Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2 – Mining Bitcoin News


Bitcoin News 04 July, 2021 - 03:36pm 56 views

Where can I get baby Dogecoin?

It's available on PancakeSwap -- but not any major crypto exchanges. For anyone who wants to get Baby Doge Coin, PancakeSwap is the recommended platform. PancakeSwap is one of the bigger decentralized exchanges (sites where users contribute and trade crypto). To use PancakeSwap, you need to connect a crypto wallet. Motley Fool7 Things to Know Before You Buy Baby Doge Coin

How much is Dogecoin?

The live Dogecoin price today is $0.250314 USD with a 24-hour trading volume of $966,035,993 USD. Dogecoin is up 1.04% in the last 24 hours. The current CoinMarketCap ranking is #6, with a live market cap of $32,613,379,013 USD. coinmarketcap.comDogecoin price today, DOGE live marketcap, chart, and info

If you’re looking for the world’s third richest person, you won’t find him living among the billionaires. After selling off most of his real estate assets and moving to Texas in the past year, Tesla cofounder and CEO Elon Musk revealed in early June that he now only owns one house (in the Bay Area)—and that his primary residence is a tiny box house that he says he rents from his rocket company, SpaceX. 

The house, which is around 400 square feet, is located in Boca Chica, Texas, where SpaceX produces its Starships. Musk, who has a net worth of $169.8 billion according to Forbes, rents a “foldable, prefabricated home” made by Boxabl, a housing startup company. The house, which Musk tweeted sells for about $50,000, typically has a setup akin to a small studio apartment: One large room partitioned into a living room area, bedroom area, kitchen and bathroom. In contrast to many other billionaires who own lavish mansions, Musk lives in an easily transportable 20x20 foot unit. 

“It’s kinda awesome though,” Musk said on Twitter last month.

The 50-year-old mogul first announced plans to sell all of his homes and most of his possessions last year, in response to criticism of his massive wealth. Musk has now nearly made good on his promise to do so, selling six of his seven properties.   

“Only house I own is the events house in the Bay Area. If I sold it, the house would see less use, unless bought by a big family, which might happen someday,” Musk said on Twitter last month. 

A few days later, he confirmed he had put it up for sale: “Decided to sell my last remaining house. Just needs to go to a large family who will live there. It’s a special place.”

The 47-acre property is located in Hillsborough, California—around halfway between San Francisco and Silicon Valley. The “over 100-year-old mansion” is a 16,000 square foot house that boasts nine bedrooms and ten bathrooms. It’s the last piece of real estate that Musk owns: He has listed it on the market for $37.5 million, having originally bought it for $23.4 million in 2017.

Musk has offloaded his Los Angeles real estate in the past year, often at slim profit margins—if any. He sold his first mansion, located on Chalon Road, for $29 million in June 2020; he had purchased it for $17 million in 2012. 

In October, he sold a 2,700 square foot ranch-style house that used to belong to Willy Wonka actor Gene Wilder for $7 million (Musk bought it for $6.75 million in 2013), with the stipulation that the house “cannot be torn down or lose any [of] its soul.” 

In December, Musk sold four Bel Air properties for a combined $61.89 million; He originally spent nearly $55 million on those properties, purchasing them between 2015 and 2019. Overall, Musk has made an estimated profit of $19.2 million on his six home sales over the past year.

Musk’s offloading of real estate comes after a battle with the state of California. The billionaire criticized the state’s coronavirus-related restrictions on operations at the Tesla factory in the Bay Area last year—leading to a lawsuit that Tesla later dropped—and also claimed that the state takes entrepreneurs for granted. In early December 2020, Musk confirmed that he was moving to Texas, citing the fact that two of his biggest projects—Tesla’s new factory and a SpaceX facility-are located there.

It remains unclear whether Musk is renting any other houses in Austin, though. It’s also unknown if he stays with his girlfriend, 32-year-old singer Grimes (who lives in Austin) and their 10-month-old child, X AE A-XII. Musk has five other children with his first wife, Justine Wilson, but it’s unclear where they live.

Read full article at Bitcoin News

Elon Musk is losing his power over the crypto community after his latest tweets failed to boost dogecoin or bitcoin

Yahoo News 04 July, 2021 - 07:43pm

Investors are no longer listening and are realizing his tweets shouldn't be a deciding factor, one trader said.

Robinhood this week said its business could be hurt if dogecoin demand declines.

The "Elon Musk Effect," a phenomenon that roiled the crypto ecosystem this year, when every little tweet from the Tesla boss could send token prices skyrocketing or plunging, seems to be losing its luster.

The billionaire has been a key driver of the volatility in bitcoin and dogecoin after announcing Tesla's $1.5 billion bitcoin bet and praising the meme-inspired asset's potential. More recently, his break-up with bitcoin dragged it back to values not seen since the start of the year.

But coming into the second half of 2021, Musk's influence doesn't seem that relevant any longer.

Musk tweeted in support of dogecoin on Thursday by saying "Release the Doge!" alongside a Godfather-inspired meme depicting actor Marlon Brando. The coin's price lifted slightly, but not as much as it would have a few months ago. For instance, dogecoin surged 20% in May when he ran a Twitter poll to ask whether people wanted Tesla to accept the token as payment.

Musk sent out another tweet on Friday with an image of a man on his laptop, seemingly laser-focused on dogecoin and the game Polytopia on the screen.

"It seems that investors are no longer listening and are finally realizing that the tweets of one man should not be the deciding factor for whether they buy or sell their assets," Alexandra Clark, sales trader at UK-based digital asset broker GlobalBlock, said on Friday.

Several investors have piled into dogecoin via trading app Robinhood, which on Thursday said the meme token accounted for 34% of its crypto revenue in the first-quarter this year. The company warned its business could be adversely affected if demand for the coin declines and isn't replaced by interest in other cryptocurrencies.

As of Friday, dogecoin's price has dropped about 65% to about 24 cents since its peak of 68 cents in May.

Critics have slammed Musk and his tweet storms for sending prices on a rollercoaster and allegedly manipulating the market. With millions investing in cryptocurrencies now, for one individual to have so much power in their hands is potentially dangerous, as it could encourage investors to make decisions based on minimal, or no research.

Ever since Musk's break-up with bitcoin, the world's most popular cryptocurrency has been going through somewhat of a lull. It didn't react much when the billionaire suggested a "promising" outcome of a bitcoin miners' discussion to make the asset more environmentally-friendly, or when he said Tesla would return to accepting it as payment when miners prove they're using 50% clean energy.

Bitcoin was last trading around $33,000 on Friday, down almost 50% from its peak in April. It's still up around 15% so far this year.

It gets hard for investors to make investment and balance the skills to be quick on the uptake to beat the crypto market amid a flow of information from one influential voice. But it seems likely that the crypto community may have grown tired with Musk's tweets, possibly making their influence fade away as just another passing fad.

Read More: The investment chiefs at $1.2 trillion money manager Nuveen spell out 'best ideas' for how investors should build their portfolios in 5 major asset classes for success in the second half of 2021

Read the original article on Business Insider

Bitcoin breaks above $35,000 as whales cause the biggest daily accumulation spike of 2021 with 60,000 worth of BTC being purchased.

All the big brands are included: Beats, Xbox, Shark, iRobot, KitchenAid, Keurig, Ninja, Microsoft, the list goes on and on!

Happy July 4th, everyone! This year, in addition to celebrating America’s independence, we’re also going to help you celebrate your own independence from paying high prices. You won’t believe some of the incredible deals you’ll find in today’s big roundup! Here are the highlights: Super-popular Alexa smart plugs for only $4.87 each with coupon code … The post 10 deals you don’t want to miss on Sunday: $5 smart plugs, Alexa in your car for $20, newest Nest Thermostat for $88, more appeared first

Score epic deals on tech (Samsung!), vacs (Shark!), kitchen gear (Instant Pot!), beauty treats (Clinique!), the list goes on and on...

Bezos' work-life balance will get a bit of a shift when he steps down on July 5. A few days later, he'll head to space.

Because of the evolving nature of the digital threat landscape, constantly evaluating the state of your mobile device security is never a bad idea. New reports from cybersecurity firm Lookout as well as Verizon, for example, reveal a 37% increase in enterprise mobile phishing attacks. Additionally, phishing attacks were the top cause of data breaches … The post iPhone privacy settings: Top tips for securing your iOS device appeared first on BGR.

Despite last year’s splashy release of next-gen consoles, it’s clear the gaming landscape is still in a transitional phase between console generations. Just look at blockbusters like Far Cry 6, Rainbow Six Extraction, Battlefield 2042, and Tales of Arise, which are planned for release on PS4, Xbox One, PS5, and Xbox Series X/S. All the while, true next-gen exclusives, like Returnal or Ratchet & Clank: Rift Apart, remain rare.

A cyber-security firm says it believes the Russia-linked REvil ransomware gang is responsible.

Amazon is running a slew of deals on some of the best Belkin surge protectors you can buy. There are a few HDMI cables and adapters on sale as well, but all the best bargains are on power strips. These are obviously essential accessories for every single person out there. Do you really want to … The post Amazon’s blowing out Belkin surge protectors starting at $7 appeared first on BGR.

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For many of us buying a new TV, sound quality is an afterthought—but it shouldn't be. Out of more than 240 sets in Consumer Reports' TV ratings, most earn no more than a decent score for sound. T...

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Despite the seemingly unstoppable wave of cyberattacks that should teach users to improve their defenses against, not all internet users learn from their mistakes. Some people recycle the same login credentials across different apps and services. Using the same username, email, and password on multiple sites might be convenient. You only have to remember those … The post These 9 Android apps might have stolen your Facebook password appeared first on BGR.

These audio devices will improve your TV’s sound quality, without blowing your budget.

(Bloomberg) -- Just weeks after President Joe Biden implored Vladimir Putin to curb cyber crime, a notorious, Russia-linked ransomware gang has been accused of pulling off an audacious attack on the global software supply chain.REvil, the group blamed for the May 30 ransomware attack of meatpacking giant JBS SA, is believed to be behind hacks on at least 20 managed-service providers, which provide IT services to small- and medium-sized businesses. More than 1,000 businesses have already been imp

WASHINGTON (Reuters) -Hundreds of American businesses were hit Friday by an unusually sophisticated ransomware attack that hijacked widely used technology management software from a Miami-based supplier called Kaseya. The attackers changed a Kaseya tool called VSA, used by companies that manage technology at smaller businesses. Security firm Huntress said it was tracking eight managed service providers that had been used to infect some 200 clients.

Influencers and celebrities support crypto scams, and traders are mad | Cryptopolitan

Cryptopolitan 04 July, 2021 - 12:10am

Cryptocurrencies were a null investment medium initially, but it has gained a lot of popularity for this new year. However, the crypto market has been affected by crypto scams in several aspects.

Some celebrities like Kim Kardashian speak well about crypto and how vital their trade is. But billionaires like Elon Musk speculate on tokens and make their value skyrocket. But not everything is perfect because just as there are promoters of crypto business, there are also scammers.

Gerard, the nickname of a crypto critic, thinks that people have suffered from the Bitcoin crypto scams for a long time, like Xlcoins scams in 2011 or the most recent theft with the Faze token. This latest scam caused many people to participate in a fraudulent contest where the jackpot would be $10,000.

The investor community has shown their discontent over the crypto scams involving celebrities. While not all tokens are not a scam, these new celebrity promotions are. Celebrities use their image and reputation for fraudulent investment offers.

The way scams work, according to Gerard, is by offering payment to celebrities for promotion. Celebrities accept the job offer whether or not the cryptocurrency works.

This crypto scam involving celebrities sets the digital asset community apart. On the one hand, there are the people who blindly trust the new altcoins, and on the other, the intelligent investors. Every month, ten altcoins are created that are advertised by celebrities on social media or the big screen.

 Another topic touched on several times in the crypto community is celebrity speculation. Elon Musk, the SpaceX founder and Tesla CEO, is at the forefront among the cryptocurrencies promoters. Musk has contributed in an excellent way to the crypto market and affects the token’s sentiment.

The billionaire made Dogecoin, the cryptocurrency meme, a top 10 favorite this year. With Musk’s support, the token is trading today at $0.24.

However, Musk has also affected the Bitcoin price after refusing to use it as payment on Tesla vehicles. This happened after he accepted such payments, but then he changed his mind and said that BTC mining was not green. For these actions, the cryptocurrency market is resentful with Musk, and it has been agreed not to pay attention to his speculation.

Crypto investors must ignore advertising for them to emerge in the real crypto market. Crypto scams will decrease over time, and Bitcoin-like another crypto will gain more credibility.

An avid content creator for over 4 years, Carisbel spends her time on blogs and technology news. She honed her skills as a social communicator and now finds crypto and blockchain news events worldwide for transmission through Cryptopolitan's neutral and incisive way.

Copyright © 2020 Cryptopolitan.

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