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Pundit On Why the Impact of Bitcoin Mining is a Net Positive for the Environment

Bitcoin critics have not relented in reiterating their consensus belief that Bitcoin allows for an excessive waste of energy due to the high demand of electrical power needed for mining activities. While it is indeed true that Bitcoin mining consumes a truckload of energy, an interesting case for Bitcoin mining as an essentially valuable practice […] дальше »

2021-2-14 22:38


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Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’

The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more than 22% in 24 hours. дальше »

2020-12-17 18:45


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Historian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution

Historian and senior fellow with the Hoover Institution at Stanford University, Niall Ferguson says bitcoin is winning the Covid-19 monetary revolution. Hailing the virtual currency as a great place for the rich to store their wealth, Ferguson also notes that the bitcoin’s resilience has forced critics as well as institutional investors to alter their views […] The post Historian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution appeared first on Bitcoin News. дальше »

2020-12-2 12:30


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Paypal’s Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles

The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with the notion that the payments giant’s move will lead to greater adoption cryptocurrencies. дальше »

2020-10-25 10:15


USPS Patents A Blockchain-Based Mail-In Voting System Despite President Trump’s Critics

The United States Postal Service (USPS) might have a blockchain-based plan for the U.S mail-in voting suggestion. According to a patent made public by the U.S Patent and Trademark Office on August 13, the USPS had filled an intellectual property application for a blockchain ecosystem dubbed ‘Secure Voting System’ back in February. Interestingly, this development […] дальше »

2020-8-15 19:02


Venezuela Bans Crypto Mining At Government Provided Housing Due to Energy Demands

The Venezuelan government outlaws mining of Bitcoins (BTC) in any state-owned public housing projects due to ‘high electricity consumption’ and ‘disruption of the national grid supply. ’ However, a group of critics on the moving state the problems facing electricity in the country are inherent to the government’s negligence. дальше »

2020-7-20 17:00


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How Will The Upcoming US Election Impact Bitcoin’s Price Performance This Year?

The pandemic-fueled market crash of March didn’t spare bitcoin or the rest of the crypto market, but in retrospect, it could be considered a good thing. The crash created a turning point, which later accelerated Bitcoin’s adoption, establishing it as an uncorrelated asset, with recognition even from top critics like gold investor Peter Schiff. Earlier […] дальше »

2020-7-15 11:04