Bitcoin can compete with beef or crude oil in environmental impact | Smart news
A worker installs a new row of bitcoin mining machines at the Whinstone US Bitcoin mining facility in Rockdale, Texas, the largest bitcoin mining facility in...
Tagged: bitcoin
DEC under fire for granting permit extension to Greenidge bitcoin facility
DRESDEN, NY (WETM) – Controversy over a cryptocurrency mining facility along Seneca Lake continues, as those against the facility claim the NY DEC pulled an “11th-hour...
NYDIG, under new leadership, bets another $720 million on Bitcoin
NYDIG (New York Digital Investment Group) has raised $720 million for its Institutional Bitcoin Fund, as revealed in an SEC filing published last week. A total...
Spanish Telecom Giant Telefonica Invests In Bit2Me, Pilots Cryptocurrency Payments – Exchange Bitcoin News
Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in...
Bitcoin climbs above $19.5,000 amid rally in global assets
Editor’s Note: With so much market volatility, stay tuned for daily news! Get caught up in minutes with our quick summary of today’s must-read news and...
Bitcoin outperformed stocks in September: Here are the top five digital coins
Bitcoin outperformed the market indices in September. The tech-heavy Nasdaq composite fell 10.5% for the month while the S&P 500 dumped 9.3%. However, Bitcoin was down...
Quant explains how US stock market volumes affect Bitcoin price
A quant has explained how there is a correlation between the latest trends in the US stock market volumes and the Bitcoin price. The TradFi Depth...
Environmental Tolls of Bitcoin Equal to Beef Production, Crude Oil: Study – The Hill
The story at a glance Online cryptocurrencies can use a huge amount of energy. To better estimate the environmental impacts of Bitcoin mining, the researchers assessed...
Bitcoin mining almost as bad as crude oil for climate: Study
Bitcoin mining is more harmful than beef production and almost as environmentally unsustainable as crude oil, according to research. The digital currency causes more damage to...
Data Shows Bitcoin’s Hash Rate Has Grown More Than 4 Quadrillion Percent Since 2009 – Mining Bitcoin News
Following the change in network difficulties six days ago on September 27, Bitcoin’s hash rate surpassed 295 exahash per second (EH/s) twice in the first two...