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How Do We Green Cryptocurrency?
Andrew Ross Sorkin and the DealBook team explored the environmental impact of digital currency and efforts to make it more sustainable.
As corporations increasingly emphasize environmental and sustainability goals, where exactly does energy-intensive cryptocurrency fit in? How do the opportunities surrounding crypto compare with the resources it consumes? And how do we make the mining process more sustainable?
On Oct. 5, Andrew Ross Sorkin and the DealBook reporter Ephrat Livni sat down with Alex de Vries, a data scientist who tracks crypto’s energy use; Paul Prager, the chairman and chief executive of the Bitcoin mining company TeraWulf; and Kathleen Breitman, whose company Tezos is making NFTs more energy-efficient, to evaluate the industry’s impacts — and the innovations aiming to make digital currencies cleaner. It’s the first installment of DealBook Dialogue, a collaborative audio experience.
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