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On Tuesday, Stronghold Digital Mining, Inc., an ESG-friendly cryptocurrency miner announced it has raised $105 million in two private equity securities funding rounds. Stronghold’s operations convert waste coal into alternative energy in order to mine bitcoin and other cryptocurrencies. ESG-Friendly Crypto Miner Turns Coal Waste to Bitcoin, Operation Raises $100M While many have been focused … Read more
The UN will keep exploring the uses of blockchain to improve the reliability of data on harmful greenhouse gas emissions. Go to Source Powered by WPeMatico
PERL price defied the marketwide downturn with a 100% rally following the release of an environmentally friendly focused platform that provides users with carbon credits. Go to Source Powered by WPeMatico
After introducing a new carbon-neutral system for Bitcoin investment in April, One River Digital has already applied for a carbon-neutral BTC ETF. Go to Source Powered by WPeMatico
Multiple efforts to ban Bitcoin couldn’t stop the largest cryptocurrency from becoming a $1-trillion asset earlier this year. Go to Source Powered by WPeMatico
On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the effort counters the hostile ‘Blood Bitcoin’ narrative in regard to recent environmental concerns over proof-of-work (PoW). Veriblock to Secure Dogecoin via PoP and Bitcoin’s PoW … Read more
After 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 … Read more
Because of Bitcoin, blockchain’s impact on the climate has come into sharp focus. But can this technology actually be part of the solution for saving the environment? Go to Source Powered by WPeMatico
Miners Glencore, CMOC and Eurasian Resources Group, together with battery material supplier Umicore, are looking for ways to ensure the cobalt used for electric vehicles is traceable. Go to Source Powered by WPeMatico
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year. Go to Source Powered by WPeMatico
