Environment
The environment and the protection of it are becoming increasingly important topics. The blockchain could well provide helpful and innovative solutions, in particular for the ecological transition. Find out the latest news right here!
Thu 30 Dec 2021 ▪ 12h22 ▪
3 min read ▪
by
Mary Anderson
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…
Fri 03 Dec 2021 ▪ 7h25 ▪
3 min read ▪
by
Rudy Bauer
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…
Sat 20 Nov 2021 ▪ 8h59 ▪
3 min read ▪
by
Rudy Bauer
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…
Sun 14 Nov 2021 ▪ 8h55 ▪
4 min read ▪
by
Rudy Bauer
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,…
Sat 06 Nov 2021 ▪ 12h27 ▪
3 min read ▪
by
Rudy Bauer
Concerns regarding the energy-intensive process of mining, which requires powerful computers used on an industrial scale, have drawn attention to the environmental impact of Bitcoin. Tom Steyer, a hedge fund billionaire and environmentalist, characterised Bitcoin as a “huge user of electricity” in an interview with Yahoo Finance. He believes…
Wed 04 Aug 2021 ▪ 14h44 ▪
3 min read ▪
by
Rudy Bauer
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…
Wed 07 Jul 2021 ▪ 22h35 ▪
4 min read ▪
by
Vincent Icardo
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…
Fri 02 Jul 2021 ▪ 20h45 ▪
4 min read ▪
by
Nicolas Teterel
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…
Fri 02 Jul 2021 ▪ 16h05 ▪
4 min read ▪
by
Nicolas Teterel
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…
Mon 24 May 2021 ▪ 19h05 ▪
3 min read ▪
by
Felix Meyer
While Elon Musk is busy complaining about Bitcoin (BTC) mining, the blockchain is helping to resolve some of the transparency issues linked to cobalt mining operations. Towards a more ethical mining industry Human rights defenders, environmental researchers and a diverse array of organisations are increasingly turning their attention…