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HomeTechnologyEmissions from mining a single bitcoin have increased 126-fold

Emissions from mining a single bitcoin have increased 126-fold

Between 2016 and 2021, the carbon emissions related to mining bitcoin have elevated from 0.9 tonnes to 113 tonnes per coin


29 September 2022

A physical representation of bitcoin on a chip

There’s a giant power price related to mining bitcoin

Pulsar Imagens/Alamy

The emissions related to mining a single bitcoin have elevated 126-fold in 5 years, creating an business that, based on one measure, is extra environmentally damaging than world beef manufacturing.

Mining bitcoin includes networks of computer systems competing to guess the answer to a mathematical puzzle. The method authenticates the cryptocurrency’s transactions, and the primary miner to the clear up the puzzle is awarded a major quantity of bitcoin. “As a result of it’s price some huge cash, you might have lots of people who …

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