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The recent Bitcoin halving has put a spotlight on the popular cryptocurrency—and raised new questions about the environmental footprint of the crypto world. Mining popular digital currencies demands a tremendous amount of energy, and the reduced supply of Bitcoin will spur operations that are centered on that goal to work even harder. That has ...
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I have been quite vocal over the past couple of months about Bitcoin’s tendency to get choppy, volatile and unfriendly whenever it reaches the $60k-$70k zone. And it was no different this time around; Bitcoin entered the usual parabolic phase of the rally, media coverage of it exploded, the record high was achieved – then the inevitable shakeout began. You ...