Lindsey Kelleher

Blog Info Bitcoin Magazine
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Stats Has written 1 posts about cryptocurrency

Dec 28 2021

Bitcoin’s Green Potential: Energy Consumption Does Not Equal Carbon Emissions

While detractors often cite Bitcoin’s energy consumption as a negative, this doesn’t automatically imply environmental impact.Bitcoin mining has long been singled out for its contribution to rising global carbon emissions. Fortunately for the pioneering cryptocurrency, many of these critiques are based on faulty assumptions and predictions divorced from an understanding of the built-in energy-seeking incentives...

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