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Nalezeno "Carbon": 306

How NFTs and the Metaverse Can Help Save the Planet


The head of a leading South Korean cryptocurrency exchange has recently promised that its non-fungible tokens featuring the world-famous K-pop band BTS will be minted by “low carbon, eco-friendly” technology after receiving backlash from environmentally conscious young fans about...

China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims


Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...

Senator Rages Over Bitcoin's Less Than 0.08% Carbon Footprint


  The environmental impact of Bitcoin (BTC) and crypto mining took center stage during a hearing on digital assets in the US Senate’s Committee on Agriculture on Thursday, as some senators voiced concerns over the “astonishing” energy usage associated with mining. As reported, the Bitcoin mining...

Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model


Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current business model and migrate to a blockchain-based platform. This will be built by an independent organization funded initially by Kickstarter to work on the protocol. The new platform will...

Reduce Your Website’s Environmental Impact With a Carbon Budget


As I write this, world leaders are gathering in Glasgow for COP26, the international climate change conference, in the attempt to halt (or at least slow down) catastrophic climate change by pledging to end their countries’ dependence on fossil fuels. …

China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations


The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners...

El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’


President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no taxes of any kind except VAT, and it would be carbon neutral, with most of the energy powering it coming from...

Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining


The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining. The European Commission has revealed it is already working to promote a transition to “more...

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