how do cryptocurrencies affect the environment

Understanding the Environmental Impact of Cryptocurrencies

Cryptocurrencies have changed the money game, offering new ways to handle cash but also posing big challenges. One major issue is their effect on our planet, mainly because of the energy needed for mining. Bitcoin and Ethereum, especially, need a lot of computer power. This results in a big carbon footprint, raising important sustainability issues….

why is crypto bad for the environment

Why Is Crypto Bad for the Environment? A Detailed Analysis

The rise of cryptocurrencies has changed how we view money in just ten years. But, the excitement for digital money has a downside, especially for the planet. The main problem is Bitcoin mining. It uses so much electricity that it’s like powering whole countries by itself. United Nations scientists found that Bitcoin mining used about…