While Bitcoin Energy Concerns Grow, Nobody Discusses the Carbon and Military ...

While Bitcoin Energy Concerns Grow, Nobody Discusses the Carbon and Military ...

This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been saying that concerns over the Bitcoin network’s energy supply are absurd, in contrast to the carbon used and the military violence that backs a number of fiat currencies including the U.S. dollar. One could even go as far as to say that the American dollar alone has left boot prints on large groups of humans over the years and desecrated entire countries. Musk and Dorsey Still Use US Dollars When....


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Bitcoin Emits Less Than 2% Of The World’s Military-Industrial Complex Carbon ...

Published research shows Bitcoin mining produces a mere fraction of the carbon emissions coming from the world’s military-industrial complex.

Surge in Bitcoin energy consumption sparks debate in crypto community

Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index. The recent surge of Bitcoin (BTC) price has driven notable growth in the amount of electricity consumed by Bitcoin miners, spurring another wave of argument in the community over the ecology of the seminal cryptocurrency.According to the latest data from Digiconomist’s Bitcoin Energy Consumption Index, Bitcoin energy consumption has been at its highest historical levels since late 2020, with the estimated annual consumption level staying above....

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XRP Ledger blockchain energizes decarbonization, but tokenization a challenge

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Bitcoin mining in China set for 'stricter supervision' due to carbon concerns

China is reportedly paying more attention to the crypto mining sector, amid concerns of its growing carbon footprint. China’s crypto mining operations may be set for stricter supervision in the future, with the Government reportedly concerned about the energy consumption of Bitcoin mining in particular. Beijing sent an “emergency notice” to conduct checks on data centres involved in Bitcoin and other cryptocurrency mining operations on April 27, which was reportedly met with some panic in China.However Chinese columnist Colin Wu or Wu Blockchain on Twitter, was quick to downplay fears of....