Blockchain’s positive impact on sustainable development: Solana Breakpoint

Blockchain technology is having a tangible positive influence on environmental stewardship through innovative projects that are retiring carbon credits, generating staking yields to support ecological initiatives and incentivizing communities to monitor and protect natural resources.Cointe ...

Cambridge Bitcoin Electricity Consumption Index updated to reflect hardware distribution and hashrate increases

Researchers behind the well-known Cambridge Bitcoin Electricity Consumption Index (CBECI) have officially revised its methodology to enhance the accuracy and reliability of the Index’s estimates for the first time since its inception in 2019.The CBECI was launched in July 2019 in an effort ...

How blockchain tech and dMRV can help carbon trading markets

There is a global consensus that greenhouse gas (GHG) emissions are warming the planet, but efforts to accurately measure, report and verify these emissions continue to challenge researchers, nonprofits, corporations and governments. This is especially the case with “nature-based” pro ...

Stronghold requests permission to burn tires for crypto mining in Pennsylvania

Stronghold Digital Mining, a Pennsylvanian crypto-mining company, is currently seeking approval to produce up to 15% of its energy using shredded tires, at its Panther Creek plant in Nesquehoning. Local environmental activists are preparing to oppose the initiative.  ...

UAE signs deal to develop carbon credit system on Venom Foundation blockchain

The United Arab Emirates (UAE) Ministry of Climate Change and Environment (MCCE) is developing a carbon credit system in a preliminary partnership with Industrial Innovation Group and Venom Foundation.Blockchain technology is utilized by organizations and countries to track carbon credits. ...

The Agenda podcast chats with Energy Web on how to fight climate change with the help of blockchain

This summer, parts of the United States are wilting under a multimonth stretch of sweltering heat, and data suggests that summer temperatures will continue to creep up in the coming years. The planet is on what seems to be a pretty clear path to soon reaching 1.5 degrees Celsius of warming for th ...

Bitcoin mining is becoming more environmentally friendly

Bitcoin (BTC) mining’s environmental impact has always been a controversial topic. On the one hand, critics emphasize that securing the Bitcoin network takes more power than some whole countries’ annual electricity consumption. On the other hand, much of the crypto community argues that it is a n ...

Senator Cynthia Lummis Doubts Proposed 30% Tax on Miners’ Income Will Pass

American Senator Cynthia Lummis, known for her cryptocurrency-friendly attitude, believes that the Biden administration's proposed 30% tax on miners' income is unlikely to pass. During the Bitcoin Miami 2023 conference, Cinthia Lummis emphasized her support for miners and c ...

Biden Urges Congress to End Tax Loophole for Wealthy Crypto Investors

Joe Biden addressed Congress and urged lawmakers to take away the ability of wealthy crypto investors to avoid paying taxes. Eliminating this loophole would allow the U.S. to raise about $18 billion for the budget, the president believes. It is not yet reported what specifi ...

World Economic Forum Recognizes Bitcoin Mining’s Environmental Benefits

The World Economic Forum (WEF) has acknowledged the positive impact of bitcoin mining on both the economy and the environment. According to their recent video publication, bitcoin mining has the potential to reduce greenhouse gas emissions significantly. The WEF advocates for the shift of mine ...

MicroStrategy Founder Defends Bitcoin Miners, Rejecting Environmental Pollution Claims

MicroStrategy's founder, Michael Saylor, has recently defended bitcoin miners, stating that their activities are not harmful to the environment, but instead, reduce energy bills for citizens. This comes after Senator Elizabeth Warren criticized miners for increasing energy bills for millions of A ...

Canadian Artist Benjamin von Wong Clarifies Intentions Behind Greenpeace Bitcoin Installation

Benjamin von Wong, the Canadian artist responsible for the creation of Greenpeace's "Satoshi's Skull" online installation, has recently clarified that his artwork was never intended to be a direct attack on Bitcoin mining or its Proof-of-Work (PoW) consensus algorithm. Instead, von Wong explained ...

Greenpeace’s “Satoshi Skull” Raises Awareness of Environmental Impact of Bitcoin

Greenpeace's campaign to highlight the environmental risks associated with Bitcoin mining has taken an unexpected turn as supporters of the cryptocurrency have embraced the organization's artwork as a new symbol. The "Satoshi Skull" installation, created by Benjamin Von Wong and Greenpeace as par ...

Disney Star Launches Starverse Metaverse Platform for Sports Fans

Disney's subsidiary in India, Disney Star, has announced the launch of their very own metaverse platform called Starverse. The platform promises to offer an immersive 3D experience for sports fans, making it a natural fit for a multi-platform, multi-modal, and collaborative experience. Accordi ...