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Report: Bitcoin Mining Sustainable Energy Usage Reaches 54.5%


Daniel Batten, co-founder of CH4 Capital, reported that bitcoin mining has reached all-time high levels of sustainable energy usage and emissions mitigation. According to Batten, 54.5% of the energy used for this activity is sustainable, and the industry is mitigating 7.3% of all its emissions...

UAE Tech Researchers Roll Out Lightweight Blockchain for Carbon Trading


The Technology Innovation Institute in Abu Dhabi has launched a blockchain geared towards tracking carbon emissions and facilitating trading amid growing climate concerns. In a Dec 5 post on X (Twitter), the institute disclosed that its Cryptography Research Center has launched the blockchain as...

Pro-Blockchain Bill Clears Hurdle in U.S. House


Another crypto bill has cleared the goal posts of a committee in the U.S. House of Representatives, with the unanimous approval of legislation that would direct the U.S. Secretary of Commerce to support blockchain technology

Bitcoin Water Footprint Adds Pressure to Mining Regulations: Report


Source: Pixabay / Michael Wuensch Popular Bitcoin (BTC) critic Alex De Vries says the asset uses about 16,000 liters of water which can fill a pool for each transaction on the network, a claim that has sparked diverse reactions.  In a study released on Nov 29, De Vries opined that Bitcoin has...

Iris Energy Acquires 7,000 Next-Gen T21 Bitcoin Miners in Deal With Bitmain


The Australia-based and Nasdaq-listed Iris Energy recently announced the acquisition of 1.3 exahash per second (EH/s) capacity in Bitmain’s latest Antminer T21 models. This purchase boosts Iris Energy’s proprietary mining capacity to a notable 8.3 EH/s. Iris Energy Secures 1.3 EH/s...

You Can Marinate In Water Heated By Bitcoin Mining At This NYC Spa


Bathhouse is a super-trendy spa located in Williamsburg, Brooklyn, with a new location set to open sometime in the near future in Manhattan’s Flatiron district. If its sans serif font and ultra-minimalist website don’t already scream New York City Elite, then the way it heats its pools absolutely...

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