BitMEX goes carbon-neutral and pledges to go the extra mile
According to recent data, the cryptocurrency sector outputs near 150 TWh of electricity annually, a figure higher than countries like Poland, Norway, Egypt or Sweden. Cryptocurrency exchange BitMEX has become one of the first exchanges in the sector to announce their carbon-neutral status, as well as vowing to offset emissions of all Bitcoin transactions to and from the platform.In a candid statement, the company expressed its intention to go further than merely balancing its emission output, citing a recent purchase of 7,110 tonnes of CO2 credits, approximately valued at $100,000, in....
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