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A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. Kevin Lamarque | Reuters The U.S. government posted a surplus in June as tariffs gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday. With government red ink swelling throughout … Read more
Tether is making moves again, and this time, it is to mine green Bitcoin. In a bold move, they have partnered with South American agribusiness giant Adecoagro to create a BTC ▼-1.13% mining operation. But this time, the operation site will be powered solely on robust renewable energy in Brazil. The goal is to transform … Read more
The Semanggi overpass in Jakarta, Indonesia. Fadil Aziz | The Image Bank | Getty Images U.S. President Donald Trump’s tariffs have pushed countries to look for ways to improve their trade balance with the U.S. and negotiate the extent of duties levied on their imports. Indonesia’s plan now is to “narrow,” or even eliminate its … Read more
Pakistan is developing special electricity tariffs to attract cryptocurrency mining operations as part of a strategy to use the country’s surplus power generation capacity. According to a report by Dawn, the Power Division is consulting with various stakeholders to create attractive electricity rates for these industries without introducing subsidies. The initiative plans to use excess … Read more
Key Takeaways Pakistan is setting up special electricity tariffs to attract crypto mining using its surplus energy without subsidies. The government is developing a regulatory framework to foster a transparent and future-ready financial ecosystem in the blockchain space. Share this article Pakistan is exploring Bitcoin mining as a way to utilize excess electricity and foster … Read more
An estimated 20% to 30% of all inventory in the U.S. is surplus, with much of it ending up in landfills. A startup called Sotira wants to help address this problem: It leverages AI to help companies offload and monetize their surplus inventory. Sotira partners with brands to offload millions of pounds of surplus grocery, … Read more
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