Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Management found that 20 publically listed companies with a market capitalization of over $1 trillion have about $9.6 billion invested in BTC. Individual investors are also taking an increasing interest in the asset.The “Third Annual … [Read more...] about Carbon-neutral Bitcoin? New approach aims to help investors offset BTC carbon emissions
Emissions
Economist claims a $500,000 Bitcoin would be disastrous for CO2 emissions
The founder of Digiconomist, Alex de Vries, predicts that, in the long run, the cost of mining a Bitcoin will rise to the price of a Bitcoin. de Vries was referring to economic theory, which states competition will drive profits down over time.de Vries, whose website studies the consequences of digital trends from an economic perspective, says, under this scenario, competitive … [Read more...] about Economist claims a $500,000 Bitcoin would be disastrous for CO2 emissions
Offsetting crypto carbon emissions necessary for adoption?
Debates regarding the amount of energy required to mine Bitcoin (BTC) have been ongoing. While tech pioneers such as Elon Musk have recently mentioned that the crypto industry is headed toward a greener future, some academic researchers have noted that mining BTC consumes more power than that of small countries. While these arguments are still hotly debated, it has become clear … [Read more...] about Offsetting crypto carbon emissions necessary for adoption?
CorcoCoin Launches Crypto-Based Rewards for Growing Trees To Offset Carbon Emissions and Help Prevent Climate Change
Corcovado, a creative community focused on connection with the natural world, today announced a project called CorcoCoin to accelerate the regenerative economy and help prevent climate disaster with crypto-based rewards for the carbon captured by growing trees. With CorcoCoin, people can invest £10 (about $13) to have a tree planted. The tree’s photo and GPS location are … [Read more...] about CorcoCoin Launches Crypto-Based Rewards for Growing Trees To Offset Carbon Emissions and Help Prevent Climate Change