Auto Added by WPeMatico

Greenpeace’s Anti-Bitcoin “Mining for Power” Report Receives Fierce Backlash on X

“Mining for Power,” an anti-Bitcoin report by Greenpeace USA that explains the links between the bitcoin mining industry and fossil fuel companies, has faced a backlash in social media due…

Continue ReadingGreenpeace’s Anti-Bitcoin “Mining for Power” Report Receives Fierce Backlash on X

Greenpeace: Bitcoin Is ‘Falling Behind’ in the Battle Against Climate Change

Greenpeace, the international, environment-conscious non-governmental organization (NGO), has criticized the lack of action that Bitcoin-related groups have adopted in the battle against climate change. Rolf Skar, of Greenpeace USA, stated…

Continue ReadingGreenpeace: Bitcoin Is ‘Falling Behind’ in the Battle Against Climate Change

BTC energy use jumps 41% in 12 months, increasing regulatory risks

Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining.

Continue ReadingBTC energy use jumps 41% in 12 months, increasing regulatory risks

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…

Continue ReadingWorld Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake