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Tag: Bitcoin mining

Bitcoin Mining Is Terrible for the Environment. Crypto Doesn’t Have to Be.

Is it necessary to “mine” cryptocurrencies? What’s Ethereum 2.0?

Crypto market returns into green zone after last week’s dip

Monday’s trading session has marked a return to form for Bitcoin (BTC) and other top cryptocurrencies, mostly offsetting the losses incurred by the last week’s slump, according to crypto metrics platform CoinGecko.

The post Crypto market returns into green zone after last week’s dip appeared first on CryptoSlate.

JPMorgan To Offer Managed Bitcoin Fund for the First Time

Bitcoin Fundamental Analysis: NVT Ratio
Bitcoin Fundamental Analysis: NVT RatioNew York-based bank, JPMorgan Chase & Co. (NYSE: JPM) will soon offer an actively managed bitcoin fund to private wealth clients. The institution will become the latest, largest, and unlikeliest U.S. mega-bank to embrace crypto as an asset class, after its CEO called bitcoin a ‘dangerous fraud’ less than four years ago. The Bitcoin’s Fund
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Is Bitcoin energy money?

Two weeks after bitcoin was created, Satoshi Nakamoto wrote: “It might make sense just to get some in case it catches on. If...

Are we ignoring this about Bitcoin mining

Bitcoin mining's energy consumption has been a major concern given how climate change and pollution are key challenges of our times. With mining companies worldwide drifting towards environmental-frie

The post Are we ignoring this about Bitcoin mining appeared first on AMBCrypto.

What Bitcoin Must Do To Remain The Crypto Top Dog, According to Ripple Chairman

What Bitcoin Must Do To Remain The Crypto Top Dog, According to Ripple Chairman
Historically speaking, one key objection to bitcoin has been its perceived massive energy consumption. Some people have suggested that the flagship cryptocurrency is causing an environmental disaster due to its proof-of-work consensus algorithm. The ecological concerns about bitcoin have driven developers to create alternative algorithms like Federated Consensus and Proof-of-Stake — which will be adopted […]

Bitcoin’s Environmental Impact Debate Soars During Earth Day

Bitcoin

The effect of Bitcoin mining has been a matter of debate and controversy over the last months as publications as The New York Times warned against the environmental costs of Bitcoin and NFTs, while companies like Square believe the environmental impact could be positive. Soon after the recent direct listing of Coinbase in the NASDAQ [...]

The post Bitcoin’s Environmental Impact Debate Soars During Earth Day appeared first on Blockonomi.

Bitcoin Dominance Sinks Below 50% (April 23, 2021)

Also, Citi is claiming that while the digital asset industry is expected to grow as a whole, Bitcoin’s dominance could continue to decline as it’s going to be affected by the usefulness of other cryptocurrencies.

The post Bitcoin Dominance Sinks Below 50% (April 23, 2021) appeared first on BitPinas.

Deutsche Boerse Won’t Delist Coinbase Share After Exchange Offers Reference Code

Deutsche Boerse has decided against the delisting of Coinbase Inc shares from its Xetra and Frankfurt stock exchange after the cryptocurrency exchange offered the necessary reference code called LEI code for the missing data. Coinbase on Wednesday had acknowledged the data error and said, “We’re aware of an administrative error that has made it necessary

The post Deutsche Boerse Won’t Delist Coinbase Share After Exchange Offers Reference Code appeared first on Coingape.

Elon Musk And Jack Dorsey Agree Bitcoin Is Key to Renewable Energy Adoption

Jack Dorsey led Square Inc along with Ark Investment released a White paper on Bitcoin’s growing influence on bringing renewable energy usage to the forefront. The white paper comes in the wake of growing controversy around the high energy consumption by the bitcoin network, which mostly ignores the fact that the majority of Bitcoin mining

The post Elon Musk And Jack Dorsey Agree Bitcoin Is Key to Renewable Energy Adoption appeared first on Coingape.

Twitter CEO Jack Dorsey: ‘Bitcoin Incentivizes Renewable Energy’

On Wednesday (April 21), Jack Dorsey, the CEO of Twitter and Square, who is a huge believer in Bitcoin, said that the flagship cryptocurrency “incentivizes renewable energy.” According to Bloomberg, on 16 May 2018, Dorsey, who is also the CEO of Twitter, shared his belief in Bitcoin with a crowd of crypto enthusiasts at the Consensus 2018 […]

Why Bitcoin Could Be The Key For The Future Of Clean Energy

Much has been said lately about Bitcoin’s impact on the environment. Mainstream media has been especially keen on declaring BTC’s consensus mechanism (Proof-of-Work) a potential danger for the future of the planet. A White paper published by Square and ARK Invest, as part of “The Bitcoin Clean Energy Initiative”, makes the opposite case and argues […]

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