Bitcoin mining in China may quickly generate as a lot carbon emissions as some European international locations, examine finds

Bitcoin mining in China may quickly generate as a lot carbon emissions as some European international locations, examine finds By amit / April 9, 2021 Cryptocurrency mining requires significant computer power and electricity, and the increase in bitcoin purchases leaves behind a hefty carbon footprint. That amount of greenhouse gases would have surpassedthe total annual emissions output from the Czech Republic and Qatar in 2016. The bitcoin blockchain could consume as much energy per year as small to medium-sized countries such as Denmark, Ireland or Bangladesh, according to research from Sinan Kufeogl, civil engineering research associate at the University of…