{"id":566407,"date":"2021-04-09T19:18:17","date_gmt":"2021-04-09T16:18:17","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=566407"},"modified":"2021-04-09T19:18:17","modified_gmt":"2021-04-09T16:18:17","slug":"ripple-joins-the-crypto-climate-accord-with-a-focus-on-sustainability","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/ripple-joins-the-crypto-climate-accord-with-a-focus-on-sustainability\/","title":{"rendered":"Ripple joins the Crypto Climate Accord With a Focus on Sustainability"},"content":{"rendered":"
In summary:<\/strong><\/p>\n The remittance company of Ripple<\/a> is now a member of the Crypto Climate Accord. The company made the announcement<\/a> yesterday and further explained that the Crypto Climate Accord is ‘a new initiative organized to make the cryptocurrency industry 100% renewable.’<\/p>\n Other members of the Crypto Climate Accord include Energy Web, Rocky Mountain Institute (RMI), the Alliance Innovative Regulation (AIR), Consensys<\/a>, CoinShares, Web 3 Foundation, Compass Mining, just to name a few.<\/p>\n Ripple<\/a> joining the Crypto Climate Accord comes a week after the company’s CEO, Brad Garlinghouse<\/a>, explained in a Bloomberg interview<\/a> that one Bitcoin transaction consumes the energy equivalent of 75 gallons of gasoline. His exact statement was as follows.<\/p>\n As the price of Bitcoin goes up the energy consumption and the carbon footprint of a proof-of-work, that mining that happens to validate the transactions, that continues to scale aggressively also. And we can\u2019t lose sight that one Bitcoin transaction is about the equivalent of 75 gallons of gasoline being burned.<\/p><\/blockquote>\n\n
1 BTC Transaction is the Equivalent of 75 Gallons of Gasoline – Brad Garlinghouse<\/h2>\n
More on the Crypto Climate Accord<\/h2>\n