BITCOIN VS CLIMATE CHANGE
The issue surrounding the energy usage in bitcoin mining continue to gather pace, So many expert on separate note have said different things about bitcoin. Some cited that "bitcoin consumed electrcity more than Argentina," some stated bitcoin when ranked as a country is 30 in the world" in terms of its energy usage . Are these statements true? Different people have said different version of the statements The statements are not true and this cause panic and leave all readers with a wrong impression that if bitcoin is left unregulated it will ruin the planet considering its exponential growth lately. Comparing Bitcoin to countries and ranking them does a great job of making people feel that Bitcoin is not only one of the leading sources of emissions already, but is truly an outsized problem compared to the nearly 200 countries on the planet. Comparing the annual emissions output from Digiconomist, it states "CO2 Emissions data from Our World In Data, we find that Bit...

Comments
Post a Comment