In Iran, cryptocurrency miners will be able to use the surplus electricity generated by Thermal Power Plant Holding Company's plants. The CEO of Arbistar 2.0 issued different statements regarding the payment terms for affected users. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
📍In Iran, the electric company Thermal Power Plant Holding Company (TPPH), announced that it will begin selling electricity through 3 of its power plants operating throughout Iran, so that miners in Bitcoin and other cryptocurrencies, can run their farms on the country's surplus electricity and not affect the national grid. According to the release issued by the company, this is an efficient way to generate a new source of income while taking full advantage of Iran's electrical potential. In the past, the Iranian government has given the go-ahead for industrial-scale power plants that exist in the country to start mining cryptocurrencies such as Bitcoin and issued more than 1.000 licenses that approve this activity within its territory.
📍In Spain, the cryptocurrency arbitration platform, arbistar 2.0, continues to delay its commitment to return the investment funds of users affected by the sudden closure of the Community Bot product. The platform had about 120 thousand affiliated people at the time of the closure, and it is estimated that approximately 32 thousand were directly affected. When Santi Fuentes, CEO of Arbicorp, the company responsible for the development of the arbitration platform, announced the closure, assured that they would return the funds to all customers “so that no one loses anything” and that from the 15th (presumably September) they would begin making payments. However, to date, the company has not begun its recovery plan.
On the contrary, Fuentes issued a video where he contradicts the payment terms that he had initially announced, speaking of payments of up to 18 months; and the same thing happened when he issued statements to Criptonoticias during a eninterviewTo date, Fuentes remains in hiding for security reasons.
📍On the other hand, MicroStrategy CEO Michael Saylor revealed how the investment company acquired over 38 thousand BTC without affecting the price of the cryptocurrency on the markets. Saylor claims that the company carried out off-chain purchase operations for very small amounts, around “0,19 BTC every 3 seconds.”
The CEO also noted that they were prepared to acquire $30-50 million worth of BTC in a few seconds if they were lucky with a 1-2% spike down.
📍In the United States, the United States Space Force (USSF) and the Air Force Research Laboratory signed a contract with the company blockchain Xage Security to develop a system of protection against hackers. The release The company says the solution developed by Xage Security will ensure data is safe and secure even when it is out of contact, and will ensure that data is trusted and protected from source until it is delivered to operational units. The solution will also allow verification of those accessing its systems and ensure that satellites are operational and functioning safely.
📍Blockchain.com reveals that the data on the Bitcoin blockchain has exceeded 300 GB (300.000 MB) in size as of September 19. The blockchain size is due to the amount of data stored since Bitcoin’s inception in 2009, and 300 GB is the amount of data that Bitcoin nodes currently have to download when syncing with the network.
Source: Blockchain.com
Due to the adoption of Bitcoin, the growth of the blockchain in recent years has been much higher than the growth seen during the first years of the network's life. Likewise, the size of the blockchain is subject to continuous changes, since each transaction that takes place on the network will be immutably added to the blockchain.
Continue reading: European Commission develops blockchain network for cross-border public services
