Banking system consumes two times more energy than Bitcoin: research

Amid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network. Michael Novogratz’s cryptocurrency firm Galaxy Digital released a report Friday titled “On Bitcoin’s Energy Consumption: A Quantitative Approach to a Subjective Question,” providing open-source access […]

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The first of many flippenings

The blockchain is a database which keeps every bit of data that users transact. In BTC, the maximum amount of data that can be written per 10-minute block is about one megabyte, or roughly six megabytes per hour. In BSV, there is no protocol limit, and no known practical limit. […]

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Is Crypto Twitter Getting Sick of Elon Musk?

Over the past 24 hours, cryptocurrency’s collective market cap has dropped approximately 10 percent, falling from $2.3 trillion to approximately $2.08 trillion. The losses aren’t centralized to any specific asset or group of assets–this Monday morning, cryptocurrency markets are seeing red across the board. Indeed, BTC is down more than […]

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