Bitcoin as environmentally costly as beef production

Taken as a share of the market price, the environmental costs of mining the digital cryptocurrency Bitcoin are more comparable to the climate damages of producing beef than gold mining costs, according to analysis published in Scientific Reports. The authors suggest that rather than being considered akin to "digital gold," Bitcoin should instead be compared to much more energy intensive products such as beef, natural gas, and crude oil.

from Energy & Green Tech News - Energy Sciences News, Green Tech, Energy, Energy Science https://ift.tt/KXRLcjt

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