Google to Ban Crypto Ads Since June

Director of Google's advertising quality said that Google need "to approach with extreme caution" in the cryptocurrency area
14 March 2018   639

In an effort to protect its users from various kinds of fraudulent schemes promoted under the guise of crypto currency products and services, Google will prohibit any advertising materials on the topic of crypto-currency, including ICO, wallets and trade recommendations on its AdWords platform from June this year.

This was reported by Scott Spencer, director of Google's advertising quality, in a conversation with CNBC.

We don't have a crystal ball to know where the future is going to go with cryptocurrencies, but we've seen enough consumer harm or potential for consumer harm that it's an area that we want to approach with extreme caution.

Scott Spencer

Director of Google's advertising quality

The change will affect the entire line of Google advertising products, advertising of crypto and ICO will no longer be displayed either on the company's own sites, or on third-party sites that cooperate with Google.

Google also reported that it took down more than 3.2 billion ads in 2017 that violated its policies, which is nearly double the 1.7 billion it removed the year before.

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   54

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.