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“# Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel ” In the latest Cointelegraph Crypto Duel, founder of Digiconomist Alex de Vries and CEO and founder of Blockchain for Climate Joseph Pallant debated the intensity of Bitcoin’s footprint and possible paths forward to reduce it. As pointed out by de Vries, Bitcoin’s energy…
“# Bitcoin mining in China set for ‘stricter supervision’ due to carbon concerns ” China’s crypto mining operations may be set for stricter supervision in the future, with the Government reportedly concerned about the energy consumption of Bitcoin mining in particular. Beijing sent an “emergency notice” to conduct checks on data centres involved in Bitcoin…
“# 100 fascinating facts about crypto’s last 100 days ” Crypto data aggregator CoinMetrics has compiled a list of 100 insights into the recent performance of the digital asset markets — and the figures add up to a very bullish picture for the ecosystem. Released to celebrate the 100th issue of its State of the…
“# The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining ” Tesla — a top 10 company in the Fortune 100 that is run by one of the world’s wealthiest people, Elon Musk — transferred $1.5 billion of its treasury cash into Bitcoin (BTC) in early February. Musk’s Bitcoin purchase startled traditional investors, who…
“# Bitcoin greenwashing? Lawmakers want clearer definitions of green energy ” Legislators in the United Kingdom have asked for greater regulatory powers to combat the rise of financial “greenwashing” — a deceptive practice where a company overstates or fabricates the extent of its green energy usage. A report by the House of Commons cross-party Treasury…
“# ‘Bitcoin incentivizes renewable energy’ agree Elon Musk and Jack Dorsey ” Some of Bitcoin’s most prominent backers have sought to make the case for Bitcoin’s environmental efficiency, with a collaborative paper from researchers at financial services firm Square and investment manager Ark Invest asserting that Bitcoin mining can drive increased efficiency in renewable energy…
“# Algorand pledges carbon-negative blockchain ” Smart contract platform Algorand plans to achieve a carbon-negative network by implementing a “sustainability oracle” in partnership with ClimateTrade, in a move that could make blockchain adoption more environmentally friendly. The partnership, which was announced Thursday, enables Algorand to notarize its on-chain carbon footprint and then lock the equivalent…
“# Texas wants to protect privacy elements of blockchain companies, says Blockcap ” Crypto mining company Blockcap, which recently announced it would be setting up new offices in Austin, says Texas could become an alluring region for the industry. In an exclusive interview with Cointelegraph, Blockcap founder and executive chair Darin Feinstein said the firm…
“# Jackson, Tennessee follows Miami’s lead to adopt Bitcoin operations ” Jackson, Tennessee is the latest city in the United States moving to adopt Bitcoin (BTC) payments and mining, following recent crypto developments in Florida. Jackson Mayor Scott Conger announced Wednesday that the city is actively exploring the option to pay its employees in cryptocurrency…
“# Governments can stop Bitcoin by shutting down mining, says Electric Capital exec ” Electric Capital co-founder and partner Curtis Spencer implied that the Bitcoin network may owe its continued existence to the grace of world governments. In a panel at the Collision web summit on Tuesday, Spencer said lawmakers are the ones giving Bitcoin…