Bitcoin climate impact greater than gold mining, study shows

Bitcoin climate impact greater than gold mining, study shows

3 years ago
Anonymous $_PGtSJbg8h

https://www.theguardian.com/technology/2022/sep/29/bitcoin-climate-impact-gold-mining-environmental-damage-cryptocurrency

Environmental damage of producing cryptocurrency averages 35% of its market value over past five years

Bitcoin is less “digital gold” and more “digital beef”, according to a study that suggests the cryptocurrency has a climate impact greater than that of gold mining and on the level of natural gas extraction or rearing cattle for meat.

Bitcoin climate impact greater than gold mining, study shows

Sep 29, 2022, 5:17pm UTC
https://www.theguardian.com/technology/2022/sep/29/bitcoin-climate-impact-gold-mining-environmental-damage-cryptocurrency > Environmental damage of producing cryptocurrency averages 35% of its market value over past five years > Bitcoin is less “digital gold” and more “digital beef”, according to a study that suggests the cryptocurrency has a climate impact greater than that of gold mining and on the level of natural gas extraction or rearing cattle for meat.