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Michael Saylor slams "misinformation" about Bitcoin's energy use
15.9.2022
Michael Saylor claims Bitcoin mining could become a clean, profitable, and modern industry that generates hard currency for remote locations in the developing world
Bitcoin Mining Threatens America’s Climate Change Efforts, White House Science and Tech Department Says
8.9.2022
The Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians should take action against crypto mining. The federal government’s entity recommends...
100X Bitcoin energy use would mean 'absurd' $20M BTC price — developer
19.7.2022
For Bitcoin energy usage to increase to absorb more of the world's waste energy, its market cap would end up being $420 trillion, calculates Sjors Provoost
Swedish Central bankers snipe Bitcoin mining, cite rampant energy use
10.6.2022
A report by the Riksbank makes the case for banning Bitcoin mining in Sweden over proof-of-work energy consumption concerns; Bitcoin Twitter was quick to react
Bitcoin's real energy use questioned as Ethereum founder criticizes BTC
10.6.2022
A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
27.4.2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining...
White House Wants Public Comments on Crypto’s Energy Use and Environmental Impact
25.3.2022
The White House’s science and technology team is seeking public commentary on the energy use and climate impacts of crypto
How NFTs and the Metaverse Can Help Save the Planet
28.2.2022
The head of a leading South Korean cryptocurrency exchange has recently promised that its non-fungible tokens featuring the world-famous K-pop band BTS will be minted by “low carbon, eco-friendly” technology after receiving backlash from environmentally conscious young fans about...
Are we misguided about Bitcoin mining's environmental impacts? Slush Pool's CMO Kristian Csepcsar explains
14.2.2022
In one instance, Bitcoin miners are helping oil companies cut flaring by using generators running on natural gas that would otherwise be burned into the atmosphere
Report: Bitcoin mining network accounts for 0.08% of world's CO2 production
31.1.2022
In addition to environmental metrics, the U.S. now accounts for 49% of the world's Bitcoin cash rate
Bitcoin Mining Energy Use ‘Inconsequential,’ ‘Rapidly Becoming More Efficient’ - Saylor
19.1.2022
The total use of energy for Bitcoin (BTC) mining is “inconsequential,” and it is “rapidly becoming more efficient,” MicroStrategy CEO Michael Saylor said, as the mining industry is preparing for a hearing in the US House of Representatives this week.
Saylor was speaking during a quarterly...
Wikimedia Foundation Debates Acceptance of Cryptocurrency Donations Over Environmental Concerns
13.1.2022
Following Mozilla’s decision to pause crypto donations due to environmental concerns, a number of Wikimedia Foundation community members have submitted a proposal that asks the foundation to stop accepting digital currency donations. The proposal explains that crypto donations...
Pomp tells CNBC there's no need to apologize for Bitcoin's energy use
29.12.2021
The Bitcoin podcaster and influencer said: “we shouldn’t apologize for Bitcoin’s energy usage, crucial things in the world use energy.”
Ethereum transaction energy use equals to 2.5 miles in a Tesla Model 3, report
9.12.2021
One Ethereum transaction uses enough energy to power a house all day, but how much does the fiat financial system use?
Bitcoin's power consumption this year has already surpassed all of 2020's
15.9.2021
Bitcoin has already consumed more power in 2021 than it did in all of 2020 according to a recent study
NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War
16.7.2021
A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region. According to Save Tigray, the NFTs, which are “based on interpreted...
Green Bitcoin: The impact and importance of energy use for PoW
6.6.2021
To achieve the goal of a green Bitcoin network, crypto mining companies should push for production with less use of fossil fuels
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
25.5.2021
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door...
Ripple's Garlinghouse disses Bitcoin's energy use in advance of Biden administration
9.11.2020
With Joe Biden being declared the next President of the United States, Ripple CEO Brad Garlinghouse is making sure his company’s messaging aligns with the new administration
Vodafone Enlists Blockchain Nonprofit for Tracking Renewable Energy Use in Europe
3.6.2020
Vodafone and Energy Web are using SIM cards and blockchain to build more nimble renewable power grids