The Carbon Footprint of Cryptocurrency: Challenges and Solutions –

Too Long; Didn’t Read

The carbon footprint of cryptocurrency mining is substantial. A Cambridge University study estimated that Bitcoin mining alone consumes more electricity than entire countries like Argentina or the Netherlands. Some mining farms have already made commitments to operate entirely on renewable energy, aiming to mitigate the environmental impact of their operations, with roughly 52% of crypto farms turning to the environmentally sound practice.


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