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Mining for Bitcoin in Alberta's oilsands
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Mining for Bitcoin in Alberta's oilsands

MAGA Energy has said its facilities will be environmentally friendly. The local county has warned the company’s plans will increase emissions.

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U.S. bitcoin mining pollutes as much as 6 million cars annually, report finds

The U.S. bitcoin industry produces as much climate pollution every year as 6 million internal combustion cars and three times more than the country’s biggest coal plant, concludes a new report from multiple environmental groups.

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Bitcoin’s intensive energy demands are sparking a crypto backlash

Bitcoin’s intensive energy demands are sparking a crypto backlash

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.
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Dorsey, Saylor, Fidelity write to EPA to defend bitcoin mining

Some of the biggest names in bitcoin — including Jack Dorsey, Tom Lee, and Michael Saylor — have co-authored a letter to the EPA to refute claims made by House Democrats calling on the agency to investigate the environmental effects of crypto mining.

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How bad is Bitcoin mining for the environment really?

Cryptocurrency now uses nearly as much electricity as Argentina but analysts claim technology will soon be mostly powered by renewable energy.

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Photo by David Shares on Unsplash

U.S. small towns take on energy-guzzling bitcoin miners

Environmentalists warn carbon emissions from power-intensive bitcoin mining could harm efforts to limit global warming.

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