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Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided

Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided. ” Referring to its research using real-world data, the investment firm emphasized that “the impact of bitcoin mining could become a net positive to the environment. дальше »

2021-5-18 02:30


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Analyst Explains Rationale Behind Tesla’s New Stance On Bitcoin

Elon Musk recently set the cryptocurrency community ablaze when he announced Tesla’s withdrawal in accepting Bitcoin as a payment medium. The company’s sole reason for backpedaling on its decision to accept Bitcoin is tied to the asset’s level of energy consumption which Tesla believes is highly unsustainable despite Bitcoin being a promising digital currency in […] дальше »

2021-5-15 16:09


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

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 up the conversation. Following the recent Tesla announcement, the cofounder of Siphox and Powx, Michael Dubrovsky, revealed the nonprofit Powx has recently submitted a Bitcoin Improvement Proposal (BIP) that aims […] дальше »

2021-5-15 02:00


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SpaceX Accepts Dogecoin to Launch Satellite to the Moon in Q1 2022

Elon Musk’s rocket manufacturing company SpaceX has accepted dogecoin as payment  to launch the DOGE-1 Mission to the Moon in the first quarter of 2022. DOGE Going to the Moon According to a press release on Sunday (May 9, 2022), a Canadaian-based Geometric Energy Corporation (GEC) announced that it paid SpaceX in dogecoin to carryRead More дальше »

2021-5-11 22:41


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Elon Musk, Jack Dorsey Agree Bitcoin Is Key To An Abundant, Clean Energy Future

Ark Invest and Square have teamed up to release a White Paper advocating for increased Bitcoin mining as a way to mold the future of clean energy. As expected, various popular figures in the crypto space like Anthony Pompliano, and Twitter’s Jack Dorsey took notice and threw insights into the new development, with Tesla’s Elon […] дальше »

2021-4-23 17:02