All mining facilities in Xinjiang, Inner Mongolia, and Qinghai provinces have been shut down. China has long accommodated over half the world’s bitcoin miners, but now, Beijing wants them out ASAP. China Might Wipeout Mining Activities Now only hydropower mining farms in Sichuan are left. Presently the clean energy usage by Bitcoin miners already exceedsRead More
Tesla CEO Elon Musk tweeted on Sunday that the all-electric carmarker will accept Bitcoin transactions when miners who verify transactions use more renewable...
Tesla will accept BTC again once the miners use 50% clean energy as Elon Musk promised and the price of the number one cryptocurrency increased after the announcement so let’s read more in our latest bitcoin news today. Elon Musk tweeted about Tesla and Bitcoin again and the price of the coin went up as […]
Cryptocurrencies have been some of the most talked-about assets in recent months, with bitcoin and ether prices reaching record highs. These gains were...
The condition of cryptocurrency miners in Iran is continuing to worsen as the government imposes a ban on the mining activity citing high energy consumption of the operation that have been causing power outages in the country. The poor Iranians who have been depending on crypto-mining will suffer more due to the government decision to prohibit mining during hot summer months.
MicroStrategy CEO and Bitcoin megabull Michael Saylor is engaging in a friendly twitter battle with reporter Adam Samson, who challenged Ark Invest crypto analyst Yassine Elmandjra’s assessment that the majority of Bitcoin miners utilize renewable energy. Samson utilizes an infographic from the Cambridge Centre for Alternative Finance to illustrate why Elmandjra’s statistic may be misleading, […]
There are many articles from concerned environmentalists about the dark side of NFTs, and their impact on the environment. All these views are primarily dependent on pushing what agenda and paying for the articles to be written. We’ve recently seen Elon Musk’s standpoint on Bitcoin and Tesla. It’s similar to the argument of plastic straws vs […]