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Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran

May 17, 2021 wp-bot Bitcoin News

Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to

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Tesla ONLY owns 0.2% of Bitcoin Market Cap

May 17, 2021 wp-bot Reddit | Cryptocurrency

The Tesla Bitcoin is worth about 0.2% of the entire market cap. So around 38k BTC after selling 10% previously. In the last 30 days

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Elon Musk tweets BTC price bottom? 5 things to watch in Bitcoin this week

May 17, 2021 wp-bot Cointelegraph

It’s all about Elon as Twitter provides the backdrop to an ongoing battle between hodlers and the “Dogefather.”

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Bitcoin and Ethereum usage fees drop 70–80% as market slide continues

May 17, 2021 wp-bot Cointelegraph

Transaction fees are falling rapidly on Bitcoin and Ethereum, as the coin prices of both recede from recent peaks.

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Banking system consumes two times more energy than Bitcoin: research

May 17, 2021 wp-bot Cointelegraph

According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year.

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Life hack – How to be forever in the green

May 17, 2021 wp-bot Reddit | Cryptocurrency

So, you are feeling down due to seeing red candle sticks all over the place. How to avoid this and forever be in the green

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Blockchain
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