Tags : Wrong

Regulation

Miami mayor says New York’s plan to halt Bitcoin mining

A new bill has been introduced in the New York State Senate that proposes to halt Bitcoin (BTC) mining for three years while researchers will be assessing its impact on the environment. Senator Kevin Parker initially presented his proposal, titled Senate Bill S6486, to the Environmental Conservation Committee on Monday. However, it attracted criticism from […]Read More

Market

Nic Carter: What Bloomberg Gets Wrong About Bitcoin Mining

Recently, Bloomberg published a piece calling Bitcoin an “incredibly dirty business.” It’s undeniable that Bitcoin has a carbon footprint. Some bitcoins are mined with non-renewable energy, although plenty is mined with hydro, nuclear, or otherwise-vented natural gas, too. No one contests the externality of bitcoin, although the precise carbon footprint is debated. However, the article, […]Read More