Bitcoin's Carbon Emissions: It's All Relative

Bitcoin's Carbon Emissions: It's All Relative

In this, the second of a three-part series, Danny Bradbury explores the impact the bitcoin network is having on the environment. Part One uncovered exactly how many pounds of carbon each bitcoin produces. Here, this figure is compared to the broader financial sector. Yesterday, we explored how much carbon the average fossil fuel-using miner emits when they produced a bitcoin. 16 gallons of gasoline sounds a lot, but in the broader context, just how bad is it, and how can we frame that argument? As some people pointed out in the comments, it's all relative. Bitcoin advocates are quick to....


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