Key Takeaways Senator Elizabeth Warren slammed Bitcoin’s energy consumption during a Senate Banking Committee hearing on the potential development of a CBDC. Crypto’s loudest critics often point out the environmental… Read more »
NexGen Energy (NXE) is a Canada-based company with a focus on acquisition, exploration, and development of Canadian uranium projects. The company owns a portfolio of prospective uranium exploration assets in… Read more »
Key Takeaways Bitcoin will survive despite the recent criticisms surrounding the network’s environmental impact, Iris Energy Pty says. The cryptocurrency space has been the subject of debate in recent weeks… Read more »
BTC miners in Argentina are thriving by taking advantage of cheap, subsidized energy. Countries with low utility rates have been great spots for crypto miners, and the resurgence of capital… Read more »
Key Takeaways Sichuan’s energy sector regulator has called a meeting to analyze the impact of banning Bitcoin mining. The decision is difficult as miners help electricity providers earn revenue from… Read more »
Brad Garlinghouse weighs in on the Bitcoin energy debate by saying Ripple is a more energy-efficient alternative to the leading cryptocurrency. Speaking to CNBC, Garlinghouse said Elon Musk’s U-turn on… Read more »
Nel ASA is a Norwegian heavy electrical equipment company. It provides solutions for production, storage and distribution of hydrogen from renewable energy sources. Founded in 1927 and headquartered in Oslo, Norway,… Read more »
Amid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network. Michael Novogratz’s cryptocurrency firm,… Read more »
Tesla — a top 10 company in the Fortune 100 that is run by one of the world’s wealthiest people, Elon Musk — transferred $1.5 billion of its treasury cash… Read more »
Some of Bitcoin’s most prominent backers have sought to make the case for Bitcoin’s environmental efficiency, with a collaborative paper from researchers at financial services firm Square and investment manager… Read more »