Why Is Cryptocurrency Bad for the Environment? A Deep Dive
The quick growth of digital currencies like Bitcoin sparks much debate about their cryptocurrency environmental impact. This financial trend grabs both investors and consumers’ attention. But, the high energy use for Bitcoin mining worries both environmentalists and policymakers. Impressively, in 2020–2021, global Bitcoin mining used 173.42 Terawatt hours of electricity. That’s more than countries like…