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Category: blockchain

Square Will Invest $5 Million to Build an Open-Source, Solar-Powered Bitcoin Mining Facility

Square Will Invest $5 Million to Build an Open-Source, Solar-Powered Bitcoin Mining Facility

Graphic: Blockstream Square, the digital payments firm led by Twitter CEO Jack Dorsey, is teaming up with blockchain technology provider Blockstream Mining to build an open-source, solar-powered bitcoin mining facility at one of Blockstream’s U.S. sites. Advertisement Square will invest $5 million in the facility, which will be a “proof-of-concept for a 100% renewable energy …

Square Will Invest $5 Million to Build an Open-Source, Solar-Powered Bitcoin Mining FacilityRead More

Creator Shuts Down Popular Crypto Art Carbon Calculator for 'Abuse and Harassment'

Creator Shuts Down Popular Crypto Art Carbon Calculator for ‘Abuse and Harassment’

Photo: Lukas Schulze (Getty Images) Cryptoart.wtf, the popular crypto art carbon calculator that allowed us to see the real impact the NFT buying craze is having on our poor planet, is shutting down. Its creator, Memo Akten, stated that he decided to take the site down after information from it was used “as a tool …

Creator Shuts Down Popular Crypto Art Carbon Calculator for ‘Abuse and Harassment’Read More

Engadget Podcast: WTF are NFTs?

Engadget Podcast: WTF are NFTs?

This week, Cherlynn and Devindra dive into the wild world of NFTs, or non-fungible tokens, with Engadget Senior Editor Dan Cooper. What do they mean for the future of art and commerce? And should you care about them at all? Also, we chat about Microsoft’s finalized Bethesda acquisition, as well as Facebook’s push to dismiss …

Engadget Podcast: WTF are NFTs?Read More

Remastered 'nyan cat' art sells for the equivalent of $605k

Remastered ‘nyan cat’ art sells for the equivalent of $605k

While the first Christie’s auction of digital artwork backed by NFT (non-fungible token) is still a few days away, one of the most notable sales in that world has already taken place. Chris Torres created the rainbow-streaming animation of Nyan Cat based on his own pet and uploaded it to YouTube in 2011, before recreating …

Remastered ‘nyan cat’ art sells for the equivalent of $605kRead More