Bitcoin Actually Uses WAY Less Energy Than the Banking System, a New Paper Says
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submitted by /u/KingOfNumismatics [link] [comments]
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Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was coincidentally bypassing the controls from the local power utility company to siphon energy from the main grid, stealing thousands of pounds in the […]
Bitcoin price failed to clear the $37,000 resistance against the US Dollar. BTC is declining and it remains at a risk of more losses below $34,000. Bitcoin is facing a lot of hurdles near the $36,000 and $37,000 resistance levels. The price is currently trading well below $37,000 and the 100 hourly simple moving average. […]
RenVM’s latest upgrade includes support for Fantom’s blockchain, bringing popular crypto-assets BTC, BCH, DGB, DOGE, FIL, Zcash and LUNA to Fantom’s ultra-fast, low fee DeFi ecosystem. Fantom users enjoy significantly reduced transaction wait times and greatly decreased transaction fees. But unfortunately, users holding native assets on the other major blockchains don’t have that ability, until […]
A Chinese economist and assistant director at the International Monetary Institute of Renmin University, Qu Qiang, has predicted that “We’re all going to die” if bitcoin becomes widely adopted as a currency. He foresees our society falling into “a death spiral of deflation,” noting that “the whole society is going to shrink and self-explode.” We’re […]
submitted by /u/Chritz [link] [comments]
I just spent 2 weeks moving money out of a big financial institution and into my crypto brokerage. 2 weeks. Wire transfer fees, limits, and processing times. Then, 24 hours into a wire something is flagged due to "suspicious activity." Cool, I get it, and I appreciate the security. But phone calls and wasted time…
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