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BBCNEWS Click August 4, 2021 00:43:00

The company argues it s greener than bitcoin mines that use coal in the us and china and that they offset their emissions. but they re still pumping out carbon dioxide to make a cryptocurrency. i spoke to greenidge s chief executive, jeff kirt. some people would think it s absurd but at a time when a lot of people are trying to cut down on their carbon emissions, there s a plant that uses fossilfuels to mind bitcoin. well, i mean, first and foremost, we are 100% carbon neutral in our bitcoin mining operation. we re the first and the only bitcoin mining company that has made that announcement. but you re still putting fossil fuels into the air. you might be offsetting them, but you are still putting fossil fuels into the air. you wouldn t need to offset them if this didn t. right. this is a gas plant and, you know, approximately 50% of the grid in new york state is powered by natural gas. ....

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NYS Assembly Committee Advances Cryptocurrency Mining Moratorium Bill

The Environmental Conservation Committee of the New York State Assembly has voted to approve legislation that would establish a moratorium on proof-of-work authentication methods for blockchain crypto ....

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How the Rise in Digital Currency is Escalating the Growth Of Cryptocurrency Mining Market

/PRNewswire/ FinancialNewsMedia.com News Commentary - The Cryptocurrency mining market has been growing substantially over the past several years and is. ....

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FinancialNewsMedia.com: How the Rise in Digital Currency is Escalating the Growth Of Cryptocurrency Mining Market

PALM BEACH, Fla., Oct. 19, 2021 /PRNewswire/ FinancialNewsMedia.com News Commentary - The Cryptocurrency mining market has been growing substantially over the past several years and is projected ....

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OLB Group announces Launch of Bitcoin Mining Operation with Initial 100 Antminer S19j Pro Cryptocurrency Asic Miners in Zero Carbon Data Center

OLB Group announces Launch of Bitcoin Mining Operation with Initial 100 Antminer S19j Pro Cryptocurrency Asic Miners in Zero Carbon Data Center
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