Ignore The Sun’s alarmist headline: Bitcoin’s “plunging supply” is a feature – not a bug. It’s precisely why so many …
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Bitcoin Mining Is Shockingly Mostly Powered by Green Energy
Posted on Author 4btcnewscom825
By CCN: Contrary to popular opinion, it appears that Bitcoin mining might not be as bad for the environment as people think. In a highly detailed report, CoinShares research reveals that 74% of mining activity runs on renewable energy. “We show that Bitcoin mining is mainly located in global regions where there are ample supplies of renewable electricity available. And…we […]
$10.8 Billion Bitcoin Tussle Heats Up as Florida Court Summons Craig Wright
Posted on Author 4btcnewscom825
By CCN Markets: Craig Wright is to appear in a Florida court next week to contest allegations that he stole 1.1 million Bitcoin from his old friend, Dave Kleiman. Wright had initially appealed to postpone proceedings or be allowed to attend via video conference call. Those appeals were denied by District Judge Beth Bloom, who deemed […]
Major African Insurer Refuses to Cover ‘Risky’ Crypto Mining Equipment
Posted on Author 4btcnewscom825
By CCN Markets: One of Africa’s largest insurer, Old Mutual, announced that it will no longer cover crypto mining equipment due to lack of regulation, wrote IOL on June 12. After researching the industry, the Pan-Africanist financial group discovered a number of reasons that prompted it to make the decision that will not sit well with crypto miners. […]
