Bitcoin Mining Council debuts as critics blast carbon footprint
Al Jazeera
The energy used to mine cryptocurrencies is comparable to that of many developed countries and rivals the emissions from major fossil-fuel users and producers such as airlines and oil-services firms.
The Bitcoin Mining Council made its formal debut Thursday amid a growing debate over the amount of energy used in cryptocurrencies. “The Bitcoin Mining Council is a voluntary and open forum of Bitcoin miners committed to the network and its core principles,” MicroStrategy Inc. Chief Executive Officer Michael Saylor, who helped to form the association, wrote on Twitter. He added, “Join us,” alongside a praying-hands emoji. Saylor, who has made acquiring Bitcoin a business strategy of the enterprise software maker, sought to quell concern about the energy usage after Tesla Inc. CEO Elon Musk cited it as a reason to stop accepting Bitcoin as payment for the company’s cars. Musk later expressed support for the group.
Small islands and least-developed nations say their climate finance interests were ignored.
Global lender says it will release about $333m to crisis-hit nation as signs of economic recovery emerge.
At least four people have been killed in the attack on the Basta neighbourhood, according to the Health Ministry.
A series of unexplained incidents causing damage to pipelines and cables in the Baltic Sea has occurred in the past two years. Could this be a new form of underwater warfare?
The hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffs.
Cola Gaza offers its drinkers an ‘apartheid-free’ alternative as they boycott big-name brands.
These were the key developments on the 1,003rd day of the Russia-Ukraine war.
Defectors from Myanmar’s military and police are learning skills that could put them on a new path after years of war.
World Health Organization says 226 health workers, patients killed in Lebanon since start of Israel’s war on Hezbollah.
