Bitcoin’s Energy Consumption Has Nosedived Since China’s Mining Crackdown

Bitcoin’s energy consumption has halved since China’s crackdown on crypto mining, according to Cambridge University’s Bitcoin Electricity Consumption Index.  Currently, Bitcoin consumes 68 terawatt-hours (TWh) of electricity per year. TWh…

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Mexico’s Finance Minister: Cryptocurrencies Are Prohibited From Being Used in Financial System

Mexico’s central bank, finance ministry, and banking regulator have jointly issued a warning about cryptocurrency. Finance Minister Arturo Herrera emphasized that cryptocurrencies are prohibited from being used in Mexico’s financial…

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