On Tuesday, payments giant Square announced a major push to go carbon neutral by 2030. As part of the initiative, Square will be dedicating $10 million to its Bitcoin Clean Energy Investment Initiative, which aims to âsupport companies that help drive adoption and efficiency of renewables within the Bitcoin ecosystem.âSquare is the firm behind CashApp â” a major force in bringing crypto to regular users. In todayâs announcement, Square identified Bitcoin as âa unique part of Squareâs footprint.â Jack Dorsey, CEO of both Square and Twitter, said:The carbon footprint of the Bitcoin network has been the subject of a great deal of controversy over the years. A 2019 study estimated BTCâs total carbon output as comparable to that of some small countries . Research from last
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