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Wednesday, November 22, 2017

Tesla Is Burning Through a Bitcoin Every Minute

That's almost a bitcoin's worth (the current value is $8,285) every 60 seconds, or $480,000 an hour. If Tesla (tsla, +2.93%) doesn't bring in fresh funding, Bloomberg noted, its reserves will run dry in early August next year. That's even slightly ahead of UBS's recent prediction that the depletion would take ...

from Google Alert - Bitcoin http://ift.tt/2BctzX7

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