Much Ado About Nothing: Why Bitcoin’s Environmental Impact Is Exaggerated
How harmful is Bitcoin’s energy footprint to the environment? Are environmentalists and other critics overplaying Bitcoin? ForkLog investigates these questions.
All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Much Ado About Nothing: Why Bitcoin’s Environmental Impact Is Exaggerated
How harmful is Bitcoin’s energy footprint to the environment? Are environmentalists and other critics overplaying Bitcoin? ForkLog investigates these questions.
Iran imposes a full ban on cryptocurrency mining until September
Iranian authorities banned cryptocurrency mining until the end of summer 2021.
Measures to curb illegal mining in Inner Mongolia unveiled
Chinese authorities unveiled a list of measures to combat illegal mining in Inner Mongolia.
Study: Iran Bypasses Sanctions Through Bitcoin Mining
Iran accounts for 4.5% of all Bitcoin mining. The cryptocurrency helps the country circumvent sanctions and buy imported goods, according to Elliptic analysts.
Industry expert says Elon Musk’s initiative is detrimental to the industry
Tech entrepreneur Ragnar Liftrasir called the creation of the Bitcoin Mining Council a “regulatory capture” of the mining industry.
Elon Musk discusses prospects for ‘green’ Bitcoin mining with miners
North American mining companies will form the Bitcoin Mining Council [Bitcoin Mining Council], with the aim of reducing greenhouse gas emissions across the industry. The decision was taken at a meeting with Elon Musk.
Marathon to build a ‘green’ data center for Bitcoin mining
American mining company Marathon Digital Holdings announced plans to build a data center in Texas with a capacity of 300 MW. The new facility is planned to be 70% carbon-neutral.
One River applies for a carbon-neutral Bitcoin ETF
One River Asset Management's Bitcoin hedge fund filed an application to launch an ETF based on the first cryptocurrency. Its hallmark will be purchases of carbon credits to offset CO2 emissions associated with mining the underlying assets.
BIT Mining Limited to Invest Over $9 Million in Mining Centre in Kazakhstan
BIT Mining Limited, the New York Stock Exchange-listed mining company, together with Kazakh partners, is investing in a cryptocurrency mining data centre in Kazakhstan.
China criticises Bitcoin and mining; market falls
The Xinhua News Agency of the PRC published a piece criticising Bitcoin and cryptocurrency mining. The publication complements the authorities' earlier stance, urging action against mining and trading of digital assets.
Greenpeace pauses Bitcoin donations over high energy consumption
A representative of the international environmental organisation Greenpeace told the Financial Times in a comment about the suspension of accepting Bitcoin donations due to the high energy consumption of cryptocurrency mining.We use cookies to improve the quality of our service.
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