This story was published as part of our Climate Week NYC coverage. from Columbia climate school
Environmental damage of producing cryptocurrency averages 35% of its market value over past five years
The Energy Bomb: How Proof-of-Work Cryptocurrency Mining Worsens the Climate Crisis and Harms Communities Now
The environmental cost of producing bitcoin places the digital asset alongside some of the world’s most environmentally unfriendly industries, according to a new study
Climate change is one of the most pressing problems confronting our world, and President Biden has taken bold steps to address it with legislation and policy
Bitcoin does not just have an energy problem, but also generates significant quantities of electronic waste (e-waste). Bitcoin Miners become obsolete roughly every 1.5 years.
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