Bitfarms Counters Environmental Criticism of Bitcoin Mining and Grows with NASDAQ

Posted Posted in Bitcoin News

It is still unclear whether bitcoin mining is creating havoc on the environment, or if it’s just a snide criticism that gets good headlines. Bitfarms Ltd., TSXV:BITF, OTC : BFARF) is the largest publicly traded bitcoin mining firm using more than 99% renewable electricity. It’s surprising that the majority of people are leaning towards the latter. Recent […]

Crypto Is Collapsing Again. Buy Coinbase Stock Anyway, One Analyst Says.

Posted Posted in Bitcoin News

Bitcoin and other cryptocurrency are on the decline, with at least 5% falling in the last 24 hours. Shares of crypto-related stocks are under pressure, including Coinbase global (ticker : COIN), down 2.6% to $245 on Thursday. Other crypto stocks also fell, including Grayscale Bitcoin Trust(GBTC), Riot Blockchain(RIOT), MicroStrategy [MSTR], Silvergate Capital (“SI”) and (SQ). There are many […]

Ethereum now has more active addresses than bitcoin in a sign traders are turning bearish on the world’s biggest cryptocurrenc

Posted Posted in Bitcoin News

On Friday, Ether surpassed bitcoin in active addresses. This is a sign of waning demand for the largest cryptocurrency in the world as its counterpart grows in stature. Bitinfocharts data shows that ethereum is leading with 757,859 active address, approximately 49,154 more than Bitcoin, which has 708,705. From its April peak of 1.01 million, the total […]