States Are Proposing Mining Incentives as Big Oil Taps Bitcoin Mining for Environmental Gains

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <em><span style= "font-weight: 400;">Nexo</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://www.getarculus.com/"><em><span style= "font-weight: 400;">Arculus</span></em></a><span style= "font-weight: 400;">, and</span> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p> </p> <p><span style="font-weight: 400;">On this edition of the “Weekly Recap,” NLW looks at: </span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">a new valuation for Circle</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">a new token fund from Sequoia</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The FBI’s new crypto enforcement division</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">ConocoPhillips partners with bitcoin mining to reduce flaring </span></li> </ul> <p> </p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <strong><em>Nexo</em></strong></a> <em><span style= "font-weight: 400;">is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 18% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at</span></em> <a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <em><span style= "font-weight: 400;">nexo.io</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p><em><span style="font-weight: 400;">-</s