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

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…

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

US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis

Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high energy usage and carbon…

Continue ReadingUS Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis

Fossils vs. Renewables, PoW vs. PoS: Key policy issues around crypto mining in the U.S.

A recent meetup on the Capitol Hill highlighted several key debates that will define the mining industry’s development in the years to come.

Continue ReadingFossils vs. Renewables, PoW vs. PoS: Key policy issues around crypto mining in the U.S.