Cryptocurrency analysts say at least $13.7m (£10.2m) has so far been donated to the Ukrainian war effort through anonymous Bitcoin donations. Researchers at Elliptic, a blockchain analysis company, say the Ukrainian government, NGOs and volunteer groups have raised the money by advertising their Bitcoin wallet addresses online. More than 4,000 donations have been made so […]
Tag: cryptocurrency
Bitcoin less green since China ban, research suggests
Bitcoin has become less green since China cracked down on mining the cryptocurrency, new research suggests. Mining refers to the process of creating new bitcoins using banks of powerful computers. The share of renewable energy powering mining fell from 41.6% in 2020 to 25.1% last August as miners stopped using Chinese hydro and moved to […]