Bitcoin is actually going to ruin the world, climate scientists say

Bitcoin is actually going to ruin the world, climate scientists say

5 years ago
Anonymous $ZPWJA6-QD2

https://www.cnet.com/news/bitcoin-is-actually-going-to-ruin-the-world-climate-scientists-say/

It's the most recent piece of analysis to assert that bitcoin is bad for the environment. Mother Jones wrote in December that one bitcoin transaction consumes as much electricity as a household does for a whole week. Environmental publication Grist wrote last year that "bitcoin is slowing the effort to achieve a rapid transition away from fossil fuels."

It's also not the first cryptocurrency accused of causing problems with the sheer amount of processing power -- and thus electricity -- required to use it. Hackers often use malicious software to trick unsuspecting internet users into mining the cryptocurrency Monero on their computers, sometimes causing other programs to grind to a halt and the computer's fan to kick into lift-off mode.