During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most are relying on unreliable and old data from a few years ago. On July 1, 2021, the recently formed Bitcoin Mining Council published a report that claims 56% of the hashrate uses sustainable energy resources.
Will Elon Musk Bend? Report Claims Bitcoin Miner Energy Consumption Mix 56% Sustainable
Bitcoiners are hoping Elon Musk has noticed a new report published by the Bitcoin Mining Council (BMC) that shows more than half of the hashrate leverages sustainable energy to mine bitcoin. BMC published the report on July 1, 2021, and as soon as it was online posts about Elon Musk changing his mind started to appear.
“Tesla said they wouldn’t again accept BTC until energy consumption reached 50% from renew
Solana’s Wrapped Bitcoin Price Craters After FTX Shuts Exit Ramp
A Solana-based crypto asset tied to the price of bitcoin collapsed in value Friday after CoinDesk reported that…
