Bitcoin miners in Norway run their operations solely on renewable energy thanks to the country’s climate-conscious industry, according to a report by Arcane Research. Miners in the country also benef...
Tag: Carbon
Bitcoin Mining Firms Send Carbon Emissions Packing Wholly
There have always been concerns regarding the Proof-of-Work consensus model’s environmental effects and energy consumption. Marathon Digital is one such company that is reconsidering the fact and is ...
Marathon Digital to relocate Bitcoin mining facility to carbon neutral energy sources
Bitcoin miner Marathon Digital Holdings plans to relocate its coal-powered Hardin mining facility in the US state of Montana to a more sustainable location. This is part of its efforts to reduce its c...
Flowcarbon-Centrifuge Partnership Will Activate Carbon Finance
flowcarbon, a climate tech firm based in New York, is partnering with Centrifuge, a well-established DeFi (decentralized finance) platform, to unleash the carbon finance project and scale the voluntar...
Marathon Digital moves Montana BTC mine to pursue carbon neutrality
Bitcoin miner Marathon Digital Holdings plans on taking a big step toward carbon neutrality with plans to transition its Montana mining facility to use sustainable power sources elsewhere. The Nevada-...
IPCC cites cryptocurrency as carbon emissions factor in landmark report
A new report from the Intergovernmental Panel on Climate Change (IPCC) released Monday contained dire warnings about future climate risks. The report from the IPCC, an intergovernmental panel within t...
OneConnect Launches Blockchain Integrated Dual Carbon Innovation Lab
OneConnect Financial Technology Co. Ltd. has announced the launch of the Innovation Laboratory of Carbon Emission Governance Blockchain and Energy Technology (the “Dual Carbon (carbon peaking and carb...
Chinese Real Estate Giant Partners With Singapore Exchange On Cross-border Digital Carbon Credits
Greenland Group, a real estate giant backed by the Chinese state, has collaborated with MetaVerse Green Exchange (MVGX), a Singapore-based digital securities exchange through its financial arm, in ord...
The Concept Of Scope 3 Greenhouse Gas Emissions, And How To Measure Them For Carbon Management By Fossil Energy And Other Companies. Part 2.
Diesel trucks and cars emitting greenhouse gases near Banning, California. Getty Images There is a growing need for companies to adopt carbon management, meaning to reduce their greenhouse gas (GHG) e...
The Concept Of Scope 3 Greenhouse Gas Emissions, And How To Measure Them For Carbon Management By Fossil Energy And Other Companies. Part 1.
Emissions from petrochemical plant on Teesside, UK. Getty Images There is a growing need for companies to adopt carbon management, meaning to reduce their greenhouse gas (GHG) emissions. Bankers and p...
Interactive Brokers Releases Carbon Offsets through Its IMPACT App
US-listed brokerage firm Interactive Brokers (Nasdaq: IBKR) announced on Wednesday that it launched Carbon Offsets, which will be available through its mobile trading app IMPACT. According to the pres...
EU’s ‘Bitcoin Ban’ Fell Short but Experts Still Have Ideas for Fixing Crypto’s Carbon Costs
“On Filecoin, making yourself more sustainable and more green makes you a better market player to sell this storage,” said Hoogland in an interview. “We will soon have a 100% full transparency on-chai...
Bitcoin’s global carbon footprint accounts for 0.19%, is green energy the solution?
According to a study run by Bankless Times, the carbon footprint created by Bitcoin mining globally accounts for 0.19%, which is the same amount the Czech Republic emits as an entire country. Data col...
Major New Roads In England May Have Funding Pulled If They Increase Carbon Emissions Or Don’t Boost Active Travel
Earthworks and preparation of formation during construction of Great Leighs bypass, Essex, United … [+] Kingdom,. (Photo by Liz Artindale/Construction Photography/Avalon/Getty Images) Getty Imag...
JustCarbon and Likvidi’s new Carbon credits are ready to go live- know why is this important
Likvidi and JustCarbon both announced the launch of tokenized carbon credit trading systems. The system allows participants to sell greenhouse gas emissions and reduce their carbon footprints. The two...
Know how China Mining Ban had increased Bitcoin’s Carbon Footprint
Beijing’s crackdown on the crypto mining business has increased Bitcoin’s carbon footprint. According to the survey, the percentage of renewable energy utilized to power mining activities has dropped...
Bitcoin network’s carbon emission jumped 17% after China ban: Report
Bitcoin network’s proof-of-work mining consensus has been a topic of evironmental, social and governance (ESG) debates for a long time and a new study may only add to the growing controversy around BT...
New Study Claims China Ban Has Worsened Bitcoin’s Carbon Emissions
One of the most over-flogged issues within the crypto space is the issue of carbon emission associated with Bitcoin mining. Before now, Bitcoin miners were mostly concentrated in China. Mining activi...
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims – Mining Bitcoin News
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-frie...
Carbon studio launches Hyperspace, a free play and earn game
Carbon Based Lifeforms, a new Scottish game development studio, has launched Hyperspace, a space-themed MMO (massively multiplayer online) sandbox game, Invezz learned from a press release. The chain-...
Crypto-Mining Host BitRiver Rus Had Net Zero Carbon Footprint in H2 2021
BitRiver Rus, based in Irkutsk, Siberia, is one of the largest mining firms in Russia, offering hosting services for large-scale mining. Its data centers are 300 megawatts, and the company plans to in...
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis – Coinotizia
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high ener...
NFTrade Looks to Sustainability with New Carbon Offset Feature
NFT marketplace NFTrade is going ‘climate-positive,’ by offsetting the carbon emissions caused by NFT transactions in a new partnership with BrokoliNetwork. In a recent announcement over Twitter, NFTr...
Michigan 2050 Carbon Neutrality Goal Could Be An Economic Engine
Michigan’s new economywide 2050 carbon neutral proposal vaults it into the vanguard of United States climate ambition. It’s just the fourth such goal nationwide with interim targets of 28% carbon redu...
Failure To Stay Carbon Neutral Will Cost Bitcoin Miners Dearly, Kevin O’Leary Warns
ABC’s Shark Tank star, Kevin O’Leary, has sounded a warning that environmental, social, and governance (ESG) reporting is going to shake up the Bitcoin mining industry. While many key players are curr...
Polkadot, Cardano, Solana Forerun Bitcoin, Ether As Crypto Assets With Least Carbon Footprints ⋆ ZyCrypto
Advertisement     With the debate on the energy consumption of various crypto blockchains raging on, a new report now shows how various top blockchain networks relate ...
Report: Polkadot emits the least carbon per year out of these six alts
Everybody in the crypto sector has heard the cliche that proof-of-work blockchains destroy the earth, while proof-of-stake blockchains preserve it. However, the world isn’t so simple and neither are t...
Report: Bitcoin mining carbon emissions contribute nearly 0.08% globally
The new CoinShares report underlines the network’s recent carbon emissions, which amount to nearly 0.08% globally, are insignificant numbers compared to emissions released by other industries and doma...
Bitcoin Mining Carbon Emissions at ‘Inconsequential’ Levels: CoinShares
In brief CoinShares says Bitcoin mining is responsible for less than 0.1% of global carbon emissions. It says “the emission costs of Bitcoin are dwarfed by its benefits.” It’s hard t...
Bitcoin: Carbon emissions of mining ops remain minimal at 0.8% of global share
The rapid expansion of cryptocurrency over the years has been nothing short of stunning. At press time, the crypto market stood just shy of the $1.7 trillion. But the increasing popularity of cryptocu...