Electricity Drive: Bitcoin Down Almost 50%
In the past view weeks the price of Bitcoin went […]
Date Posted:
May 31, 2021
In the past view weeks the price of Bitcoin went from $48,000 down to $26,000! Bitcoin lost almost 50%! This trend came after Elon Musk’s Tesla announced to stop accepting Bitcoin.
“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Mr Musk wrote.
“Cryptocurrency is a good idea… but this cannot come at great cost to the environment.”
Climate State is no longer accepting Bitcoin donations, our supporters have to use more classic venues again.
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