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The House Hearing On The Environmental Impacts Of Cryptocurrency Mining

The House is set to take an in-depth look into the environmental impacts of Bitcoin mining. The Memo cites the data provided by Statista and Digiconomist in arriving at the metrics of energy usage. Witnesses include the former acting Comptroller of the Currency and other key players in the field. As talk about the impacts […] дальше »

2022-1-22 11:47


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Gloomy 2022 Beckons For Bitcoin As Usage Reportedly Drops 89% In El Salvador

Nayib Bukele may have had a field year, amassing over 1,300 BTC since the announcement of El Salvador’s official adoption of Bitcoin as legal tender in September. However recent reports now reveal that Bitcoin transaction rates in the Central-American country have reached a four-month low with over 85% of the population showing waning interest in the […] дальше »

2022-1-1 14:09


Ethereum Developers Propose Delaying Difficulty Bomb or Removing it Altogether

Meanwhile, Ethereum co-founder Vitalik Buterin blasted “Bitcoin maximalists” for forcing Bitcoin’s usage in El Salvador, calling it against the ideals of freedom important to the crypto space. The post Ethereum Developers Propose Delaying Difficulty Bomb or Removing it Altogether first appeared on BitcoinExchangeGuide. дальше »

2021-10-10 16:54


Recent Analysis Compares Waste From One Bitcoin Transaction To Throwing Out Two iPhones

There have been many studies that have highlighted the carbon footprint and electricity usage problems of Bitcoin transactions. Founder of Digiconomist Alex de Vries and researcher at MIT’s Center for Energy and Environmental Policy Research, Christian Stoll, released a new study that shines a light on the electronic waste that Bitcoin generates. дальше »

2021-9-20 23:00


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El Salvador Will Penalize Businesses That Refuse to Accept Bitcoin Payments

El Salvador will penalize businesses that refuse to accept Bitcoin as payment El Salvador has finally legalized Bitcoin as a national currency. With the new law comes many changes to the previous money system and the proponents behind the Bitcoin adoption law are working tirelessly to make sure that Bitcoin usage reaches every part of […] дальше »

2021-9-14 18:11


El Salvador mandates Bitcoin usage via Chivo wallet…or so it seems

During the last day preceding the controversial Bitcoin (BTC) legislation coming into effect in El Salvador, the legal advisor to the presidency, Javier Argueta, got caught in the local media web as contradictory statements about the obligation of entrepreneurs to use the government’s official digital wallet, dubbed Chivo, flooded the headlines. дальше »

2021-9-8 10:00


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Elon Musk Reveals Spacex Owns Bitcoin, He Personally Owns BTC, Ethereum, Dogecoin — ‘I Might Pump but I Don’t Dump’

Spacex and Tesla CEO Elon Musk has revealed that he personally owns bitcoin, ethereum, and dogecoin. Meanwhile, his companies, Spacex and Tesla, own bitcoin. He also said that bitcoin’s energy usage “is shifting a lot more toward renewables,” and Tesla will likely resume accepting the cryptocurrency after he does more due diligence. дальше »

2021-7-23 16:30


Elon Musk Confirms Tesla Is Not Selling All of Its Bitcoin, Hints at Potentially Resuming Transactions

Tesla CEO Elon Musk tweeted earlier this Sunday that the electric carmaker would resume its Bitcoin transactions once verified crypto mining operations utilise more renewable energy.  “When there’s confirmation of reasonable (~50 percent) clean energy usage by miners with [a] positive future trend, Tesla will resume allowing Bitcoin transactions,” he wrote.  This is inaccurate. Tesla […] дальше »

2021-6-15 08:37


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U.S Congressman Slams Elon Musk, Says The Billionaire’s Support For Dogecoin Is Ingenuine

Elon Musk has been receiving a truckload of criticism from market players ever since he put out his comments about Bitcoin’s energy usage, which he considers intensive and unsustainable. The billionaire reckons that until the energy consumption level of the asset reduces, his EV car company Tesla will stop accepting payments in Bitcoin. Congressman pokes […] дальше »

2021-6-1 13:00