Connect with us

Hi, what are you looking for?

Videos

Kraken CEO Suggests Musk Needs to Further Explore Bitcoin Mining

Jun.17 — Bitcoin is “much more environmentally friendly than people acknowledge,” Jesse Powell, co-founder and CEO of Kraken Exchange, remarked when asked about Tesla Inc. CEO Elon Musk’s criticism of the digital currency’s power requirements. “I’m not certain how much time Elon has dedicated to this, but there’s room for additional research on this subject,” Powell stated in an interview on Bloomberg Television on Thursday.

Credit: YouTube/Bloomberg Television

You May Also Like

Stocks

Back in April, Tesla and SpaceX CEO Elon Musk made major waves when he announced his intent to purchase the social media platform Twitter...

Stocks

As fears of inflation are affecting the entire United States economy, one sector that’s taking on the brunt of the damage is the housing...

Stocks

As fuel and energy costs increase around the world and especially in the United States, the pursuit for renewable energy resources has become even...

Stocks

Kellogg, one of the largest providers of packaged foods in the United States and the world, has maintained a generally consolidated control of all...