Page 24 - கேம்பிரிட்ஜ் பிட்காயின் மின்சாரம் நுகர்வு குறியீட்டு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

arrow If Bitcoin were a country, it would rank 27th in terms of energy consumption. Thiago Prudencio/SOPA Images/Shutterstock Mayoral contender Andrew Yang wants New York City to capitalize on the Bitcoin boom. The cryptocurrency has seen a 963% increase over the past year, setting a record valuation near $61,000 in March. (Tesla’s 1.5 billion dollar investment helped spur the rise at the beginning of 2021.) Yang tweeted on February 11th, “As mayor of NYC - the world’s financial capital - I would invest in making the city a hub for BTC and other cryptocurrencies.” The former presidential candidate has also tweeted about climate change, calling the issue “a matter of life and death,” hence why New Yorkers were quick to point out the energy consumption controversy that has some environmental experts concerned about future fallout from the cryptocurrency’s meteoric rise.

New yorkUnited statesFrance generalAndrew yangGarrick hilemanTara shirvaniDavid gerardCamilo moraAlec perkinsUniversity of cambridge bitcoin electricity consumption indexUniversity of hawaiiEcosocialist working groupLondon school of economicsEuropean bankNew york cityNew yorkers