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Quick Take Bitcoin mining often faces criticism for its energy consumption and environmental impact. However, it also offers significant benefits, particularly in grid stabilization and energy efficiency. One key advantage is the ability of Bitcoin miners to switch on and off instantly, allowing them to respond to fluctuations in energy demand. For instance, Pierre Rochard, […]
The post Bitcoin mining aids in Texas grid stabilization and harnesses wasted renewable energy in Japan appeared first on CryptoSlate.

Tesla CEO Elon Musk’s artificial intelligence (AI) startup xAI will not be licensing out its technology to the carmaker, Musk noted in an X post on Sunday. His post refuted a Wall Street Journal article published on Sept. 7, which claimed that the two companies owned by Musk had chalked out a deal. WSJ’s claims […]
The post Musk denies that Tesla will license xAI’s technology in exchange for revenue-sharing appeared first on CryptoSlate.

Crypto exchange Coinbase secured a partial victory in federal court this week in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In a filing dated Sept. 5,  the US District Court for the Southern District of New York, Judge Katherine Failla partially granted Coinbase’s motion to compel the SEC to hand […]
The post Coinbase scores partial victory in legal battle against the SEC appeared first on CryptoSlate.

The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. Pavel Durov, the CEO of Telegram, was arrested this week after a four-day interrogation related–publicly at least–to the existence of illegal activity on his app, including child pornography. The ensuing media frenzy painted Telegram as an almost esoteric, privacy-centered app, which is […]
The post Telegram might be an unencrypted treasure trove of data and Pavel Durov might just be a geopolitical pawn appeared first on CryptoSlate.