China crackdown potentially a positive for Bitcoin carbon footprint
As the cloud of a crypto crackdown in China looms large, the prospect of Chinese miners moving their rigs to renewable energy sources is one potential silver lining.
Russia’s Internet Ombudsman takes on China’s Bitcoin mining industry
A Russian Government-linked startup named RMC One published a presentation on Tuesday that describes an upcoming Initial Coin Offering (ICO). The organization is looking to raise US$100 million to become a leading cryptocurrency mining hardware manufacturer. Formally referring to themselves as the ‘Russian Mining Company,’ RMC One was founded by Dmitry Marinichev, better known as Russia’s Internet Ombudsman, the technology advisor to Russian President Vladimir Putin.