United Kingdom-based Bitcoin (BTC) mining firm Argo Blockchain just recorded the best quarter in its history, generating record revenues for three months straight. Yet despite the burgeoning cryptocurrency mining venture emerging in the west, the vast majority of Bitcoin production still takes place in China, where cheap, coal-powered electricity fuels an untold number of … [Read more...] about UK Bitcoin mining revenues soar but China hogs 75% of ‘blood coin’ production
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No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption
Shark Tank and Dragon’s Den personality Kevin O’Leary is taking a stand against what he terms “blood coin,” that being Bitcoin (BTC) mined in China. The investor declared that he would only deal with “clean coin” — coins mined using renewable energy — from now on, and suggested other institutions were starting to do the same.O’Leary took aim at the free-wheeling nature of … [Read more...] about No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption