2022-2-17 04:34 |
Oil and gas giant ConocoPhilips has entered the Bitcoin mining business in a bid to profitably reduce carbon emissions.
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The World Economic Forum (WEF) indirectly endorsed using flare emissions for mining Bitcoin. In an unexpected turn of events, the lobbying group released a video featuring Chase Lochmiller, the CEO and co-founder of Crusoe Energy, talking about turning waste methane emissions into energy.
2023-4-25 20:10 | |
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The new CoinShares report underlines the network’s recent carbon emissions, which amount to nearly 0. 08% globally, are insignificant numbers compared to emissions released by other industries and domains.
2022-2-3 16:13 | |
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The rapid expansion of cryptocurrency over the years has been nothing short of stunning. At press time, the crypto market stood just shy of the $1.7 trillion. But the increasing popularity of cryptocuThe post Bitcoin: Carbon emissions of mining ops remain minimal at 0.8% of global share appeared first on AMBCrypto.
2022-2-1 20:30 | |
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The rapid expansion of cryptocurrency over the years has been nothing short of stunning. At press time, the crypto market stood just shy of the $1. 7 trillion. But the increasing popularity of cryptocuThe post Bitcoin: Carbon emissions of mining ops remain minimal at 0.
2022-2-2 20:30 | |
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According to digital investing firm CoinShares, the Bitcoin (BTC) mining network contributed less than 0.08 percent of the world’s total carbon dioxide (CO2) emissions. According to data gathered by the company, BTC mining contributes only a small portion of worldwide CO2 emissions, especially when compared to the wide range of services made possible by the […]
2022-2-1 10:00 | |
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Bitcoin mining has long been singled out for its contribution to rising global carbon emissions. Estimates suggest that the Bitcoin network consumes roughly 122 terawatt-hours of electricity annually.
2021-12-30 04:30 | |
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New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global electricity consumption over the next decade.
2021-9-22 07:49 | |
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BSO, a global infrastructure and connectivity provider, in partnership with Geneva-based ImpactScope, a social enterprise providing carbon offsetting solutions to digital asset exchanges and crypto mining companies, has become the first connectivity provider to offer clients that trade cryptocurrencies the means to calculate and offset the excess carbon emissions of their operations.
2021-9-16 18:19 | |
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The founder of Digiconomist, Alex de Vries, predicts that, in the long run, the cost of mining a Bitcoin will rise to the price of a Bitcoin. The post Economist claims a $500,000 Bitcoin would be disastrous for CO2 emissions appeared first on CryptoSlate.
2021-8-18 04:00 | |
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2021-8-2 19:00 | |
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SAITECH, a company aiming to solve the climate change crisis, plans to eventually power its crypto mining operations with 100 percent renewable energy, significantly reducing their carbon print emissions in line with China’s strong national policies on decarbonizing by 2060, a new report on June 29 shows.
2021-7-1 05:00 | |
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Published research shows Bitcoin mining produces a mere fraction of the carbon emissions coming from the world’s military-industrial complex.
2021-6-16 15:28 | |
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El Salvador has begun exploring bitcoin mining using energy from its volcanoes, President Nayib Bukele has revealed. “Our engineers just informed me that they dug a new well that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos,” he detailed.
2021-6-10 17:30 | |
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One River has filed for a carbon-neutral bitcoin ETF that makes up for the emissions from mining the blockchain with the use of carbon credits. The post Carbon-Neutral Bitcoin ETF Filed by Digital Asset Management Firm appeared first on BeInCrypto.
2021-5-25 09:30 | |
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China has announced that it will be cracking down on bitcoin mining within the country, in an attempt to protect the country's financial system while reducing carbon emissions. The post China Turns Attention to Bitcoin Mining as Crackdown Continues appeared first on BeInCrypto.
2021-5-22 15:58 | |
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Digihost Technology has reported that over 90% of the energy consumed by its bitcoin (BTC) mining operations is from sources with zero carbon emissions. The post Company Reports Close to Zero Carbon Emissions From Its BTC Mining Operations appeared first on BeInCrypto.
2021-5-18 18:50 | |
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The race is on to become the next mainstream cryptocurrency that doesn’t contribute millions of tons of carbon dioxide emissions due to unsustainable mining practices. Now, a new cryptocurrency called Chia, founded by BitTorrent creator Bram Cohen, is promising to make mining cryptocurrencies at home a whole lot easier (again).
2021-6-8 21:14 | |
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Greenidge Generation has announced it will offset all greenhouse gas emissions from its bitcoin mining operations by June 2021.
2021-5-15 21:12 | |
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Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.
2021-5-13 01:47 | |
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Bitcoin mining in China is so carbon-intensive that it threatens the national goal of reducing environmental emissions, a new study supposes.
2021-4-10 13:33 | |
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One of these projects is the ‘Mining and Metals Blockchain’ initiative, a new project designed to “more accurately trace emissions across the value chain using distributed ledger technology” according to a WEF news release.
2020-12-16 10:03 | |
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One of the planet’s largest energy companies aims to reduce its carbon emissions by partnering with Crusoe Energy Solutions. Equinor will sell electricity generated from waste natural gas to Crusoe who will use it to mine Bitcoin.
2020-8-29 21:42 | |
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Chicago-based cryptocurrency mining startup to help cut gas flaring in West Texas
2020-6-23 19:23 | |
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Recently, it was reported that Bitcoin mining now consumes as much as a quarter percent of the entire world’s electricity supply, putting it on par or higher than many small nations. However, the actual emissions and impact on climate change, according to a new study, aren’t as negative as once believed.
2019-11-20 22:00 | |
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Now, if you have been into the blockchain technology industry for a while, you’d realize that the process of mining consumes quite a bit of electricity. This is quite noticeable, especially where proof of work is required for confirmation of transactions particularly where cryptocurrencies such as bitcoin are concerned.
2019-6-17 14:51 | |
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Bitcoin (BTC) is the most popular virtual currency in the world, but there are some critics that complain that it is contributing to climate change. In order for Bitcoin to operate it needs miners to confirm transactions with ASIC hardware.
2019-6-15 18:56 | |
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Bitcoin’s rising popularity can be attributed to its recent bull run following which, the world’s largest cryptocurrency briefly breached the $9000 mark. At the same time, the cryptocurrency has been plagued with several criticisms from various quarters, one of which is the environmental impact of BTC mining.
2019-6-14 12:00 | |
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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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What Is Mivhash? MIVHASH is a team of blockchain professionals, investors, crypto mining experts, as well as change experts who are working towards a common goal—to ensure that they maximize their investors’ profit beyond what any other platform can offer.
2019-4-7 10:04 | |
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According to a study conducted Manoa researchers at the University of Hawaii, the projected usage of bitcoin could produce enough CO2 (carbon dioxide) to push global warming well above 2 degrees in less than 30 years.
2019-1-9 20:15 | |
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Barry Silbert, the COE and founder of Digital Currency Group, pushed back against claims concerning bitcoin mining that had appeared in the Nature International Journal of Science. The article explained that mining of bitcoin is three times costlier than gold and its emissions are substantial when it comes to the four largest cryptocurrencies. About 3 […]
2018-11-8 19:24 | |
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Crypto Mining Is More Energy Intensive Than Mining Any Other Material A shocking report by a British Journal Nature Sustainability shows that in the past two years, cryptocurrency mining has generated between 3 million and 15 million tons of carbon emissions.
2018-11-6 17:39 | |
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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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According to MarketWatch, Bitcoin mining requires so much energy that it could pose a threat to the international Paris Agreement, which was designed in 2015 to reduce the amount of greenhouse gas emissions released into the earth’s atmosphere.
2018-8-3 12:29 | |
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According to MarketWatch, Bitcoin mining requires so much energy that it could pose a threat to the international Paris Agreement, which was designed in 2015 to reduce the amount of greenhouse gas emissions released into the earth’s atmosphere.
2018-8-3 21:31 | |
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Swiss Alps Energy wants to use empty buildings in the Swiss Alps to create cost-effective and eco-friendly mining centres. Bitcoin mining consumes massive amounts of energy. It requires more energy than the Republic of Ireland and produces 20 megatons of CO2 emissions, which is comparable to the impact of one million transatlantic flights, according to The post Swiss Alps Energy Takes Crypto Mining to Alpine Heights appeared first on ItsBlockchain.
2018-6-11 15:39 | |
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The crypto world is buzzing with the viral rise of Peanut-themed memecoins on the Solana blockchain, following the controversial death of Peanut the Squirrel. As the hype around these memecoins intensifies, Vantard’s presale is also closing in on the $500,000 mark, signaling a growing interest in high-potential meme assets.
Bitcoin prices fluctuate in tandem with US election odds for Trump and Harris. A new meme coin index fund called Vantard offers exposure to high-growth meme coins. Vantard’s Meme Portfolio (VMP) will allow investors to benefit from the “memecoin supercycle” with minimal effort.
Immutable, a leading platform in the Web3 gaming space, recently received a Wells notice from the US Securities and Exchange Commission (SEC) indicating potential enforcement action. The notice, issued shortly after Immutable’s first interaction with the SEC, hints at allegations of securities law violations concerning Immutable’s IMX token, which launched in 2021. This notice has […]
TapSwap, one of the biggest players in the tap-to-earn networks in Telegram, has continued to disappoint users who have been waiting anxiously for its token generation event (TGE), where holders will be able to convert their coins into fiat currencies.
Bitcoin has rallied rather sharply in recent weeks to top the $70,000 level. Still Matthew Sigel – the head of digital assets research at VanEck remains convinced that a sharper rally will materialise once the winner of the US elections 2024 is announced.
The crypto market has had a fairly strong month in October, and November could be better as the fear and greed index rose to the greed area of 67. Bitcoin jumped from the September low of $49,220 to almost its all-time high of $73,800.
NYSE Arca, a leading securities exchange, has petitioned US regulators for approval to list an exchange-traded fund (ETF) based on the Grayscale Digital Large Cap Fund. The Grayscale Digital Large Cap Fund, created in 2018, holds a diversified portfolio of digital assets, including prominent cryptocurrencies like Bitcoin, Ether, Solana, Avalanche, and XRP, and is valued […]