Can renewables help bitcoin become carbon-neutral?

ELN spoke to Andrew Webber, Founder and CEO of Digital Power Optimization on how the sector might reduce consumption

El Salvador to build volcano-powered ‘Bitcoin City’

Residents of the city will not have to pay taxes, EL Salvador President said

Bitcoin can be as hot as volcanic lava in El Salvador

Geothermic power from volcanoes is being used to power bitcoin mining in the country

‘Single bitcoin transaction creates same e-waste as that of two iPhones binned’

That’s the suggestion by Alex de Vries, Economist and Data Scientist who spoke to ELN about his new research on the mountains of electronic waste produced by cryptocurrency mining

Tesla hints return of Bitcoin payments

Elon Musk said the company will start accepting Bitcoin when miners will start to use a reasonable amount of clean energy in their operations

Crypto powered by cow poo?

Bury-based crypto mining company is running its computers using cow manure and other renewable energies

Sandwell cryptocurrency mine found stealing electricity

West Midlands Police has uncovered a cryptocurrency ‘mine’ while searching for drugs in an industrial unit

Tesla ditches Bitcoin as payment over climate concerns

However, the EV and tech giant said it intends to use the cryptocurrency for transactions as soon as mining transitions to more sustainable energy

Mining bitcoin ‘will become a key part of global clean energy future’

Financial services company Square says bitcoin miners can actually complement clean energy production and storage technologies, allowing electricity grids to deploy ‘substantially more renewable energy’

Scientists warn bitcoin mining poses a threat to China’s climate targets

By 2024, Chinese bitcoin mining could generate a carbon output that could exceed the total annual greenhouse gas emissions of the Czech Republic and Qatar