Fat Taiwan Airline Accepts Bitcoin for Plane Tickets

Passengers of FAT Taiwan can now use Bitcoin to pay for more than 20,000 flights
07 March 2018   1418

Taiwanese airline FAT Taiwan Inc. recently announced that it will accept cryptocurrency payments, namely Bitcoin, for tickets and related travel services as it looks to become a pioneer in cryptocurrency adoption within the country’s aviation industry.

Passengers can now use Bitcoin in a convenient and discounted trading experience to pay for more than 20,000 flights.

The airline’s president, Zhang Gangwei, explained that his company has “a bright vision for the future of cryptocurrency” as it proved to be “a significant transaction tool” over the past year.

The widespread use of cryptocurrency in various scenarios will usher in a new future for the airline business, lodging industry, OTA and the entire tourism sector. FAT is about to be the No.1 in the industry to embrace cryptocurrency and blockchain technology.

 

Zhang Gangwei

President, FAT Taiwan Inc.

FAT’s move marks a growing trend among airlines to provide its customers with as many convenient payment options as possible, not to mention the probable PR boost from associating its brand with innovative technology.

Giant Mining Solar Powered Farm to Created in California

Plouton Mining will allocate solar panels on 49 acres and it's planned they should generate about 10-13 megawatts per day, working for an average of 12 hours
26 June 2019   56

Plouton Mining, a subsidiary of Plouton Group Holding, intends to open the largest Bitcoin farm in North America for mining, whose operations will be provided by solar energy. To this end, the firm chose a territory in the western part of the Mojave Desert, California.

Plouton Mining will place solar panels on 49 acres: they should generate about 10-13 megawatts per day, working for an average of 12 hours. The company stressed that Western Mojave receives sunlight for 70% of the year.

The company will also sign the necessary contracts with local electricity suppliers in order to operate the farm in the absence of solar radiation.

Meanwhile, the bitcoin hashrate has again updated the historical maximum at 66.666 EX / s.