Report: Bitcoin Mining Doesn’t Fuel Climate Change, It Benefits the Global Economy

in #news5 years ago

Report: Bitcoin Mining Doesn’t Fuel Climate Change, It Benefits the Global Economy

"The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries such as China, a new study by Coinshares has revealed. The U.K.-based digi..."

Read more: news.bitcoin.com

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Bitcoin Difficulty Dropping as Bitcoin Price Forces Miners Offline

In the wake of crashing bitcoin price and the Bitcoin Cash fork wars, the Bitcoin network’s hashrate and difficulty continue to slide for the second straight month. The decline is the steepest in years, although could signal a price floor for the crypto...

Read more: www.cryptoglobe.com

Bitcoin Kicks off December with 6% Rise After Its Worst Monthly Drop in 7 Years

A month that brought so much joy last year turned out to be the worst this year. November 2017 was the first time bitcoin hit the $7,000 mark and proceeded to finish the month at over $11,000. This year, the story has been quite the reverse. Bitcoin start...

Read more: nulltx.com

U.S. SEC Officials Met With Bitcoin ETF Teams to Discuss ETF Feasibility

Earlier this week, members of VanEck, SolidX, and the CBOE’s BZX Exchange met with various SEC officials to discuss the frequently delayed bitcoin ETF. During their discussion, the ETF issuers aimed to convince the SEC that the bitcoin markets are matur...

Read more: www.cryptoglobe.com

Bitcoin Price Watch: Analyst Says It Will Be a Long Time Before Bitcoin Recovers

Bitcoin has fallen by roughly $200 since our last price piece, but the father of crypto is still managing to retain a position in the $4,000 range. Overall, it’s been something of a mixed time for bitcoin. The currency shot up to $4,300 earlier in the w...

Read more: nulltx.com

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