Tag: ENVIRONMENT

Russian Crypto Industry Scrambles To Attract Miners As Kazakhstan Overtakes Russia In Mining Volume

An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another…

Digital Euro Project Gets Going As ECB Launches Investigation Phase

After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and…

‘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…

Waste Coal-Converting Bitcoin Miner Stronghold Digital Mining Raises $100 Million

On Tuesday, Stronghold Digital Mining, Inc., an ESG-friendly cryptocurrency miner announced it has raised $105 million in two private equity securities funding rounds. Stronghold’s operations convert waste coal into alternative…

Veriblock Reveals Initiative To Recycle Bitcoin’s Energy Consumption By Securing Dogecoin

On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the…

Crypto Proponents Become Skeptical Of Closed-Door Meeting Between Billionaires And Bitcoin Miners

After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like…

John Lennon’s Son Defends Bitcoin- Musician Highlights Carbon Footprint Tied To Consumerism

Over the course of the last week, the concern tied to the environmental impact bitcoin mining produces continues to be a very topical discussion. On May 14, the musician and…

While Bitcoin Energy Concerns Grow, Nobody Discusses The Carbon And Military Violence Backing US Dollars

This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been…

Bitcoin Markets Blood Red After Tesla Announcement, Crypto Economy Sheds Billions

Digital currency markets have seen better days, as billions of dollars were shaved off the entire crypto-economy after Tesla revealed it would not be accepting bitcoin over environmental concerns. The…