Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify
On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However, there’s a big problem with this goal, as nobody knows exactly how to measure 50% clean energy usage let alone precisely where miners are geographically located. Can Elon Musk’s 50% Clean Energy Goal Be Met? Elon Musk and a number of billionaires have a lot to say these days and it seems Musk can move the price of BTC with a single tweet. It surely....
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On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” Elon Musk And The Green Energy Debate These days, Elon Musk and a slew of other billionaires have a lot to say, and it appears that […]
Quick Facts: 1️⃣ Elon Musk reignited the DOGE ‘energy’ narrative through a response on X to a Bitcoin post. 2️⃣ Gold and silver surged to new highs as investors rotated into ‘hard’ assets amid rising U.S.-China tensions. 3️⃣ Bitcoin’s run to new ATHs is imminent, and Maxi Doge looks like the next contender ready to […]
Crypto mining companies leveraging renewables may also have a much larger impact on clean energy for the environment. Bitcoin (BTC) may be the last thing one might consider when thinking about ways to ensure a clean-energy future. This has especially become the case following a tweet sent by tech entrepreneur Elon Musk back in May, in which he stated that Tesla would stop accepting BTC payments due to the increasing usage of fossil fuels for mining. Yet raising awareness around the high energy costs typically associated with Bitcoin mining didn’t negatively impact the crypto ecosystem — in....
Shortly before Tesla revealed its major bitcoin buy, CEO Elon Musk was pumping doge. But is that funny, or just disingenuous? The post Are Elon Musk’s Dogecoin Tweets Misdirections? Or Just Bad Jokes? appeared first on Bitcoin Magazine.
In the fast-paced world of artificial intelligence, Elon Musk’s xAI is setting its sights on something truly groundbreaking. The company, known for its innovative approach to AI, is looking to scale up the graphics capabilities of its AI model, Grok, aiming to create graphics that rival AAA games. The news has caught the attention of […]