Mining

Why Elon Musk is Pushing Renewable Energy for Cryptomining

The ‘Dogefather’ Elon Musk  delivered his ultimatum on Sunday, essentially. 

It’s pretty easy to see why. When the goal of your business is to reduce fossil fuel consumption, it’s important to take a lead. Elon Musk’s tweets about Bitcoin are the all-time best example of just how much power he holds. 

There are many things we can admire Elon Musk for, and chief among them is this move. Regardless of what our personal opinion is, he purposely took a risk in order to take a stance.

Also, he’s not wrong. …

Read The Full Article On CryptoCurrencyNews.com

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Related posts

Public Bitcoin miners’ hash rate is booming — But is it actually bearish for BTC price?

admin

Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcy

admin

Has New York State gone astray in its pursuit of crypto fraud?

admin

Leave a Comment