News about Bitcoin

by COINS NEWS - 2 years ago

Bitcoin (PoW) Mining Energy Consumption

TLDR: Bitcoin mining currently uses ~0.1% of global energy consumption. Due to its competitive nature and unique properties, bitcoin mining leads to miners setting up or relocating its operations in areas with the cheapest sources of energy. Th...

Cryptocoins News / NewsBTC - 2 years ago

TA: Bitcoin Breaks $47K, Can Bulls Aim $50K?

Bitcoin started a fresh increase above the $45,000 resistance against the US Dollar. BTC even broke $47,000 and is showing positive signs. Bitcoin started a fresh increase after it broke the $45,000 resistance zone. The price is trading above $45,50...