Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify
On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.”...
Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System
While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption...
Regulated Bitcoin ETPs Skyrocket, Coinshares Cites ‘Unprecedented Interest from Institutional Investors’
The Sweden-based XBT provider Coinshares saw roughly $202 million in XBT certificates swap hands on the market’s first day of trading in 2021. Meanwhile, on the same day, the...
$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of...
The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23...
Bitcoin Miners Changing into ‘Buyers of Last Resort’ for Clear Vitality: Report
The newest report from CoinShares exhibits that renewable vitality powers the overwhelming majority of the Bitcoin mining community opposite to the “ocean boiling narrative.”
Bitcoin Mining Makes use of Principally...
Bitcoin Miner Says Photo voltaic Power Cuts Mining Prices By 75%
Market situations and electrical energy prices have considerably lowered cryptocurrency mining profitability. Because of this, huge and small-scale cryptocurrency miners are compelled to show to renewable power to cut...
Fund Providers Insist There’s Enough Market Liquidity for a Bitcoin ETF
For years, bitcoin exchange traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are...
How Have Bitcoin Futures Performed One Year On?
This time last year, the market was abuzz with excitement as CBOE’s XBT futures contracts and CME Group’s bitcoin derivatives products launched for the first time. There is no...
Chinese Miners Short BTC Markets to Hedge Against Falling Prices
The price of bitcoin core (BTC) has dropped considerably over the past few months, significantly affecting individuals and organizations that mine the cryptocurrency. According to recent reports, many miners...