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Tag: Tesla

Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm

May 14, 2021 wp-bot Bitcoin News

The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated

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Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month

May 14, 2021 wp-bot Bitcoin News

On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021

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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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Buy ADA as Tesla Applies to Enter US Renewable Credits Market?

May 14, 2021 wp-bot Inside Bitcoins

As the cryptocurrency market crashed following Elon Musk announced that Tesla would no longer accept Bitcoin payments because of environmental concerns, Cardano’s ADA was the

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Early crypto pioneer slams Elon Musk’s ‘hypocrisy’ on Bitcoin payments

May 14, 2021 wp-bot Cointelegraph

One early cryptocurrency entrepeneur thinks Elon Musk lacks moral consistency when it comes to his management of Bitcoin.

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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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