2022-5-3 18:15 |
A cohort of Bitcoin industry executives has refuted claims made by House Democrats calling on the Environmental Protection Agency to investigate the environmental effects of crypto mining. Bitcoin Industry Challenges... origin »
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Bitcoin users are familiar with the general critical sentiments tied around the asset, the majority of which is environmental sustainability. The debate surrounding Bitcoin’s energy usage has stirred up different theories from market players.
2021-6-1 12:34 | |
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The electric car maker announcing that it will no longer accept Bitcoin citing environmental concerns raises questions about Tesla’s lack of due diligence, DOGE also being a PoW coin, and how Bitcoin’s truth will fight the environmental hazard meme while setting a “very dangerous precedent.
2021-5-13 16:32 | |
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Exclusive Sierra Club This December, three environmental groups and a set of individuals are trying to keep Greenidge Generation from building four new structures for additional Bitcoin mining. Richard Lippes, a Buffalo, NY attorney, filed an Article 78 with the State Supreme Court seeking an injunction to halt construction of the buildings.
2020-12-23 23:48 | |
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We’ve seen the screaming headlines: Bitcoin uses more electricity than Ireland! Bitcoin is an environmental terrorist! Bitcoin will use more energy than the whole wide world by next year! (Yes, really… Newsweek actually published that.
2019-4-25 19:40 | |
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If you’ve gone anywhere near the internet this month, you’ve probably heard about the untimely demise of China’s Bitcoin mining industry. As reported in many media outlets, some three quarters of Bitcoin mining is now non grata in the People’s Republic, which appears to have taken an unusually firm stand on environmental protection.
2019-4-23 00:59 | |
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They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.
2019-4-17 20:52 | |
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By CCN: Antoine Le Calvez, a researcher for CoinMetrics, set out to determine how Bitcoin’s environmental impact compares to that of the auto industry. His striking conclusion? US vehicles consume roughly the same amount of energy in three days as Bitcoin has consumed in its entire existence.
2019-4-15 22:00 | |
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Roger Ver, CEO of Bitcoin. com has agreed to help the Jeju Blockchain Smartcity Association grow the BCH ecosystem. On March 25th, Roger Ver agreed to collaborate with the Jeju Blockchain Smarcity Association in Korea.
2019-3-25 12:30 | |
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“Bitcoin is a bubble, a Ponzi scheme, and an environmental disaster. ” If you're a crypto enthusiast, then you must be aware of the words. The critical words about bitcoin were made some time back by Agustin Carstens, general manager at the bank for International Settlements.
2019-3-23 04:58 | |
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Should banks design their own cryptocurrencies? According to Agustin Carstens, general manager of the Bank for International Settlements, the answer is a definitive “no. ” Crypto Isn’t Cool? Carstens has never been a fan of crypto, having likening bitcoin to a “bubble,” a “Ponzi scheme” and an “environmental disaster” in the past.
2019-3-23 02:33 | |
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The world famous economist who called Bitcoin ‘a bubble’ and ‘an environmental disaster’ has lashed out criticism at central bank cryptocurrencies
2019-3-27 19:01 | |
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United States’ Missoula County, also referred to as a hub of five valleys, is planning to regulate cryptocurrency miners so that they comply with zoning and noise regulations and most importantly, forgo fossil fuel energy in an effort to reduce climate change, as reported by the local publication Missoulan on March 20.
2019-3-21 15:59 | |
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The narrative that Bitcoin uses as much electricity as [insert small nation’s name here] annually is almost as tired as “tulip-mania” or comparisons to the “dot-com bubble” at this point. Yes, the Bitcoin network is power-hungry but that hardly tells a full picture of its environmental impact.
2019-3-14 00:00 | |
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Since it came to life in early 2009, Bitcoin has begun disrupting the world of finance. Over the years, this decentralized digital currency came to mean different things for different people.
2019-2-18 18:30 | |
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If you’ve been following the news and social media discussion regarding Bitcoin for very long at all you’ve likely seen multiple articles castigating Bitcoin as a harbinger of environmental degradation and destruction.
2019-2-5 12:16 | |
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Latest Bitcoin News That environmentalists are always on Bitcoin case is appalling. Why not ambush traditional banking set ups whose carbon footprints are on par oil sector players? The more they critic the network–even going to lengths of comparing facilitators as miners as environmental enemies, the more we have reasons to believe that their green […] The post Bitcoin Price Analysis: BTC Wild Cards, $3,500 Last Frontier appeared first on Ethereum World News.
2019-1-21 15:00 | |
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When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs.
2018-12-22 21:41 | |
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In this series we look past 2020 to what the future holds for crypto beyond fiat-pegged stable coins and speculative prices to the original ethos of crypto and the cypherpunk movement - to redesign our economic, social, political and environmental structures .
2018-12-19 01:00 | |
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As chairman and co-founder of the Social Alpha Foundation (SAF), Nydia Zhang has left a solid mark on the blockchain and cryptocurrency space, though, as a young art student at the University of Washington in 2011, blockchain was far from the direction she saw her life taking.
2018-12-6 18:13 | |
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Money makes the world go round and capitalism is based off that notion. However, what happens when there are no profits in sight, and the costs are too high; for the producer as well as for the environment.
2018-12-2 22:43 | |
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Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin.
2018-11-20 23:08 | |
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An executive board member of the European Central Bank (ECB), Benoit Coeure, dealt a verbal blow to bitcoin and the infant cryptocurrency industry when he termed the digital currency “a combination of a bubble, a Ponzi scheme, and an environmental disaster,” per a report by Bloomberg, published November 15, 2018.
2018-11-19 09:00 | |
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A report published today has stated that mining $1 worth of Bitcoin requires more electricity than mining almost any material traditionally dug from the earth. The authors state that between three million and 15 million tons of carbon emissions have been caused by the sector over the last two years.
2018-11-6 00:00 | |
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Bitcoin mining could spell the doom for the environment by emitting enough CO2 to raise the average global temperature more than two degree Celsius in as little as 15 years, predicts a group of researchers.
2018-11-1 20:00 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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The new Chief Market Strategist at Ripple, Cory Johnson has been working at the company for just under a year now, however, in a recent interview with BreakerMag the crypto-San Francisco based company is in regular discussions with Trump’s administration.
2018-10-15 15:30 | |
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You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF).
2018-10-9 20:10 | |
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Terror financing is taking on a new shape, but still retaining its old aides. Environmental crimes such as wildlife trafficking and illegal ivory sales have overtaken the drug trade as the major income source for terrorists around the world, accounting for more than a third of their revenue.
2018-10-2 11:35 | |
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Internet and phone giant AT&T has designed a set of blockchain solutions compatible with both IBM and Microsoft technology to help customers reduce risks and costs and solve other complex business problems.
2018-9-28 00:04 | |
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Researchers in Australia announced on Wednesday a successful trial run of next generation blockchain that can reach cross-border speeds of 30,000 transactions per second. Operating on Amazon Web Services’ (AWS) cloud infrastructure, the test potentially paves the way for global enterprise-scale applications of the technology.
2018-9-28 23:00 | |
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Researchers in Australia announced on Wednesday a successful trial run of next generation blockchain that can reach cross-border speeds of 30,000 transactions per second. Operating on Amazon Web Services’ (AWS) cloud infrastructure, the test potentially paves the way for global enterprise-scale applications of the technology.
2018-9-28 23:00 | |
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Canada’s largest cryptocurrency mining operator has been threatened with having its power cut off. Due to growing environmental concerns, Hut 8’s Bitcoin operation in Medicine Hat is to be one of the first to go in case of intense heat waves, CBC reports.
2018-9-24 14:02 | |
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ConsenSys Social Impact — a program designed to build blockchain-based solutions for global humanitarian issues — is partnering with MakerDAO and optiMize to launch a new Blockchain for Social Impact Incubator at the University of Michigan in Ann Arbor.
2018-9-20 01:55 | |
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Blockchain technology has the potential to solve many of the world’s most pressing environmental problems by disrupting the way the world manages their resources. According to a report published on September 14, 2018, by the World Economic Forum (WEF), PwC, and Stanford Woods Institute for the Environment, blockchain applications that can help the environment range […] Report Shows 65 Ways Blockchain Technology Could Solve Existing Global Environmental Problems was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-9-17 18:59 | |
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BitFury, a crypto mining equipment manufacturer, is now using low environmental impact refrigeration technology to maintain crypto-mining equipment at its mining farm in Tbilisi. It entails a method of immersing Bitcoin mining devices in tanks containing a non-conductive liquid to keep them cold.
2018-9-20 12:18 | |
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As Bitcoin mining operations ramp up worldwide the electrical cost of mining is drawing the ire of municipalities and environmental groups alike. However, Soluna is looking to offset the carbon footprint of mining Bitcoin through its wind power plant in the Sahara Desert.
2018-8-27 13:00 | |
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In today’s edition of Bitcoin in Brief we cover stories about Intercontinental Exchange’s crypto trading platform Bakkt, which won’t be offering leverage or margin trading, and a US politician who has revealed she’s bought a couple of cryptocurrencies.
2018-8-22 12:55 | |
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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.
2018-8-22 02:03 | |
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In a message on GEAR Token’s website, iconic political talk show host Larry King says that global climate change is threatening humanity’s existence and is “a potentially catastrophic issue from the combustion of fossil fuels .
2018-8-13 18:08 | |
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The fact that great responsibility accompanies great power has become crystal clear in the blockchain world. While blockchains are most commonly connected with commerce, the potential impact of distributed ledgers is being discovered in fresh sectors daily.
2018-8-10 20:51 | |
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Is mining Bitcoin worth the threat it poses our very existence? Whilst Bitcoin offers communities and society a chance to access a new technology and a form of value that is not regulated by the government, it’s production and mining does have a detrimental impact on the planet, yet, few people seem to recognise that this is the case, especially those scholars who are big on blockchain.
2018-8-10 06:00 | |
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As cryptocurrency and blockchain technology advances, the environment is suffering. For some, the answer to offsetting the environmental impact of cryptocurrency is–you guessed it–more cryptocurrency.
2018-8-7 02:00 | |
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What’s the best that can happen? That’s the focus of Fetch. ai in the realm of artificial intelligence (AI). Episode 025 of the What Bitcoin Did podcast featured a wide-ranging conversation between host Peter McCormack and Fetch co-founder/CTO Toby Simpson about both best-case and worst-case outcomes for AI.
2018-7-20 19:38 | |
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With bitcoin becoming more competitive, a new organization looks to bring decentralization back to mining by renovating the Proof of Work (PoW) consensus algorithm that some miners have come to love.
2018-7-18 19:00 | |
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There are over 600 million Africans living without electricity despite an abundance of sunshine and hundreds of thousands of solar projects on the drawing board.
2018-7-17 17:41 | |
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And the crypto community promptly had a field day with those remarks. Back in February, he called bitcoin “a combination of a bubble, a Ponzi scheme and an environmental disaster” during a lecture.
2018-7-14 14:56 | |
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An exchange can get hacked and attacked, allowing hard-won earnings to vanish into the coffers of criminals without a trace. The blockchain, in all its beauty, is gobbling up power as it grows, raising questions about its environmental impact as it drives decentralization.
2018-7-14 01:58 | |
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When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
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After getting out of crypto after FTX, one man went “all in” on Michael Saylor and made a fortune.
Marathon Holdings restocked over $1.5 billion worth of Bitcoin using proceeds from its convertible note offering.
After completing a convertible note sale, Bitcoin miner Marathon Holdings has increased its total BTC holdings to $3.9 billion.
Bitcoin reached the milestone on December 5 Over the past 30 days, Bitcoin has increased in value by nearly 50% and 140% in YTD value It comes as President-elect Donald Trump named Paul Atkins as the next US SEC chair Bitcoin has reached a new all-time high, hitting $100,000 for the first time, continuing its […] The post Bitcoin hits $100k for the first time as bull run continues appeared first on CoinJournal.
With Bitcoin just shy of the $100,000 milestone, are profit-takers controlling the market, or is this a setup for another massive rally? BTC cools off Bitcoin (BTC) has had an exciting run recently, but it seems the party is taking…
The planet’s biggest Bitcoin bull Michael Saylor, is predicting a six-figure Bitcoin by December and he’s already planning the party to celebrate