Monat: Januar 2023

• A 48-megawatt, 300,000-square-foot nuclear Bitcoin mining center has been completed in Susquehanna, Pennsylvania.
• The center is owned and operated by Talen Energy, an independent power producer, and its subsidiary Cumulus Data.
• The center is expected to offer zero-carbon Bitcoin mining with the aim of reducing carbon emissions and providing sustainable electricity to its customers.

A revolutionary new nuclear Bitcoin mining center has just been completed in Susquehanna, Pennsylvania. This center, owned and operated by Talen Energy, an independent power producer, and its subsidiary Cumulus Data, is set to revolutionize the way Bitcoin mining is done. Spanning 300,000 square feet, the center is capable of producing 48 megawatts of energy and is expected to open up to the market this year.

The center is built next to the Susquehanna power plant and is expected to offer zero-carbon Bitcoin mining with the aim of reducing carbon emissions and providing sustainable electricity to its customers. Talen Energy’s CEO, Alex Hernandez, spoke about the data center and its underlying plans to tackle some of the existing limitations in crypto mining. Hernandez said that the center will open up to the market this year, with part of its mission including the reduction of carbon emissions and provision of sustainable electricity for its customer base.

The center is also expected to house Bitcoin mining-related activities and cloud computing activities once operations kick-off. Talen Energy has also been affiliated with the Cryptocurrency mining company TeraWulf, and in 2021, the two companies announced a zero-carbon mining joint enterprise. The enterprise, named Nautilus Cryptomine, was made to develop as much as 300 megawatts of zero-carbon Bitcoin mining capacity.

At this time, the center is still undergoing testing and is expected to open to the public sometime this year. Once the center is fully operational, it is expected to provide a safe and efficient way for miners to extract Bitcoin and other digital currencies. With the help of Talen Energy and its zero-carbon mining methods, the center is also expected to be beneficial to the environment by reducing carbon emissions and providing sustainable electricity to its customers.

While the completion of the Susquehanna data center is good news for the Bitcoin mining industry, it is also an exciting prospect for the environment. With Talen Energy’s zero-carbon mining methods and its efforts to reduce carbon emissions, the center is sure to make a positive contribution to both the industry and the environment.

• Chainwire Venom Foundation and Iceberg Capital have partnered to launch a $1 billion venture fund called Venom Ventures Fund (VVF).
• The blockchain-agnostic fund will invest in innovative protocols and Web3 dApps, focusing on long-term trends such as payments, asset management, DeFi, banking services, and GameFi.
• VVF will leverage Iceberg Capital’s network, expertise, and capabilities to offer incubation programs, access to an extensive industry network, and marketing, exchange listing, technical, legal, and regulatory support.

The Abu Dhabi Global Market (ADGM) has licensed and regulated the first Layer-1 blockchain, Chainwire Venom Foundation, and an ADGM regulated investment manager, Iceberg Capital, have partnered to launch a $1 billion venture fund called Venom Ventures Fund (VVF). The VVF is a blockchain-agnostic fund which will focus on investing in innovative protocols and Web3 dApps, with a focus on long-term trends such as payments, asset management, Decentralized Finance (DeFi), banking services, and GameFi.

The fund’s leadership team consists of some of the world’s most experienced traditional finance and blockchain professionals; including Peter Knez, ex-CIO at BlackRock and Mustafa Kheriba, a seasoned and well-known investment professional with an impressive track record in the MENA region. Mustafa has served on the Board of Directors of several financial services and insurance companies in the Middle-east and Europe.

The primary objective of the Venom Ventures Fund (VVF) is to accelerate the adoption of blockchain, DeFi, and Web3 while generating long-term value for investors. Operated by Iceberg Capital, the fund will be investing in projects and teams from pre-seed to Series A rounds. Furthermore, the fund will leverage Iceberg Capital’s network, expertise, and capabilities to offer incubation programs and access to an extensive industry network.

The VVF also plans to offer a comprehensive suite of services to investee projects, including marketing support, exchange listing support, technical support, legal support, and regulatory support. The Venom Foundation and Iceberg Capital will be working together to make sure that projects receive the guidance and support necessary to succeed and reach their potential.

The Venom Ventures Fund will be a major milestone for the blockchain and Web3 space, as it will provide the necessary resources and support to projects that are advancing blockchain and DeFi technology. It is a highly ambitious venture that will no doubt have a significant impact on the blockchain space and help to bring the world closer to a decentralized future.

• Terraform Labs‘ Terra Classic (LUNC) has gained compatibility with Interchain Station, with more blockchains set to join in the future.
• The market capitalization of Terra Classic (LUNC) stands at approximately $981,178,831 and a 24-hour traded volume of $97,623,378.
• The integration of the Interchain Station is expected to have a long-term impact on LUNC price.

Terraform Labs‘ blockchain network, Terra Classic (LUNC), has made a huge breakthrough by gaining compatibility with Interchain Station. With this move, the Terra Classic (LUNC) network will join a list of other blockchains including Osmosis, Juno, and SEI, among others, in order to steer forward the Web3 industry. According to Terraform Labs‘ lead developer Jared, more blockchains will be joining the Interchain Station in order to enable seamless communication between different blockchains at all times.

The market capitalization of Terra Classic (LUNC) stands at approximately $981,178,831 and a 24-hour traded volume of $97,623,378. While the announcement did not have a positive impact on the LUNC price on Wednesday, the integration of the Interchain Station is expected to have a long-term impact on LUNC price. Additionally, DeFi developers will be able to access oracle data from different chains via the Interchain Station with ease.

The TFL Interchain integration was initially expected to be unveiled on January 12, however, Jared surprised the LUNC community by announcing the launch of the integration on January 10. Furthermore, a support team for the Interchain Station will be put in place in the coming days.

Overall, the addition of the Interchain Station to the Terra Classic (LUNC) network is a major breakthrough for the Web3 industry. This move will enable seamless communication between different blockchains and, in turn, help to further the development of the industry. Additionally, this integration is expected to have a long-term positive impact on the price of LUNC.