FreeBitcoin

Posts Tagged Pandemic


Fracking Companies Pivot to Mining Bitcoin as Pandemic Woes Continue to Bite

By on Wednesday, March 31st, 2021 | No Comments

Bitcoin is often slammed over its high electricity consumption. Critics argue this is wasteful and unsustainable in the long term. However, in an unusual twist to the environmental debate, it turns out that fracking companies are utilizing waste gas to power Bitcoin mining rigs. Bitcoin Mops up Waste Gas The shale industry is in a […]

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Bitcoin Sell-Off Worsens as US Jobless Claims Hit Pandemic Low; What’s Next?

By on Thursday, March 25th, 2021 | No Comments

Bitcoin edged lower Thursday after the jobless claims in the United States reached their lowest level of the pandemic, confirming that the country’s economy is recovering at a faster rate. The benchmark cryptocurrency fell to as low as $ 50,305 ahead of the New York opening bell, continuing its decline from the previous five sessions […]

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