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Tag: Bitcoin mining

Tesla Rival Fisker Won’t Buy or Accept Bitcoin Anytime Soon: CEO

Bitcoin’s energy-intensive nature contradicts Fisker’s plan to create the “world’s most sustainable vehicles,” its CEO said.

Ark Invest Defends Bitcoin’s Environmental Impact Following Elon Musk Tweets

Investment management firm Ark Invest has released a research note claiming that Elon Musk’s view on Bitcoin is “misguided.”

Why Tesla dumping Bitcoin was inevitable

And what the future holds for Cryptocurrencies…

Iran to Fine Crypto Miners Using Household Electricity

Cryptocurrency mining using household electricity to face heavy fines
Cryptocurrency mining using household electricity to face heavy finesThe Iranian government has introduced a new policy against cryptocurrency miners who use household electricity for their mining activities.  Iran to Crackdown on Illegal Mining Activities  According to Tehran Times on Sunday, (Amy 16, 2021), a spokesperson for Iran’s Ministry of Energy, Mostafa Rajabi Mashhadi, said that the government would impose a hefty fine on
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Fisker Electric Vehicle Startup Bans Bitcoin Investment

A start-up electric vehicle company Fisker Inc. (NYSE: FSR) announced Monday that the company will not accept Bitcoin (BTC) as an investment due...

Best in the Business: Energy Efficiency Proving Major Drawcard for Fantom

One of the fastest-growing blockchain platforms utilized by crypto traders is leading the world in terms of energy efficiency, bringing some of the lowest kWh used per transaction available anywhere on the globe today. Fantom sees thousands of users utilizing the platform daily for a variety of purposes, including information security and crypto-currency transactions, including […]

Natural Gas-Powered Bitcoin Miner Voluntarily Commits To Offset Carbon Emissions

New York-based Bitcoin miner Greenidge Generation is revealing that it plans to voluntarily mitigate the environmental impact of its crypto mining operations en route to becoming a carbon-neutral firm as early as next month. In a statement published on Friday, the natural gas-powered mining firm says that it will purchase carbon offsets from a number […]

The post Natural Gas-Powered Bitcoin Miner Voluntarily Commits To Offset Carbon Emissions appeared first on The Daily Hodl.

5 Reasons Elon Musk is a Crypto Manipulator – Buy The Dips?

On multiple occasions tweets by Elon Musk have dramatically moved the markets, with Bitcoin and Dogecoin particularly affected. Musk’s musings have propelled both cryptocurrencies, among [...]

Bitcoin’s Largest Mining Pools Are Now Pushing for Taproot Upgrade

Support for Taproot, Bitcoin’s much-awaited upgrade, has reached 64% after all 10 of the largest mining pools began signaling their support.

Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’

Investment strategist Raoul Pal suggested traders should probably buy the Bitcoin dip as its price crashes to two-month lows.

Elon Musk Tweets Send Bitcoin Down 16% to $42K in Weekend Slide

The Tesla CEO clarified that the automaker has not sold any of its Bitcoin holdings, halting the cryptocurrency’s downward spiral.

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