In the great debate over crypto mining vs. climate, there are two camps. First, the crypto enthusiasts, like Square, say things like, “Bitcoin is key to an abundant, clean energy future”. And then there are the energy wonks, who point out that, if bitcoin mining were a country, it would already be in the top […]
Bitcoin Jumps After Musk Says Tesla Will Accept Crypto When Miners Use Clean Energy
Elon Musk also said that Tesla sold about 10% of holdings to confirm bitcoin could be liquidated easily without moving market. Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy. “When there’s confirmation of reasonable (~50%) […]
