Thursday, April 25, 2024
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How is SAI.TECH, a recently listed Bitcoin mining operator, driving towards carbon neutrality?

The past year has experienced a boom in SPAC crypto mergers, with companies like Core Scientific Inc. Bakkt and Cipher Mining being a few notable examples. SAI.TECH (“SAI” or “the Company”) got on the wave of SPAC listings right before SPAC mergers got more difficult. Having gotten officially listed on

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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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Marathon Digital moves Montana BTC mine to pursue carbon neutrality

Bitcoin miner Marathon Digital Holdings plans on taking a big step toward carbon neutrality with plans to transition its Montana mining facility to use sustainable power sources elsewhere.The Nevada-based company intends on relocating its coal-powered Hardin, Montana facility to a location that uses sustainable, non-carbon emitting energy sources. The move

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Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset – Op-Ed Bitcoin News

Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing in the way of you

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Singapore Startup Sells Carbon Neutrality Tokens Backed by Chinese Carbon Credits

Singapore startup Cyberdyne Tech Exchange (CTE) sold its first tranche of carbon neutrality tokens backed by Chinese carbon credits, according to a Monday press release.The exchange said it would sell the tokens, dubbed Carbon Neutrality Token (CNT), back in July.CTE sold tokens corresponding to 5,000 metric tons of carbon credits

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New Brazilian Bitcoin ETF pledges carbon neutrality

BITH11, a new exchange-traded fund (ETF) launched in Brazil by crypto-focused alternative investment firm Hashdex Asset Management, claims to be the country’s first “green” Bitcoin ETF.The fund plans to neutralize its associated carbon emissions through purchasing carbon credits. To meet the ETF’s objectives, Hashdex has partnered with Germany’s Crypto Carbon

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FCC Commissioner Jessica Rosenworcel: Restore Net Neutrality and Expand Internet to All

There are two warring factions at the Federal Communications Commission (FCC). One side represents the business class, or the dominant internet service providers (ISPs) that want less regulation, freer markets, and the ability to determine how to run and where to build their networks. Its apotheosis is found in the current

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