Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1
The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten. This post was originally published on this site
The most eco-friendly blockchain networks in 2022
This year saw the realignment of the crypto industry toward greener, more energy-efficient blockchains. This post was originally published on this site
ECB official proposes ban on tokens with an ‘excessive ecological footprint’
EU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental impact.This post was originally published on this site
Report: Vast majority of blockchain energy studies ‘lack scientific rigor’
According to researchers, 74% of blockchain energy studies ‘do not build upon existing theories.’This post was originally published on this site
BIS, UN, Hong Kong Monetary Authority conclude tokenized green bonds trial
Project Genesis 2.0 continued the joint effort of exploring blockchain opportunities for green investments. This post was originally published on this site
Researchers allege Bitcoin’s climate impact closer to ‘digital crude’ than gold
Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers. This post was originally published on this site
Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions
According to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 million tons of carbon dioxide per annum. Moreover, CCAF’s report details that “Bitcoin’s environmental footprint is more nuanced and complex” and because of complexity issues it […]
Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin
The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting climate change. The science and tech department believes […]
US lawmakers urge EPA to consider the potential benefits of crypto mining
“Digital assets, and their related mining activities, are essential to the economic future of the United States,” said the group of 14 lawmakers.This post was originally published on this site
‘Buy Bitcoin, plant a tree, lower your time preference’: A Sequoia story
“I’m trying to get people to plant trees,” said Fangorn, a green-fingered Bitcoiner, “as an avenue for low-time preference.” This post was originally published on this site