University of New Mexico researchers find Bitcoin mining is environmentally unsustainable miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Bitcoin mining fails to meet sustainability criteria and damages the climate more than beef production or the mining of precious metals, say experts at the University of New Mexico.
Taken as a share of the market price, the climate change impacts of mining the digital cryptocurrency Bitcoin is more comparable to the impacts of extracting and refining crude oil than mining gold, according to an analysis published in Scientific.
Bitcoin has extremely troubling impact on climate change, report finds theiet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theiet.org Daily Mail and Mail on Sunday newspapers.