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EY Announces Ethereum-Based Carbon Credit Traceability Platform – How Does it Work?
11.5.2023
One of the 'Big Four' accounting firms Ernst & Young (EY) announced that its Ethereum (ETH)-based platform for enterprises to track their carbon emissions and carbon credit traceability is now available in beta version.
According to the latest press release, the company's EY OpsChain ESG...
EY Launches Ethereum-Based Carbon Emission Tracking Platform
10.5.2023
The EY OpsChain ESG made the announcement at the firm’s Global Blockchain Summit in London. T
Will Biden's plan to tax crypto mining reduce emissions? Critics say no
5.5.2023
The tax is intended to reduce greenhouse gas emissions, electricity costs and local environmental pollution, but has not been kindly received by the crypto community
Here Are Six New Projects Looking to Mitigate Bitcoin Mining’s Energy Footprint
22.4.2023
Solana launches emissions dashboard to spur blockchain carbon footprint transparency
21.4.2023
The Solana Foundation has launched a real-time carbon emissions tracker to monitor the Solana blockchain
Solana’s Annual Carbon Footprint Equals 8 Flights from London to New York
21.4.2023
The real-time dashboard, produced by the Solana Foundation, shows how much carbon the smart contracts platform is emitting
Unleashing the Green Economy: How Blockchain Can Transform Climate-Friendly Investment Opportunities
21.4.2023
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Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus
21.4.2023
Bitcoin mining company Terawulf has announced the full deployment of its 50-megawatt (MW) stake in the nuclear-powered Nautilus Cryptomine facility. The behind-the-meter bitcoin mining facility is powered by 100% nuclear power and benefits from a fixed power cost of $0.02 per kilowatt-hour (kWh)...
Decentralized Exchange Bancor Starts On-Chain Trading Platform Carbon
20.4.2023
The platform allows users to create a single concentrated liquidity position that buys and sells in specific price ranges
Stop the Presses: Criticism Against the New York Times Mounts as Newspaper Is Accused of Killing 59 Million Trees Annually
19.4.2023
After the New York Times (NYT) published an editorial about bitcoin mining, claiming the industry is harmful to the environment, an organization called Stop the Presses took issue with the Times’ paper usage. Stop the Presses launched a social media campaign against the NYT’s newspaper...
Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining
18.4.2023
While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant...
C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking
14.4.2023
On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new tool aims to inspire Brazilians to adopt more...
2023’s Bitcoin Obituaries: Bitcoin Defies 6 Death Predictions With 80% Price Increase Since End of 2022
11.4.2023
It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has increased by more than 45% against the U.S. dollar. Despite its recovery this year, after a long crypto winter in the previous year, the Bitcoin...
ANZ Bank Completes Carbon Credits Trading as Part of Australia's CBDC Pilot
6.4.2023
Australia and New Zealand Banking Group Limited (ANZ) has completed the first use-case of carbon credit trading as part of Australia's central bank digital currency (CBDC) pilot
ANZ bank completes Australian CBDC use case for carbon credit trading
5.4.2023
The first Australian dollar-backed stablecoin was used with Australian CBDC support to trade carbon credits with Grollo Carbon Ventures
Carbon-Backed NFT Collection Ecosapiens Raises $3.5M
4.4.2023
The project allows users to purchase carbon credits through its nature-themed NFTs to offset the environmental impact of blockchain technology
Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.
22.3.2023
The company can reduce the carbon footprint, land and water use of bitcoin miners through its technology
Ethereum-Based Carbon Tracker Carbonable Raises $1.2M to Tackle Greenwashing
21.3.2023
Carbonable was launched on Ethereum layer 2 scaling system StarkNet, whose parent company Starkware is also an investor
ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use
9.3.2023
Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary...
Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations
6.3.2023
Terawulf, a bitcoin mining operation, has announced that it has energized the first nuclear-powered bitcoin mining facility in the United States at the company’s Nautilus Facility in Pennsylvania. According to the company, approximately 1 exahash per second (EH/s) or close to 8,000...