21 Oct 2022

‘The Future of Blockchain’, Part Two: Green Bitcoin

Keynote talk delivered by Dr. Hai Dong, of RMIT, at The Australian Crypto Convention, September 2022

21 Nov 2022

A Glimpse Of The (Near) Future

One of the great things about a strong community is its ability to galvanise when times are tough. And right now in the crypto community times are, at least on the surface, tough. With a market winter that looks set to last for all eternity (if you believe any of the doomsday prophets on Twitter) and bad actors posing as ‘white knights’ scamming millions from users, it’s enough to make anyone want to pack up and move to the Bahamas.

12 Aug 2022

The enormous environmental cost of crypto mining

Crypto’s mines-to-ledgers technology has roots as far back as early Micronesian society, though today’s energy-intensive process is a far greater threat to the planet, requiring urgent solutions to reduce its carbon footprint. By Richard Cooke.



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23 Nov 2022

Crypto goes eco

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Bitcoin’s well-founded problems with environmental inefficiency are leading to new innovations with the digital currency.





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16 Nov 2022

‘Bitcoin uses more energy than Argentina’: Aussie firm CloudTech and ...

Bitcoin has an energy-chewing PR problem. Aussie blockchain firm CloudTech Group knows this, which is why it teamed up with RMIT University to form a research lab to help tackle the issue.The research unit is called Green CryptoLab, and it’s on a mission to turn the crypto industry a more palatable shade of green. And we’re not talking green candles on price charts (although we wouldn’t complain if the two things went hand in hand).

19 May 2022

Green Bitcoin — The answer to Bitcoin’s environmental problem

The Bitcoin network is the first payment network based on blockchain technology proposed by Satoshi Nakamoto in 2008, with the first block being created in January 2009. Over the past 13 years, Bitcoin has evolved from an innovative cash and payment system to a speculative asset acting as digital gold. The rapid increase in Bitcoins value over the past decade led to a substantial increase in demand, which in turn has significantly increased the number of miners involved in the ...

12 May 2022

CloudTech-RMIT Joint Crypto Research Lab Launch Event

CloudTech-RMIT Green Cryptocurrency Joint Research Laboratory (GreenCryptoLab) has been successfully launched on 6 May 2022, Australia’s first research lab which helps advance Green Cryptocurrency technologies. CloudTech Group is a blockchain product development and consulting company based in Australia. As an Australian blockchain pioneer, CloudTech Group ...

11 May 2022

Australian University to Launch a 'Green' Research Lab

Australia’s Royal Melbourne Institute of Technology (RMIT) has successfully launched its Green Cryptocurrency Laboratory. Co-founded with the CloudTech Group, a leader in FinTech and blockchain technology, the lab will focus on reducing the carbon footprint of crypto. The May 6 event was hosted by Professor Zahir Tari, who has been named the lab’s director. RMIT is the world’s ...