25 May 2025, 04:54

Bitcoin harmful to the environment, or not? Opinions vary, truth is singular

The level of Bitcoin mining energy consumption is on par with that of some countries. This statement is often mentioned as one of Bitcoin’s main drawbacks, as consumption takes its toll on the environment. However, Bitcoin advocates argue that things are not that simple, and in some ways, Bitcoin is an eco-friendly technology. How come, and who’s right? Proof-of-work The Bitcoin network is protected from spam attacks with a mechanism known as “proof-of-work.” The earliest installment of this algorithm was created by Cynthia Dwork and Moni Naor in 1993, long before Bitcoin’s emergence. The essence of this mechanism is the requirement to make calculations (do the “work”) in order to get permission to cast a transaction (originally, to send an email). Transaction validation requires performing calculations to filter out bad actors. The network rewards them with bitcoins that haven’t been in circulation to incentivize validators. That’s how bitcoins are “mined;” that’s why the validation process is called “mining.” In the early days of Bitcoin, mining wasn’t demanding. Anyone could mine it using a regular PC. However, as the demand for Bitcoin grew, the mining difficulty increased, requiring more and more energy to complete the math tasks. These days, mining operations have an industrial scale. Mining farms occupy extensive facilities of devices created for the only purpose–to crack Bitcoin puzzles at the highest speed possible (to solve the puzzle before the rest of the miners and get the reward). By 2018, the Bitcoin network’s energy consumption reached a level comparable to Nigeria and Denmark. Bitcoin’s environmental impact Bitcoin mining operations impact the environment in four main directions: Mining has a carbon print Mining consumes much water Mining consumes much electricity Mining creates electronic waste Based on all of these metrics, Bitcoin has a serious impact on the environment. These metrics indicate that Bitcoin consumes as much electricity and water and leaves as much harmful waste as in some countries. While it may be hard to comprehend what it means when you read that Bitcoin consumes as much power as Poland, you may zoom in and see the equivalents of each Bitcoin transaction’s impact. It pictures a much more vivid picture. According to Digiconomist , one Bitcoin transaction consumes over 1,100 kW/h (as much as an average U.S. household in 38 days), consumes 17,500 liters of fresh water (as much as a backyard swimming pool), creates over 280 grams of electronic waste (more than 1.5 iPhones 12), while the carbon emissions amount to 620kgCO2 (as much as 1.3 million transactions of VISA or watching 11.7 years of videos on YouTube). Statista provides similar estimations . More than that, gold mining is less harmful to the environment than BTC mining if we compare the amount of BTC and the amount of gold with the same value expressed in USD. Although no precise date is associated with these estimations, the articles seem to rely on data revealed in 2023 or earlier. Tesla cited environmental impact as the reason for stopping support for Bitcoin payments in 2021, shortly after the launch of this option. Ethereum transitioned from proof-of-work to a greener proof-of-stake algorithm in 2022. Read more: Tesla to Halt Bitcoin Payments due to ‘Environmental Concerns’ Fossil fuels power most mining facilities. Various sources evaluate the use of fossil fuels to power Bitcoin mining at a range from 50 to 90 percent. What Bitcoin advocates say… First, the Digital Assets Research Institute denies that the data and articles about Bitcoin’s environmental harm are correct. According to this study, flawed 2018 research suggesting the high environmental harm of Bitcoin was quoted thousands of times until 2024. Accurate articles amounted to only 2% of all pieces on the topic. DARI’s paper claims that 2022 was marked by a shift toward more rigorous coverage of Bitcoin’s environmental impact theme. As the environmental impact of mining is a serious problem, various mining operations began to look for ways to greener Bitcoin mining, and the search was successful. The 2020s initiatives saw companies using the excess power for Bitcoin mining instead of wasting this power and the resources spent on its production. a NYC bathhouse is mining bitcoin and using the excess waste energy to heat their pools. or, in other words, they're heating their pools as they would ordinarily do, and monetizing the excess power that exists as a byproduct of that process. this is demonstrably a carbon… pic.twitter.com/V0VeDwBicy — nic carter (@nic__carter) June 22, 2023 Another way to make Bitcoin mining greener is to rely on renewable resources. For instance, Ethiopia is using its Grand Ethiopian Renaissance Dam for clean Bitcoin mining. The 2024 studies show that, lately, Bitcoin mining has played a positive role in reducing CO2 emissions, becoming the straight opposite in terms of environmental impact. Although some companies already boast they are carbon-neutral Bitcoin mining operations, most enterprises only admit to reducing energy consumption. As no institution that studies Bitcoin’s environmental impact has all the info about mining operations, we don’t have all the data regarding CO2 emissions associated with mining. We can’t say how much the pollution level dropped in the last couple of years. Pierre Rochard of Riot Platforms appeared in a video in which he meters the CO2 level in the mining facility using a special device. It drew some criticism as some users pointed out that the emissions are not coming from the mining devices but are associated with excessive electricity production. Dude, the CO2 concern is supposed to be related to energy generation to power the CPUs, not the CO2 emission of the CPU themselves. — Snake Sanders (@snake_sanders1) April 10, 2023 Another line of defense used by some Bitcoin advocates is comparing Bitcoin’s environmental impact to that of the banking system, indicating that bank transactions are not more eco-friendly than Bitcoin. This argument may have made sense if Bitcoin were to replace the banking system, but this is not happening. Who’s right? Although the Bitcoin mining industry is far from eco-friendly, various participants seek ways to make it greener or even reduce CO2 emissions through Bitcoin mining so that mining would have a negative carbon footprint. According to a recent report by MiCA Crypto Alliance, 70% of the Bitcoin network will be powered by sustainable energy by 2030. To conclude this, we may state that certain mining operations are green while others are not. However, an eco-friendly trend is on the rise. Read more: African crypto revolution continues as Ethiopia ranks among global BTC mining leaders

25 May 2025, 01:00

Top Ethereum-Based DeFi Projects: Why Mutuum Finance (MUTM) Leads the Pack

In the world of Ethereum-based DeFi projects, standing out requires innovation, strong community support, and real utility. Mutuum Finance (MUTM) checks all those boxes, quickly earning its place among the best cryptocurrencies to invest in today. Unlike many tokens that rely solely on hype, MUTM delivers a robust DeFi platform designed to maximize yield opportunities while maintaining security and scalability. The project has hit phase 5 of its presale after selling out phase 4 at a higher pace than expected. MUTM will be launched officially at $0.06. The next phase prices will spike by 16.67% to $0.035. The tokens are available at $0.03, with listing at $0.06, offering early investors up to 100% potential returns. MUTM is rapidly taking center stage, with over $9.1 million raised and attracted more than 11,000 investors. With its competitive entry price and promising roadmap, MUTM is capturing attention as a top crypto to buy now, poised to challenge established giants and lead the next wave of decentralized finance innovation. Investors looking for the best crypto to invest in today should keep a close eye on MUTM as it gears up for major growth in 2025. Phase 4 Sold Out, MUTM’s Ascent Is Only Beginning The presale is in phase 5 with Phase 4 totally sold out. The tokens are available at $0.03, and listing for $0.06, early investors are looking at up to 100% potential returns. MUTM is rapidly taking center stage, with over $9.1 million raised and attracted more that 11,000 investors. As Phase 5 is in , the token price will rise to $0.035 in the next phase, providing current participants with a 16.67% profit. A Smarter DeFi Model: Hybrid Lending for a New Era Mutuum Finance stands out through its dual approach to crypto lending, which integrates Peer-to-Contract (P2C) and Peer-to-Peer (P2P). The Peer-to-Contract (P2C) allows users to put stablecoins like USDT into smart contract liquidity pools and automatically earn passive income. In contrast, Peer-to-Peer (P2P) allows lenders and borrowers to communicate directly without intermediaries, with the ability to adjust loan terms and privacy advantages. This is a hybrid solution that provides more decentralization and flexibility but at the same time has strong yield opportunities, while liquidity providers receive over 10% today in passive return. Trust and Transparency: Stable, Audited, and Made to Last Mutuum Finance isn’t just innovating, it’s building trust. The platform’s smart contracts are open-source and undergoing rigorous audit by Certik. In addition to the native token, a fully collateralized, USD-pegged stablecoin is being developed, which circumvents the vulnerabilities of algorithmic stablecoins that have toppled other DeFi initiatives. The project is set to build a USD-pegged stablecoin on the Ethereum network as one of the main features in the Mutuum Finance roadmap. Security and transparency are fundamentals of the ecosystem. Fostering Growth with $100K Giveaway and Gamified Community Tools To turbocharge adoption, Mutuum Finance is actively incentivizing its early adopters. Already underway is a $100,000 giveaway, where ten participants will receive $10,000 in MUTM tokens. Running in tandem is a gamified leaderboard, displaying and rewarding the top 50 token holders, to encourage greater investment and continued participation. This is supported through a referral program, a new level of grassroots expansion in this rapidly growing community. Mutuum Finance has raised over $9.1 million from 11,000+ investors, offering tokens at $0.03 with a launch price of $0.06—delivering up to 100% returns. The upcoming price increase to $0.035 provides an additional 16.67% profit for current buyers. Combining a unique hybrid lending model with Certik-audited smart contracts, MUTM ensures strong yields and security. With a $100,000 giveaway and active community rewards, Mutuum is set to lead DeFi growth into 2025. Don’t miss the chance to be part of this rising project. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance

24 May 2025, 19:00

Cardano (ADA) Investors Shift Focus to Ruvi AI (RUVI) Amid Frenzy Over Unique Reward Model and Life-Changing Growth Potential

Cardano (ADA), trading at $0.762 , has been making headlines for its active participation in GITEX Europe 2025 in Berlin from May 21 to May 23. The event brings the spotlight to Cardano as it engages in discussions about digital identity, AI integration, and educational applications of blockchain . These initiatives further underscore Cardano’s commitment to bringing innovative uses for blockchain to real-world applications. While Cardano continues to refine its role in the blockchain ecosystem, the spotlight is also turning to Ruvi AI , a project blazing a trail by combining blockchain technology with artificial intelligence (AI). Ruvi AI Combines Blockchain and AI for Real-World Applications Ruvi AI is creating a robust platform that leverages the security and transparency of blockchain while integrating AI-driven insights and decision-making tools . This intelligent blend targets industries like financial services, healthcare, and logistics, offering solutions that are secure, efficient, and impactful. The platform’s Beta version is already live, showcasing its cutting-edge features designed to enhance business operations and unlock data-driven decision-making capabilities. Additionally, Ruvi AI has achieved a major milestone by completing its first exchange listing , with more expected to follow in the near future. This step broadens accessibility, enabling users and businesses worldwide to integrate its solutions seamlessly. Ruvi AI’s Successful Presale Campaign Ruvi AI launched its presale with remarkable success. Phase 1 tokens, priced at $0.01 , sold out within just two weeks, allowing early investors to enjoy a 50% increase in their token value. With the token price now at $0.015 in Phase 2 , the project’s momentum shows no signs of slowing. Opportunities for Early Investors Ruvi AI has created a presale program that rewards early backers through attractive bonuses. Here’s how the investment structure works for key tiers: VIP 2 (50,000 Tokens) Acquiring 50,000 tokens qualifies for a 40% bonus , resulting in a total of 70,000 tokens . At $0.015 per token , this requires a $750 investment . Upon listing at $0.07 , this holding would be worth $4,900 , and if the token reaches a valuation of $1 , the investment could skyrocket to $70,000 . VIP 3 (100,000 Tokens) Buying 100,000 tokens unlocks a 60% bonus , totaling 160,000 tokens . A $1,500 investment at the current price of $0.015 could grow to $11,200 at $0.07 , and potentially to $160,000 if valued at $1 . VIP 5 (500,000 Tokens) For larger commitments, purchasing 500,000 tokens offers a 100% bonus , doubling the allocation to 1,000,000 tokens . This requires a $7,500 investment . At $0.07 , these tokens would be worth $70,000 , with the potential to reach $1,000,000 if the token hits $1 . Building a Thriving Ecosystem Ruvi AI is more than just a tech project; it is a community-driven initiative aimed at fostering innovation and engagement. To encourage participation, Ruvi AI offers a leaderboard program that rewards its top contributors generously: Top 10 contributors earn 500,000 tokens , valued at $500,000 if the token reaches $1. Top 50 contributors receive 250,000 tokens , equivalent to $250,000 at a $1 valuation. Top 100 contributors gain 100,000 tokens , worth $100,000 . These incentives ensure a committed and enthusiastic group of supporters, while expanding Ruvi AI’s reach across global markets. What Lies Ahead for Ruvi AI Ruvi AI’s dedication to using blockchain and AI as a combined force points to limitless possibilities. The team continues to achieve milestones, from their thriving presale to their operational Beta platform. These accomplishments, paired with expanding exchange listings, position Ruvi AI for long-term success and adoption in industries worldwide. At a current token price of $0.015 , the presale provides an appealing entry point for those looking to invest in a project with a significant growth trajectory. Predictions point to a listing price of $0.07 , with potential future valuations as high as $1 per token . While Cardano demonstrates its capability in real-world blockchain applications, Ruvi AI takes innovation further by addressing today’s complex digital challenges through the lens of AI and blockchain synergy. Explore Ruvi AI today and join a project shaping the future of industries through technology and teamwork. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Cardano (ADA) Investors Shift Focus to Ruvi AI (RUVI) Amid Frenzy Over Unique Reward Model and Life-Changing Growth Potential appeared first on Times Tabloid .

24 May 2025, 15:48

Texas House Backs Bitcoin Reserve for State Treasury

The Texas House of Representatives has taken the first step into the future of finance by voting on HB 4903 — a bill to allow the state to create a strategic Bitcoin reserve as part of its official treasury reserve holdings. If signed into law, Texas would be the first US state to officially consider Bitcoin as a treasury asset, signaling the start of a new era of institutional adoption and potentially rewriting the rules for state-level fiscal policy. A New Frontier for State Treasuries The bipartisan bill, which is sponsored by lawmakers, seeks to make Texas's financial reserves more diversified with the investment of state funds in Bitcoin. According to the proponents, through such a move, the state would be hedging against inflation, providing non-correlated returns, and position itself as a leader of digital asset innovation. The Texas BTC bill has received huge publicity because it is prescriptive in nature, with proponents pointing out Texas's dominant energy sector and pro-crypto regulatory environment as ideal for such an ambitious initiative. ”Texas is leading the way in financial innovation,” said State Rep. Cody Harris, author of HB 4903. A Bitcoin reserve will help secure our future while sending a clear message: Texas welcomes the next generation of money. Why Bitcoin — and Why Now? As concerns about inflation continue and fiat assets remain vulnerable to volatility, the decentralized and fixed nature of Bitcoin offers a compelling choice for state governments. Texas, already having a strong sector of Bitcoin mining, is well-positioned to leverage its energy excess and pro-Bitcoin policymaking to attract greater investment and talent. Crypto commentator Caitlin Long tweeted on X (formerly Twitter): Texas is about to make history. If HB 4903 passes, expect other states to follow. This could be the domino that brings Bitcoin to the heart of US public finance. How Would the Reserve Work? In HB 4903, Texas Comptroller can purchase, hold, and invest in Bitcoin as a strategic reserve. The bill includes strict guidelines for custody, transparency requirements, and regular audits for security and public trust. Regular rebalancing would be carried out with potential reinvestment of profits to public projects or to balance budget deficits. The transition is not without risk. Analysts warn of price volatility and federal regulatory risk of Bitcoin. Yet supporters are confident that Texas's pioneering could give it an advantage as a first mover if digital currencies become a routine part of public finance. Institutional Adoption: Ripple Effects Beyond Texas The Texas BTC bill has broad implications that extend far beyond the state. Institutional crypto adoption by one of America's top states would accelerate development of approved investment vehicles, such as spot Bitcoin ETFs, and encourage other states to follow suit. It also sends a powerful signal to Washington and Wall Street that digital assets are being drawn from the fringes of finance into its core. In a recent string, fintech commentator Nic Carter wrote: Texas isn't stacking sats for itself — it's stacking the deck for adoption nationwide. This is the kind of leadership that gets markets moving. A Roadmap for Others? With the bill on its way to the Texas Senate, everyone in Austin is waiting with bated breath. When HB 4903 becomes law, it can serve as a template for other states and even countries trying to diversify their reserves and join the digital economy. The Lone Star State's action now could become a model for institutional adoption, regulatory clarity, and Bitcoin mainstreaming into the apparatus of government finance in the near future. Whether Texas's Bitcoin holding is a masterstroke or a moonshot remains to be seen. But this is one thing that is for sure: the state is throwing down the gauntlet as a pioneer on the frontier of digital cash, and the world is watching.

24 May 2025, 14:00

JOIN SAVVY MINING AND EARN $18,700 A DAY WITH XRP, DOGE AND OTHER CRYPTOCURRENCIES

The overall cryptocurrency market has rebounded recently, and Ripple ( XRP ) has risen nearly 5% in the past month, and its performance has attracted much attention from investors. Market data shows that XRP’s total open interest has soared from $3 billion to $4 billion, an increase of 33%, showing a rebound in trader enthusiasm. Well-known analyst The Cryptonomist also predicted on the social platform that XRP is expected to rise to $2.5 after successfully stepping back on the key trend line support level. This bullish expectation not only boosted investor sentiment, but also made XRP holders who use the SAVVY MINING cloud mining platform eager to try. Dogecoin: Whales continue to increase their holdings, and the momentum is strong At the same time, Dogecoin cannot be ignored. On-chain data shows that whales are increasing their holdings in large quantities. Whale Alert detected a transfer worth more than $109.9 million, including 350 million Dogecoins, which were transferred to an unknown wallet, which may indicate that the market will usher in further gains. Why are XRP and DOGE users particularly suitable? The market liquidity is strong and recharge is convenient. The price fluctuation is small, which is suitable for long-term mining of funds. SAVVY MINING provides exclusive mining optimization for these two assets. Start making money in just three steps: 1: Sign up for a SAVVY MINING account now to get $15 to start a free mining experience. 2: Choose a mining plan: Choose a contract based on your budget and goals. For example: ⦁【Experience Contract】: Investment amount: $100, total net profit: $100 + $10.2. ⦁【AntMiner S17】: Investment amount: $500, total net profit: $500 + $43.4. ⦁【Ant Miner L9】: Investment amount: $1,000, total net profit: $1,000 + $130. ⦁【AntMiner S19】: Investment amount: $3,000, total net profit: $3,000 + $607.5. ⦁【Bitcoin S21】: Investment amount: $5,000, total net profit: $5,000 + $2,130. ⦁【On-rack Filecoin Miner】: Investment amount: $10,000, total net profit: $10,000 + $8,300. 3: Start mining: The system runs automatically, just wait for 24 hours for the income to arrive. Advantages of SAVVY MINING: 1: Driven by AI intelligent technology: Automatically select the best strategy to maximize profits. 2: Support multi-currency mining: including USDT-TRC20, BTC, ETH, LTC, USDC, XRP, USDT-ERC20, BCH, DOGE, SOL, etc., all can be recharged and withdrawn. 3: Environmental protection concept: using clean energy to operate mines, green and low-carbon. 4: Top security guarantee: SSL encryption of funds + data encryption to ensure the security of each user’s account. 5: Strong platform strength: 8 years of safe operation, 80+ mining farms worldwide, serving more than 8 million users 6: Recommend friends to join and get a permanent 4.5% referral reward, up to 10,0000 US dollars. 7: Promote a million bounties. ( https://savvymining.com/ ) About SAVVY MINING: Founded in 2017, SAVVY MINING is a world-class cloud computing service company headquartered in the UK. Regulated by the UK Financial Conduct Authority (FCA), we are committed to building a secure, compliant and transparent blockchain infrastructure, providing stable, AI-intelligent cloud computing and one-click cloud computing services to users around the world. Safe and sustainable future mining model: In the rapidly evolving crypto market, security and environmental protection have become the core elements of evaluating mining platforms. SAVVY MINING always adheres to the first principle of user asset protection and operational transparency, and adopts industry-leading encryption protocols and distributed risk control systems to ensure stable and safe funds and income. At the same time, the platform’s mines are driven by renewable energy on a large scale, significantly reducing carbon footprint and achieving a win-win situation of green computing power and economic returns. SAVVY MINING is leading cloud mining into a new era of low carbon, high efficiency and sustainability, allowing every user to contribute to the earth while achieving revenue growth. Summary: If you are looking for a reliable and efficient way to increase the value of your XRP or DOGE assets, then Savvy Mining is undoubtedly the most worthwhile platform to try. It only takes one minute to sign up. Don’t let your Dogecoin and Ripple coins sit idle! Join SAVVY MINING cloud mining now and start your road to financial freedom! Click to enter the official website: https://savvymining.com/ Contact us: [email protected] Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .

24 May 2025, 13:55

SUI Volume Down 42.82% Amid $220 Million Cetus Hack

Hack had devastating impact on SUI ecosystem's liquidity pools