Further, every massive gain comes at the expense of most people taking large losses. This is referred to as “bag holding,” where traders miss the optimal window to sell and are left holding a portfolio of devalued or, in most cases, worthless coins. This is where the term “PvP,” or player versus player, within the crypto community comes from.
Texas’ Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
Speaking to the Texas Senate Business and Commerce Committee Wednesday, Pablo Vegas, the CEO of the Electric Reliability Council of...