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Daymak to Launch Crypto Mining Vehicle by 2023
3.6.2021
Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies. According to the specs, it will also feature solar charging to lessen the load on the battery while driving. The company, which has only offered the...
Apparently Tesla Cars Have Enough Graphical Horsepower To Play Cyberpunk 2077
2.6.2021
You shouldn’t take a call while driving, you shouldn’t text while driving, and you certainly shouldn’t game while driving. And yet, that’s exactly what you might be able to do with the Tesla Models X and S. As spotted by The Gamer, bazillionaire Tesla CEO and failed Deus Ex cosplayer Elon Musk...
Bitcoin and Ethereum fees slump to six-month low
1.6.2021
Bitcoin and Ethereum transaction fees have declined down to $7.20 and 4.80 respectively
Number of Bitcoin wallets holding 100-1K BTC soars after Tesla's $1.5B buy-in
27.5.2021
New data shows a dramatic rise in the number of Bitcoin wallets holding anywhere between 100 BTC to 1,000 BTC, but there may be a catch
Little Green Mining Hood or the Big Bad Wolf: Musk’s Sustainability Play
27.5.2021
Recent announcements and actions by Elon Musk surrounding bitcoin mining sustainability raise questions about the reasoning and motivations of Tesla’s Technoking. Is it possible that Musk is playing a calculated marketing game to introduce a Tesla mining solution? The World of Bitcoin Mining...
Elon Musk reminds followers he really isn’t Dogecoin’s master
26.5.2021
Musk's tweets have been credited with markedly influencing the value of the meme cryptocurrency
Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrative
26.5.2021
Michael Saylor has provided more context on the Mining Council, and hopes to combat the anti-crypto narrative with greater Bitcoin mining transparency
Powers On... Why the SEC, CFTC or FTC needs to check in on Elon Musk’s frenzied crypto tweets
25.5.2021
Elon Musk, here we go again: It is not the first time his reckless tweeting has caused serious problems, but this time they’re for crypto
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
25.5.2021
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door...
Can blockchain ever be part of the solution for tackling climate change?
25.5.2021
Because of Bitcoin, blockchain’s impact on the climate has come into sharp focus. But can this technology actually be part of the solution for saving the environment?
Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage
24.5.2021
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned...
Comparing the True Costs of Gold Mining in Africa With Those of Bitcoin Mining
24.5.2021
When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the crypto asset tanked. In justifying this decision, Musk cited bitcoin mining’s inefficient use of electricity as well as its impact on the environment. In fact...
Elon Musk Reaffirms His Crypto Allegiance
23.5.2021
Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that...
NYU Professor Says Elon Musk Is Attracting Regulators to Crypto — Regulatory Action Expected in 30 Days
23.5.2021
NYU Professor Scott Galloway says that Tesla CEO Elon Musk is drawing additional scrutiny and regulators to the crypto space. He expects the U.S. Securities and Exchange Commission (SEC) to respond to Musk’s action in the next 30 days. Furthermore, the professor expects to see a Musk coin...
Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’
22.5.2021
Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather” has been working with dogecoin devs “to improve system transaction efficiency” after Tesla...
Who Owns the Mystery Dogecoin Whale Address? Robinhood’s CEO Dismisses Speculation
21.5.2021
Dogecoin has been the talk of the cryptocurrency town for months on end and in recent times, crypto enthusiasts have been discussing the largest holder in the Dogecoin economy. An address with 36.7 billion dogecoin has recently amassed 797 DOGE this week and 3,755 coins during the last month....
Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout on ‘Overleveraged Positions’
21.5.2021
Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the overall market valuation of all coins in existence has jumped back to $1.75 trillion on Friday. Bitcoin...
Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas
21.5.2021
On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2...
Even The Mormon Church Made Money On GameStop
19.5.2021
The Church of Jesus Christ of Latter-Day Saints (known to everyday people as the Mormons) made bank off the boom in GameStop stock earlier this year, new SEC filings reveal. The Church saw a gain of over 900% on stock owned through its secretive investment arm, Ensign Peak Advisors.Read more
Crypto Flash Crash: Recovery, Unavailable Exchanges & Tesla's 'Diamond Hands'
19.5.2021
On Wednesday, what initially appeared as another usual sharp correction in the crypto market, suddenly turned into a less usual flash crash, once again marked by exchange outages and sharp rebound, while professional investors educate newbies, and Elon Musk claims that Tesla has not sold their...