Tag: renewable

Dec 28 2021

Bitcoin’s Green Potential: Energy Consumption Does Not Equal Carbon Emissions

While detractors often cite Bitcoin’s energy consumption as a negative, this doesn’t automatically imply environmental impact.Bitcoin mining has long been singled out for its contribution to rising global carbon emissions. Fortunately for the pioneering cryptocurrency, many of these critiques are based on faulty assumptions and predictions divorced from an understanding of the built-in energy-seeking incentives...

Dec 19 2021

Bitcoin Is Not Dirty: It Is Radically Green

A common misconception, bitcoin is not a drain on the environment but an incentive for ever-increasing energy efficiency.Upon reading the opinion piece in the San Francisco Chronicle penned by Steve Westly, we are reminded of Brandolini’s Law, which we paraphrase here:...

Dec 12 2021

My Node Runs On Home Solar: How Solar Energy Offers Protection From Government And Inflation Like Bitcoin

Dec 12 2021 Published at Bitcoin Magazine under tags  culture freedom node renewable solar

Solar energy, like bitcoin, can be an effective tool to protect oneself from poor government systems — and they even work in conjunction.The mainstream narrative for Bitcoin in 2021 has centered a lot around the “E,” or “environmental” aspect of ESG (environmental, social and corporate governance) and Bitcoin.One point that has not been mentioned is that running your own home on...

Nov 14 2021

Forget Bears: Bitcoin Takes On The Duck Curve

As the bears lick their wounds and escape to the caves for the winter, Bitcoin sinks its teeth into a new animal; the duck curve of the energy grid.FIRST LAW OF THERMODYNAMICS - The law of conservation of energy states that the total energy of an isolated system is constant; energy can be transformed from one form to another, but can be...

Jul 22 2021

What Did Musk, Dorsey, And Wood Say About ESG, Green Energy, And Bitcoin Mining?

The billionaires had a Zoom meeting yesterday, and it’s all crypto Twitter talks about today. Bitcoin should embrace ESG concerns, thinks Cathie Wood. Jack Dorsey hopes Bitcoin will bring world peace. Elon Musk doubled down on his sketchy views about the subject and wasn’t...

May 18 2021

Bitcoin vs. the Petrodollar: Which Is More Environmentally Friendly?

May 18 2021 Published at Unchained Podcast under tags  2021 bitcoin carbon co2 china energy

Last week, Tesla announced they will no longer accept Bitcoin as payment for vehicles. In a timely episode, Alex Gladstein, chief strategy officer at the Human Rights Foundation, and James McGinniss, CEO and co-founder of David Energy, come onto the show to discuss Bitcoin, the petrodollar, and how to contextualize the energy usage of the first cryptocurrency (BTC) versus the leading fiat currency...

Apr 21 2021

Square Makes The Case For Clean Energy Bitcoin

In a new white paper, financial services company Square outlines the opportunity presented by Bitcoin to spur more use of renewable energy.In a white paper released today, financial services company Square outlines the opportunity that Bitcoin presents to facilitate a transition to a cleaner and more resilient electricity grid.The research...

Apr 14 2021

Gryphon Raises $14 Million For Zero-Carbon Bitcoin Mining Operation

Gryphon Digital Mining has raised $14 million for a zero-carbon bitcoin mining operation.According to a release, Gryphon Digital Mining has raised $14 million in a Series A fundraise for the launch of a zero-carbon footprint...

Jan 06 2021

How Large-Scale Bitcoin Mining Is Driving Clean Energy Innovation

Energy consumption from Bitcoin mining is massive, and people are taking notice. The increases have been scaling fast, with mining energy usage quickly surpassing the totals of small countries. And many see this ever-increasing carbon footprint as a threat to climate change. But it's no threat. In fact, increasing energy usage might save the plant. Bitcoin Mining Energy...

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