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While Bitcoin Energy Concerns Grow, Nobody Discusses the Carbon and Military Violence Backing US Dollars
16.5.2021
This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been saying that concerns over the Bitcoin network’s energy supply are absurd, in contrast to the carbon used...
As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains
15.5.2021
Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have...
Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month
14.5.2021
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited...
Greenidge Goes Carbon-Neutral, DeFi Crime Is Picking Up + More News
14.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
The owner of the vertically integrated Bitcoin (BTC) mining and power generation facility in Upstate New York, Greenidge Generation...
Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint
14.5.2021
Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company also referred to the carbon footprint of the Bitcoin network and how it is a real issue that needs to be tackled in the future. Square...
Power Ledger Now a Part of Zero Carbon Certification Scheme
13.5.2021
Power Ledger, one of the foremost companies of Australia, has now declared itself as the founding partner of the Zero Carbon Certification Scheme. The Australian company is known for operating a software application that permits producers and consumers to keep track, maintain a trace, and engage...
Bitcoin loses 6% in an hour after Tesla drops payments over carbon concerns
13.5.2021
Bitcoin has shed nearly 6% in an hour after Tesla suspended its support for payments in BTC
New York bill proposes to ban crypto mining for 3 years over carbon concerns
5.5.2021
A bill seeking to “pause” crypto mining for three years in New York was referred to the state's Environmental Conservation committee on May 3
Award-Winning Carbon Broker to Assist XELS With Offset Procurement and Strategy
4.5.2021
PRESS RELEASE. Redshaw Advisors will support XELS mission of increasing participation in carbon markets in Japan and beyond. Tokyo, Japan — XELS, a revolutionary blockchain-based carbon offset platform has announced that it has joined forces with renowned carbon brokerage and risk management...
Bitcoin mining in China set for 'stricter supervision' due to carbon concerns
30.4.2021
China is reportedly paying more attention to the crypto mining sector, amid concerns of its growing carbon footprint
African Property Development Firm Partners Online Leasing Platform in a BTC for Solar Cells Scheme
29.4.2021
South African property developer, New Age Properties, says it has partnered with Sun Exchange, an online leasing platform, as part of an effort to bring cheap and clean energy to low-income earners. Bitcoin for Solar Cells According to the two companies’ working arrangement, Sun Exchange...
Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption
25.4.2021
Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other...
China’s Carbon Neutral Stance Puts Pressure on BTC Miners, Sichuan Electricity to Increase 150%
24.4.2021
Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%....
Mastercard NFTs will help consumers offset carbon ‘down to a cup of coffee’
23.4.2021
Mastercard is set to incorporate carbon footprint tracking into its blockchain-based solution, to help consumers offset carbon emissions through their purchases
Earth Day 2021: How the crypto industry is moving closer to going green
22.4.2021
Despite what the critics might tell you, blockchain is greener than ever
Algorand pledges carbon-negative blockchain
22.4.2021
Algorand and ClimateTrade are working on a sustainability oracle that would drive down carbon emissions
Nifty News: NFTs for Trump-haters, carbon offsets, fractionalized CryptoPunks and more
22.4.2021
Hit Trump where it hurts by buying his Tweets to help out charities, a new scheme to enable NFT purchasers to offset carbon emissions, and get yourself a piece of a Punk
Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup
15.4.2021
However energy consumption has not matched the 170X price increase over the same period
Bitriver to Sell Tokens Backed by 100 Megawatts of Low-Carbon Siberian Mining Power
13.4.2021
On April 12, the international provider of colocation services for low-carbon cryptocurrency mining Bitriver announced it is launching a pre-sale of tokens backed by 100 megawatts (MW) of mining power in Siberia. The ERC20 tokens called “bitriver token (BTR)” will represent a single...
All that mined is not green: Bitcoin’s carbon footprint hard to estimate
10.4.2021
The impact of BTC mining on the environment has turned into a debate — here’s what academics think and if “green Bitcoin” is possible