Crypto traders have been cashing in their holdings recently. Coinglass has revealed that over $340 million in cryptocurrency was liquidated at the beginning of the week.
bitcoin mining
El Salvador Plans To Use Volcanoes To Generate Electricity For Bitcoin Mining
The president of El Salvador announced that the country’s state-run geothermal energy utility would begin using power derived from volcanoes for Bitcoin mining.
Bitcoin Price Tumbles After Musk Tweets Concerns Over Fossil Fuel Use In Crypto Mining
Ether and Dogecoin also slid and the rush to sell caused brief outages at some cryptocurrency exchanges.
Bitcoin Mining Uses More Energy Than Mining Gold And Platinum Combined
Researchers have also found that Bitcoin mining is more energy-intensive than mining both gold and platinum.
Economic Left 