how much Bitcoin cost the environment

About Bitcoin

Bitcoin is first cryptocurrency which was launched in 2009 by Satoshi Nakamoto. It represent nearly 40% of the crypto marketcap.

The POW Consensus

Bitcoin follows Proof-of-work consensus mechanism which requires high computation power to mine a single coin

The carbon emission

The high computation consumes a lot of energy that results in heavy emission. 

Bitcoin Emission to date

Bitcoin has emitted 200 million tonnes of CO2 since its launch according to researchers at the University of Cambridge.

Going the POS way

Blockchains are switching to proof-of-stake consensus to cut down the emission issue. ETH is the prime example

ETH energy reduction

After ETH Merge, Ethereum chain has reduced its emission by 99%. A step in the right direction

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