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Attendees Pedal for Power In First Bike-Driven Music Festival Stage Setup

Attendees of a Rhode Island music festival pedaled full speed into the next chapter of music festival-based environmental sustainability. Illiterate Light, an indie duo from Virginia, partnered with Rock The Bike to deliver their vision for a bike-powered stage at the 2022 Newport Folk Festival. The “Bike Stage” marked the first time the technology was implemented in a music festival setting, according to the band’s frontman, Jeff Gorman. The Associated Press reports attendees each took five-minute turns pedaling on the bikes, providing power to the stage from the frontlines. The energy generated from the bikes was supplemental to the energy gained from the stage’s added use of solar panels. Scroll to Continue Recommended Articles Gorman first began pondering t...

Are we misguided about Bitcoin mining’s environmental impacts? Slush Pool’s CMO Kristian Csepcsar explains

It’s a controversial topic in the blockchain community that comes up from time to time — just how much impact Bitcoin (BTC) mining has on the environment. Last year, Tesla’s CEO Elon Musk brought forth a sharp correction in the cryptocurrency market by tweeting that Tesla would abandon plans to accept BTC, citing “rapidly increasing use of fossil fuels for Bitcoin mining and transactions.” However, a recent report published by CoinShares notes that despite the widespread use of coal, oil and gas for Bitcoin mining, the network accounts for less than 0.08% of the world’s CO2 production. During an exclusive interview with Cointelegraph, Kristian Csepcsar, chief marketing officer at Slush Pool, the oldest Bitcoin mining pool, gave insight on what he believes are ...