Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers
Bitcoin mining companies must prove carbon neutrality as new regulations come to play, but are carbon offsets enough? Go to Source Powered by WPeMatico
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Bitcoin miners rebut claims made by US Democratic legislators to EPA administrator
In a note authored by Michael Saylor, Nic Carter and Darin Feinstein, the Bitcoin Mining Council alleges that lawmakers can’t tell the difference between a data center and a power plant. Go to Source Powered by WPeMatico
World Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake
According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26, with an accompanying video that claims “miners could stake their own bitcoins to verify transactions.” WEF on Bitcoin’s Proof-of-Work: A ‘Basic … Read more
Law Decoded: Competing narratives around crypto clash on the Earth Day, April 19-26
The future of crypto adoption will largely depend on which of the competing narratives about digital assets and blockchain’s environmental effects prevails. Go to Source Powered by WPeMatico
Which Proof-Of-Stake Coins Are the Most Environmentally Friendly?
As the popularity of cryptocurrencies grew, so did the amount of energy required to produce them. Especially in the case of the two biggest ones: Bitcoin and Ethereum. This has sparked criticism from environmentalists, who have begun to express concerns about digital assets’ impact on the environment. Nonetheless, Bitcoin and Ethereum are fairly old blockchains … Read more
Bitso to Offset Carbon Emissions From the Trading Platform’s BTC, ETH, ERC20 Transactions
On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto company’s environmental impact. Bitso to Offset Crypto Transaction Carbon Emissions by … Read more
Wildlife conservation efforts turn to NFT-funded initiatives
Coorest and the PLCnetwork of the Southern Hemisphere believe that blockchain and NFT technology are a solution for protecting endangered wildlife and funding costly conservation areas. Go to Source Powered by WPeMatico
US lawmakers sound alarm to EPA over environment concerns of crypto mining
In addition to air and water pollution as a result of energy production, the lawmakers pointed to electronic waste from mining rigs, and noise pollution in surrounding communities. Go to Source Powered by WPeMatico
Wikimedia community supports proposal to stop foundation from accepting crypto donations
The arguments in favor included environmental concerns surrounding Bitcoin transactions and “the risk to the movement’s reputation for accepting cryptocurrencies.” Go to Source Powered by WPeMatico
Mozilla to Reinstate Crypto Donations — Organization Will Not Accept Proof-of-Work Cryptocurrencies
During the first week of January, the software community Mozilla revealed it was pausing cryptocurrency donations after citing environmental concerns. 14 weeks later, Mozilla decided last week it will accept crypto donations again, but only from digital assets that leverage a proof-of-stake (PoS) consensus model. Mozilla Plans to Accept PoS Crypto Assets Only, Executive Says … Read more
