- Home
- Technology
- News
Tesla, Block and Blockstream to mine bitcoin off solar power in Texas
Environmental concerns related to bitcoin mining had in May last year prompted Tesla to stop accepting bitcoin for car purchases


Electric-vehicle maker Tesla Inc TSLA.O>, payments firm Block Inc (SQ.N) and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday.
Tesla is building the solar power infrastructure and providing its Megapack batteries, Back added.
Blockstream and Block, which was previously 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.
Bitcoin is created when high-powered computers compete against other machines to solve complex mathematical puzzles, an energy-intensive process that currently often relies on fossil fuels.
Environmental concerns related to bitcoin mining had in May last year prompted Tesla to stop accepting bitcoin for car purchases.
Tesla and Block did not immediately respond to requests for comment.
SOURCE: REUTERS

Chromebook Plus laptops like Lenovo’s sleek, new 14-incher are getting free Gemini AI features
- 11 hours ago

The Supreme Court’s birthright citizenship decision isn’t as devastating as you think
- 9 hours ago

Sindh reports over 65,000 malaria cases in 2025
- 16 minutes ago
Here are 14 of our favorite deals from Amazon’s early Prime Day sale
- 11 hours ago

The Democratic Party is ripe for a takeover
- 9 hours ago
Swat river tragedy: Death toll rises to 12 as child’s body recovered in Charsadda
- an hour ago

Meta’s AI copyright win comes with a warning about fair use
- 11 hours ago

Battle of Truth to never be erased from India’s memory, fully prepared to defend homeland: Asim Munir
- 21 hours ago

Pakistan tops global emerging markets in default risk reduction
- 20 hours ago

The hilarious implications of the Supreme Court’s new porn decision
- 9 hours ago
Global rankings reveal grim outlook for Pakistan’s universities
- 29 minutes ago

What's ahead in 2025 for Notre Dame, UConn and the Pac-2?
- a day ago