Almost 60% of Bitcoin mining now on sustainable energy: Bitcoin Mining Council
The use of sustainable energy for bitcoin mining has grown by almost 60% according to the Bitcoin Mining Council (BMC). In the last 12 months, electricity use in the sector has decreased by 25%. The mining industry is rapidly adopting sustainable energy, according to a new report from the Bitcoin Mining Council (BMC). According to […]
Petition to Free Ross Ulbricht reaches 500.000 Signatures
A petition titled “Clemency for Ross Ulbricht, Serving Double Life for a Website” is about to reach 500.000 signatures. The petitiion, directed at the President of the United States was started by Ross mother Lyn Ulbricht. “There is a strong, bipartisan consensus that Ross’s case is a miscarriage of justice. Over 250 organizations, eminent individuals […]
Christine Lagarde shrugs at rising costs and energy crisis affecting EU citizens, remains clueless that Bitcoin fixes this
Despite multi-decade high inflation and an energy crisis, European Central Bank President Christine Lagarde dismisses ideas of recession. Lagarde states that the European Central Bank won’t hurry into withdrawing monetary assistance as policymakers take action to limit inflation that is running at over four times their targeted 2%. “I don’t think that we’re in a […]
Why Bad News is Good for Bitcoin
“First they ignore you. Then they ridicule you. And then they attack you and want to burn you. And then they build monuments to you.” (Nicholas Klein 1914) For any investor, and especially for anyone in Bitcoin, we are all quite familiar with the expression of FUD. But let’s examine a little bit about the core meaning of Fear, Uncertainly and […]
Despite the Crash, Bitcoin has a bright future
This article was originally published by Dominic Frisby on Moneyweek. “Cryptocurrencies” have crashed hard, with Bitcoin down by more than 50% from its peak. But, says Dominic Frisby, Bitcoin still has a future – it is the ideal money for the internet era. You might call it the cable that changed history. In the mid-19th […]
