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U.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a recent interview, the senator defended bitcoin’s carbon footprint and later invited miners to her home state on social media. Crypto Mining Adapted to Non-Carbon Emitting Energy With the ongoing crackdown on cryptocurrency mining in China, companies in […]Powered by WPeMatico
As the spotlight turns once again towards the environmental impact of blockchain technologies, support for the Crypto Climate Accord has come from curious corners of the industry, raising questions about its signatories’ motives. Authenticity of CCA’s Support Remains Debatable With concerns surrounding blockchain’s environmental impact garnering a lot of attention, the alarms have grown so […]Powered by WPeMatico
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned renewable usage. The meeting was hosted by Microstrategy CEO Michael Saylor. Elon Musk and […]Powered by WPeMatico
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 […]Powered by WPeMatico
Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company also referred to the carbon footprint of the Bitcoin network and how it is a real issue that needs to be tackled in the future. Square Doesn’t Plan to Purchase […]Powered by WPeMatico
South African property developer, New Age Properties, says it has partnered with Sun Exchange, an online leasing platform, as part of an effort to bring cheap and clean energy to low-income earners. Bitcoin for Solar Cells According to the two companies’ working arrangement, Sun Exchange, which also accepts payment in BTC form, will enable buyers […]Powered by WPeMatico
Mastercard is set to incorporate carbon footprint tracking into its blockchain-based solution, to help consumers offset carbon emissions through their purchases.
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NFTs are coming under scrutiny as more attention is drawn to the carbon footprint of PoW blockchains.
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The announcement ArtStation was launching NFT artworks did not sit well with the platform’s artists, who called for a boycott and threatened to leave the platform.
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“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.”
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