Global Carbon Footprint of Bitcoin Mining up 17% to stand at 114 Mt; Comparable to Czech

And while it seemed like it would take a couple of years to convince the global population, the pandemic proved to be one of the most significant crypto driving factors. As of February 2022, Bitcoin’s carbon footprint globally accounts for 0.19%, which is just about what Czech emits as an entire country. The Bitcoin mining […]

EcoPenguin and COTAP partnership to offer ways to build eco-friendly crypto community …

In recent times, regulators and policymakers have aired their concerns regarding crypto’s carbon footprint. The donations are used to fund COTAP’s six Plan Vivo-certified and eco-friendly projects. In a bid to invite more crypto enthusiasts to its carbon offsetting opportunities, EcoPenguin offers a free-to-use platform, assures transparency, accountability, and promotes its own eco-friendly NFT — […]

Mark Cuban is placing $150K of carbon offsets on the blockchain every month | Bankless Times

US entrepreneur and reality TV show star Mark Cuban is using blockchain technology to lock up carbon offsets on the low-emission Polygon network. KlimaDAO, which has accumulated over 9 million BCTs, told CoinTelegraph that it uses Polygon because of its negligible carbon emissions. By developing a carbon-backed currency, users will be given a legitimate means […]