Tag Archives: tesla

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The love affair between Elon Musk and Dogecoin is continuing. Despite falling crypto prices and a market that’s never appeared more uncertain, Musk has emerged in recent days to say Dogecoin is the only digital currency that’s truly worth anything and that the coin doesn’t take itself “too seriously.” He also praised its “transactional output.” Elon Musk and Dogecoin: A Match Made in Digital Heaven Musk has been much fairer to Doge than he has to assets like bitcoin, for...

Not long ago, Tesla – the electric car company brought to the financial forefront by South African entrepreneur Elon Musk – announced it had sold a lot of its bitcoin. No doubt the company experienced heavy losses given that when it first bought BTC in 2021, the asset was trading in the $50K range. Elon Musk Will Still Buy BTC in the Future Now, bitcoin is not even half that and trading for about $24,000 per unit, though Elon Musk says that his company would be open to...

Changpeng Zhao – Chief Executive Officer of Binance – believes that bitcoin is less volatile than many stocks of tech giants, including Tesla and Apple. He also said the exchange will “have good news to share” on its confrontation with global regulators. ‘Many of the Tech Stocks are More Volatile Than BTC’ In a recent interview with the Financial Times, Changpeng Zhao expressed his opinion that during the past two years, the price of the primary cryptocurrency has been “more...

Block Stream, Block, and Tesla are all teaming up to mine bitcoin using solar energy in Texas. Texas Continues to Grow Its Mining Space Solar and storage technology is being provided by Tesla. In an interview, Adam Back – the CEO and co-founder of Block Stream – explained that the company is going to be a massive experiment in that it will be one of the first crypto mining firms to be fully powered by renewable energy. He says: People like to debate about the different...

Das Bitcoin-Netzwerk soll mit Wind- und Solarstrom betrieben werden. Stromintensives Mining und Vorwürfe von Umweltkritikern war gestern – zumindest, wenn es nach den beiden Tech-Grössen Jack Dorsey und Adam Back geht. Die beiden Firmenchefs möchten sich in Texas zusammen tun und eine CO2-emissionsneutrale Bitcoin-Mining-Farm auf die Beine stellen, welche ihren Strom aus einer Solaranlage bezieht. Als Stromspeicher sollen die Megapacks des...