Bitcoin Mining Emissions In China Will Hit 130 Million Tons By 2024


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@06:40PM from the what-to-expect dept. According to researchers in Beijing, China, the total carbon footprint of bitcoin mining in the country will peak in 2024, releasing around 130 million metric tons of carbon . This figure exceeds the annual carbon emissions of countries including Italy and the Czech Republic. New Scientist reports: By 2024, bitcoin mining in China will require 297 terawatt-hours of energy and account for approximately 5.4 per cent of the carbon emissions from generating electricity in the country. The researchers predicted the emissions peak in China in 2024 based on calculations of when the overall cost of...