Is Bitcoin Accelerating Our Global Warming

Is Bitcoin Accelerating Our Global Warming?

The Bitcoin is by far the most popular cryptocurrency in the world. Cryptocurrencies were primarily designed to facilitate faster and more secure financial transactions over the web. They were meant to make the world a better place. However, there are worrying studies that show that the rise of Bitcoin alone could increase the world’s global warming levels by two degrees in a span of just 2 decades.

This is because this increase in the use of Bitcoin places huge demands on the world’s energy system. As a result, astronomical amounts of carbon emissions are given off, which consequently cause a global warming effect. It is inevitable that the continued growth...






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