Europe moves toward regulatory action on crypto’s environmental impact, energy use
After rejecting a proposal to ban crypto mining, the EU is looking at disclosure and mitigation measures to make crypto assets more sustainable in the coming years.
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Researchers allege Bitcoin’s climate impact closer to ‘digital crude’ than gold
Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers.
Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions
According 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…
Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin
The 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.…
White House science office looks at crypto’s effect on climate, despite scarce data
The White House Office of Science and Technology Policy reaches mixed conclusions about crypto and the climate, against a background of rapid technological change.
Bitcoin could become a zero-emission network: Report
Bitcoin mining with flared gas and animal waste gases could help the world’s largest cryptocurrency on a path to becoming zero-emission money.
US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption
Four members of the U.S. House Committee on Energy and Commerce said they were "deeply concerned" that Proof-of-Work mining could increase demand for fossil fuels.
Carbon credit NFTs are only effective if burned, experts say
Environmental concerns plague both the crypto industry and the world at large. However, if used right, blockchain-based assets could offer some relief.
Blockchain’s environmental impact and how it can be used for carbon removal
Blockchain technology is on its way to being considered by organizations as a way to reduce carbon emissions and improve the environment.
Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader…