Biden Admin Launches “Emergency” Survey Of Bitcoin Miners’ Electricity Usage
The government fears more Bitcoin miners could come online as Bitcoin’s price increases, applying increased stress to electricity grids.
Andrew is a content writer with a passion for Bitcoin. He became familiar with Bitcoin back in 2013, but began diligently studying the blockchain technology and its economic implications in 2017. Ever since, he’s believed in the network’s power to replace the current global monetary system, and provide financial freedom to billions worldwide.
Contact: Medium | LinkedIn | Twitter
The government fears more Bitcoin miners could come online as Bitcoin’s price increases, applying increased stress to electricity grids.
Polygon Labs becomes the next crypto firm to announce layoffs, but not as a cost-cutting measure.
The exchange has also dropped plans to reboot the exchange given the tattered business that Sam Bankman-Fried left behind.
Police don’t yet know what to do with their record-breaking confiscation.
The partnership makes converting funds from crypto to fiat much easier for users of several popular crypto wallets.
Bitcoin will quadruple in price this cycle from whatever it trades for at the time of the halving, according to
FTX has been dumping GBTC in recent weeks after its discount to BTC restored to parity.
Bitcoin has returned to its lowest price since early December as Grayscale’s Bitcoin sell pressure continues.
A government report’s fine print admits that crypto has limited use for breaking financial law.
Yet another attack strikes a crypto exchange affiliated with Justin Sun – but no funds were lost.