NEW!Incredible offer for our exclusive subscribers! Read More

Elon Musk Posts New Tweet on Bitcoin Energy Consumption, Confirming Tesla’s BTC Rejection

1 Mins read

Elon Musk insists on Bitcoin being an non-eco-friendly cryptocurrency, as he has just posted a tweet with a chart, showing a massive surge in Bitcoin energy consumption in the recent months. Thus, he has provided basis for Tesla rejecting Bitcoin payments.

Earlier today, he announced that Tesla stops accepting Bitcoin as payments for its e-cars due to Bitcoin being too much energy consuming.

The company would not be selling the BTC it is holding, Musk tweeted, however, Tesla is going to look into other crypto to replace BTC as means of payment.

Related posts
AltcoinsBTCBusinessCryptoETHMiningNewsOtherStock collaborates with to offer Crypto services for its users

1 Mins read has collaborated with to give crypto gamblers with a top-tier exchange where they can deposit, sell, and even convert Crypto…
AltcoinsBTCBusinessCryptoETHOther staking platform with the best percentages or is it a temporary phenomenon?

1 Mins read
As it became known, tradex-wallet announced the announcement of a new staking program, rewards and large payouts for staking, the platform raffles…

Cryptwex & 15 More Crypto Exchanges Face Ire of South

2 Mins read
Sixteen international crypto exchanges. Including and the Mexican heavyweight MEXC. Have landed in hot water with financial regulators. For failing to comply with local guidelines….
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *