Council of Economic Advisers Proposes 30% Tax on Miners to Combat Climate Change
Council of Economic Advisers to the President (CEA) proposed a thirty percent tax on miners to prevent them from ruining the climate. Council proposed to introduce the tax in stages over three years, starting with 10% next year. In 2025 to increase the tax to 20%, and the ...
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 ...
Irish Farmer Turns Cow Dung Into Bitcoins Using Excess Energy
An innovative farmer from Armagh, Northern Ireland, has found a novel way to utilize excess energy on his farm - by converting cow dung into digital currency. Tom Campbell, the farm owner, employs a technique called anaerobic digestion to break down biodegradable matter, resulting in the producti ...