Tesla, Block and Blockstream to mine bitcoin off solar power in Texas

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Tesla, Block and Blockstream to mine bitcoin off solar power in Texas
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Electric-vehicle maker Tesla Inc TSLA.O|, payments firm Block Inc and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday.

and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday.Blockstream and Block,which waspreviously known as Square, had said in June that they were collaborating to build an open-source and solar-powered bitcoin mining facility in the United States.

Environmental concerns related to bitcoin mining had in May last year prompted Tesla to stop accepting bitcoin for car purchases.Register now for FREE unlimited access to Reuters.comOur Standards:Sign up to our tech newsletter to get the latest news and trends in the global technology industry.

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