Tag: Industrial Goods

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at the vehicle-maker’s stores when key members of bitcoin infrastructure can confirm that 50% of the energy used to mine for bitcoin is derived from clean energy sources. The Sunday afternoon […]

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How farmers are using cow manure to power crypto mining operations

An entrepreneur who has set up a cryptocurrency mining business powered by cow manure has seen business boom since Tesla TSLA, -0.80% boss Elon Musk questioned bitcoin BTCUSD, +0.93% over its environmental credentials. U.K.-based Josh Riddett, who started Easy Crypto Hunter in 2017 in Manchester, has carved a niche selling farmers equipment powered by renewable […]

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U.S. manufacturers have tons of demand, ISM finds, but they’re handcuffed by labor and supply shortages

The numbers: American manufacturers have been flooded with new orders for cars, computers, furniture, appliances and all sorts of goods, but they are struggling to keep up amid widespread shortages of supplies and labor. The Institute for Supply Management said its manufacturing index rose to 61.2% in May from 60.7% in April, largely because of […]

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Why silver prices lag behind copper’s gains, but outperform gold

Many commodities have reached record highs this year, but silver’s value has failed to keep pace — with prices for the precious and industrial metal notching a modest gain that outperforms an even smaller rise in gold, but pales in comparison to the copper rally. Silver may be trading “more like a store of value […]

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