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No, Bitcoin is not destroying the planet

No, Bitcoin is not destroying the planet

Graham Laseter and Chris Barnard dispel the environmental myths surrounding Bitcoin in The Washington Examiner.

>>>READ: Cryptocurrency can be a Force for Environmental Good<<<

The C3 Take
  • While Bitcoin mining is energy intensive, 75% of miners around the world use renewable energy and 39% of Bitcoin mining is powered entirely by clean energy.
  • Bitcoin and other cryptocurrencies can play an important role in accelerating clean technologies and energy sources.
  • While some politicians see cryptocurrency as an environmental villain, Bitcoin can in fact be a force for environmental good.

“Beware the anti-Bitcoin environmental doomsayers. The reality is that Bitcoin not only debunks the common energy fallacies being told about it, but it might well be a key to unlocking our clean energy future.”

Read the full article here.

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