News Snapshot:
Bitcoin Ethereum News Chinese Bitcoin mining operations are accelerating and it is predicted that this activity will release another 130.5 million metric tons of carbon emissions by the year 2024 unless far-reaching regulations are enforced. According to an article published yesterday in the nature journal Nature Communications , the increasing energy consumption and related Bitcoin mining carbon emissions, have the potential to seriously undermine sustainability efforts, not only in China but globally. Annual Bitcoin mining energy consumption is set to peak in 2024, and emissions are expected to exceed the greenhouse gas output of the Czech Republic and Qatar. Within...
