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Tag: mining

Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint

May 14, 2021 wp-bot Bitcoin News

Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company

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Turkish customs confiscate over 500 smuggled Bitcoin mining rigs

May 14, 2021 wp-bot Cointelegraph

Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects.

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The Aspiring Answers to Bitcoin’s Enormous Energy Footprint

May 14, 2021 wp-bot Bitcoin News

Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry quickly responded by highlighting the

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While Bitcoin’s Price Slumps the Network’s Mining Difficulty Reaches a Lifetime High

May 13, 2021 wp-bot Bitcoin News

After bitcoin prices took a hit following Tesla’s recent u-turn, Bitcoin’s mining difficulty jumped over 25 trillion, the highest the metric has seen during the

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What Is Nano? Fee-Free Crypto Asset Gains 60% Intraday

May 13, 2021 wp-bot Bitcoin News

Nano, a relatively obscure cryptocurrency, managed to catch the spotlight yesterday due to its singular transactional proposal. But, what is Nano really, and why did

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Which ‘green’ cryptocurrency is Tesla likely to add for payments?

May 13, 2021 wp-bot Cointelegraph

Elon Musk revealed that Tesla will halt all BTC transactions due to environmental concerns, with the firm set to look at more energy-efficient cryptocurrencies.

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