Tesla to start bitcoin mining, Strike integrates Lightning in Shopify and Luna Treasury nears 40.000 BTC

Photo by Quantitatives on Unsplash

Tesla to start bitcoin mining

Blockstream co-founder and CEO Adam Back told CNBC on the sidelines of the Bitcoin 2022 conference in Miami that the mining facility is designed to be a proof of concept for 100% renewable energy bitcoin mining at scale.

“People like to debate about the different factors to do with bitcoin mining. We figured, let’s just prove it. Have an open dashboard so people can play along, maybe it can inform other players to participate.”

Source: CNBC

Strike announces Shopify integration and partners with NCR

Besides that, Strike also partnered with NCR, the world’s largest point-of-sale (POS) supplier, and payments firm Blackhawk.

The announcement underscores the growing adoption of the Lightning Network. Last week, Robinhood unveiled plans to integrate the solution into its technology stack, joining firms like cryptocurrency exchange Kraken, Twitter and Block.

Source: MSN

Luna Foundation’s Treasury nears 40,000 bitcoin

The Luna Foundation Guard now has around 39,897 BTC in its wallet. With the current prices it’s worth over $1.66 billion.

According to data shared by the LFG, BTC now makes up around 64.1% of the stablecoin’s reserve, with around 15.4% being in the USDC stablecoin and 6.4% being in the UST stablecoin. Roughly 14.1% are in Terra’s native token LUNA.

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