You Searched For "bitcoin environmental concerns" and got 20 results
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8 mins read
Bitcoin miners got kicked out of China. Now they're sucking America dry.
Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive a…
Taylor Dorrell
2 mins read
Bitcoin mining rigs are becoming more powerful despite environmental concerns
Mining hardware makers are raising the hash rates on their machines significantly. Hash rates show …
2 mins read
Kevin O'Leary says bitcoin is here to stay as an asset class, but the next wave of institutional money won't come unless miners pivot towards renewable energy
Institutional investors are interested in bitcoin, so miners must ensure that it can meet firms' ES…
Emily Graffeo
1 min read
Bitcoin slides 13% for the week after Elon Musk's bombshell U-turn, but finds some support at $50,000
It was a bad week for bitcoin, with Elon Musk criticizing its energy use and regulators increasing …
Harry Robertson
2 mins read
Elon Musk's Tesla has stopped taking bitcoin, but is weighing greener options. Here are 5 tokens it might consider
Elon Musk said Tesla is looking at more eco-friendly alternatives to bitcoin. There are thousands t…
Harry Robertson
3 mins read
3 bitcoin-mining experts explain why concerns around the cryptocurrency's massive energy consumption are overblown
Bitcoin's rally has reignited fears that mining the coin is harmful to the environment. Crypto expe…
Emily Graffeo
1 min read
Anthony Scaramucci defends Elon Musk's bitcoin holdings amid recent energy-use concerns, says the Tesla CEO has done more than anyone to fight climate change
Anthony Scaramucci said Musk wouldn't invest in a "dirty asset" and the future of bitcoin mining is…
Emily Graffeo
2 mins read
Elizabeth Warren calls for a crackdown on 'environmentally wasteful cryptocurrencies' to fight the climate crisis
Elizabeth Warren said it's time to crack down on environmentally wasteful cryptocurrencies like bit…
Will Daniel
2 mins read
Bitcoin mining isn't just consuming energy, it's also generating 272 grams of e-waste with every transaction
The study indicated that Bitcoin could produce as much as 64.4 metric kilotons of e-waste, ove…
1 min read
El Salvador's president says the country has mined its first bitcoin using volcano energy
El Salvador's President Nayib Bukele said the first bitcoin had been mined in the Central American …
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
1 min read
The World Bank rejects El Salvador's request for help implementing bitcoin due to the token's climate impact
The World Bank said it can't help El Salvador in its mission to make bitcoin legal tender, "given t…
Harry Robertson
3 mins read
Cathie Wood and Anthony Scaramucci discussed institutional investment in digital assets, brushed off bitcoin's ESG woes, and warned investors about excessive leverage in a recent interview. Here are the 10 best quotes.
"Bitcoin is the reserve currency of the crypto-asset ecosystem. It is the flight to safety currency…
Will Daniel
2 mins read
Bitcoin plunges as much as 15% after Elon Musk halts Tesla payments - calling the token's energy use 'insane'
Bitcoin was more than 20% off its record high after Elon Musk made a major U-turn on Tesla payments…
Harry Robertson
1 min read
New York has passed a bill placing a moratorium on cryptocurrency mining as state lawmakers seek to address environmental concerns
The bill targets proof-of-work crypto mining operations that burn fossil fuels. The state Senate pa…
Carla Mozée
2 mins read
Bitcoin's fair value is zero, and the latest boom will spark 'massive' collateral damage, ECB says
The ECB slammed bitcoin, describing the approval of spot ETFs in the US as "the naked emperor's new…
Yuheng Zhan
2 mins read
The Bitcoin Mining Council kicks off with MicroStrategy's boss at the helm - but Elon Musk isn't part of the group
The BMC wants to educate the public about bitcoin mining and has called on miners to share their en…
Shalini Nagarajan
1 min read
Sam Bankman-Fried defends bitcoin's energy use in response to Elizabeth Warren's concerns over environmental impact
Bankman-Fried suggested bitcoin's economic impact justifies its energy use, and noted several devel…
Emily Graffeo
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 …
2 mins read
Crypto bulls challenge Elon Musk's environmental concerns on bitcoin - but billionaire Mike Novogratz takes a softer stance
The self-proclaimed "Technoking" had only recently agreed with Twitter boss Jack Dorsey, saying bit…