Is Bitcoin Bad for the Environment? Maybe. Why You Should Buy 'Green Coins' Instead.

Is Bitcoin Bad for the Environment? Maybe. Why You Should Buy ‘Green Coins’ Instead.
One of
Tesla (NASDAQ:
TSLA) CEO Elon Musk — threw some cold water on the not-so-green coin when, last night, he tweeted that his company would no longer accept Bitcoin payments for Tesla cars. The reason? Bitcoin is bad for the environment.
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A Bitcoin (BTC) coin sitting on a mossy piece of wood.
Specifically, Musk — a green energy enthusiast whose Tesla empire is built entirely on the purpose of improving the environment — said that Bitcoin mining uses a ton of electricity, and a lot of that electricity is powered by fossil fuels, specifically coal, meaning it is a huge contributor to climate change.

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