Debate: Crypto vs The Environment
Debate: Crypto vs The Environment It is estimated that the global Bitcoin network currently consumes about 133 terawatt-hours of electricity annually - roughly equal to what is consumed by the nation of Sweden. Crypto skeptics warn that the energy demands of the network are a threat to the environment and that further adoption of cryptocurrency will lead to a harmful rise in carbon emissions. However, crypto advocates say that the figures often used to denounce crypto can be misleading and when you examine the biggest contributing factors to climate change globally, Bitcoin is responsible for…
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