Результатов: 522
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Jack Dorsey Not Having It With Sen. Elizabeth Warren’s Negative Comment On Bitcoin

The debate on Bitcoin’s mining energy consumption doesn’t seem to be ending any time soon. Elizabeth Warren, the Massachusetts US senator has joined the conversation, saying that one of the easiest and least disruptive things “we can do” to fight the Climate Crisis is to crack down on “environmentally wasteful” decentralized cryptocurrencies like Bitcoin. She says cryptocurrencies […] дальше »

2021-6-13 00:31


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New Findings Reveal Elon Musk’s Mind-Blowing “Game Plan” For Bitcoin

The reason behind Tesla’s suspension of Bitcoin payments can be traced to Musk’s tweets, in which he claims that the asset’s energy consumption levels are unsustainable. However, with a little more deep diving, a cryptocurrency observer has spotted what could be the driving factor behind Tesla’s decision, and as opposed to the general sentiments that […] дальше »

2021-6-4 23:05


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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


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Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin

On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the effort counters the hostile ‘Blood Bitcoin’ narrative in regard to recent environmental concerns over proof-of-work (PoW). дальше »

2021-5-28 22:30


Crypto Asset Firm One River Files for Carbon-Neutral Bitcoin ETF

Amid growing debate surrounding Bitcoin’s high energy consumption, one asset manager is looking to create a more environmentally conscious Bitcoin exchange-traded fund.  According to SEC filings from earlier this week, One River Asset Management joins a growing list of firms looking to create their own Bitcoin ETF — but with a catch.  The digital asset […] дальше »

2021-5-27 12:06


Burstcoin was the real green alternative until Chia Network raised $69.7M on a concept of Proof of Capacity

The two biggest consensus mechanisms known in the crypto universe are Proof-of-Work and Proof-of-Stake, created by Satoshi Nakamoto and Sunny King(PeerCoin), respectively. Since creating these mechanisms to support the underlying technology of blockchain, there have been many other alternatives to reduce energy consumption and introduce a new method of mining using hard disks called Proof-of-Capacity, […] The post Burstcoin was the real green alternative until Chia Network raised $69. дальше »

2021-5-27 15:00


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Fundstrat’s Tom Lee On Why Bitcoin Can Exit The Year Over $100k Despite Being In The “Penalty Box”

It has been a bloody period for Bitcoin after the crypto started experienced some market troubles after reaching a new all-time high above $65k. The decision of Tesla to suspend bitcoin payments and the company’s CEO Elon Musk tweeting against Bitcoin’s power consumption while supporting Dogecoin have added to the pressure. As a result, BTC’s […] дальше »

2021-5-26 20:15


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Is Ripple Behind Most of the Bitcoin Energy Usage FUD? CoinShares’ Meltem Demirors Thinks So

The Bitcoin market hasn’t been a pretty sight of late. The top cryptocurrency seems to be struggling to beat back the bears as price take a hit after another. Notably, this crisis started when Tesla’s Elon Musk launched a scathing attack on BTC on account of the network’s massive power consumption. Elon’s company went on […] дальше »

2021-5-24 11:17


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Greenpeace Has Stopped Accepting Bitcoin Donations Due to Network’s Environmental Impact

Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs to add bitcoin to its donations arsenal, has now backpedaled due to the growing energy consumption of the underlying network powering the asset. Greenpeace Stops […] дальше »

2021-5-23 11:00


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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption

Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […] дальше »

2021-5-23 07:00


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Elon Musk Returns To The Bitcoin Circle, Throws Weight Behind The Lightning Network

Days after causing the BTC price drop of the year, Tesla and SpaceX CEO, Elon Musk, is back into the fold, and this time, he’s all about Bitcoin’s Lightning Network. Apparently, Elon Musk castigated Bitcoin for its high electricity consumption, something he said wasn’t good for the environment. Now, Elon is back in the BTC […] дальше »

2021-5-22 17:48


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As the Transition to Proof-of-Stake Nears, Ethereum Will See 99.95% Decrease in Energy Use

For all the benefits that cryptocurrency offers the general public, there are a number of pitfalls and criticisms that it receives. One of these is the issue of energy consumption. The process of mining cryptocurrencies and running blockchains are notoriously energy-intensive processes and assets like bitcoin are known to use as much energy as entire […] дальше »

2021-5-21 16:41


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Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided

Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided. ” Referring to its research using real-world data, the investment firm emphasized that “the impact of bitcoin mining could become a net positive to the environment. дальше »

2021-5-18 02:30


Bitcoin’s Energy Consumption is Half of Gold and the Banking System: Galaxy Digital Mining

The Bitcoin network consumes a substantial amount of energy; this is what makes it “so robust and secure” while offering “financial freedom to people around the world.” The post Bitcoin’s Energy Consumption is Half of Gold and the Banking System: Galaxy Digital Mining first appeared on BitcoinExchangeGuide. дальше »

2021-5-18 21:19


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Analyst Explains Rationale Behind Tesla’s New Stance On Bitcoin

Elon Musk recently set the cryptocurrency community ablaze when he announced Tesla’s withdrawal in accepting Bitcoin as a payment medium. The company’s sole reason for backpedaling on its decision to accept Bitcoin is tied to the asset’s level of energy consumption which Tesla believes is highly unsustainable despite Bitcoin being a promising digital currency in […] дальше »

2021-5-15 16:09


Beijing Probes into Bitcoin Mining; This Is ‘Normal Bureau Business’ Aimed at Energy Consumption

Beijing is conducting a check on data centers involved in cryptocurrency mining to understand their impact on energy consumption. The probe was directed by city authorities. The Beijing Municipal Bureau of Economy and Information Technology sent an “emergency notice” to the city’s data center operators earlier this week to report on if they are involved […] The post Beijing Probes into Bitcoin Mining; This Is ‘Normal Bureau Business’ Aimed at Energy Consumption first appeared on BitcoinExchangeGuide. дальше »

2021-5-1 20:10