Bitcoin: Carbon emissions of mining ops remain minimal at 0.8% of global share

2022-2-1 20:30

The rapid expansion of cryptocurrency over the years has been nothing short of stunning. At press time, the crypto market stood just shy of the $1.7 trillion. But the increasing popularity of cryptocuThe post Bitcoin: Carbon emissions of mining ops remain minimal at 0.8% of global share appeared first on AMBCrypto.

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Bitcoin Mining Accounts For 0.08% Of Global CO2 Production, Report Reveals

According to digital investing firm CoinShares, the Bitcoin (BTC) mining network contributed less than 0.08 percent of the world’s total carbon dioxide (CO2) emissions. According to data gathered by the company, BTC mining contributes only a small portion of worldwide CO2 emissions, especially when compared to the wide range of services made possible by the […]

2022-2-1 10:00


ThunderCore Offers Greener Future for Blockchain Projects

SUNNYVALE, CALIFORNIA Carbon dioxide emissions from on-chain transactions are cut by more than 10,000x on ThunderCore’s network.  At a time when decentralized applications are being adopted all over the world and scrutinized for their carbon footprint and energy usage, ThunderCore is building eco-friendly foundations for projects that utilize blockchain technology.

2021-11-17 08:04


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Ripple Makes A $44 Million Joint Solar Energy Investment With Nelnet To Offset Crypto Industry’s Carbon Emissions

Blockchain-based payments firm Ripple has announced an eco-focused partnership with Lincoln, Nebraska-headquartered financial services provider Nelnet. Ripple, being the majority investor in the collaboration, will jointly invest $44 million into one of Nelnet’s clean energy investment divisions so as to fund solar energy projects across the United States to support the shift to a more […]

2021-10-12 17:20


BSO partners with ImpactScope to offer carbon offsetting for crypto traders

BSO, a global infrastructure and connectivity provider, in partnership with Geneva-based ImpactScope, a social enterprise providing carbon offsetting solutions to digital asset exchanges and crypto mining companies, has become the first connectivity provider to offer clients that trade cryptocurrencies the means to calculate and offset the excess carbon emissions of their operations.

2021-9-16 18:19


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Gemini Trust Purchases $4M in Credits to Offset Bitcoin Carbon Emissions

A June 24, 2021 tweet from Bloomberg Crypto revealed that the Gemini exchange had bought some environmental credits to offset the carbon footprint of bitcoin held in its reserves. The New York-based exchange, which was founded by the Winklevoss twins, donated about $4 million to Climate Vault, a nonprofit that seeks to cut carbon emissions.Read More

2021-6-24 21:00


Introducing Bitcoin Zero [BTC0]: Real Bitcoin, Net Zero Emissions

Bitcoin Zero is an ERC-20 token delivering Bitcoin with net zero emissions (carbon neutral). This is accomplished via a wrapper that combines a single Bitcoin with the retiring of 10 tonnes of CO2 from REDD+ rainforest projects certified by Verra and other international standard agencies each time a Bitcoin Zero is minted. This breakthrough is […]

2020-12-17 16:45


KPMG Reveals Blockchain-Based Climate Accounting Infrastructure (CAI) for Greenhouse Gas Tracking

KPMG, an international accounting giant, has launched a blockchain-based solution for tracking climate emissions. The new blockchain-based system is called Climate Accounting Infrastructure (CAI), which would enable big organizations and companies to monitor their carbon emission and offset their greenhouse gas emissions.

2020-10-9 23:59


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Yale University Researchers Leverage Hyperledger Blockchain for Carbon Emissions Tracking

A team of researchers at Yale University have been experimenting with new technologies including internet-of-things (IoT), artificial intelligence (AI) and Linux Hyperledger’s blockchain platform, to find out how these innovative technologies can help humanity to tackle the menace of climate change, according to reports on March 24, 2020.

2020-3-24 16:00