Amidst doubts and criticism against him, the Bitcoin (btc) recorded a slight increase over the previous day, today stands at 56 thousand 930.40 dollars, ie 1 million 165 thousand 694.80 Mexican pesos. It closed at $ 59,000,383 on Saturday.
the cryptocurrency the world’s most famous tried unsuccessfully to end the week beyond $ 60,000; just last week it reached 60 thousand 197, its all-time high; some financial analysts believe that over the next few days they will again experience declines in their value.
So far this year digital money has had a dizzying advance of over 100%. The year low was $ 27,734 on Jan. 4. Some investors remember when the virtual currency it cost one DLAR per unit, in February 2011.
Will your production be your end?
The most recent criticisms, beyond their volatility, come from scientists concerned with natural environment, As it is not clear exactly how much energy the bitcoin. And its mining consumes a lot of electricity.
The Cambridge University Center for Alternative Finance (CCAF), which studies the thriving digital currency business, estimates that the total energy consumption of btc it is between 40 and 445 terawatts per hour (TWh) per year, with a central estimate of approximately 130 terawatts per hour, more than Argentina uses annually.
Despite the environmental consequences, the popularity of bitcoin is growing and its price is rising, so we can only wait to see what the consequences will be. A recent survey by Goldman Sachs believes that the bitcoin end in 2021 between $ 40,000 and $ 100,000; if the best scenario is met, it will attract more investors and thus a larger carbon footprint.
msb