Cardano Carbon Footprint Project update

Our first meeting with the expert Carbon Footprint working group has taken place on the 9th of March. Michele from ImpactScope and Thomas from Blockcarbon alongside our own experts from the CNC team (Stefan from CO2 Pool, Rick from RCADA Pool, and of course myself from SHIFT Pool) lend their ears and minds to theContinue reading “Cardano Carbon Footprint Project update”

Cardano Carbon Footprint working group

The Cardano Carbon Footprint is currently a set of documents that describe an initial methodology, scoping, challenges and a spread sheet to capture initial numbers on i.e. stake pools numbers and hardware, energy consumption and carbon emissions factors. These documents are are currently refined and formatted to make it easier for a new group ofContinue reading “Cardano Carbon Footprint working group”

Progress report – Cardano Carbon Footprint

We have to be honest, we didn’t manage to work much on the Cardano Carbon Footprint over Christmas. It is still a toss up decisions to either work on the CNC Ala ISPO with multiple deadlines and a large team to keep going OR our Cardano Footprint project. Over the Christmas period the ISPO workContinue reading “Progress report – Cardano Carbon Footprint”

Cardano uses 10,000x less electricity than Bitcoin

We have been doing numbers before, important numbers like an initial Cardano Stake Pool Carbon Footprint for us and for the Cardano Stake Pools in general, and we will continue to do more numbers to get a better idea on our impact. One important number to take into account when thinking about the climate impactContinue reading “Cardano uses 10,000x less electricity than Bitcoin”

Why #Cardano?

Spoiler: Because it is a positive impact #blockchain. Among all the blockchains out there, Cardano has the ingredients to grow sustainably and at the same time to make the world a better place. Among the many reasons we think Cardano brings more value than older #blockchains is the growing Cardano ecosystem. The ecosystem alone, plusContinue reading “Why #Cardano?”

More trees planted with Trees for Life in Scotland

Our December donation has gone to Trees for Life and increased the tree number in our SHIFT grove from 225 to 300. Donation details here. Check it out on our SHIFT Grove page with Trees for Life. These 300 trees alone make our climate positive, by offsetting all of our emissions and then some. AContinue reading “More trees planted with Trees for Life in Scotland”

A Catalyst Fund7 proposal: The Cardano Carbon Footprint

Blockchains use energy and have a carbon footprint. Cardano is a low energy consuming blockchain, due to its Proof of Stake protocol. It uses about 10.000x less energy per transaction than Bitcoin. (Ref) However, it still uses energy and a lot of other resources that cause carbon emissions. SHIFT Pool, as part of the ClimateContinue reading “A Catalyst Fund7 proposal: The Cardano Carbon Footprint”

SHIFT received the 14.8m ADA Cardano Foundation bootstrap delegation!

News: We are really happy to have received $ADA 14.8million as one of a few Cardano Foundation bootstrap delegations in Epoch 296 (13 October 2021). The Cardano Foundation provides these bootstrap delegations for a 3 month period to smaller pools in line with the methodology published here. Background: This delegation was also enabled by ourContinue reading “SHIFT received the 14.8m ADA Cardano Foundation bootstrap delegation!”