New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil FuelsA moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a result of the ban, which is likely to have consequences for […]

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Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green

Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be GreenA crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency on Solar and Excess Energy in South […]

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Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million

On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology venture capital firm G2 Venture Partners (G2VP). Crusoe Energy Systems Secures $505 Million From […]

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China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims

China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study ClaimsContrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim. Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China Cryptocurrency mining has become a […]

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Wikimedia Foundation Debates Acceptance of Cryptocurrency Donations Over Environmental Concerns

Wikimedia Foundation Debates the Acceptance of Cryptocurrency Donations Over Environmental ConcernsFollowing Mozilla’s decision to pause crypto donations due to environmental concerns, a number of Wikimedia Foundation community members have submitted a proposal that asks the foundation to stop accepting digital currency donations. The proposal explains that crypto donations “signals [an] endorsement of the cryptocurrency space,” and also says that “Cryptocurrencies may not align with the […]

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Mozilla ‘Pauses the Ability to Donate Crypto’ After Complaints and ‘Environmental Impact’ Considerations

Mozilla 'Pauses the Ability to Donate Crypto' After Complaints and 'Environmental Impact' ConsiderationsOn December 31, the software community founded in 1998, Mozilla, announced it was accepting crypto-asset donations via Bitpay. However, shortly after the announcement, a number of people complained about the decision the company made. A week later, Mozilla has announced it is backing away from digital currency acceptance for now and has “paused the ability […]

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Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining

Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto MiningThe government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining. The European Commission has revealed it is already working to promote a transition to “more sustainable” protocols. Extensive Use of Renewable Energy for Mining Is […]

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The Highly Anticipated Carbon Social Platform Has Launched

PRESS RELEASE. The highly anticipated new crypto friendly social platform, Carbon, has launched. Carbon has been in beta stage since March, undergoing thorough testing, improvements and added features and gaining over 12,000 beta testers. Offering an emphasis on free speech as well as great security and privacy, Carbon includes an end-to-end encrypted messenger, integrated crypto […]

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