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…

does crypto mining damage the environment

How Crypto Mining Damages the Environment: Facts and Solutions

Byitrecycle

Cryptocurrency’s growth over the last decade has been huge. But this boom has caused big environmental problems. United Nations scientists say crypto mining, especially Bitcoin, creates a lot of pollution. It’s as bad as burning 84 billion pounds of coal. We need to seriously think about how much energy this uses. In just a year,…