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Business

REUTERS
January 8, 2018

Bitcoin to consume all of the worlds energy by 2020

Bitcoin transactions are the new consumers of electricity. The amount of energy consumed in a...

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Bitcoin drops below $15,000

NEW YORK: Bitcoin fell below $15,000 on Monday after South Korea’s financial regulator said it and other agencies are inspecting six local banks that offer digital currency accounts to institutions.

Bitcoin, the world’s biggest virtual currency by market value, was last down 7.57 pct at $14,902.99 on the Luxembourg-based Bitstamp exchange.

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