Tag: GHG emissions

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Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions

September 27, 2022

According to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 million tons of carbon dioxide per annum. Moreover, CCAF’s report details that “Bitcoin’s environmental footprint is more nuanced and complex” and because of complexity issues it…
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Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium

October 18, 2021

The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter also calls for the New York government to assess…
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