Carbon neutral – DIGIT INFO

Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model

DIGIT — Fri, 10 Dec 2021 14:49:41 +0000

Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current business model and migrate to a blockchain-based platform. This will be built by an independent organization funded initially by Kickstarter to work on the protocol. The new platform will be built on top of the Celo blockchain. Kick-Starting a […]

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El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’

DIGIT — Sun, 21 Nov 2021 18:30:10 +0000

President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no taxes of any kind except VAT, and it would be carbon neutral, with most of the energy powering it coming from geothermal sources. Bukele also […]

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New Brazilian Bitcoin ETF pledges carbon neutrality

DIGIT — Mon, 09 Aug 2021 04:36:29 +0000

Hashdex has promised to invest a portion of the assets managed by its new BITH11 ETF into carbon credits and green tech.

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Bitcoin Mining Operation Reveals Plans to Convert Coal Ash Landfill Into Solar Farm

DIGIT — Thu, 29 Jul 2021 21:30:15 +0000

Following the announcement from Greenidge Generation Holdings that detailed the company would be promoting a carbon-neutral stance, and the firm’s recent partnership with Foundry, Greenidge revealed on Thursday it is investing profits into a renewable energy investment program. The company is in the midst of expediting the closure of a coal ash landfill in order […]

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Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’

DIGIT — Wed, 26 May 2021 20:00:35 +0000

Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. New Rules Aim to ‘Punish Bitcoin Miners’ A regional report published by South China Morning Post’s […]

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Fund Manager One River Files SEC Prospectus for Carbon Neutral Bitcoin ETF

DIGIT — Tue, 25 May 2021 18:30:04 +0000

On Monday, the crypto asset fund manager One River filed a unique bitcoin exchange-traded fund (ETF) registration with the U.S. Securities and Exchange Commission (SEC). According to the Form S-1 filed, One River wants to list a carbon-neutral bitcoin ETF on the New York Stock Exchange (NYSE). One River’s Bitcoin ETF Aims to Provide a […]

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Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month

DIGIT — Fri, 14 May 2021 21:30:21 +0000

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. New York-based Bitcoin Miner Aims to Be Carbon Neutral […]

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China’s Carbon Neutral Stance Puts Pressure on BTC Miners, Sichuan Electricity to Increase 150%

DIGIT — Sat, 24 Apr 2021 18:30:27 +0000

Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%. Meanwhile, Chinese miners located in Sichuan may put more pressure on […]

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Mastercard NFTs will help consumers offset carbon ‘down to a cup of coffee’

DIGIT — Fri, 23 Apr 2021 02:58:45 +0000

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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Earth Day 2021: How the crypto industry is moving closer to going green

DIGIT — Thu, 22 Apr 2021 19:28:54 +0000

Despite what the critics might tell you, blockchain is greener than ever.

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