Cryptocurrency, like Bitcoin, has sparked a big environmental worry. The digital gold rush’s side effects are now seen clearly. United Nations scientists report shocking data from 2020 to 2021. Bitcoin mining used 173.42 Terawatt hours of electricity during this period. This massive energy use is like burning 84 billion pounds of coal. It shows the…
Cryptocurrency has changed the way we think about money. But, it also has a big cryptocurrency environmental impact. The process of crypto mining is very energy hungry. This raises worries about harm to our planet. In fact, the crypto mining industry uses nearly as much electricity as the world’s banks combined. This is shocking. For…
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…