El Salvador, the first country to accept Bitcoin as a legal tender, has announced a plan to build one of the world’s largest BTC mining farms using green energy sources. The Volcano Energy company is handling the project. The public-private…
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Cambridge’s Bitcoin energy report Debunked – Major Bitcoin energy source is Hydro(Green)
In earlier research, the Cambridge Centre for Alternative Finance (CCAF) claimed that coal was the primary energy source for the Bitcoin network which is proved incorrect by Daniel Batten, ClimateTech Investor, Climate Activist and a ESG Analyst. In February 2023’s…
Green Revolution in Cryptocurrency Mining: International Energy Agency Proposes Mandatory Carbon Emissions Reporting
Cryptocurrency miners may soon be required to report their carbon emissions as part of a wider push towards greater sustainability in the industry. This article explores the reasons behind the proposed regulation, the potential impact on the mining industry, and…
The Truth About Bitcoin and Its Carbon Footprint – Why Bitcoin is Green ?
Mainstream media and some politicians are painting Bitcoin as a major contributor to climate change. They are pointing out that this magic internet money whose use is still lost on them is destroying the planet with its power-hungry networks of…
Societe Generale Issues Inaugural Digital Green Bond on Public Blockchain
Societe Generale, France’s third-largest listed bank, has taken a significant step forward in its foray into crypto services by issuing its inaugural digital green bond on a public blockchain. The move demonstrates the bank’s commitment to exploring the potential of…
Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill
A Pennsylvania House of Representatives member, Democratic Representative Greg Vitali, recently made a strategic move to advance an energy conservation bill by removing a proposed two-year moratorium on crypto mining permits. This decision was driven by a recognition of the…
How Bitcoin is Lighting a Spark in the Energy Revolution
Once criticized as an energy guzzler, Bitcoin is now emerging as an unlikely hero in the global transition to renewable energy. That’s according to a new report by Dylan Campbell and Alexander Larsen of the IRM Energy and Renewables Group.…
Former British MP Wants Bitcoin Banned For Energy Concerns
Nick Boles, a former UK Member of Parliament for Grantham and Stamford from 2010 to 2019, took to Twitter Tuesday to criticize Bitcoin over its negative environmental impact. He retweeted a post from BBC correspondent Rory Cellan-Jones showing that Bitcoin…
Qtum Partners with Energo for Clean Energy Production
Qtum, also known as Quantum, has partnered with green-energy producer Energo as an innovative step in the cleantech industry. Last April, the China-based coin, which functions similar to Ethereum, went live to announce its collaboration with Energo Foundation Pte Ltd.…
Shocking! This Bitcoin Mining Company Is Having a Nearly 200% Increase in their BTC Production
Bitdeer is a Bitcoin mining company with the goal of changing how certain things work with BTC mining. So, they recently saw a massive surge in their Bitcoin mining for the year and monthly data. Brace up as we dive…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
