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How to create an environmentally-friendly coin, explained
8.10.2021
With increased concern about the carbon footprint that the crypto industry creates, alternative enterprise solutions emerge that can help cut down on the energy costs involved
US Utility Mines Bitcoin To Balance Electricity Supply
24.9.2021
y demand and supply as more renewable energy continues to come online.An increased use of BTC mining by utilities for grid balancing could help mend Bitcoin’s reputation as a fossil fuel-hungry asset that boosts the world’s carbon footprint, a factor that triggered
The VeChain Carbon Footprint Tool Improves Pollution Reporting
27.8.2021
VeChain’s SaaS platform will empower companies with a solution that can record pollution output and link the data to third-party organizations to verify the reports. As opposed to the questionable measurement techniques available now, by using this new tool, VeChain aims at using blockchain...
Digital Euro to Handle ‘Almost Unlimited’ Payments, Estonian Central Bank Says After Test
28.7.2021
A blockchain-based digital euro would be highly scalable allowing it to process an almost unlimited number of payments, the central bank of Estonia has concluded following a recent experiment. Central banks from several euro area countries and the ECB participated in the test, which also professed...
‘We Want You,’ Pro-Bitcoin Senator Cynthia Lummis Invites Crypto Miners to Wyoming
4.7.2021
U.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a recent interview, the senator defended bitcoin’s carbon footprint and later invited miners to her home state on social media. Crypto Mining Adapted to Non-Carbon Emitting...
The Crypto Climate Accord Walks a Fine Line Between Self-Interest and the Greater Good
27.6.2021
As the spotlight turns once again towards the environmental impact of blockchain technologies, support for the Crypto Climate Accord has come from curious corners of the industry, raising questions about its signatories’ motives. Authenticity of CCA’s Support Remains Debatable With...
A Big Carbon Footprint Compared to What?
10.6.2021
When blockchain systems reduce human involvement in transactions, the carbon benefits can be substantial, says our columnist
You can now buy gold-backed NFTs with the mining carbon footprint offset
26.5.2021
Wallet provider Lohko has launched gold-backed NFTs offering carbon offsets
Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage
24.5.2021
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned...
John Lennon’s Son Defends Bitcoin- Musician Highlights Carbon Footprint Tied to Consumerism
16.5.2021
Over the course of the last week, the concern tied to the environmental impact bitcoin mining produces continues to be a very topical discussion. On May 14, the musician and activist, Sean Ono Lennon, the son of John Lennon and Yoko Ono, said that he’s more concerned with consumerism than...
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...
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...
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...
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
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
Alliance of major firms aims to reduce crypto's carbon footprint
8.4.2021
One of the group's long-term goals involves transitioning all of the world’s blockchains to 100% renewable energy by 2025
True or false? A single NFT can power a European household for 1.5 months
11.3.2021
NFTs are coming under scrutiny as more attention is drawn to the carbon footprint of PoW blockchains
The Regulations That Could Help Reduce Bitcoin’s Carbon Footprint
10.3.2021
The price of bitcoin has hit record prices this month, and that’s bad news for the climate. As the price of the currency shoots up, so does the energy consumption as people are incentivized to mine more bitcoin. And a new paper published Wednesday in the journal Joule estimates that by the end...
'Ecological nightmare' backlash forces ArtStation to drop NFT plans
10.3.2021
The announcement ArtStation was launching NFT artworks did not sit well with the platform’s artists, who called for a boycott and threatened to leave the platform
Worn Out: The Fashion Industry's Big Oil Problem
9.3.2021
I really like buying clothes. I spend countless hours in the middle of the night scrolling my favorite brands’ Instagram feeds, and though I try to stick to buying secondhand, I also definitely set myself alarms to remember sample sales. Embarrassing, I know.Read more