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Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners

After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door meetings with North American bitcoin miners. дальше »

2021-5-26 18:30


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Elon Musk Tells Us Exactly Why He Chooses Dogecoin Over Ethereum, Cardano, IOTA, And Others

Elon Musk wreaked havoc in the crypto markets on May 13 after announcing that Tesla would be halting all BTC payments until the cryptocurrency’s mining becomes more environmentally sustainable. Musk posited that while Tesla awaits bitcoin’s transition to renewable energy, the electric car maker would be exploring other cryptocurrencies that use less than 1% of […] дальше »

2021-5-26 14:20


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Elon Musk Meets Major North American Bitcoin Miners to Address Energy Usage

Following his earlier criticisms of Bitcoin’s energy usage, Tesla CEO Elon Musk has met with bitcoin miners in North America to promote the use of renewable energy for BTC mining activities.  New Bitcoin Mining Council Formed After Meeting Tweeting on Monday (May 24, 2021), Musk revealed that bitcoin miners based in North America were committedRead More дальше »

2021-5-26 13:30


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Vitalik Buterin Criticizes Elon Musk’s Idealistic Take on Cryptocurrency, Details Limits on Blockchain Scalability

Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper where he details the limits of blockchain scalability. Buterin touches on three subjects: storage, bandwidth, and computing power, commenting on their limits with today’s tech. дальше »

2021-5-25 23:30


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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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Elon Musk Reaffirms His Crypto Allegiance

Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that was seen as a clear rebuff from his earlier statements where he […] дальше »

2021-5-23 16:36


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MicroStrategy’s Saylor On Why China Banning Bitcoin Mining Completely Could Ignite The Most Bullish Cycle

The Chinese government has made its intention to crack down on Bitcoin mining public, with Premier Liu He announcing as much this Friday. The world’s most expensive digital currency has undergone a massive bearish move over the past week, with Elon Musk poking a hole in pertinent affairs and news of China’s strengthened stance breaking […] дальше »

2021-5-22 18:06


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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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Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’

Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather” has been working with dogecoin devs “to improve system transaction efficiency” after Tesla suspended accepting bitcoin for payments, citing environmental concerns. Elon […] дальше »

2021-5-22 17:00