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DMG Blockchain Solutions Announces Strategic Investment in Crypto Custodian Brane Capital

DMG Blockchain Solutions Announces Strategic Investment in Crypto Custodian Brane Capital
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Bitcoin Is Getting a Bad Rep for Promoting Pollution

June 1, 2021
Cryptocurrencies are catching flak from environmentally conscientious investors who are claiming that the digital assets are “dirty currencies.”
For example, one private equity company bought a decommissioned coal power plant, converted it to burn natural gas, and used it as a “power plant-cryptocurrency mining hybrid,” the Financial Times reports.
Greenidge Generation Holdings stated that it expects to become “the only US publicly listed bitcoin mining operation with its own power source.” In a presentation to investors, the investment firm revealed says it mines Bitcoins for just $3,000.
Climate activists, however, are dismayed that fossil fuels will be used to promote the mining of cryptocurrencies and are pushing regulators to begin cracking down. ....

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Would you pay 10% more for a 'green Bitcoin'?

Image source: Getty Images
Bitcoin(CRYTPO: BTC) has been taking heat for the massive amounts of energy required to mine new tokens and to verify transactions made with existing tokens.
While this issue has been around for years, it’s getting worse as Bitcoin’s energy use continues to increase alongside its growing popularity.
Tesla Inc‘s (NASDAQ: TSLA) Elon Musk recently brought the token’s huge carbon footprint to the world’s attention. Musk said that Tesla wouldn’t sell its Bitcoin holdings – originally purchased for US$1.5 billion. However, he added his company would no longer accept Bitcoin for payment until it was powered by cleaner energy sources. ....

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¿Qué es el "Bitcoin verde" y por qué la industria de la criptomoneda contamina tanto? TECNO El Intransigente

¿Qué es el "Bitcoin verde" y por qué la industria de la criptomoneda contamina tanto? TECNO El Intransigente
elintransigente.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elintransigente.com Daily Mail and Mail on Sunday newspapers.

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Bitcoiners Waving Eco-Friendly Bona Fides Bet on Green Premium

(Bloomberg) Bitcoin’s environmental dark side has been glossed over for years. Elon Musk changed that with a tweet. ....

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