NEW!Incredible offer for our exclusive subscribers! Read More

Bitcoin-Mining Power Plant Mentioned by Elon Musk to Go Carbon-Neutral

1 Mins read

New York’s Greenidge power plant—which has been repurposed for Bitcoin mining in 2017—is going to be entirely carbon-neutral starting from June, Reuters reports.


It will achieve this by purchasing carbon offsets, which allow to balance out the CO2 footprint by funding green projects.

Greenidge’s announcement came just one day after Tesla CEO Elon Musk mentioned the company as proof of Bitcoin’s wastefulness. The e-car manufacture ditched the cryptocurrency as a means of payment earlier this week due to environmental concerns, causing a sharp drop in its price.

Bitcoin is currently trading at $50,606 on Bitstamp.

Related posts
AltcoinsBTCBusinessCryptoETHMiningNewsOtherStock collaborates with to offer Crypto services for its users

1 Mins read has collaborated with to give crypto gamblers with a top-tier exchange where they can deposit, sell, and even convert Crypto…
AltcoinsBTCBusinessCryptoETHOther staking platform with the best percentages or is it a temporary phenomenon?

1 Mins read
As it became known, tradex-wallet announced the announcement of a new staking program, rewards and large payouts for staking, the platform raffles…

Cryptwex & 15 More Crypto Exchanges Face Ire of South

2 Mins read
Sixteen international crypto exchanges. Including and the Mexican heavyweight MEXC. Have landed in hot water with financial regulators. For failing to comply with local guidelines….
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *