Bitcoin Miners Look Toward Nuclear Power For Sustainable Energy 0 14

There have been multiple beneficiaries of the Bitcoin price hike. The recent surge in the price of Bitcoin (BTC) has certainly increased the demand for Bitcoin. As a result, miners are mining Bitcoins at a rapid pace. As the result of this surge in Bitcoin, the energy sector across the globe has emerged as the biggest beneficiary.

Some countries are even skeptical that this recent surge in Bitcoin mining might cause an energy crisis in respective countries. However, on the other hand, Bitcoin miners are also assessing their options about making sure that they have enough energy supply for future mining activities. The latest news has confirmed that Bitcoin miners in various countries are eyeing Nuclear Power in order to fulfill their energy requirements.

As Nuclear energy is totally renewable and enough to fulfill Bitcoin mining requirements so there is no criticism from society as well. The reason that Bitcoin miners are interested in Nuclear Energy is that its environmentally friendly and people would not accuse mining as hazardous activity towards the natural environment.

However, there have been some massive players including top cryptocurrency companies who already said that nuclear energy is the best possible option available for the Bitcoin miners. On top of that, these major players have already given approval to this approach. Nuclear energy is an enormous source of totally clean and renewable energy with no hazardous impacts.

In a recent Bitcoin & Beyond Bitcoin Summit, the CEO of GRIID Energy said that Nuclear energy is the future of the power sector. GRIID is a U.S based energy sector business organization, with a focus on providing green energy at cheaper rates. The firm has announced its support to build vertically-integrated Bitcoin mining facilities. The goal is to use solar and wind power to further foster Bitcoin mining across the globe.

However, there has been another part of the picture. There are some voices that say current plans from GRIDD are just to make sure that the company develops its vertical business line as it eyeing to enter the crypto business.

As of this writing, countries such as Russia and U.S are already using solar energy to support the Bitcoin mining activities in various regions of their territories. However, the inclusion of Solar energy would change the future dynamics of the whole crypto mining market. The only way forward to fulfill the market demand is going for solar.

Last month, the Bitcoin Mining Council (BMC) surveyed around 33% of the current global Bitcoin network. As of this mining, almost 35% of the world’s mining companies are using renewable energy sources for their production. These numbers would be increasing in near future. Bitcoin miners have already given the green signal about that move.

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MELT, GTC, PAL, and more Cryptocurrencies among Highest Gainers in Past 24-hours 0 16

In the list of highest gaining cryptocurrencies, the cryptocurrency on the top is Defrost Finance (MELT). In the past 24-hours, MELT has observed a 192.83% surge in its price, surging it all the way up to $11.97 per MELT. Similar to the price surge in the past 24-hours, MELT’s trading volume in the past 24-hours has increased to $1,177,520. MELT is currently the 3220th largest cryptocurrency in the crypto-verse in terms of its $1,401,512 market valuation.

The next cryptocurrency coming after Defrost Finance is Gitcoin (GTC). In the past 24-hours, GTC has observed a 171.08% surge in its price, surging it all the way up to $25.56 per GTC. Similar to the price surge in the past 24-hours, GTC’s trading volume in the past 24-hours has increased to $1,199,791,917. GTC is currently the 264th largest cryptocurrency in the crypto-verse in terms of its $363,625,405 market valuation.

The next cryptocurrency coming after Gitcoin is PlayAndLike (PAL). In the past 24-hours, PAL has observed a 168.43% surge in its price, surging it all the way up to $0.0000016 per PAL. Similar to the price surge in the past 24-hours, PAL’s trading volume in the past 24-hours has increased to $52,540. PAL is currently the 4780th largest cryptocurrency in the crypto-verse in terms of its $144,015,382,197 market valuation.

The next cryptocurrency coming after PlayAndLike is Elonomics ($ELONOM). In the past 24-hours, $ELONOM has observed a 131.06% surge in its price, surging it all the way up to $0.02629 per $ELONOM. Similar to the price surge in the past 24-hours, $ELONOM’s trading volume in the past 24-hours has increased to $212,424. $ELONOM is currently the 3934th largest cryptocurrency in the crypto-verse in terms of its $26,633 market valuation.

The next cryptocurrency coming after Elonomics is ICE ROCK MINING (ROCK2). In the past 24-hours, ROCK2 has observed an 85.68% surge in its price, surging it all the way up to $0.01744 per ROCK2. Similar to the price surge in the past 24-hours, ROCK2’s trading volume in the past 24-hours has increased to $67,982. ROCK2 is currently the 2229th largest cryptocurrency in the crypto-verse in terms of its $274,300 market valuation.

The next cryptocurrency coming after ICE ROCK MINING is India Coin (INDIA). In the past 24-hours, INDIA has observed a 128.93% surge in its price, surging it all the way up to $0.0000006419 per INDIA. Similar to the price surge in the past 24-hours, INDIA’s trading volume in the past 24-hours has increased to $452,332. INDIA is currently the 3571st largest cryptocurrency in the crypto-verse in terms of its $3,975,380 market valuation.

Even more cryptocurrencies are joining the ranks of top gainers and among these cryptocurrencies are KING, ALLBI, HIKO, and many more.

Crypto.com is Now First-Ever Exchange that is now Adhering to SOC 2 Standards 0 17

As per the latest reports, Crypto.com has made an announcement in regards to acquiring a new certification. Crypto.com, one of the most popular cryptocurrency exchanges has announced that it is now in full compliance with the SOC 2 standards. Crypto.com is based in Singapore and it has a global user base.

The exchange has announced that it has successfully acquired the SOC 2 certification after a successful audit. The exchange has announced that it had Deloitte carry out the audit prior to granting certification.

Deloitte is a global consulting firm that has been around since 2015, is based in the United Kingdom. It is spread all over the world, currently providing its services in over 150 countries.

The SOC is reportedly a traditional finance standard that is known all over the world. With the acquisition of the SOC 2 certification, Crypto.com has become the first-ever cryptocurrency exchange to have acquired this recognition.

The SOC 2 certification is granted to traditional financial institutions that are considered highly trustworthy in the financial sector. Prior to the granting of the certification, the operations, policies, and information practices of the company are audited and attested. If the particular company is able to pass all the audits successfully, it is granted the SOC 2 certification.

After the acquisition of the SOC 2 certification, Crypto.com has now become the securest and most trustworthy trading platform or cryptocurrencies. The exchange has even earned the title of being the only cryptocurrency exchange that is now SOC 2 certified.

With the acquisition of the SOC 2 certification, Crypto.com has set a new standard that every major exchange would want to achieve. This will increase the standards of the regulatory framework within the cryptocurrency industry. Now, the major exchanges will be competing with each other in order to acquire the SOC 2 certification.

It is being expected that with the acquisition of the SOC 2 certification, Crypto.com will be able to attract a tremendous number of users.

With the SOC 2 standard in its grasp, the exchange can confidently claim to be offering the most reliable services to users. The exchange can offer high regulatory compliance, privacy, and security to the users.

The CEO and co-founder of Crypto.com, Kris Marszalek, talked about the recent achievement of their company. He stated that with the acquisition of the SOC 2 certification, they are able to prove to the world how well their exchange has been working.

Their exchange has finally achieved a new goal, which is going to increase the competition within the crypto-verse. With the new certification, they are now able to offer a lot more to the users than any other exchange.

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