2022-5-11 17:32 |
Bitcoin mining companies must prove carbon neutrality as new regulations come to play, but are carbon offsets enough?
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At Bitcoin 2022, those who understand bitcoin mining and energy usage the most discussed the future of the industry.
2022-4-9 18:01 | |
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Bitcoin miner Marathon Digital Holdings plans to relocate its coal-powered Hardin mining facility in the US state of Montana to a more sustainable location. The post Marathon Digital to relocate Bitcoin mining facility to carbon neutral energy sources appeared first on CryptoSlate.
2022-4-7 22:15 | |
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Proof-of-Work (PoW) blockchains such as Bitcoin and Ethereum have been under the scrutiny of regulatory agencies because of the high carbon footprint they leave at their pace. PoW blockchains utilize huge amounts of electricity used in computational power to mine transactions and mint new coins.
2022-3-30 00:59 | |
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According to a study run by Bankless Times, the carbon footprint created by Bitcoin mining globally accounts for 0. 19%, which is the same amount the Czech Republic emits as an entire country. The post Bitcoin’s global carbon footprint accounts for 0.
2022-3-15 12:00 | |
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The research report blamed the increase of Bitcoin’s carbon footprint on the China mining ban and claimed Chinese miners were more renewable-energy-focused.
2022-3-1 12:07 | |
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Oil and gas giant ConocoPhilips has entered the Bitcoin mining business in a bid to profitably reduce carbon emissions.
2022-2-17 04:34 | |
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The new CoinShares report underlines the network’s recent carbon emissions, which amount to nearly 0. 08% globally, are insignificant numbers compared to emissions released by other industries and domains.
2022-2-3 16:13 | |
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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.
2022-2-1 20:30 | |
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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.
2022-2-2 20:30 | |
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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 | |
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Blockchain mining’s massive carbon footprint is impossible to justify — and puts it in the crosshairs of global environmental legislation.
2022-1-30 18:17 | |
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Cryptocurrency mining has a negative connotation attached to its name due to the activity's massive requirement for energy. However lately, crypto businesses are turning to carbon trades to offset theThe post Here's how cryptocurrency companies are taking up greener initiatives appeared first on AMBCrypto.
2022-1-11 22:00 | |
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Bitcoin mining has long been singled out for its contribution to rising global carbon emissions. Estimates suggest that the Bitcoin network consumes roughly 122 terawatt-hours of electricity annually.
2021-12-30 04:30 | |
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While many believe Bitcoin’s carbon footprint underlines the need to tackle the environmental externalities that result from cryptocurrencies. Jack Dorsey recently announced that his company Square The post Assessing the future of Bitcoin mining through the silicon lens appeared first on AMBCrypto.
2021-10-17 16:00 | |
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Gryphon Digital Mining, Inc. is pleased to announce that it has selected Core Scientific, Inc. as its hosting partner for approximately 230 MW of carbon...
2021-10-14 14:44 | |
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Blockchain-based payment company Ripple Labs is furthering its carbon-neutral goal once more. This time with one of the solar energy funds of Nelnet Renewable Energy. Ripple Pens New $44 Million Eco-Friendly Deal The carbon emission of the crypto industry has been a major concern for many with critics pointing out the environmental impact of mining […] The post Ripple And NelNet Join Forces to Fast-Track Crypto’s March to Renewable Energy first appeared on BitcoinExchangeGuide.
2021-10-13 20:25 | |
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New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global electricity consumption over the next decade.
2021-9-22 07:49 | |
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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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Bitcoin has been scrutinized for its heavy energy consumption all around the world, with China and few companies taking drastic measures. As most of the Bitcoin mining takes place with the help of coal power plants, the carbon footprint it leaves behind is massive.
2021-8-30 13:39 | |
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Mining cryptos is a resource-intensive computational labor that consumes huge amounts of power and this has led to the industry leaving a huge carbon footprint. A few years ago, cryptocurrencies posed little to no threat to the environment but since the rise of Bitcoin back in 2018, more people have become interested in cryptocurrencies.
2021-8-21 14:43 | |
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Calls for greener crypto mining practices are slowly gaining traction. The latest institutional investor to commit to decarbonizing its Bitcoin holdings is SkyBridge Capital. SkyBridge Retires 38,436 Tons New York-based investment firm SkyBridge Capital is reassessing its carbon emission.
2021-8-3 19:15 | |
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100% net carbon neutral miner, Core Scientific, which mined 928 BTC in Q2 and over 3,000 BTC so far in 2021, is also planning to expand to more states. The post Major US Bitcoin Mining Company Going Public at .
2021-7-23 17:56 | |
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Energy Harbor will provide carbon-free nuclear energy to Standard Power’s forthcoming bitcoin mining farm in Ohio.
2021-7-14 18:12 | |
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In a bid to be more environmentally friendly, China has shut down over twenty cryptocurrency mining sites. This delivered a significant blow to the crypto-industry, an industry that is often criticizeThe post China takes 'low carbon' route after e-CNY trial promotes use for 'intended purposes' appeared first on AMBCrypto.
2021-7-3 01:00 | |
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According to the crypto mining firm, the South Carolina facility has been capable of drawing 80 megawatts of power, two thirds of which is produced from zero carbon energy sources.
2021-7-3 22:12 | |
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SAITECH, a company aiming to solve the climate change crisis, plans to eventually power its crypto mining operations with 100 percent renewable energy, significantly reducing their carbon print emissions in line with China’s strong national policies on decarbonizing by 2060, a new report on June 29 shows.
2021-7-1 05:00 | |
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Mining has become popular among investors, as prices of cryptocurrencies continue to fluctuate, more people are intrigued to invest. However, questions have arisen concerning the carbon footprint of cryptocurrency mining.
2021-6-24 18:59 | |
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It’s no secret that we’re in the middle of an extremely turbulent and volatile period for the crypto markets. Major nations like China are imposing harsher restrictions on cryptocurrency trading and mining while eccentric billionaires lambast bitcoin for its carbon footprint.
2021-6-22 01:08 | |
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Published research shows Bitcoin mining produces a mere fraction of the carbon emissions coming from the world’s military-industrial complex.
2021-6-16 15:28 | |
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Influencers including Addison Rae and Griffin Johnson backed the zero carbon footprint Gryphon Digital… The post Renewable Bitcoin mining firm backed by global influencers appeared first on Coin Journal.
2021-6-8 12:46 | |
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As various sectors of the global economy keep making serious efforts to reduce their carbon footprints, Montana-based Madison River Equity LLC is putting preparations in top gear to install a 1,600-acre, 300-megawatt solar facility that could transform the city into a global bitcoin (BTC) mining hub, and provide thousands of job opportunities for residents, accordingRead More
2021-5-29 21:00 | |
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2021-5-26 16:10 | |
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One River has filed for a carbon-neutral bitcoin ETF that makes up for the emissions from mining the blockchain with the use of carbon credits. The post Carbon-Neutral Bitcoin ETF Filed by Digital Asset Management Firm appeared first on BeInCrypto.
2021-5-25 09:30 | |
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Bitcoin can’t catch a break. The attack continues. In China, the miners are running for their livelihood. The country pledged carbon neutrality by 2060, and they seem to think Bitcoin mining is in its way.
2021-5-24 14:00 | |
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China has announced that it will be cracking down on bitcoin mining within the country, in an attempt to protect the country's financial system while reducing carbon emissions. The post China Turns Attention to Bitcoin Mining as Crackdown Continues appeared first on BeInCrypto.
2021-5-22 15:58 | |
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Digihost Technology has reported that over 90% of the energy consumed by its bitcoin (BTC) mining operations is from sources with zero carbon emissions. The post Company Reports Close to Zero Carbon Emissions From Its BTC Mining Operations appeared first on BeInCrypto.
2021-5-18 18:50 | |
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Over the course of the last week, the concern tied to the environmental impact bitcoin mining produces continues to be a very topical discussion. On May 14, the musician and activist, Sean Ono Lennon, the son of John Lennon and Yoko Ono, said that he’s more concerned with consumerism than those complaining about bitcoin’s use […]
2021-5-16 17:06 | |
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This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been saying that concerns over the Bitcoin network’s energy supply are absurd, in contrast to the carbon used and the military violence that backs a number […]
2021-5-16 08:00 | |
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Greenidge Generation Holdings, a renowned Bitcoin (BTC) mining firm, is planning to launch a carbon-neutral BTC mining operation on June 1, 2021. The new facility is based in Upstate New York. Reportedly, the company will achieve carbon-neutral mining by purchasing voluntary carbon offsets from a list of greenhouse gas reduction projects in the US.
2021-5-15 13:30 | |
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On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited environmental concerns over bitcoin mining.
2021-5-15 00:30 | |
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The race is on to become the next mainstream cryptocurrency that doesn’t contribute millions of tons of carbon dioxide emissions due to unsustainable mining practices. Now, a new cryptocurrency called Chia, founded by BitTorrent creator Bram Cohen, is promising to make mining cryptocurrencies at home a whole lot easier (again).
2021-6-8 21:14 | |
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Greenidge Generation has announced it will offset all greenhouse gas emissions from its bitcoin mining operations by June 2021.
2021-5-15 21:12 | |
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Dogecoin is 23 percent up as Elon Musk confirms he is a strong crypto believer, receives support from Michael Saylor and Pompliano for clean Bitcoin mining
2021-5-14 10:50 | |
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China is reportedly paying more attention to the crypto mining sector, amid concerns of its growing carbon footprint.
2021-5-1 07:37 | |
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A recent study by Nature Communications brought to light how China’s Bitcoin mining threatened the global climate change targets and sabotaged the mining hub's plans of achieving carbon neutrality.
2021-4-12 16:00 | |
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The impact of BTC mining on the environment has turned into a debate — here’s what academics think and if “green Bitcoin” is possible.
2021-4-11 16:37 | |
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Despite the bad reputation bitcoin gets for having an outsized carbon footprint, there are a number of projects aiming to reduce that effect and improve environmental sustainability. The latest among them is a recent agreement between Argo and DMG.
2021-3-26 14:30 | |
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After Elizabeth Warren, the U. S. Senator for Massachusetts called bitcoin a speculative asset, Ro Khanna, the U. S. House Representative for California has spoken in favor of the crypto asset.
2021-3-8 21:00 | |
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With companies like Square announcing environment-focused mining initiatives, the U.S. can take the lead in reducing bitcoin's carbon impact.
2021-1-20 20:57 | |
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A recently discovered report reveals the SEC's cybersecurity vulnerabilities before a hack led to fake Bitcoin ETF approval in January. The post Undisclosed report reveals SEC cybersecurity flaws before fake Bitcoin ETF approval hack appeared first on Crypto Briefing.
Hours after the third largest bank in America reveals its Bitcoin ETF holdings, the country's largest bank follows.
The war between the Kraken crypto exchange and the U.S. SEC continues amid new statements from the platform
Kraken has refuted the Securities and Exchange Commission’s (SEC) claims that its platform listed securities, pointing out that the financial regulator’s arguments attempt to restructure the US financial system beyond its regulatory scope, according to a May 9 court filing.
The U.S. SEC has continued its crypto crackdown this year, but the agency’s current leverage may also be its biggest weakness in months to come.
Crypto wallet provider Exodus said the US Securities and Exchange Commission (SEC) made a “surprising last-minute decision” that delayed its planned listing on the NYSE American Stock Exchange, according to a May 9 statement.
Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the company announced late Wednesday.