What is the largest bitcoin mining facility in the US?

Riot Blockchain recently acquired Whinstone US, the largest bitcoin mining facility in the US based in Rockdale, Texas, for $80m. Whinstone says its facility can produce 500 bitcoin per month – worth a total of $22m at bitcoin’s current value.

Is Bitcoin’s price just getting started?

This article is more than 2 years old. The Bitcoin price has been on a tremendous run in 2019, roughly tripling its price in U.S. dollars since the start of the year. That said, Morgan Creek Digital co-founder Anthony Pompliano thinks the party is just getting started.

How much energy does bitcoin use?

Each $1 billion in inflows into bitcoin uses the same amount of energy as 1.2 million cars, estimates the report. "Looked at differently, a single Bitcoin purchase at a price of ~$50,000 has a carbon footprint of 270 tons, the equivalent of 60 ICE cars," Bank of America said in a note published on Wednesday.

Is bitcoin's halving a 'perfect storm' for monetary policy?

In the past, Pompliano has described the trend towards loose monetary policy combined with Bitcoin’s upcoming halving event as the “perfect storm” for the rise of the digital asset. Pompliano explained this theory during his CNN interview.