Can Bitcoin clean up toxic waste?

Some new players in the crypto space are using bitcoin mining to clean up toxic waste. So is it possible to “green up” bitcoin’s dirty track record? Can mining digital currency ever actually be good for the environment?

We're destroying our environment at an alarming rate. But it doesn't need to be this way. Our new channel Planet A explores the shift towards an eco-friendly world — and challenges our ideas about what dealing with climate change means. We look at the big and the small: What we can do and how the system needs to change. Every Friday we'll take a truly global look at how to get us out of this mess.

#PlanetA #GreenCrypto #BitcoinMining

Reporter: Amelia Martyn-Hemphill
Video Editor: Nils Reinecke
Supervising Editor: Malte Rohwer-Kahlmann

Read More:

Stronghold Digital Mining: https://strongholddigitalmining.com/

Offset your carbon footprint with Moss.earth: https://moss.earth/

Digiconomist, a platform that is dedicated to exposing the unintended consequences of digital trends: https://digiconomist.net/about/

A profile about Jesse Palton, co-founder of HODL, Ranch: https://www.forbes.com/profile/jesse-...

Everything you need to know about eco-friendly cryptocurrencies: https://www.thetimes.co.uk/money-ment...

0:00 Intro – What's up with bitcoin's dirty track record?
0:58 How do you "mine" bitcoin?
1:48 Crypto's environmental impact & energy consumption
3:11 Generating bitcoin from toxic waste
4:27 How to clean up Pennsylvania's GOB piles
5:51 Mining Bitcoin with green energy
6:08 HODL Ranch wants to help balance Texas power grid
7:20 "Proof of work" vs "proof of stake" cryptocurrencies
8:02 Blockchain technology to offset your carbon footprint
8:44 Moss.earth carbon credit tokens let you invest in the rainforest
9:59 Conclusion