Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was
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Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided
Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided.” Referring
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Iranian crypto miners using household energy will face large fines
Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages.
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Banking system consumes two times more energy than Bitcoin: research
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year.
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Crypto industry brass explains harnessing renewable energy could help BTC miners
Bitcoin mining via renewable energy is already prominent, one CEO explains.
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The Aspiring Answers to Bitcoin’s Enormous Energy Footprint
Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry quickly responded by highlighting the
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