Bitcoin, BTC, live price is $55,561.00.

bitcoin Bitcoin (BTC)

-0.98% (24H)
Market CapVolumeAvailable Supply
$1,037.10 B $50.51 B18.67 M BTC

Bitcoin, BTC, price is $55,561.00 with a marketcap of $1,037.10 B. Its price is -0.98% down in last 24 hours.

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The Russian Central Bank has suggested a ban on cryptocurrency mining and usage in the country.

It cited the speculative nature and energy usage of cryptocurrencies as primary concerns.

Another exchange has been hacked.

Almost 400 accounts were affected in this latest breach which saw BTC and other cryptocurrencies stolen from users.

The @BTCMiningCoun has released their Q4 2021 bitcoin mining data review.

"Bitcoin mining consumes just 0.14% of the world’s energy production. It has a higher sustainable energy mix than Germany, the EU, the United States, and Canada."

Proof of work mining is facing unprecedented pressure from governments and regulators due to its perceived wasteful energy use.

However, it appears that most politicians and regulators do not understand this nascent industry.

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