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Australian Mining Company Expects Bitcoin To Overcome Backlash Over Energy Concerns

Sydney-based Bitcoin mining company Iris Energy Pty expects the world’s largest cryptocurrency to overcome the struggles brought on by the concerns regarding its effect on the environment. Crypto investors and holders are well aware of Bitcoin’s latest plunge, with the digital coin falling to a figure that more than halved its all-time high in May. […] дальше »

2021-6-1 15:35


Nothing but lies – Banks Contribute to more Global Pollution than Bitcoin

The banking system has always been against virtual currencies like bitcoin, and they repeatedly use it to raise concerns about mining activities harming the environment. Still, according to the latest report presented by Greenpeace and WFF, it is found that banks themselves have contributed to a majority of climate chaos. дальше »

2021-5-27 18:26


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Bank of Korea Seeking Technology to Develop Digital Currency

South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic cryptocurrency exchanges. Central Bank of Korea to Launch Pilot […] дальше »

2021-5-25 11:30


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Greenpeace Has Stopped Accepting Bitcoin Donations Due to Network’s Environmental Impact

Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs to add bitcoin to its donations arsenal, has now backpedaled due to the growing energy consumption of the underlying network powering the asset. Greenpeace Stops […] дальше »

2021-5-23 11:00


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Elon Musk Returns To The Bitcoin Circle, Throws Weight Behind The Lightning Network

Days after causing the BTC price drop of the year, Tesla and SpaceX CEO, Elon Musk, is back into the fold, and this time, he’s all about Bitcoin’s Lightning Network. Apparently, Elon Musk castigated Bitcoin for its high electricity consumption, something he said wasn’t good for the environment. Now, Elon is back in the BTC […] дальше »

2021-5-22 17:48


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Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided

Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided. ” Referring to its research using real-world data, the investment firm emphasized that “the impact of bitcoin mining could become a net positive to the environment. дальше »

2021-5-18 02:30


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While Bitcoin Energy Concerns Grow, Nobody Discusses the Carbon and Military Violence Backing US Dollars

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 […] дальше »

2021-5-16 08:00


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Greenidge to go carbon neutral as BTC adopters pull back citing environment harm

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. дальше »

2021-5-15 13:30


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Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm

The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the recent Tesla announcement, the cofounder of Siphox and Powx, Michael Dubrovsky, revealed the nonprofit Powx has recently submitted a Bitcoin Improvement Proposal (BIP) that aims […] дальше »

2021-5-15 02:00


Michael Saylor Breaks It Down: The PoW Architecture Is A Masterpiece Of Engineering

What a week! The cryptosphere is buzzing. Did a single tweet from Elon Musk tanked Bitcoin’s price? Or did weak hands surrender their coins to strong hands at a discount? Even though Elon’s motives are in question, and probably have nothing to do with the environment, MicroStrategy’s CEO came to the rescue. In a recent […] дальше »

2021-5-14 03:23


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Bank of Russia Tests Services Related to Cryptocurrencies

Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens of requests to pilot various financial services since it created the closed regulatory environment around three years ago. CBR Pilots 3 Crypto Projects in 2020 […] дальше »

2021-5-9 17:00


IRS is Developing ‘Exploitation Techniques’ to Break Into Crypto Wallets

According to its March report, the emergence and rapid adoption of cryptographic currencies have created a gap in digital forensic capabilities, and the decentralization and anonymity provided by cryptos are fostering an environment for the storage and exchange of value outside of the traditional purview of law enforcement and regulatory organizations. дальше »

2021-5-1 21:10