Is Bitcoin An ESG Asset?
Blockware Podcast
00:00
Bitcoin Mining Could Be Emission Negative This Decade
Bitcoin mining has the unique potential to be emission negative this decade. Bitcoin is using 47% fossil fuel, which is very low. It's the lowest industry in the world for its fossil fuel use. An average sized landfill, 280 megawatts coming from landfill gas is enough offsetting the entire emissions of the Bitcoin network. The net effect is roughly a static hash rate even though power consumption is going up.
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