Research: Bitcoin mining could help slow climate change

The dominant media narrative surrounding Bitcoin has been one of an energy-guzzling digital asset used for speculation. Institutions ranging from local governments to the World Economic Forum (WEF) have been touting Bitcoin’s energy usage as a huge driving factor of climate change, issuing reports comparing its energy consumption to various nation-states. This narrative was further…

Algorand will automatically offset carbon emissions with smart contracts

Algorand has officially implemented the first smart contract that will automate the offsetting of carbon emissions. In a press release shared with CryptoSlate, Algorand said that it was doubling down on its commitment to the environment. Algorand’s self-sustainability will be funded by transaction fees Sustainability has been the core component of Algorand ever since it…