How Bitcoin Beats Wind And Solar In Reducing Emissions
The environmental impact of bitcoin mining has long been a topic of great debate in the community. Due to the amount of energy consumed by the high-powered computers that are required to solve complex mathematical equations to confirm transactions, mining activities have been banned in some regions in a bid to protect a nation’s energy […]
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A misdirection of resources and an obstruction of progress, wind and solar energy reflect the same distracting qualities of altcoins.
A new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions. Data from a recent Ark Invest report highlights another utility for Bitcoin (BTC) mining in the realm of sustainability and energy. According to the findings, there is enormous potential to transform methane emissions into energy for Bitcoin mining, which, in turn, will turbocharge solar and wind-generated electricity at onsite wells. Important research from @skorusARK on #Bitcoin’s potential role in transforming methane emissions into bitcoin mining that will turbocharge....
The Sun Exchange, a South African bitcoin crowdlending platform allows people to invest bitcoin in solar power projects - both locally and globally. There is one striking similarity between climate change and Bitcoin. Both are considered unreal by a section of society. But for most of “concerned” us believe that they both exist – one as a environmental threat and other as a financial disruption. The Sun Exchange meanwhile, is a startup that is working towards using one’s innovation to battle other’s intimidation. One of the main concerns in today’s world is the depletion of fossil fuels....
Carbon markets turn CO2 emissions into a commodity or tradable asset by giving it a price. Blockchain and smart contracts will improve those markets. 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 place to compensate for unavoidable emissions somewhere else through certified....
Bitcoin, blockchain technology and the Internet of Things are dramatically disrupting every industry sector. They’re especially disrupting the energy and utility sector, including the solar energy trading market. Coincidentally, solar energy prices continue to decline, bringing spectacular new business opportunities while protecting the environment.....