Powered by WPeMatico
Category: Elon Musk
Auto Added by WPeMatico
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned renewable usage. The meeting was hosted by Microstrategy CEO Michael Saylor. Elon Musk and […]
Vitalik Buterin Criticizes Elon Musk’s Idealistic Take on Cryptocurrency, Details Limits on Blockchain Scalability
Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper where he details the limits of blockchain scalability. Buterin touches on three subjects: storage, bandwidth, and computing power, commenting on their limits with today’s tech. Vitalik Buterin Criticizes Elon Musk’s Simplistic Take Vitalik Buterin, […]
Powered by WPeMatico
Bitcoin Mining Council emerges following meeting with Michael Saylor and Elon Musk
The CEO of MicroStrategy brokered a successful meeting between Elon Musk and North American Bitcoin miners.
Powered by WPeMatico
Dead cat bounce? Ethereum jumps 20% while ETH inflows to exchanges soar
One key on-chain indicator provides a bearish outlook for Ethereum’s native token.
Powered by WPeMatico
Tesla and MicroStrategy slowly losing Bitcoin shine
Bitcoin was as good for Tesla and MicroStrategy as they were for it — but the benefits are starting to wane for Bitcoin’s corporate flirtees.
Powered by WPeMatico
Comparing the True Costs of Gold Mining in Africa With Those of Bitcoin Mining
When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the crypto asset tanked. In justifying this decision, Musk cited bitcoin mining’s inefficient use of electricity as well as its impact on the environment. In fact, before Musk waded into this debate, many opponents […]
Powered by WPeMatico
Vitalik: Why Elon Musk’s plan for scaling crypto 10x is ‘fundamentally flawed’
Elon Musk’s claims of Dogecoin’s superiority has sparked a discussion on scaling from Ethereum’s co-founder.
Powered by WPeMatico
Rich Dad Poor Dad’s Robert Kiyosaki Urges Crypto Investors to Buy the Dip, Says ‘Stop Whining and Take Action’
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” says now that bitcoin is “crashing,” it is a buying opportunity, especially for those who said that they could not afford it before. Alternatively, he said they can “Buy coins that outperform bitcoin for pennies,” reiterating that the Fed, Treasury, and Biden are the problems, […]
Powered by WPeMatico
Elon Musk Reaffirms His Crypto Allegiance
Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that was seen as a clear rebuff from his earlier statements where he […]
Powered by WPeMatico
Greenpeace Has Stopped Accepting Bitcoin Donations Due to Network’s Environmental Impact
Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs to add bitcoin to its donations arsenal, has now backpedaled due to the growing energy consumption of the underlying network powering the asset. Greenpeace Stops […]
Powered by WPeMatico