Largest cryptocurrencies mixed as Bitcoin climbs

The largest cryptocurrencies were mixed during morning trading on Wednesday, with Litecoin LTCUSD seeing the biggest move, shedding 2.18% to $68.73. Bitcoin BTCUSD lead the increases with a 0.70% climb to $29,634.05. Four other currencies posted reductions Wednesday. Bitcoin Cash BCHUSD fell 1.73% to $192.17, and Ripple XRPUSD slid 0.60% to 40 cents. Polkadot DOTUSD and Dogecoin DOGEUSD also recorded declines, falling 0.50% to $10.05 and 0.11%…

Read More

Bitcoin mining takes a huge amount of electricity. And the more expensive it is, the more

Researchers at the University of Cambridge have concluded that annual production of bitcoins requires more electricity than a country like Argentina consumes. The fact is that the “mining” of a cryptocurrency includes the active work of computers that check all world transactions with it and spend a lot of electricity. A lot is, according to…

Read More