Tag: Carbon

‘We Want You,’ Pro-Bitcoin Senator Cynthia Lummis Invites Crypto Miners To Wyoming

U.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a recent interview, the senator defended bitcoin’s carbon footprint and later invited miners…

Bitcoin Mining Operation Greenidge Generation Plans To Be Carbon Neutral Next Month

On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows…

Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-Of-Work’s Energy Consumption

Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider…

China’s Carbon Neutral Stance Puts Pressure On BTC Miners, Sichuan Electricity To Increase 150%

Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the…