Crypto miners have been invited to join this year’s Earth Hour campaign by turning off some of their hardware between 8:30 and 9:30 pm on March 24. The initiative to take part in the WWF’s annual event comes from the Russian crypto community. The “Crypto Hour” organizers hope to focus attention on the need for eco-friendly blockchain technologies.
The Crypto Hour
The “Crypto Hour” will take place within the World Wildlife Fund annual event known as the Earth Hour. The WWF campaign encourages people and businesses to turn off electric lights for one hour each year, usually in the last days of March. This year miners from Russia and around the world have been invited by Russian mining and blockchain experts to do the same – switch their equipment off at exactly 8:30 pm on March 24.
By joining the initiative, crypto miners will demonstrate their social responsibility and commitment to caring for the planet, the organizers told Rambler. They hope “Crypto Hour” will make them think about how to greenify the blockchain technologies they work with.
According to some estimates, the bitcoin network consumes up to 50 terawatt-hours of electricity a year, and the rate is increasing. On top of that, mining cryptocurrencies releases a lot of heat. Cooling the powerful specialized hardware requires more energy.
The organizers of the “Crypto Hour” will urge authorities to create an “eco mining map” showing locations where mining farms can be built close to renewable energy sources. They will insist on taking measures to stimulate the flow of investments in eco-friendly mining projects in the Russian Federation…