Bitcoin climate impact greater than gold mining, study shows
by Alex Hern UK technology editor from Technology | The Guardian on (#646RS)
Environmental damage of producing cryptocurrency averages 35% of its market value over past five years
Bitcoin is less digital gold" and more digital beef", according to a study that suggests the cryptocurrency has a climate impact greater than that of gold mining and on the level of natural gas extraction or rearing cattle for meat.
The research from the University of New Mexico, published in the journal Scientific Reports, assessed the climate cost of various commodities as a portion of their overall market cap.
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