Tag: cryptocurrency
“Should bitcoin’s mass adoption continue, an escalating climate crisis is inevitable, disproportionately exacerbating social and environmental challenges for communities already experiencing multiple dimensions of deprivation.“
When the Bitcoin network launched back in 2009, it didn’t take long before cryptographer and Bitcoin pioneer Hal Finney infamously wondered “how to reduce CO2 emissions from a widespread Bitcoin implementation”. By adding a proof-of-work based consensus mechanism, Bitcoin creator Satoshi Nakamoto had embedded a requirement for the …
Iran may be on the verge of legitimizing cryptocurrency mining in the country as an official industry, as the Economic Commission of Iran has finalized the power tariffs for cryptocurrency mining – which is now awaiting cabinet approval. The move has the potential to be a game changer …
