"Bitcoin Mining Wastes Vast Amounts of Energy, Harms Environment"
BTC_AT_TIME $5,734
Published in CoinTelegraph on 2017-10-25, "Bitcoin Mining Wastes Vast Amounts of Energy, Harms Environment" declared Bitcoin dead or fundamentally doomed. The piece focused on Bitcoin's enormous energy consumption, arguing that the environmental cost made it unsustainable and a target for regulatory crackdown. Bitcoin was trading at $5,734 at the time of publication. Bitcoin was in the midst of an extraordinary bull run, rising from $1,000 to nearly $20,000 by December.