Environment

Anthony Pompliano, a well-known crypto enthusiast and founder of Morgan Creek Digital, said that there’s no need to apologise for Bitcoin’s energy use. According to the expert, there is nothing wrong with this, since “crucial things in the world use energy”. Crucial things use energy In his…

Senator Elizabeth Warren of Massachusetts has written to Bitcoin miner Greenidge Generation, requesting information on the company’s environmental impact. Warren is sceptical that the company’s operations are environmentally friendly. Will Greenidge compensate for carbon emissions? According to FXStreet, Democratic Massachusetts US Senator Elizabeth Warren sent a letter to Greenidge…

Norway has supported Sweden in proposing measures against mining Bitcoin and other cryptocurrencies. The reason for the growing concern is serious environmental degradation, which could turn into a catastrophe if energy consumption is not controlled. Addressing the European Union According to Cryptopolitan, Norway is going to follow Sweden’s footsteps…

According to research, mining one Bitcoin emits around 1,000 pounds of CO2 (~453.6 kg). Those who don’t want to cause such serious damage to the environment should opt for Stellar Lumens. Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) hurt the most Cryptocurrency mining and environmental protection are incompatible. However,…

Two DLT-based digital identity projects are being developed in different parts of Argentina. Both initiatives are supported by Project Didi, which is financed by the Inter-American Development Bank (IADB). The Inter-American Development Bank (IADB or IDB) is an international financial institution founded in 1959 to subsidise countries of Latin…

China’s ban on mining cryptocurrencies in the country has had immediate consequences that can be felt far beyond the crypto world. First, there has been a drastic effect on mining hardware prices. Now, small private hydropower plants are taking a hit too. Clean energy-powered mining Mining cryptocurrencies requires enormous amounts…

The Bitcoin Mining Council (BMC) – founded by Michael Saylor – has published its first quarterly report. We learn that North Americans use 67% of renewable energy to mine Bitcoin. 32% of the global hashrate The 23 companies of the BMC represent 32% of the global hashrate. They have pooled…

Jack Mallers has just landed a heavy blow against his competition for the second time in a month, leaving Coinbase and other exchanges far behind. Lightning strike Strike is an application powered by the Lightning Network (LN). The latter is backed by the Bitcoin blockchain and allows instant transfers for…