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Bitcoin Miners Want to Be Environmentally Friendly: Nic Carter

May.13 — Stocks exposed to cryptocurrencies slumped around the world after Elon Musk voiced concerns over Bitcoin’s energy usage. Nic Carter, founding partner at Castle Island Ventures, talks with Bloomberg’s Caroline Hyde, Romaine Bostick and Joe Weisenthal on “What’d You Miss?” about Musk’s comments.

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May.13 — Stocks exposed to cryptocurrencies slumped around the world after Elon Musk voiced concerns over Bitcoin’s energy usage. Nic Carter, founding partner at Castle Island Ventures, talks with Bloomberg’s Caroline Hyde, Romaine Bostick and Joe Weisenthal on “What’d You Miss?” about Musk’s comments.

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43 Comments

43 Comments

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    Energy use is insane for Bitcoin, just use the clean energy for something more useful instead of mining something virtual.

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    • Alantheus Thompson

      May 18, 2021 at 1:15 pm

      Everything uses a ton of energy. Planes, buildings, cities, cell phones, manufacturing. Btc is relatively green compared and the benefits are much more.

    • Jj W

      May 18, 2021 at 1:49 pm

      @Alantheus Thompson Except this is a virtual asset which does not transport anyone anywhere, is not involved in communication, does not produce goods to use. And no, not everything uses tons of energy, a Bitcoin farm can use a millions of dollars in electricity in a month. Having a virtual asset is fine, but it does not have to take tons of electricity to produce it, it goes against one of the key advantages of a virtual asset: sustainability.

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Bloomberg Technology

Halozyme CEO: Evotec Is Poised for Growth

Halozyme CEO Helen Torley joins to discuss the company’s intended acquisition of biotech company Evotech. She speaks with Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get the latest in tech…

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Halozyme CEO Helen Torley joins to discuss the company’s intended acquisition of biotech company Evotech. She speaks with Caroline Hyde on “Bloomberg Technology.”
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Bloomberg Technology

Trump’s Future for AI

Doug Calidas of the Harvard Belfer Center says Donald Trump’s previous administration was encouraging to the AI sector and hopes it will continue as they ramp up US innovations. He speaks with Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg…

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Doug Calidas of the Harvard Belfer Center says Donald Trump’s previous administration was encouraging to the AI sector and hopes it will continue as they ramp up US innovations. He speaks with Caroline Hyde on “Bloomberg Technology.”
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Apple’s Tim Cook May Have Sighed Relief on a Trump Win

Apple’s China reliance may prove to be a vulnerable target for the tech giant under President-elect Donald Trump. Bloomberg’s Mark Gurman says CEO Tim Cook has some maneuvers that could alleviate those worries. He joins Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the…

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Apple’s China reliance may prove to be a vulnerable target for the tech giant under President-elect Donald Trump. Bloomberg’s Mark Gurman says CEO Tim Cook has some maneuvers that could alleviate those worries. He joins Caroline Hyde to discuss on “Bloomberg Technology.”
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