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Tesla’s $1.5B Bitcoin Purchase Reignited Mainstream Media Narrative that BTC Mining Is a Major Environmental Hazard: Report

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Tesla Inc’s recent Bitcoin investment has “reignited” mining FUD, according to Compass, a “Bitcoin-first” company that aims to support the “decentralized” growth of hashrate and “strengthen network security” by helping people learn, explore and mine Bitcoin. Compass notes that by dropping $1.5 billion into BTC,… Read More

The post Tesla’s $1.5B Bitcoin Purchase Reignited Mainstream Media Narrative that BTC Mining Is a Major Environmental Hazard: Report appeared first on Crowdfund Insider.

Source: https://www.crowdfundinsider.com/2021/02/172688-teslas-1-5b-bitcoin-purchase-reignited-mainstream-media-narrative-that-btc-mining-is-a-major-environmental-hazard-report/

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