{"id":420512,"date":"2021-06-15T10:48:44","date_gmt":"2021-06-15T05:18:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420512"},"modified":"2021-06-15T12:06:59","modified_gmt":"2021-06-15T06:36:59","slug":"tesla-will-accept-bitcoin-when-miners-use-more-clean-energy-says-musk","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tesla-will-accept-bitcoin-when-miners-use-more-clean-energy-says-musk\/","title":{"rendered":"Tesla will accept Bitcoin when miners use more clean energy, says Musk"},"content":{"rendered":"<p>Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy. <\/p>\n<p>&#8220;When there&#8217;s confirmation of reasonable (~50 per cent) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,&#8221; he said in a tweet. <\/p>\n<p>Bitcoin rose 5.1 per cent to $37,360.63 at 2340 IST (2:10 pm ET) on Sunday, adding $1,817.87 to its previous close, after Musk&#8217;s tweet. <\/p>\n<p>Musk also said that Tesla sold about 10 per cent of holdings to confirm bitcoin could be liquidated easily without moving market.<\/p>\n<p>He announced in May that Tesla would no longer accept bitcoin for car purchases, citing long-brewing environmental concerns for a swift reversal in the company&#8217;s position on the cryptocurrency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy. &#8220;When there&#8217;s confirmation of reasonable (~50 per cent) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,&#8221; he said in a tweet. Bitcoin rose 5.1 per cent to $37,360.63 at 2340 IST (2:10 pm ET) on Sunday, adding $1,817.87 to its previous close, after Musk&#8217;s tweet. Musk also said that Tesla sold about 10 per cent of holdings to confirm bitcoin could be liquidated easily without [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-420512","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=420512"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420512\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}