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As Bitcoin Looks to Go Green, Some Miners Look to Nuclear Power as a Possible Solution – NBC 6 South Florida
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As Bitcoin Looks to Go Green, Some Miners Look to Nuclear Power as a Possible Solution – NBC 5 Dallas-Fort Worth
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“SpaceX, Tesla and I own bitcoin,” he said during a conference hosted by the Crypto Council for Innovation last Wednesday, adding that he also owns ethereum and dogecoin. “We’re not selling any bitcoin, nor am I selling anything personally nor is SpaceX selling any bitcoin.”
Musk’s confidence in the cryptocurrency sent the price of the coin skyward last week, reaching a high of about $32,800 USD before inching downward, according to
Coindesk. Ethereum and dogecoin also saw increases of about 13 percent each.
He also said that Tesla may resume accepting bitcoin if it moved away from fossil fuels.
Elon Musk tweet pushes Dogecoin prices up again
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Daily Times
July 26, 2021
Tesla founder Elon Musk said Wednesday he personally has invested in bitcoin and other cryptocurrencies but that he does not manipulate or “dump” the digital currencies. In a wide-ranging online panel discussion that included Twitter and Square founder Jack Dorsey, Musk said he believes in cryptocurrencies as a way to “increase the power of the individual in relation to government,” and that he has invested in ethereum and dogecoin in addition to bitcoin. Musk said he loses money when the value of bitcoin or other cryptocurrencies declines but that he has not been selling despite the volatility. “I pump but I don’t dump,” he told the forum sponsored by the Crypto Council for Innovation. “I would like to see bitcoin succeed.” Musk said he expected that Tesla would resume auto sales in bitcoin which he suspended over concerns about high energy use for “mining” of the cryptocurrency. “Tesla’s mission is accelerating the advent of sus