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Greenpeace Unveils ‘Skull of Satoshi’ to Spark Debate Over Bitcoin’s Environmental Impact; Creator Clarifies It ‘Wasn’t Meant to Be Anti-Bitcoin’ – News Bitcoin News

Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark debate about the impact of Bitcoin on the environment. The 11-foot skull was constructed with electronic waste materials and features smokestacks and Bitcoin logos. However, its creator, Benjamin Von Wong, explained it

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New York sued by environmental group after approval of crypto mining facility: Report

The New York Public Service Commission (PSC) was sued by environmental activists on Jan. 13 for approving the takeover of a cryptocurrency mining facility in the state.According to The Guardian, the state Public Service Commission (PSC) is responsible for regulating public utilities, and authorized in September 2022 the conversion of

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US lawmakers introduce bill aimed at reporting on crypto miners’ potential environmental impact

Three United States lawmakers have introduced legislation that would direct the Environmental Protection Agency, or EPA, to report on the energy usage and environmental impact of crypto miners.In a Dec. 8 announcement, California Representative Jared Huffman and Massachusetts Senate Ed Markey said they were “sounding the alarm” the energy use

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Environmental Groups to Spend Another $1M on Ads for Bitcoin Code Change After the Merge

Earlier on Thursday, the Ethereum blockchain – which underpins the world's second largest cryptocurrency – changed its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS), doing away with the need for energy-intensive computing power. Bitcoin, a PoW network, has been facing mounting criticism over its energy use, which is on

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House Lawmakers Send Letters to 4 US Crypto Miners Asking for Details on Environmental Impact

“Blockchain technology holds immense promise that may make our personal information more secure and economy more efficient,” the letters said. “However, the energy consumption and hardware required to support [Proof-of-Work]-based cryptocurrencies may, in some instances, produce severe externalities in the form of harmful emissions and excess electronic waste (e-waste).” Original Source

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Blockchain’s environmental impact and how it can be used for carbon removal

Climate change has become an important issue over the years due to concerns over environmental changes caused by the emission of greenhouse gasses into the atmosphere. Conversations have even reached the crypto space, and blockchain technology is being considered a potential tool to reduce carbon emissions.Cryptocurrencies like Bitcoin (BTC) and Ether

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Environmental groups urge US government to take action on crypto miners

A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to implement new approaches in response to Proof-of-Work and other crypto mining operations.In a letter to the United States Office of Science and Technology Policy on Monday, the Environmental Working Group,

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