blockstream and Block have collaborated to build bitcoin mining facility

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Bitcoin mining an energy-intensive process that relies on fossil fuels

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Blockstream and Block, which was previously known as Square, had said in June t

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They were collaborating to build an open-source and solar-powered bitcoin mining facility in the US.

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Bitcoin is created when high-powered computers compete against other machines to solve complex mathematical puzzle

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Environmental concerns related to bitcoin mining had in May last year prompted Tesla to stop accepting bitcoin for car purchases.

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Now, NFTs Can Be Linked To Profile Photos On Twitter

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