• Could a ‘Crypto Climate Accord' erase cryptocurrencies' carbon footprint?

    13 days ago - By The Verge

    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...
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