Bitcoin fails to break $41,000 even as ‘green’ crypto mining gains traction. What’s next?

Bitcoin fails to break $41,000 even as ‘inexperienced’ crypto mining gains traction. What’s subsequent?

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The world’s largest cryptocurrency by marketcap is down almost 40% from its all-time highs. And even excellent news is not serving to worth.

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Bitcoin worth crossed the $40,000 area for the primary time within the final two weeks as Tesla CEO Elon Musk joined the refrain for inexperienced alternate options for crypto mining.

Musk tweeted final week that Tesla will begin accepting Bitcoin as cost as soon as once more after 50% of the miners transfer to greener alternate options for Bitcoin mining.  Power consumption has been a controversial matter in current instances, attracting criticism from a number of quarters and creating dangerous press for Bitcoin.

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About the Author: Daniel