Soluna Receives $35M From Spring Lane to Build Green Data Centers
The money brings Soluna’s total funding for data centers co-located with renewable energy assets to $100 million. Original Source
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Green
Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers
Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as senior decision-makers and investors pay closer attention to environmental, social and governance factors. As such, many crypto miners are highlighting environmentally friendly practices by acquiring carbon offsets. Yet, some would
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Go green or go home? What the NY State mining moratorium could mean for crypto industry
On April 26, the State of New York put itself at the forefront of the regulatory struggle with crypto, as its Assembly voted for a two-year moratorium on crypto mining operations that use energy generated by fossil-fuel power plants. Depending on how one looks at it, this development could either
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Bitcoin Payments Remain in Their Infancy But There Are Green Shoots Everywhere
In crypto’s early days, many physical retailers announced they were going to accept digital currency, only to shutter their plans. “Physical store acceptance of crypto is more important to monitor, as over 85% of sales in the U.S. occur in stores rather than online,” Morgan Stanley’s cryptocurrency analyst Sheena Shah
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New York State Assembly passes ban on new BTC mines that don’t use green power
The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in the state that use a carbon based fuel to power their operations.The bill sponsored by Anna Kelles would not only impose a
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Green finance needs voluntary carbon markets that work
The United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland catalyzed a commitment to carbon neutrality, achieving net-zero carbon emissions, requiring reducing emissions as much as possible, and balancing the remaining emissions with the purchase of carbon credits.A carbon credit reduces, avoids or removes carbon emissions in one
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This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy
April 22 is Earth Day and with environmental sustainability one of the key topics in the global debate surrounding Bitcoin mining, analysts say the industry has begun to naturally gravitate towards cleaner and cheaper energy sources.According to a January report by the Bitcoin Mining Council, by Q4 2021, the global
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Algorand Rents Times Square Billboard to Tout Green Cred Ahead of Earth Day
“We wanted to make a bold statement on a large platform to educate the general public that advances in blockchain technology like those employed at Algorand have made it more green and sustainable than the first generation proof-of-work blockchains, and definitely more green than traditional banking and finance rails,” said
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Michael Saylor: Biden’s Executive Order Akin to POTUS Giving ‘Green Light to Bitcoin’
The longtime bitcoin supporter was as optimistic as ever about bitcoin in a conversation with Ark’s Cathie Woods at Bitcoin 2022 in Miami. Source
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Bitcoin’s Guppy Indicator Flashes Green for Bulls
The 200-day moving average defines the immediate resistance seen at $48,300. Early this week, the bulls failed to force a breakout above that widely-tracked technical line. Since then, the price has pulled back to $45,000, perhaps tracking weakness in equity markets. The S&P 500, Wall Street's benchmark index, fell 1.5%
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