Bitcoin miners use an estimated 348 terawatt hours of electricity per year, and with the world increasingly moving to renewables, some are asking the question: just where does Bitcoin get its electricity? To answer that question, Visual Capitalist’s […]
Authored by Nik Hoffman via BitcoinMagazine.com, Today, Volcano Energy and Luxor Technology Corporation have officially unveiled Lava Pool, El Salvador’s inaugural Bitcoin mining pool powered by abundant renewable geothermal energy. Volcano Energy, a unique public-private […]
What is bitcoin? Its proponents offer no shortage of answers: peer-to-peer cash. Digital gold. A hedge against inflation. But only in the inner bowels of the bitcoin rabbit hole have mainstream financial institutions begun to […]
Authored by Julian Liniger via BitcoinMagazine.,com, Switzerland values many of the core properties of Bitcoin and now the two are poised to create the future of financial sovereignty together… As a Swiss citizen, it didn’t […]
China deflation, Italian authorities watering down bank-tax threats, and fears about the AI Boom’s reality (SMCI’s comments dragged down NVDA) were the headline narrative-shapers of the day… but all anyone cares about is the giant […]
Ahead of a week full of potential headline-bombs (FOMC, Q2 GDP, PCE…), the day started off – from a macro perspective – to the downside with EU PMIs an utter disaster (growth plunging but inflation […]
The world’s largest asset manager BlackRock reported quarterly earnings early Friday. BlackRock stock faded Friday following results. BlackRock kicked its recent earnings slump with its Q2 results Friday. Earnings bolted 28% to $9.06 per share […]
BlackRock (BLK) CEO Larry Fink said crypto, specifically bitcoin (BTC), could revolutionize the financial system in an interview with Fox Business on Wednesday. “We do believe that if we can create more tokenization of assets […]
Authored by Mike ‘Dr.Doom’ Ho?art via BombThrower.com, I hope everyone has had the time to properly appreciate their first days of summer. If you did not, then I hope your efforts have gotten you closer […]
An odd – holiday-shortened week – with hawkish actions (foreign) and words (domestic) from central bankers; weak macro data globally (US hard data outperformed but ‘soft’ survey data is completely decoupled); the yield curve collapsed, […]
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