A Pundit Predicts That Iraq Will Initiate Bitcoin Mining on a National Scale

Quick Summary:

Amidst a notable diplomatic engagement between the United States and Iraq, recent statements by Iraq’s Deputy Prime Minister Muhammad Ali Tamim have stirred speculation in the Bitcoin community regarding Iraq’s potential entry into BTC mining at a nation-state level.

Will Iraq Start Mining Bitcoin?

Flared gas capturing is a significant point of interest for the Bitcoin community, as this excess gas can be converted to electricity and used to power mining operations.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: HungaryBhutanEl SalvadorEthiopiaIraqOmanUnited Arab EmiratesUnited States

Topics: Btc Bitcoin price Bitcoin News Bitcoin news Iraq Bitcoin Bitcoin Bitcoin mining Btc price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-16 @ 13:00:29 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 20706290

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About Bitcoinist

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Official Website: bitcoinist.com

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News Last Updated: 12 hours ago

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