Bitcoin environmental impact grows following post-halving dip
Crypto

Bitcoin environmental impact grows following post-halving dip

For all its ingenuity, Bitcoin mining is an expensive and power-hungry process. The environmental toll of its energy consumption is enormous, and, after a dip following Bitcoin’s halving, it’s back on the up.  After the Bitcoin halving in May—when the reward for mining Bitcoin dropped from 12.5 BTC to 6.25 BTC—lots of unprofitable, inefficient miners […]

Ethereum (ETH) Leading Crypto Markets With Bitcoin (BTC) Lagging Behind, Says Analyst Juan Villaverde
Crypto

Ethereum (ETH) Leading Crypto Markets With Bitcoin (BTC) Lagging Behind, Says Analyst Juan Villaverde

Crypto strategist Juan Villaverde says Ethereum is leading the crypto markets as BTC plays catch up. In a new post, the Weiss Crypto Ratings analyst says that over the past week, Bitcoin has displayed a relatively lackluster performance as altcoins take off. “What’s odd is that Bitcoin (BTC, Tech/Adoption Grade ‘A’) was clearly a laggard, barely […]

Bitcoin friendly Elon Musk is now richer than Bitcoin hater Warren Buffett
Crypto

Bitcoin friendly Elon Musk is now richer than Bitcoin hater Warren Buffett

Tesla CEO Elon Musk’s wealth skyrocketed Friday—making him richer than billionaire investor Warren Buffett.  It’s out with the old and in with the new; the pair hold wildly different opinions about Bitcoin and the future of money and Musk’s tech-first business logic appears to have paid off. Musk’s wealth shot up by $6.1 billion after […]