DIGITAL ENERGY COUNCIL LAUNCHES CHAMPIONING SYNERGY BETWEEN ENERGY AND BITCOIN & CRYPTO MINING

By Nik Hoffman

A new non-profit organization called the Digital Energy Council has been launched to promote the use of renewable energy for Bitcoin mining. The council is made up of industry leaders from the Bitcoin mining and energy sectors.

The council's goals include:

• Promoting the use of renewable energy for Bitcoin mining
• Reducing the environmental impact of Bitcoin mining
• Advocating for policies that support responsible energy development
• Educating the public about the benefits of Bitcoin mining

The council believes that Bitcoin mining can be a force for good in the energy sector. By using renewable energy, Bitcoin mining can help to reduce carbon emissions and promote the development of clean energy technologies.

BITCOIN MAGAZINE DONATES THIRD ‘HISTORIC COVER’ TO ORDINALS INSTITUTE

By Bitcoin Magazine

Bitcoin Magazine has donated one of its 23 "Historic Covers," unique one-of-one Ordinals representing the magazine's original run, to the Open Ordinals Institute (OOI), a new non-profit dedicated to fostering development of the open-source Ordinals protocol. The OOI is a registered 501(c)3 non-profit organization that plans to accept donations, including those in Ordinals, on behalf of the development team.

The Ordinals protocol is a new technology that aims to make Bitcoin more efficient and scalable. It does this by dividing Bitcoin into smaller units called "ordinals." Ordinals can be used to make Bitcoin transactions more efficient and to reduce the risk of fraud.

The donation of the Historic Cover is a significant gesture of support for the OOI and the Ordinals protocol. It shows that Bitcoin Magazine is committed to the development of this new technology and believes in its potential to improve Bitcoin.

THE SEC NEEDS TO ‘TAKE THE WIN’ AND APPROVE BLACKROCK’S BITCOIN ETF

By Dave Weisberger

What is taking the SEC so long in approving a Bitcoin ETF? Dave Weisberger weighs in on the matter and thinks it's time to get the train moving. The US Securities and Exchange Commission (SEC) has denied all prior applications for a spot Bitcoin exchange-traded fund (ETF). However, some experts believe that the time is now for the SEC to approve a spot Bitcoin ETF.

A spot Bitcoin ETF would track the price of Bitcoin directly, rather than tracking the price of Bitcoin futures contracts. This would make it easier for investors to gain exposure to Bitcoin without having to buy the underlying asset directly. Do you think this will happen in 2024? Do you care? Honey Badger doesn't care.