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Wild West Crypto Show Highlights Ways for Miners to Cut Energy Costs

The first week in March, the Wild West Crypto Show continued on its mission of informing and educating the crypto community. Although the DJIA, the S&P 500 and Nasdaq have all plunged in recent weeks as investors sell off stocks, fearing a slowdown in economic activity because of the coronavirus spread, Wild West Crypto Show hosts Drew Taylor and Brent Bates seemed unperturbed by the dive.

Nevertheless, concern over the spread of the coronavirus has prompted organizers to cancel the Bitcoin Ben Texas Meetup that had been set for Saturday, April 4, at the Wildass Hey Barn in Kerrville. Many jurisdictions have prohibited large-scale gatherings in an effort to slow infection rates.

Guests on the show included Blaise Pepitone, Manny Alicandro and Jonathan Keim.

Pepitone helps crypto miners save money on electricity costs. He is a consultant at Amerex Energy Services, one of the nation’s largest wholesale brokers of electricity and natural gas. Pepitone knows how to scour unregulated markets, such as those in New York and Texas, to help miners find the cheapest sources of electricity.

Manny Alicandro is a well-known New York City-based attorney and public advocate with extensive knowledge of blockchain and the cryptocurrency market.

Jonathan Keim, communications director for CryptoCurrencyWire (CCW), tuned in for the regular CCW Weekly News Update, which kicked off with the headline ‘Semtech and Helium Announce New Nationwide LoRaWAN Network’. LoRa – short for long range – is a new long-range, low-power, wireless platform that is fast becoming the de facto technology for Internet of Things (IoT) networks worldwide.

Semtech, a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, is collaborating with Helium, the company behind one of the world’s first peer-to-peer wireless networks, to develop one of the largest LoRa-based networks in North America. The Helium network is now fully compatible with the LoRaWAN protocol and is available to the LoRa community of more than 8,000 active software developers (http://nnw.fm/aF2g8).

Second on Keim’s list was the announcement that Celsius Network and Stonegate Global Fund Administration have formed an alliance to enhance support of crypto-investment fund managers (http://nnw.fm/zYJ2Q). Celsius Network is the leading cryptocurrency lending platform with more than $6.22 billion extended to date, while Stonegate Global is one of the top cryptocurrency fund administrators in the world.

Last but not least, Keim broke the news that ‘BitGo Launches Institutional Digital-Asset Lending Services’ (http://nnw.fm/9Uhzr). BitGo, the leader in digital-asset financial services, announced in early March 2020 that it is now offering institutional digital-asset lending services. Late last year, the company said that it was processing 20% of all bitcoin transactions, making it one of the largest players in the field.

For the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring the latest news from around the world, visit http://nnw.fm/S4Pfu

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