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PostJune 13, 2019

Bitcoin mining may be pumping out as much CO2 per year as Kansas City

The cryptocurrency Bitcoin requires powerful computing hardware to acquire, and the amount of electricity this process uses remains an open question. The latest studies used data from initial public offering (IPO) filings to find that the mining process accounts for 0.2% of global electricity consumption and produces as much carbon dioxide as Kansas City. In this article James Temple, MIT Technology Review's senior editor for energy, reveals that while this data may not accurately represent energy usage and emissions, Bitcoin-related emissions are too high and alternatives are needed.

Read the full article at: https://www.technologyreview.com/s/613658/bitcoin-mining-may-be-pumping…

Image by: Diana Parkhouse on Unsplash

by MIT Technology Review
Topics
Energy

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