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Getting climate, energy & environment news right.

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.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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