Daily Archives: 28/04/2022

Texas Fort Worth city will mine bitcoin

Fort Worth, Texas will launch a bitcoin mining pilot project using three Bitmain Antminer S9 ASIC miners. They were donated to the city administration by the Texas Blockchain Council. Fort Worth Mayor Mattie Parker told CNBC that the mining equipment will operate 24/7 in a safe manner. Parker estimates that each ASIC miner consumes the same amount of electricity as a regular vacuum cleaner. The mayor believes that the use of three miners will not…

Fidelity Investments Will Give Retirement Account Holders the Opportunity to Invest in Bitcoin

Fidelity Investments, a large American asset management firm, will allow its clients to invest part of the funds from retirement accounts in bitcoin. According to The Wall Street Journal and The New York Times, these are 401(k) retirement accounts – these are corporate savings retirement accounts. The funds are not taxed and are automatically transferred by the employer to the funds chosen by the employee. Fidelity will provide an opportunity to invest up to 20%…