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“If I go out on the street now and ask, 'Hey, what is 100 terawatt hours? What is six gigawatt hours?' people don't know,” said Neumüller in an interview with CoinDesk. “So we have tried to contextualized it in the form of pictures, specifically with the buildings and, of course,
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Here Are Six New Projects Looking to Mitigate Bitcoin Mining’s Energy Footprint Source
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The Solana Foundation, in collaboration with data platform Trycarbonara, announced the launch of a real-time tracking dashboard to measure carbon emissions on the Solana blockchain. 1/ Today, the Solana Foundation is leading the charge in the climate fight by making Solana one of the first blockchains to have its emissions measured
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Solana’s servers emitted 10,651 metric tons of carbon dioxide in the 12 months prior to April 1, 2023, according to the dashboard built by footprint calculator Carbonara. That’s roughly equivalent to eight flights from London to New York, based on CryptoX estimates derived from data showing that route would produce
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S&P Global is looking for a decentralized finance (DeFi) director who will collaborate with Chuck Mounts, S&P Global’s chief DeFi officer. Decentralized Finance (DeFi) is a fast-growing sector within the blockchain and cryptocurrency industry that seeks to provide traditional financial services, like lending and yield-bearing securities, in a decentralized and open
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DOGE may have been particularly focused on environmental sustainability – one of the most topical issues of the blockchain industry.Recent research from Forex Suggest has shown that Dogecoin (DOGE) was able to reduce its carbon footprint by a whopping 25% in just a year. DOGE was the only meme coin
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Investing in the digital currency ecosystem has been considered a major gamble by most multinationals.American multinational financial services giant, Fidelity Investments has filed trademark applications to offer services in the alternate reality that will include the metaverse. As reported by The Block citing the company’s trademark filings, the firm hopes
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Fabio Panetta, an executive board member of the European Central Bank (ECB), proposed banning crypto assets with a significant environmental impact as part of efforts to address risks.In written remarks for the Insight Summit at the London Business School on Dec. 7, Panetta said harmonizing taxation around crypto between global
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Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand its footprint into additional client verticals.” Bakkt to Expand Client
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Polygon expects to eliminate a considerable amount of carbon traces from its system as the Merge nears. The Ethereum Merge is just around
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