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Bitcoin(CRYTPO: BTC) has been taking heat for the massive amounts of energy required to mine new tokens and to verify transactions made with existing tokens.
While this issue has been around for years, it’s getting worse as Bitcoin’s energy use continues to increase alongside its growing popularity.
Tesla Inc‘s (NASDAQ: TSLA) Elon Musk recently brought the token’s huge carbon footprint to the world’s attention. Musk said that Tesla wouldn’t sell its Bitcoin holdings – originally purchased for US$1.5 billion. However, he added his company would no longer accept Bitcoin for payment until it was powered by cleaner energy sources.
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VANCOUVER, British Columbia, May 21, 2021 (GLOBE NEWSWIRE) DMG Blockchain Solutions Inc. (TSXV:DMGI) (OTC:DMGGF) (FRANKFURT: 6AX) ( DMG or the Company ), the only vertically integrated blockchain and cryptocurrency technology company, is pleased to announce that its CEO, Sheldon Bennett will host a conference call to review second quarter 2021 financial results and provide a corporate update Thursday, May 27, 2021 at 4:30 pm EDT.
Participants are asked to pre-register for the call through the following link:
Please note that registered participants will receive their dial in number upon registration and will dial directly into the call without delay. Those without Internet access or unable to pre-register may dial in by calling: 1-866-777-2509 (U.S. toll free),
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