You Searched For "bitcoin carbon" and got 19 results
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2 mins read
Environmental impact of Bitcoin mining has gotten worse since China’s ban, according to a new study
Bitcoin industry groups have often claimed that green mining is gaining prominence. However, a new …
1 min read
China's crypto crackdown expands as a northern province announces new restrictions on mining and trading in cooperation with Beijing
"Cryptocurrency mining consumes an enormous amount of energy, which is against China's 'carbon neut…
Carla Mozée
2 mins read
Bitcoin mining will contribute just 0.9% to total global emissions by 2030, even in the most bullish price scenario: NYDIG
Bitcoin mining will only contribute to 0.9% of global carbon emissions even if the coin's price wer…
Camomile Shumba
1 min read
A Canadian bitcoin ETF aims to offset its climate impact by planting trees to become the 1st carbon-negative investment fund
Accelerate Financial Technologies will be planting around 3,450 trees for every C$1 million investe…
Isabelle Lee
2 mins read
Bitcoin ETF issuer Ninepoint Partners will look to fully offset its carbon footprint
The company said it will apply a portion of its management fee toward becoming carbon neutral in a …
Isabelle Lee
1 min read
The Winklevoss twins' crypto exchange bought $4 million in credits to offset carbon emissions
"We are proud to team up with Climate Vault to offset our exposure to non-renewable mining and cont…
Ethan Wu
1 min read
Miami's crypto-friendly mayor is pitching bitcoin miners on the city's nuclear facilities to shrink their carbon footprint
A Miami-based nuclear plant has been in talks with bitcoin miners over land near the facility to ho…
Ethan Wu
2 mins read
Elon Musk is right. Bitcoin could erase Tesla's strides toward a carbon-free future
Tesla suspended vehicle purchases made using bitcoin just three months after introducing it and it …
Grace Kay
2 mins read
Bitcoin uses more energy than American Airlines and each $1 billion in inflows is equal to owning 1.2 million cars, Bank of America says
Bitcoin has an immense environmental footprint, using as much energy as corporations and countries,…
Sophie Kiderlin
4 mins read
A single Bitcoin transaction has a bigger carbon footprint than 100,000 hours of YouTube videos — here’s how the crypto industry wants to fix that
And, Bitcoin’s carbon footprint — the amount of greenhouse gases generated by mining for the…
2 mins read
Bitcoin's momentum will see an ugly end as regulation kicks in and countries are no longer about to ignore its huge carbon footprint, an investment adviser says
An investment advisor highlighted 2 key factors that pose big risks to bitcoin's momentum: the thre…
Shalini Nagarajan
3 mins read
An Indian home can live for a year with the energy it needs to mine a single Bitcoin
Bitcoin mining has long been criticised for being inefficient and a power guzzler. Now, a new repor…
2 mins read
A market for crypto carbon offsets is reportedly booming, and its drawing DeFi entrepreneurs and big investors like Mark Cuban
Dallas Mavericks boss Mark Cuban told the WSJ he owns Klima tokens, a new crypto asset whose DAO is…
Carla Mozée
2 mins read
Energy costs are soaring, bitcoin's price is plummeting — and that's why big crypto miners are selling tokens at a discount
Profits for bitcoin miners have tumbled in the face of rising electricity costs and a cryptocurrenc…
George Glover
10 mins read
Warren Buffett tears into banks, trashes bitcoin, and warns inflation and recession can lead to big problems
Warren Buffett accused banks of misleading accounting, compared crypto buyers to gamblers, and flag…
Theron Mohamed
5 mins read
Bitcoin mining powers the system that oversees transactions and creates new bitcoins
Bitcoin mining is the way transactions using the cryptocurrency are validated and how new bitcoins …
Charles Bovaird
2 mins read
US crypto mining poses a supply risk to public power utilities, according to Fitch Ratings
Crypto mining could pose power supply issues for public power utilities in the US if not mitigated,…
Hamza Fareed Malik
2 mins read
A New York power plant that mines bitcoin faces big test in governor's office
Greenidge Generation in the third quarter of 2020 said it mined 729 bitcoins and had approximately …
Isabelle Lee
3 mins read
Bitcoin's record-high price means its energy use is soaring again - just as the world tries to tackle climate change at COP26
A higher bitcoin price means more people want to "mine" it - and that means more computers guzzling…