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Daily Archives: May 31, 2021

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Electricity Drive: Bitcoin Down Almost 50%

2021, CO2 Emissions, EnergyBy Chris MachensMay 31, 2021Leave a comment

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…

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