How bitcoin is bad for the environment

how bitcoin is bad for the environment

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Why Bitcoin is a Scam
Top-down estimates of the electricity consumption of cryptocurrency mining in the United States imply that the industry was responsible for an. Regardless of the opinions of fans and skeptics, cryptocurrency has an environmental impact. It consumes energy primarily generated by fossil fuels. At a time. Mining cryptocurrencies can have major environmental impacts on climate, water, and land, according to new research by United Nations scientists.
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Comment on: How bitcoin is bad for the environment
  • how bitcoin is bad for the environment
    account_circle Dakora
    calendar_month 02.02.2023
    What charming answer
  • how bitcoin is bad for the environment
    account_circle Mazuramar
    calendar_month 10.02.2023
    In my opinion it is not logical
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Would love your thoughts, please comment. In October , due to the global energy crisis , the European Commission invited member states to lower the electricity consumption of crypto-asset miners and end tax breaks and other incentives benefiting them. Climate Impacts of Bitcoin Mining in the U. In the wake of this current crypto crisis, these sustainable alternatives have a better chance of succeeding.