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Bitcoin bulls defend mining in letter to EPA and Wikipedia ends crypto donations: CNBC Crypto World


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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Darin Feinstein of Core Scientific explains why he chose to co-author a letter to the EPA defending bitcoin mining. The letter follows a similar move from congressional Democrats urging the EPA to investigate the mining industry.

00:00 – CNBC Crypto World, May 2, 2022
0:24 – Bitcoin, Ethereum rise
0:40 – The headlines
2:07 – Darin Feinstein of Core Scientific
7:45 – One last thing

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Bitcoin bulls defend mining in letter to EPA and Wikipedia ends crypto donations: CNBC Crypto World

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23 Comments

  1. <I am a bit of skeptic, but know a lot of aspects about BTC. So, let's make few things straight – BTC is an investment asset – like gold, it's scarce, but it's easier to acquire it and big players like pay-pal and grayscale are holding it, same with a lot of banking institutions, hedge funds and masses of people Self-host wallet btc owner whales have a hard time selling it without doing KYC and in some cases, this can wreck them financially. People lose access to their btc wallets which makes that btc frozen for all time. The Hype and FOMO is on the rise and most people only buy and holding with btc. I mean you have to understand that normal stock market fundamentals don't apply here. It's not a 2017 – 2018 scenario. The regulation added to BTC can actually even make it more desirable(although have a minus). Basically, anything that could stop the mooning of btc imo would be extreme regulation restrictions and also better investment opportunities discovered by btc owners.However , it’s is best advice you find a working strategy/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with Mr. Larry Curtis daily signals and strategy, him guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 4weeks of trading with Larry Curtis daily signals growing 1.5 BTC to 6.7 BTC. His daily signals are very accurate and yields a great positive return on investment and is available to give assistance to anyone who love crypto trading, you can contact him on Telegram @larrycurtistrade. * * for inquires and profitable trading systems.

  2. <I respect your work mate, because you are pointing people in the right direction. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple". The market is very unstable, all thanks to Bobby Lucas, for his amazing skills for helping me to earn 9 BTC from 3 BTC through day trading.

  3. It just generates electricity, that’s someone else’s problem. This is great historical footage for after this craze is over.

  4. Hopefully Ethereum's upgrade happens successfully. The move to proof-of-stake should massively tackle energy consumption used by the cryptocurrency.

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  6. The guy payed with bitcoin funds, talking about energy use of bitcoin, mentioning the word BIAS hahaha

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  10. Traders should avoid attempting to predict trend reversals, or even worse, I believe there is more to this market than we currently understand. When people are losing, they don't endeavor to increase their average. Using expert Aron Craig. Miner assistance, I've made almost 7 btc on a 1 btc Trade capital over the last 8 months. Things could get worse, so make the wise decision. Markets fluctuate in cycles that might span anywhere from a few days to several years. In the case of B -TC, it's difficult to make a bullish case merely by glancing at the chart. It's a lot more complicated than some people want you to believe.You can reach Aron on ͲeIєɠɾαm👉Aroncraigsignal.

  11. many fail to think big on bitcoin and they keep telling me we will never see a new ATH again… i cannot help but laugh every time i have heard this on the last few major drops over the years. A new ATH will come!!!

  12. At this point, Cryptocurrency has seemingly minimal utility……they’re polluting the world by emitting green house gasses (thru power consumption)!?!

    Focus should be on conservation, making responsible decisions on power generation going forward, the crypto’s contribution to depleting our world of critical resources, and adding to e-waste waste problems of the future, etc.

    Similar arguments can be made for EV’s…..

  13. I'm new to Crypto. Please how can I make more profitable investment in crypto without incurring much losses?

  14. The government is letting alt coins figure it all out before taking it all over then outlawing all other nongovernment coins.

  15. The crypto market has been unfavorable in the past weeks, I’ve lost a lot of money already and I'm most certainly impatient right now,How can i ever make a profit in cryptocurrency.

  16. Wikipedia is a disinformation and misinformation machine of the left anyway. Hope it disappears.

  17. Although< I have interests in global economics I don't watch the news anymore… I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 23` btc from day trading with Oliver Miguel Signal in a few weeks, this is one of the best medium to backup your assets incase it goes bearish…. For crypto related issues

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