Warren Buffett is one of the world’s wealthiest people and the CEO of Berkshire Hathaway, one of the largest and richest holding companies in the world. “If you told me you own all of the bitcoin in the world and you offered it to me for $25 I wouldn’t take it because what would I […]
Once the very last Bitcoin is mined, miners will no longer get any reward. In 2020, for instance, blockchain analytics firm Chainalysis found that around 3.7 million coins hadn’t been touched for at least five years. In short, nobody really seems to know the significance of hitting the 19 million mark. But will Bitcoin always […]
The mine is situated on land owned by the Navajo people outside of Shiprock, New Mexico, according to Vice. Despite all that revenue, the community surrounding the mine often live in impoverished conditions, with many going without electricity or running water in their houses, Grist reports. At the heart of the issue is the fact […]
The price calmed back down to around $66,700 at the time of writing, but there’s still plenty of appetite for Bitcoin, and investors are more enthusiastic about the cryptocurrency’s short-term future than ever before. The digital currency is also about to get its first upgrade in four years, called Taproot. …Read the full story
But while you’re holding on to crypto with the hopes of making big gains, you’re tying up money that could be put to work earning interest. Think of it as the inception of money – your money is reinvested to make you more money, which you can then reinvest just the same. By opening a […]
That’s led to growing concerns about cryptocurrencies being bad for a planet already being hit by the impacts of climate change — Bitcoin alone already consumes more energy than several countries — so one farmer is taking an unusual approach to cleaning up the industry. Look, we’re only going to say once that this is […]
Upstate New York has become an unexpected hub of crypto mining lately, Gizmodo reports. With that info in hand, the state government would be able to impose reasonable, well-informed regulations on crypto mining to keep things from getting out of hand if and when the moratorium is eventually lifted. …Read the full story
The value of the digital currency fell to just below $50,000, its lowest since early March. …Read the full story
