bitcoin
Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Payments firm Block and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas.

Tesla will install a 3.8-megawatt (MW) solar power plant, and 12-megawatt-hour (MWh) Megapack batteries to power the venture.

Block (formerly called Square) teased the deal last June promising an investment of $5 million in a solar-powered mine.

The project will be completely off-grid and will cost $12 million — a bill that will be split evenly between Blockstream and Block.

It is expected to be complete, and producing power later this year.

Engineers point the way to more affordable, sustainable urban neighborhoods

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