Browse By

Tag Archives: bitcoin

After promoting Bitcoin in the past few months, Elon Musk stepped back and caused prices to crash. While the billionaire causes the price to drop, MicroStrategy takes the opportunity to buy 271 BTC.

Tesla drops Bitcoin price and MicroStrategy buys in the fall

After promoting Bitcoin in the past few months, Elon Musk stepped back and caused prices to crash. While the billionaire causes the price to drop, MicroStrategy takes the opportunity to buy 271 BTC. On Wednesday (12), the executive announced that Tesla will no longer sell

Goldman Sachs releases Bitcoin investments to Wall Street

Goldman Sachs releases Bitcoin investments to Wall Street

In recent months, the United States banking giant Goldman Sachs Inc. has devoted more attention to Bitcoin. After “repudiating” Bitcoin as a form of investment in May 2020, the financial institution started to reconsider its position on cryptocurrency. In early March, for example, the bank

Bitcoin mining already consumes more energy than Argentina

Bitcoin mining already consumes more energy than Argentina

According to Cambridge University, global Bitcoin mining operations already consume more energy than the whole Argentina. Mining is the process of creating cryptocurrency. The method is energetically demanding, since it is done using computer components that consume a lot of electricity, as is the case

Bitcoin miners are making $2 million an hour in 2021

Bitcoin miners are making $2 million an hour in 2021

Bitcoin (BTC) miners are generating significant revenue from their work of protecting and validating transactions on the network. So far, in 2021, they have generated more than $6,059 billion in rewards for issuing new cryptocurrencies and transaction commissions. On average, they are generating almost $50

Bitcoin miners had a $1.7 billion revenue in April

Bitcoin miners had a $1.7 billion revenue in April

According to data published on Saturday (1st) by The Block Crypto Website, bitcoin miners generated $1.7 billion in revenue in April. It is the second largest volume registered so far, second only to March 2021, when the activity generated $1.75 billion, an amount 2.86% higher

Paypal says that its demand for Bitcoin "exceeded expectations"

Paypal says that its demand for Bitcoin “exceeded expectations”

Demand for cryptocurrency exceeded PayPal’s initial expectations, said the global payments giant. According to the company, its customers’ appetite for cryptocurrencies was much higher than expected. Now, the company is studying the possibility of expanding its services in the cryptocurrencies world. “The demand for cryptocurrencies