environmental – DIGIT INFO

PowerDime launching tokenized renewable energy platform with Chintai

DIGIT — Mon, 02 Dec 2024 19:00:00 +0000

According to data from Market.US, the virtual power purchase agreement market was valued at roughly $16.7 billion in 2023.

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European Investment Bank taps blockchain for Climate Awareness Bond

DIGIT — Tue, 20 Jun 2023 12:28:26 +0000

The Swedish krona-based Climate Awareness Bond will be issued on a blockchain that incentivizes node operators to improve environmental footprint of infrastructure.

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C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking

DIGIT — Fri, 14 Apr 2023 19:30:20 +0000

On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new tool aims to inspire Brazilians to adopt more sustainable behaviors. ‘CBDC Preview’ — Bank Customer […]

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Earth Day: A closer look at crypto projects that make the world a greener place

DIGIT — Fri, 22 Apr 2022 11:31:28 +0000

Here are some of the leading environmentally-conscious projects within the crypto industry and how they are utilizing their technological influence to good effect.

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Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2

DIGIT — Wed, 02 Feb 2022 16:19:44 +0000

During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows talking points condemning the network’s electrical consumption have been greatly exaggerated. According to […]

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Colombian Cryptocurrency Project Kmuschicoin Gains Popularity as Adoption on Local Stores Grows

DIGIT — Thu, 11 Mar 2021 09:05:52 +0000

A Colombian entrepreneur has joined forces with a Venezuelan teenager to launch a cryptocurrency in Boyacá, Colombia. The region is now known in the local crypto industry as the home of the most popular emerging local crypto in the country. Over 5,000 People From Other Countries Currently Hold The “Bitcoin Boyacense” Kmuschicoin, popularly known as […]

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Organizations File Lawsuit Against New York Town to Prevent Bitcoin Mining Facility Expansion

DIGIT — Fri, 25 Dec 2020 05:15:52 +0000

Organizations led by an environmental organization filed a lawsuit against the U.S. town Torrey in New York for giving the green light to expand a bitcoin mining facility at the Greenidge Generation power plant. Environmental Organization Leads Lawsuit Against New York Town for Approving Plan to Expand BTC Mining Facility Per court documents, the Sierra […]

The post Organizations File Lawsuit Against New York Town to Prevent Bitcoin Mining Facility Expansion appeared first on Bitcoin News.

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Blame Banks for Damaging the Environment – Not Bitcoin

DIGIT — Sun, 20 Jan 2019 17:12:32 +0000

Another mainstream media outlet has published a piece warning of the dangers Bitcoin poses to the environment. We’ve heard these overly simplistic arguments countless times before. But even if one was to accept that Bitcoin’s energy consumption is substantial, the figure still pales in significance to traditional financial institutions, whose carbon footprint is colossal. Also […]

The post Blame Banks for Damaging the Environment – Not Bitcoin appeared first on Bitcoin News.

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Researcher: Stop Worrying About Bitcoin’s Environmental Impact

DIGIT — Tue, 21 Aug 2018 23:18:52 +0000

A common mainstream media trope is that Bitcoin mining will soon use so much electrical power it could lead to an environmental catastrophe. We’ve often provided examples of how this is a false narrative, and now an independent energy researcher is saying the same. She points to miners migrating to locations with abundant renewable energy […]

The post Researcher: Stop Worrying About Bitcoin’s Environmental Impact appeared first on Bitcoin News.

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