A new war of words has triggered on Twitter between the two business tycoons Elon Musk and Jack Dorsey, who are currently in opposite camps with their views on Bitcoin. Earlier on Thursday, June 24, Dorsey announced “The B Word” community to expand the Bitcoin development and push further its use among institutions and companies.
On Thursday, June 11, MicroStrategy chief Michael Saylor officially kickstarted the newly formed Bitcoin Mining Council thereby inviting industry players. The Bitcoin Mining Council basically aims to shift the dynamics of the crypto mining industry by moving towards energy-efficient mining solutions. Inviting different industry players, Saylor said that the Bitcoin Mining Council will serve as
China’s biggest mining rig manufacturer Canaan has appealed to Chinese authorities to reconsider its indiscriminate ban on crypto mining activities in the country. Last month, China’s State Council announced a ban on Bitcoin and crypto mining operations leading to a major downfall in the crypto market. China has been one of the biggest destinations controlling