Both Bitcoin and Online Shopping Are Poor for the Environment
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INDIANAPOLIS, May 13, 2021 /PRNewswire/ Bitcoin mining and online shopping are both having a negative impact on the environment. Recent news coverage highlighted the adverse impact of Bitcoin mining on the environment, said John Rulli, Chief Adminstrative Officer, Simon. We want to take this opportunity to reinforce that online shopping is also negatively impacting the environment. Where you shop matters. Stores are the most sustainably friendly option in retail, and shoppers can help the environment by doing what they like best shopping with friends and family at the favorite shopping center.
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- Financialnewsmedia.com News Commentary
PALM BEACH, Fla., March 11, 2021 /PRNewswire/ Bitcoin was the first and is still most well-known cryptocurrency. People were skeptical at first but the cryptocurrency tidal wave hard to ignore! Despite Bitcoin being well known amongst traders for its price swings, many believe that this leading digital currency is here to stay. The beginning of the pandemic immediately sparked rumors about a new financial crisis hitting the globe with all its might. Indeed, nobody knew how long it would take the world to combat COVID-19. The government started the money creation process, and the US dollar index slid to the lowest level for the first time in the past few years. As the market hates uncertainty, the whole world froze, awaiting election results. Stock market and gold prices dropped again as a natural response to the election season, and everyone expected Bitcoin to follow the same falling trend, but it didn t. A recent report from an indu
Predictions Point to Bitcoin Could Quadruple In 2021 Similar to the 2017 Parabolic Rally
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PALM BEACH, Fla., Feb. 17, 2021 /PRNewswire/ Bitcoin was created in 2009 as the first decentralized currency to run on Blockchain technology. It has become notorious for price swings that often make news headlines and grab the attention of financial traders. It has also led to the creation of other digital currency such as Ethereum, Ripple XRP and Litecoin. Bitcoin even has other cryptocurrencies that were created when nodes chose not to upgrade to the latest protocol, creating a new currency out of Bitcoin s old protocols, such as Bitcoin Cash ABC. Despite Bitcoin being well known amongst traders for its price swings, many believe that this leading digital currency is here to stay. While some experts in the field see problems ahead with Bitcoin, while others still see the future as rosy as its past performances… with even higher projections. One suc
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LONDON, Jan. 28, 2021 /PRNewswire/ Bitcoin SV s (BSV) Scaling Test Network (STN) hit a new record this week, processing over 9,000 transactions per second at one point on January 26. Its previous record was ~6,500 tps in December 2019. Despite being a testing network, the STN shares most of its technical capabilities with the BSV mainnet once again disproving the notion that Bitcoin can t scale on-chain.
To put that into perspective, the BTC network (which many still incorrectly insist on referring to as Bitcoin ) limits its block sizes to 1-4MB, permitting a maximum 7 transactions per second (it s more like 3-4). That s not seven thousand… but seven. No blockchain asset has a hope of gaining use as a world currency, global payment settlement layer or for everyday payments at such a low capacity, and it can cost over $10 or even $20 to send a single BTC transaction of any amount.