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The energy usage and environmental impact of Bitcoin (BTC) mining have been frowned upon and been under the scanner by various international financial institutions. The International Monetary Fund (IMF) mentions how Bitcoin mining consumes “vast amounts of computing power and electricity.”Bitcoin mining is an energy-consuming process, as it is a
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[sociallocker id="55298"] Both bitcoin and oil were relatively calm Monday, but that when it comes to volatility over the past couple of months, it’s crude, the backbone of global industrialization, that’s seeing wilder swings as of late. Bitcoin (BTC) was changing hands around $9,575 as of 20:00 UTC (4 p.m. EDT),
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Since oil futures crashed earlier this week – some hitting negative prices for the first time ever – the crypto world has been enjoying the fact that bitcoin suddenly appeared to be a relatively stable asset.Markets were shocked when the May futures contract on the West Texas Intermediate (WTI) crude,
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