Bitcoin mining advocate is going state-to-state to educate US lawmakers
The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund.This post was originally published on this site
5 altcoin projects that made a real difference in 2022
2022 was tough on crypto prices, but ETH, LDO, MATIC, DAI and ATOM all made a positive impact on the industry.This post was originally published on this site
Why banking uses at least 56 times more energy than Bitcoin
“Bitcoin uses 0.05% of world energy consumption. Banking uses 56 times more energy than Bitcoin,” Michel Khazzaka, a cybersecurity engineer and cryptographer, told Cointelegraph. This post was originally published on this site
Quebec’s energy manager to seek government approval to stop powering crypto miners
Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms.This post was originally published on this site
What does the global energy crisis mean for crypto markets?
While miners stand to be significantly affected by the current power crisis, there is still some hope that the prevailing macro conditions could work in favor of the crypto industry. This post was originally published on this site
‘Green ETH’ narrative to drive investment and adoption, says pundits
Post-Merge Ethereum has now detached itself from the “crypto mining is bad for the environment” narrative, following its transition to proof-of-stake.This post was originally published on this site
Bitcoin's real energy use questioned as Ethereum founder criticizes BTC
A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower.This post was originally published on this site
Crypto Mining Under White House Scrutiny
Soaring energy costs and climate goals are gradually drawing the Biden administration’s attention towards the toll that the mining of Bitcoin and other cryptocurrencies is having on the environment. The government has tasked a technical team with analyzing these issues, and making recommendations to legislators on Capitol Hill. The White House is very seriously examining […]
US lawmakers sound alarm to EPA over environment concerns of crypto mining
In addition to air and water pollution as a result of energy production, the lawmakers pointed to electronic waste from mining rigs, and noise pollution in surrounding communities.This post was originally published on this site
Seven times Bitcoin miners made the world a better place
BTC mining and the miners, themselves, seem to be doing more than just securing the Bitcoin network.This post was originally published on this site