Page 12 - Mining Bitcoin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Is equivalent to a country the size of colombia or bangladesh. there are nearly 10,000 bitcoin mining computers here and greenidge wants to build more. 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 are 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... we — right. this is a gas plant and, you know, approximately 50% of the grid in new york state is powered by natural gas. so like all local natural gas plants, whether it's in n...

People _ computer processors to benefit a few people on _ computer processors to benefit a few people on wall street. it's not worth— people on wall street. it's not worth it — people on wall street. it's not worth it. ., . ., , people on wall street. it's not worth it. ., ., worth it. politicians around the world are _ worth it. politicians around the world are still _ worth it. politicians around the world are still trying _ worth it. politicians around the world are still trying to - worth it. politicians around the world are still trying to work. worth it. politicians around the l worl...

You have computers using that electricity to make it coin. the amount of energy used to my kneeis the amount of energy used to my knee is whether bitcoin is around the equivalent to a quarter of the uk's annual use of energy. greenwich argues because it uses gas, it's green and bitcoin mines and they've pledged to use a solar energy plants but it still uses carbon dioxide but greenwich says they offset it. we dioxide but greenwich says they offset it. ~ . ' :: :: , dioxide but greenwich says they offsetit.~ . '::::f offset it. we are 10096 carbon neutral. this _ offset it. we are 10096 carbon ...

This is bbc news broadcasting to the uk and around the globe. our top stories. is offline is the new online? amazon's covid boost fades, as people return to shopping in person. shaking off the virus — a solid quarter of growth sees the us economy back to pre—pandemic levels. inside a digital goldmine — what is the true price of bitcoin to the environment? plus, no driving force — a shortage of truckers hits uk milk deliveries. the industry calls for urgent action.