During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental ...
Tag: Emissions
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...
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis – Mining Bitcoin News
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...
Biden helping states plug orphan oil gas wells, cut methane emissions
Oil pumpjacks operate in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration on Monday announced it will send $1.15 billion to st...
2021 ranks as fifth hottest year as carbon, methane emissions rise
A Cal Fire firefighter from the Lassen-Modoc Unit watches as an air tanker makes a fire retardant drop on the Dixie Fire as trees burn on a hillside on August 18, 2021 near Janesville, California. Pat...