Is Bitcoin Destroying the Earth?
Is Bitcoin (CRYPTO: BTC) destroying the earth? It takes a lot of energy to keep Bitcoin and other cryptocurrencies running. Cryptocurrency critics have raised the alarm about how all this energy consumption could harm the planet. Why does cryptocurrency use so much energy? How much is it contributing to carbon emissions? And is it part of the problem or the solution? The answer is more complex than you might think.
Image sources: Getty Images, Pexels.com, Nasa.gov.
We're collectively facing an ever-approaching deadline to abandon fossil fuels and the carbon dioxide they spew into the atmosphere. If we don't quickly switch to renewable forms of energy, science tells us that the effects of the changes we're already seeing in Earth's climate could go from unpleasant to catastrophic.
Source Fool.com