Tag Archives: elon musk

Well, here’s something that’s likely to anger a few environmentalists in the coming weeks. A new report issued by the New York Digital Investment Group (NYDIG) says that bitcoin and crypto mining are only likely to contribute to about 0.9 percent of global carbon emissions in the coming future. Crypto Mining Isn’t That Bad, According to New Report The topic of crypto mining has been a controversial one. Over the past several months, many high-ranking individuals with...

According to a recent study conducted by Bloomberg, the amount of energy used for crypto and bitcoin mining purposes in 2021 already outdoes all the energy used in 2020, and we’re not even three quarters of the way through the year. Crypto Mining Is Using a Lot of Electricity Some environmentalists are taking this as a bad sign. It suggests that people are not only mining more but may be increasing the carbon footprint that already stems from the mining industry. So far...

Elon Musk flirtet immer wieder mit dem Cryptomarkt. Besonders auf Twitter haben seine Nachrichten großen Einfluss auf die Preisentwicklung zahlreicher Coins. Neben Bitcoin sind es vor allem die „Dog-Coins“, die von Musk mit einem simplen Tweet zum Mond geschossen werden können. Crypto News: Elon Musk Tweet schießt Low Cap Coins zum MondWer sein Geld in die Dog-Coins steckt, muss sich darüber im Klaren sein, dass dieser Micromarkt eine Volatilität aufweist, die noch um ein Vielfaches höher ist...

Tesla’s CEO – Elon Musk – bought a new dog and gave him a name (Floki) – so far, nothing out of the extraordinary. But the puppy’s name has caused fluctuations in the cryptocurrency space, with recently emerging coins called Floki skyrocketing in value. The Hype Around Meme Coins and Musk’s Role It’s safe to say that the digital asset industry has its rather controversial moments. Meme coins are typically a good example. Dogecoin – a token created as a joke in 2013 – surged...

Bitcoin is picking up speed. After several months of traveling through the doldrums, the world’s number one digital currency by market cap appears to be moving back up the financial ladder once again. The currency is presently trading for just over $50,000 per unit, meaning it has gained approximately $5,000 over just the past few days alone. Bitcoin Is Moving Back Up Bitcoin has been going through a hard time as of late. The asset – which spiked to a new all-time high...

Palantir says it’s preparing for a black swan event with its massive gold purchase this month. Bloomberg reports the company also accepts bitcoin and gold as payment, but no one has paid in either. The Peter Thiel cloud computing company is also interested in accumulating bitcoin, Per a recently report: “The company spent $50.7 million this month on gold, part of an unusual investment strategy that also includes startups, blank-check companies, and possibly Bitcoin. Palantir...

Billionaire investor and entrepreneur Mark Cuban appears eager to clarify some comments he recently made regarding Dogecoin, the world’s fourth largest cryptocurrency. Mark Cuban Seeks to Clear the Air Regarding Doge Just a few days ago, the billionaire stated that he felt Dogecoin was a great “medium of exchange.” He also sang additional praises for the popular meme coin, but he is now taking to social media to clarify some of these statements. On Twitter, he has...

Crypto mining firm Argo Blockchain has become the first official company of its kind to release a climate plan to carry it through the future. Argo Blockchain Is Looking to Be More Environmentally Friendly The idea of crypto mining is necessary to ensure digital blockchains are consistently supplied with new tokens. However, the process has been quite controversial over the past few months given that it is allegedly causing irreversible damage to the planet according to...

Mark Cuban has become a hardcore cryptocurrency fan in recent months. He’s now come out to sing praises for Dogecoin, which has garnered the attention of several long-term crypto bulls such as Tesla and SpaceX mogul Elon Musk. Mark Cuban Loves Dogecoin The Dallas Mavericks – a basketball team co-owned by Cuban – announced last March that it would be accepting Dogecoin payments for tickets and related team merchandise, making it one of the first sports organizations to...

The crypto community continues to rally the troops just hours ahead of the crucial vote on digital asset taxation from US Congress. This time, they have received support from one of the most influential people today – Elon Musk. CryptoPotato reported yesterday the controversy that arose from US authorities in regards to the country’s attempt to regulate and implement taxes on the digital asset industry. In shorts, Senators Mark Warner and Rob Portman proposed an amendment...