why crypto mining is bad for the environment

Why Is Crypto Mining Bad for the Environment? Key Factors Explained

Byitrecycle

Crypto mining is causing a buzz for its tech advancements but has a dark side too. Investors chasing profits from digital currencies like Bitcoin often ignore the huge energy used. The United Nations research shows Bitcoin mining uses about 173.42 terawatt-hours (TWh) each year. This is more than many countries’ total energy use. Such high…

how is crypto mining bad for the environment

Environmental Costs of Crypto Mining: A Closer Look

Byitrecycle

The environmental costs of crypto mining, especially Bitcoin, are huge. It’s like the gold rush of the past but with digital technology. The United Nations studies show that this is harming our climate, water, and land. Bitcoin mining uses about 173.42 Terawatt hours of electricity every year. If Bitcoin were a country, it would be…