environment

Green bet: 🌱🚗 Uber launches new function ‘Emission Savings’

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uber emissions savings: illustration AI

With more and more alerts about environmental problems, Uber has added a new feature to its application with the aim of promoting more sustainable transportation among its customers. This Uber feature, called “Emission Savings”, allows travelers to calculate the positive result generated by choosing electric and hybrid cars, such as Uber Green or Uber Comfort … Read more Green bet: 🌱🚗 Uber launches new function ‘Emission Savings’

Iris Energy expansion plan to increase its Bitcoin mining capacity

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Iris Energy

Institutional-grade Bitcoin (BTC) mining company Iris Energy has announced its expansion plan to increase its hash processing capacity. With the goal of reaching 9.1 EH/s (exhashes per second) from its current level of 5.6 EH/s, Iris Energy seeks to strengthen its position in the cryptocurrency market. Bitcoin mining with 100% renewable energy The company stands … Read more Iris Energy expansion plan to increase its Bitcoin mining capacity

Crypto mining under fire! The Biden administration wants to implement a 30% tax to curb its environmental impact

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crypto mining tax 30%

The Biden administration seeks to impose a 30% tax on crypto mining to address its environmental impact. The Council of Economic Advisers announced the proposal for the new tax, called the excise tax on energy and mining of digital assets (DAME), which would come into force after a transition period. Environmental impact of crypto mining … Read more Crypto mining under fire! The Biden administration wants to implement a 30% tax to curb its environmental impact