Category: Energy Use

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Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions

Sep 27, 2022 Jimmy Rivera

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…

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Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin

Sep 15, 2022 Jimmy Rivera

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.…

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Bitcoin Mining Threatens America’s Climate Change Efforts, White House Science and Tech Department Says

Sep 8, 2022 admin

The Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians should take…

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Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners

May 25, 2021 admin

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…

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