Category: The Pulse
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Lawmakers Urge EPA To Update Proposal To Curb Harmful Gas Flaring At Oil Wells
Congressional Democrats have called on the Environmental Protection Agency to strengthen its proposal to regulate methane gas emissions from the oil and gas sector in the US. The lawmakers urge the EPA to tighten restrictions on routine gas flaring, which emits more methane than previously estimated, and to provide clear definitions of when flaring can…
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Exxon is Mining Bitcoin with Excess Gas To Reduce Emissions
Even with natural gas prices at all-time time highs, Big Oil in the US is turning their excess flare gas into bitcoin.
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The Majority of Bitcoin Mining is Fueled by Sustainable Energy
TLDR: Bitcoin mining leverages 52.6% sustainable energy, making it an appealing ESG investment. Bitcoin mining has been a topic of controversy in recent years due to concerns over its environmental impact. A 2020 study by Cambridge University found that only 39% of Bitcoin mining was powered by renewable energy sources. However, a more recent study…
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The Rise and Fall of Tokenized Bitcoin Hashrate Products
During the 2020-2022 cryptocurrency bull market, tokenized Bitcoin hashrate products gained immense popularity. Several hashrate tokens were launched during this period with the aim of providing an easy and profitable way of gaining exposure to the mining industry. However, these tokens continue to prove their immaturity and fall short of delivering their promised benefits. Poolin’s…