Elon Musk, CEO of Tesla recently tweeted saying that Bitcoin mining consumes a lot of energy and it raises a concern for the environment that dropped the price of the digital currency. It is a common fact that Bitcoins are traded without a break in the crypto exchanges 24*7. Activists …
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Everything You Need To Know About Chip Demand And Its Effects
The rise of the popularity of mining cryptocurrencies like Bitcoin has increased the attention on the shortage of semiconductors. These semiconductors are used in computers to mine Bitcoin. While the stock of chips has escalated as the prices have increased for this important technical component, the Bitcoin mining shortage might …
Read More »How Is The BTC Price Affected By Musk’s New Tweet?
The prices of cryptocurrency started to increase on Monday after Tesla’s Chief Executive Elon Musk assured that the electric vehicle maker will again accept digital currency once it is mined more cleanly. Bitcoin is the largest cryptocurrency in the world. So according to various crypto platforms, the BTC price was …
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