Elon crashes Bitcoin – The Bitcoin mining energy debate begins
Elon Musk tweeted today that Tesla has suspended vehicle purchases using Bitcoin. He said that Tesla is concerned about the rapidly increasing use of fossil fuels for Bitcoin mining.
The link will open a new window. Click the menu and down arrow to download the file.
Podcasts available on
Elon Musk tweeted today that Tesla has suspended vehicle purchases using Bitcoin. He said that Tesla is concerned about rapidly increasing use of fossil fuels for Bitcoin mining. In response the crypto markets crashed with Bitcoin falling 12% to $49,000. In this podcast, Andy reacts to Elon’s tweets and suggests some resources that argue that Bitcoin mining incentivises a renewable energy future.
Supporting links:
Bitcoin is key to an abundant energy future
The Investors Guide to Bitcoin and the Environment
If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
Planning your 2024 crypto-media spend? Brave New Coin’s combined website, podcast, newsletters and YouTube channel deliver over 500,000 brand impressions a month to engaged crypto fans worldwide.
Don’t miss out – Find out more today