Volcano Energy Bitcoin Mining Pool Goes Live | ZeroHedge

Authored by Nik Hoffman via BitcoinMagazine.com,

Today, Volcano Energy and Luxor Technology Corporation have officially unveiled Lava Pool, El Salvador's inaugural Bitcoin mining pool powered by abundant renewable geothermal energy.

Volcano Energy, a unique public-private partnership committed to contributing 23% of its net income to the Salvadoran government, will exclusively mine blocks through Lava Pool. 

Luxor's Hashrate Forward Marketplace will equip (more…)

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Harder Than Gold, Faster Than Fiat | ZeroHedge

Authored by Nick Giambruno via InternationalMan.com,

French Emperor Napoleon III would use a unique set of aluminum cutlery only for his most honored dinner guests.

Normal guests had to contend with gold utensils.

In the middle of the 19th century, aluminum was more scarce and desirable than even gold.

As a result, aluminum bullion bars found a place among the national treasures of France, and aluminum jewelry became a symbol of the French aristocracy.

Aluminum, known by its (more…)

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Judge Denies SEC’s Plan For Quick Appeal Against Ripple Ruling | ZeroHedge

District court judge Analisa Torres has rejected the SEC's motion to appeal its loss against Ripple Labs, the company responsible for issuing the XRP token.

The SEC needed Torres' permission to appeal her ruling because it wasn't a final judgment.

The regulator was also seeking to put on hold its suit against Ripple for allegedly offering unregistered securities while the appeal is pending.

As CoinTelegraph's Tom Mitchellhill reports, in the court order, Judge Torres denied the SEC's motion, claiming that the regulator failed to meet its burden to show that there were controlling questions of law or that there were substantial grounds for differences of opinion on the matter.

As a reminder, Bloomberg reports that Torres’ initial ruling was widely hailed as a victory for the crypto industry, which has resisted attempts to categorize digital assets as securities subject to regulation.

In her July 13 decision, Torres drew a distinction between sales of XRP to institutional investors, (more…)

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