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IMF execs float raising crypto mining electricity prices by 85%

[Aug 16 1:44 AM] A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives.

Report: Bitcoin Mining Sustainable Energy Usage Reaches 54.5%

[Jan 24 2:00 AM] Daniel Batten, co-founder of CH4 Capital, reported that bitcoin mining has reached all-time high levels of sustainable energy usage and emissions mitigation. According to Batten, 54.5% of the energy used for this activity is sustainable, and the…

Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy

[Aug 13, 2023 11:30 PM] A new study suggests bitcoin mining could actually help drive the transition to renewable energy sources. Researchers Juan Ignacio Ibañez and Alexander Freier make the case that Bitcoin miners’ demand for cheap electricity provides…

Will Biden's plan to tax crypto mining reduce emissions? Critics say no

[May 5, 2023 9:14 AM] The tax is intended to reduce greenhouse gas emissions, electricity costs and local environmental pollution, but has not been kindly received by the crypto community.

Here Are Six New Projects Looking to Mitigate Bitcoin Mining’s Energy Footprint

[Apr 22, 2023 8:51 AM]

Solana’s Annual Carbon Footprint Equals 8 Flights From London to New York

[Apr 21, 2023 10:00 AM] The real-time dashboard, produced by the Solana Foundation, shows how much carbon the smart contracts platform is emitting.

C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking

[Apr 14, 2023 1:30 PM] On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new…

ANZ Bank Completes Carbon Credits Trading as Part of Australia's CBDC Pilot

[Apr 5, 2023 11:59 PM] Australia and New Zealand Banking Group Limited (ANZ) has completed the first use-case of carbon credit trading as part of Australia's central bank digital currency (CBDC) pilot.

Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.

[Mar 22, 2023 7:00 AM] The company can reduce the carbon footprint, land and water use of bitcoin miners through its technology.

ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use

[Mar 9, 2023 9:30 AM] Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to…

Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations

[Mar 6, 2023 3:30 PM] Terawulf, a bitcoin mining operation, has announced that it has energized the first nuclear-powered bitcoin mining facility in the United States at the company’s Nautilus Facility in Pennsylvania. According to the company, approximately 1…

Can blockchain help combat climate change?

[Mar 5, 2023 8:07 AM] Blockchain’s transparency and traceability can aid sustainability and reduce carbon emissions for climate change.

Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions

[Dec 9, 2022 3:30 AM] On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA)…

Greenpeace: Bitcoin Is ‘Falling Behind’ in the Battle Against Climate Change

[Nov 22, 2022 3:30 AM] Greenpeace, the international, environment-conscious non-governmental organization (NGO), has criticized the lack of action that Bitcoin-related groups have adopted in the battle against climate change. Rolf Skar, of Greenpeace USA, stated that…