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ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better
26.5.2022
In recent times, the impact of bitcoin mining on the environment has been a topical discussion as climate change activists believe proof-of-work (PoW) mining is too energy-intensive. However, a recent report written by the ESG analyst Daniel Batten explains that bitcoin mining could eliminate...
Could GameFi and carbon currencies reverse blockchain's climate stigma?
25.5.2022
Toucan Protocol’s Rob Schmitt believes blockchain gaming could have a much better environmental reputation if games integrated carbon offsets
WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto
24.5.2022
Panelists at the World Economic Forum session on crypto’s carbon footprint seem to be seeing FUD galore surrounding the environmental consequences of crypto mining
US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts
24.4.2022
Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental...
Bitso to Offset Carbon Emissions From the Trading Platform’s BTC, ETH, ERC20 Transactions
22.4.2022
On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto...
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis
1.2.2022
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high energy usage and carbon emissions associated with bitcoin mining could undermine our hard work...
Carbon-neutral Bitcoin? New approach aims to help investors offset BTC carbon emissions
19.12.2021
Some crypto businesses are starting to calculate their Bitcoin carbon emissions through developments in new models
China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations
5.12.2021
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners...
Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry
10.11.2021
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin...
Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030
22.9.2021
New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global carbon emissions over the next decade
VeChain Thor mainnet reaches 10 million blocks milestone with no downtime
2.9.2021
Supply chain management platform hits blockchain milestone as major consensus upgrade nears
Measuring success: Offsetting crypto carbon emissions necessary for adoption?
11.8.2021
Crypto companies are doing their best to go green by offsetting Bitcoin carbon emissions, but how accurate are their estimates?
While Chinese Bitcoin Miners Escaped Crackdowns, Sichuan’s Hydropower Plants Were Not So Lucky
2.8.2021
Regional reports from China indicate that government officials have been reviewing over 5,100 small-sized hydropower plants in order to get them to adapt to China’s cleanup and rectification process concerning future energy sources. China has pledged to be carbon neutral and ultimately have...
Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight
14.6.2021
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. The mining...
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...
Bringing carbon emissions reporting into the new age via blockchain
29.12.2020
Blockchain can bring transparency and traceability to mining and metal supply chains, although data challenges may hamper successful use cases
WEF, Mining Giants Develop Blockchain Platform for Tracking Carbon Emissions
15.12.2020
The World Economic Forum (WEF) has finalized a platform that tracks CO2 emissions during mining processes using blockchain
WEF tests tracking carbon emissions with blockchain technology
15.12.2020
A new proof of concept shows how blockchain increases value across the supply chain
Ridesharing Giant Cabify to Track and Offset Carbon Emissions Using Blockchain Platform
3.12.2020
Cabify, one of the world's largest ridesharing companies, is moving to offset its carbon emissions with the help of blockchain marketplace ClimateTrade