Bitcoin mining guzzels energy- and its carbon boil

Bitcoin mining guzzels energy- and its carbon boil
фото показано с : bitcoints.com

2018-7-11 14:44

If you had bought $100 in bitcoin back in 2011, your investment would be worth nearly $4 million today.
That sort of precipitous rise is stunning, of course, but bitcoin wasn’t intended to be an investment instrument.
Given its rapidly growing climate footprint, bitcoin is a malignant development, and it’s getting worse.
As bitcoin grows, the math problems computers must solve to make more bitcoin (a process called “mining”) get more and more difficult—a wrinkle designed to control the currency’s supply.
It’s certain that the increasing energy burden of bitcoin transactions will divert progress from electrifying the world and reducing global carbon emissions.

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bitcoin investment intended worse wasn stunning grows

Источник: bitcoints.com

bitcoin investment → Результатов: 126


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Japan’s Metaplanet stock soars 89% after disclosing investment in Bitcoin

Shares of Japanese listed firm Metaplanet saw over 89% gains after the firm disclosed it accumulated JPY 1 billion ($6.5 million) worth of Bitcoin (BTC). The Web 3.0 and metaverse-focused entity said the investment was a strategic pivot in embracing digital assets and aligning with the future of finance. The company added: Our transition to […]

2024-4-9 15:45


Bitcoin's journey from 'good for diversification' to 'key' part of an investment portfolio

Investors who are bullish on cryptocurrencies are betting more on digital assets than other asset classes such as equities. The shift towards favoring cryptocurrency over stocks is driven by solid retThe post Bitcoin's journey from 'good for diversification' to 'key' part of an investment portfolio appeared first on AMBCrypto.

2021-12-12 23:30


How this development impacts investment outlook for Bitcoin, other cryptocurrencies

Digital assets including Bitcoin are a fairly new economical concept and every investment vehicle in the early stages of its inception has been subjected to scrutiny. Bitcoin’s story has been no difThe post How this development impacts investment outlook for Bitcoin, other cryptocurrencies appeared first on AMBCrypto.

2021-10-3 18:30


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Bitcoin Eyes $30K as UK Vaccine Approval Boosts Risk Appetite

Bitcoin secured yet another record high level on Wednesday, helped by news of Anthony Scaramucci’s SkyBridge Capital investment’s investment into the cryptocurrency space. The benchmark cryptocurrency topped at $28,580 during the Asian morning session after reports revealed that the investment management firm had purchased $182 million worth of Bitcoin. The news soon followed a dramatic […]

2020-12-31 16:24


MassMutual Invests $100M In Bitcoin; ‘Other Return-Hungry Insurance Companies’ Buying BTC: NYDIG Chairman

The 169-year old mutual insurer, MassMutual, purchased $100 million in Bitcoin for its general investment fund. This bitcoin investment is part of the company's broad strategy to take advantage of new opportunities that give it “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.

2020-12-11 18:06


Top Financial Historian Calls Bitcoin the Best Investment Opportunity

Bitcoin has been on a strong rally since the March lows of $3,500. The leading cryptocurrency currently trades for $19,300. Niall Ferguson, a financial historian at the Hoover Institution at Standford University, recently said that he thinks Bitcoin is one of the best investment opportunities right now Bitcoin Could Be the World’s Best Investment Opportunity Bitcoin has been on a strong rally since the March lows of $3,500.

2020-12-7 13:00


SoftBank CEO Sold his $200 Million Bitcoin Investment in 2018 Because He Couldn’t Stop Price Watching

Every Bitcoiner knows this feeling. And we can relate to Masayoshi Son, the founder, and chief executive of SoftBank. But what we can’t relate to is that he still does not understand Bitcoin. At the DealBook Online Summit on Tuesday, Son, who has made billions from his bets that involves an early investment in Alibaba, […] The post SoftBank CEO Sold his 0 Million Bitcoin Investment in 2018 Because He Couldn’t Stop Price Watching first appeared on BitcoinExchangeGuide.

2020-11-23 16:19


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Is Bitcoin a Good Investment: Analyst Predicts High Institutional Demand Post Covid-19

The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why the cryptocurrency is an attractive investment.

2020-4-26 20:15


Bank of Canada’s Bitcoin Awareness Report Shows 58% of Owners Buy For Investment Reasons

Most Canadian Bitcoin Owners Use It For Investment Purposes Only A report by Bank of Canada (BoC) published on July 23rd shows that 58% of Canadians own Bitcoin for investment purposes. The top four reasons for Canadians owning Bitcoin, according to the study, were: purchasing it as an investment, friends owning Bitcoin, being interested in […]

2018-7-25 01:47


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