Bitcoin’s Power Compared To Nuclear Reactor By Brazilian Business Leader
According to a recent conference call, Méliuz Chairman Israel Salmen likened Bitcoin to a “nuclear reactor” after the company’s stock saw a sudden surge. Related Reading: Tether’s $120 Billion Treasury Stash Surpasses Germany, Ranks 19th Globally The fintech firm won shareholder approval to become Brazil’s first Bitcoin treasury company. Shareholders backed the shift by a […]
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"The fact that we have nuclear power means that it's very inexpensive power," Suarez said.
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As the bitcoin mining industry grapples with criticism over its energy use, nuclear power is emerging as its source of the future.