Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions

Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas EmissionsAccording to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 million tons of carbon dioxide per annum. Moreover, CCAF’s report details that “Bitcoin’s environmental footprint is more nuanced and complex” and because of complexity issues it […]

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Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin

Michael Saylor Publishes Open Letter Discussing the 'Sheer Volume of Misinformation' Tied to BitcoinThe Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting climate change. The science and tech department believes […]

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Bitcoin Mining Threatens America’s Climate Change Efforts, White House Science and Tech Department Says

Bitcoin Mining Threatens America's Climate Change Efforts, White House Science and Tech Department SaysThe Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians should take action against crypto mining. The federal government’s entity recommends the Biden administration should encourage more research about mining’s electricity consumption and codify public policy for […]

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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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NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War

A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region. According to Save Tigray, the NFTs, which are “based on interpreted photos of the tragedy,” will be sold on the charity organization’s […]

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Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners

Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin MinersAfter Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door meetings with North American bitcoin miners. Bitcoin Mining Council Brings Back Memories […]

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