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Category: Energy

bitcoin

Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight

Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. The mining industry cleanup is expected to continue till the end of June. […]

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Electric Car

Elon Musk made an average of $383 million every single day between April 2020 and April 2021; to become a trillionaire in 5 years if last year’s trajectory were to continue

Tesla CEO Elon Musk is currently the second richest person in the world and bitcoin’s biggest influencer. As we noted last week, cryptocurrency lives and dies by Elon Musk’s tweets. While some crypto investors accused Musk of abandoning bitcoin a…

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