Tag: carbon
“The total Bitcoin carbon footprint exceeds the total greenhouse gas emission reductions of electric vehicles (51.9 Mt CO2 in 2020) as reported by the International Energy Agency’s EV Outlook 2021.” This was noted in a new article titled “The true costs of digital currencies: Exploring impact beyond energy …
Estimates have long suggested that Bitcoin mining is a dirty business, but it took a blackout in China’s Xinjiang province during the weekend of April 17-18 to confirm the appalling state of Bitcoin’s network.
In a new study titled “The Carbon Footprint of Bitcoin” published in Joule today (June 12, 2019) Christian Stoll, Lena Klaassen and Ulrich Gallersdörfer find that: “the level of emissions produced by Bitcoin sits between the levels produced by the nations of Jordan and Sri Lanka, which is …
As of today, an estimate of Bitcoin’s carbon footprint has been added to the Bitcoin Energy Consumption Index.
