Category: COINSHARES

Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable In Q2

During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the…

As Bitcoin’s Yearly Inflation Rate Dips To 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate

The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior.…

Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify

On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However,…