The Carbon Footprint of Cryptocurrency: Challenges and Solutionsby@seanross857
957 reads

The Carbon Footprint of Cryptocurrency: Challenges and Solutions

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

The carbon footprint of cryptocurrency mining is substantial. A Cambridge University study estimated that Bitcoin mining alone consumes more electricity than entire countries like Argentina or the Netherlands. Some mining farms have already made commitments to operate entirely on renewable energy, aiming to mitigate the environmental impact of their operations, with roughly 52% of crypto farms turning to the environmentally sound practice.
featured image - The Carbon Footprint of Cryptocurrency: Challenges and Solutions
a giant footprint via HackerNoon AI Image Generator
Sean Ross HackerNoon profile picture

@seanross857

Sean Ross

Content Writer focused on blockchain and the crypto space as a whole.


Receive Stories from @seanross857

react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!