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What Is The Effect Of Bitcoin Mining Energy Consumption 2021?

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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

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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 …

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How Is The BTC Price Affected By Musk’s New Tweet?

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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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Bitcoin Vs Ethereum Performance: Who Is Better?

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Bitcoin started its journey in 2009 when its initial value was around one cent per Bitcoin. In 2010 it rose to $1 and since then the value has risen to $64,000 in a remarkable journey. The same was the case with Ethereum. Ethereum is a blockchain based open source platform …

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Know The Litecoin Price Prediction For June 2021 & Beyond

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Litecoin’s digital currency was up by more than 140% in 2020, in spite of a recent fall that reduced the value of assets to about $50 per LTC. The Litecoin price has seen many fluctuations since the time it was launched. The price of Litecoin (LTC) started at $3 and …

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All You Need To Know About New El Salvador Bitcoin Law

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On June 9, Wednesday, the legislative assembly of Salvador created history by officially accepting Bitcoin as a legal tender. They had three fourths of the legislature voting for their favour. If the El Salvador Bitcoin Law works as expected then it has the potential to alter El Salvador into one …

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