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1.  As Oil Giants Turn to Bitcoin Mining, Some Spin Burning Fossil Fuels for Cryptocurrency as a Climate Solution  

2022-03-31
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DeSmog
View In: Bitcoin Mining
Flaring — or the burning of stranded natural gas directly at an oil well — is one of the drilling industry’s most notorious problems, often condemned as a pointlessly polluting waste of billions of dollars and trillions of cubic feet of natural gas. In early March, oil giant ExxonMobil signed up to mee...

3.  The Cost Of Mining Bitcoin In 198 Different Countries  

2022-08-07
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ZeroHedge News
View In: Bitcoin Mining
The Cost Of Mining Bitcoin In 198 Different Countries It takes an estimated 1,449 kilowatt hours (kWh) of energy to mine a single bitcoin. That’s the same amount of energy an average U.S. household consumes in approximately 13 years. Given the high amount of energy needed to mine bitcoin, it can be ...

4.  Bitcoin Miners Are The Dung Beetles Of The Energy Sector  

2022-10-13
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ZeroHedge News
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Bitcoin Miners Are The Dung Beetles Of The Energy Sector Authored by Robert Warren via BitcoinMagazine.com, Miners will consume every last drop of wasted energy available, because they’re incentivized to do so. The layperson knows only one thing about Bitcoin mining - it uses a lot of energy, and tha...

5.  Bitcoin’s Intensive Energy Demands Are Sparking a Crypto Backlash  

2022-06-21
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Yale E360
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The enormous energy demands of Bitcoin mining are prompting some U.S. municipalities to impose moratoriums or outright bans on cryptocurrency facilities. Bitcoin mining activity, critics warn, is leading to electricity price hikes and a revival of dirtier sources of power. Read more on E360 →

6.  Crypto is killing the planet  

2022-10-26
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The Ecologist
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Crypto is killing the planet Channel Comment Yasmin 26th October 2022 Teaser Media

7.  'Leading the Nation on Climate,' NY Governor Signs Partial Ban on Crypto Mining  

2022-11-23
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Common Dreams - Breaking News & Views for the Progressive Community
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“This first-in-the-nation law should set the standard for every other state where crypto miners are coming in, extracting resources, and wreaking havoc,” said one campaigner. “Thank you, Gov. Hochul, for setting a precedent for the rest of the country.“

8.  Cryptocurrencies use more electricity in a year than Norway  

2022-10-19
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Yale Universities Climate Connections
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But the industry could cause less harm by adopting processes that use less computing power and by switching to renewable energy sources. The post Cryptocurrencies use more electricity in a year than Norway appeared first on Yale Climate Connections.

9.  Watch Live: Congressional Hearing On Bitcoin's Energy Use  

2022-01-20
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ZeroHedge News
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Watch Live: Congressional Hearing On Bitcoin's Energy Use The US Congress' Energy and Commerce Oversight Subcommittee is holding a virtue-signal-fest hearing on the energy use and environmental impact of bitcoin mining this morning. Watch the “Cleaning Up Cryptocurrency: The Energy Impacts of Blockchain...

10.  As Cryptocurrency Becomes Mainstream, Its Carbon Footprint Can’t Be Ignored  

2022-01-07
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Truth Out
View In: Bitcoin Mining
As Bitcoin prices rise, so will incentive to mine it, creating a feedback loop that spells trouble for the climate.

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