Tags : Green

Bitcoin

Bitcoin (BTC) miners in China plot plans to ‘go green’

Some of China’s storied Bitcoin miners are planning to use more renewable energy sources to power their expansive mining rigs, local outlet CGTN said today. Chinese officials said last month they would crackdown on mining farms for their high power usage and large environmental impact. One of the culprits was illegal coal extraction in some […]Read More

Bitcoin

Elon Musk says Tesla will resume Bitcoin acceptance if majority

Elon Musk, the CEO of electric carmaker Tesla, said today the company will reaccept Bitcoin payments for its cars provided the majority of miners use renewable sources to run their farms. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with a positive future trend, Tesla will resume allowing Bitcoin transactions,” said Musk […]Read More

Bitcoin

Crypto market returns into green zone after last week’s dip

Monday’s trading session has marked a return to form for Bitcoin (BTC) and other top cryptocurrencies, mostly offsetting the losses incurred by the last week’s slump, according to crypto metrics platform CoinGecko. At press time, Bitcoin is trading at around $53,250, up 6.2% on the day—although still down 5.4% over the week. Ethereum (ETH), the […]Read More

Bitcoin

What “Green Bitcoin” May Mean for the Crypto Mining Industry

Breaking Down What “Green Bitcoin” May Mean for the Crypto Industry  London-based cryptocurrency firm Argo Blockchain recently announced plans to create the world’s first clean energy Bitcoin mining pool. The firm confirmed its partnership with DMG Blockchain Solutions to launch the world’s first Bitcoin mining pool powered by clean energy.  Bitcoin’s Energy Consumption Continues to […]Read More

Bitcoin

Why Bitcoin Investors Aren’t Likely To See Green

Bitcoin price is struggling to keep above $55,000 at the moment, after a rejection from new record highs set above $60,000 over the weekend. A massive Monday selloff has extended days now, into the Wednesday St. Patrick’s Day holiday – a day typically known for all things green. Historically, Bitcoin investors on St. Patricks Day […]Read More