Manhattan Solar Partners, LLC has announced plans to construct the biggest renewable-powered cryptocurrency mining data center in the USA.Read more
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.Read more
Despite recent moves by bitcoin into mainstream media, concerns continue to mount over bitcoin’s impact on the environment.
This year has seen a significant rise in celebrities, investors, and major organizations speaking out against bitcoin.
Chile will use blockchain technology to track the use and flow of energy that is created through renewable mechanisms.
The new technology is called Renova, which was developed by Chile’s electricity coordinator CEN.
Tesla CEO Elon Musk has said energy audits of large bitcoin (BTC) miners could help solve the debate around cryptocurrency’s environmental impact.
The comment came as a caveat to Musk’s reply to a post by ARK Invest analysts.
Billionaire investor Chris Sacca believes cryptocurrencies’ environmental problems could spark creative solutions.
The founder of Lowercase Capital admitted to holding a variety of cryptocurrencies, including bitcoin (BTC) and ethereum (ETH).
Digihost Technology has reported that over 90% of the energy consumed by its bitcoin (BTC) mining operations is from sources with zero carbon emissions.
The company also reported that renewable resources provided more than 50% of the energy it consumed in 2020.
Cardano (ADA) parent company Input Output has partnered with World Mobile Group, to provide vital services to Tanzania and Ethiopia.
First, the companies aim to bring sustainable internet connectivity to Tanzania, via renewable, solar-powered energy.
According to a study by Cathie Wood’s ARK Investment Management LLC, and Jack Dorsey’s Square Inc., bitcoin (BTC) mining could incentivize renewable energy development.
The study purports that cryptocurrency mining could drive investment in renewable energy, while making more available to the grid.
Mike Colyer, CEO of Foundry Digital, a crypto mining subsidiary of Digital Currency Group, says that mining Bitcoin could eventually help the world transition to green energy.Read more