Bitcoin Mining Environmental Concerns Manifest in New York

Bitcoin Mining Environmental Concerns Manifest in New York

“Locals to New York’s Seneca lake have raised complaints about the rising temperature of the water since Bitcoin mining firms started operating in the area, according to NBC news. The facilities operated by Greenidge Generation, a Powerplant-Cryptocurrency Mining Hybrid, have increased its electrical output in the plant during the past year and a half. According […]
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Source: Blockonomi

Here’s the downside to ‘trading in and out’ of Bitcoin and crypto

“Liz Young, Head Of Investment Strategy at SoFi, recently shared some advice about when and how to decide which asset classes to allocate in one’s portfolio, during a recent podcast. According to the exec, “The first rule of portfolio construction is to have asset classes that are not correlated to

FTX Exchange Now Valued at $25 Billion Following Successful $420 Million Fundraiser

“FTX cryptocurrency exchange has announced that it has successfully secured $420 million in funding through its series B-1 round from 69 investors, increasing the firm’s valuation to $25 billion, according to a press release on October 21, 2021. FTX Raises Fresh $420 Million Barely three months after completing a series