Bitcoin Mining at Russian CryptoUniverse Farm

Bitcoin Mining at Russian CryptoUniverse Farm | Bloomberg / Contributor via Getty Images

A newly announced “Crypto Climate Accord” aims to erase cryptocurrencies’ legacy of climate pollution. That’s a tall order considering the enormous amounts of energy that the most popular cryptocurrencies — bitcoin and Ethereum — consume. The loose goals laid out in the plan so far face potentially insurmountable challenges.

A 2040 target for the crypto industry to reach “net zero” emissions

The “accord” is led by the private sector — not governments — and outlines a few preliminary objectives. It seeks to transition all blockchains to renewable energy by 2030 or sooner. It sets a 2040 target for the crypto industry to reach “net zero” emissions, which would involve reducing pollution and turning to strategies that might be able to suck…

Continue reading…

…read more

Source:: Theverge – Science

      

(Visited 1 times, 1 visits today)

NASA Chooses Spacex To Launch A Self Propelled Space Station To The Moon

Leave a Reply

Your email address will not be published. Required fields are marked *