TL;DR Breakdown Bank of Canada CBDC to rely on renewable energy sources Move to make renewable energy the source of power for mining crypto Timothy Lane, the Deputy Governor of the Bank of Canada, has said that eventually when the country’s Central Bank Digital Currency (CBDC) launches it would be more environmentally friendly than Bitcoin […]

The state of California recently ordered 52 solar-powered EV chargers from San Diego-based Beam Global. The off-grid clean energy chargers will provide electricity...

The 150 MW Honeysuckle solar farm is still speculative, but would be among the largest projects to come to the state if built....

Probably not many of you remember the 1955 film Bad Day At Black Rock starring Spencer Tracy, Ernest Borgnine, Lee Marvin, and a...

Elon Musk ignited the environmental impact debate surrounding Bitcoin mining, which took a toll on the price of cryptocurrencies. In a controversial tweet, Musk stated that the EV company would end vehicle purchases via Bitcoin. He cited his concerns for the “rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which […]

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The energy debate surrounding Proof of Work (PoW) blockchains like Bitcoin and Ethereum is nothing new. While the world’s wealthiest man might have...

The Bank of Canada says it won’t have to rely on “wasteful methods of mining technologies” when issuing its national digital currency.

Chile will use blockchain technology to track the use and flow of energy that is created through renewable mechanisms. The new technology...

Legendary activist investor Carl Icahn is apparently, according to Bloomberg, interested in getting into cryptocurrency in a “big way,” and may eventually put...

CALGARY, Alberta, May 27, 2021 (GLOBE NEWSWIRE) -- FREYR AS and Eguana Technologies Inc. have signed a Memorandum of Understanding (MoU) for (non-exclusive)...

The jury is still out on whether that meeting between the two gazillionaires and “the leading Bitcoin miners in North America” was positive or nefarious. Part of the Bitcoin community interpreted it as a shrewd PR move and supported the Bitcoin Mining Council. The others smell centralization, are suspicious of closed-door meetings and rejected it. […]

As Fintech companies become a lot more profitable, traditional banks are trying to counter their business strategy with branded digital-only subsidiaries. Fintech firms are...