Home ETFdb.com Bitcoin Could Positively Alter Climate Change

Bitcoin Could Positively Alter Climate Change

Over its brief lifespan, bitcoin has developed a reputation for being energy-intensive. It takes large amounts of electric power, often sourced from fossil fuels, to source small amounts of the cryptocurrency. By some estimates, the power needed to mine large amounts of bitcoin is equivalent to the energy needs of some cities or small countries.

newETFs.io respects the hard work of others and gives all credit to the remarkable folks at ETFdb.com. This excerpt/article was pulled from their RSS feed; click here to view the original. Please note that on occasion, the RSS feed will not have the author. When this happens this site defaults the author to "News". Make no mistake, this excerpt/article was not created by newETFs.io, it was simply shared with you.