Bitcoin has emitted this much of CO2 since its launch – Katoch Tubes
how much Bitcoin cost the environment
how much Bitcoin cost the environment
About Bitcoin
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
The POW Consensus
Bitcoin follows Proof-of-work consensus mechanism which requires high computation power to mine a single coin
The carbon emission
The carbon emission
The high computation consumes a lot of energy that results in heavy emission.
Bitcoin Emission to date
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
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
ETH energy reduction
After ETH Merge, Ethereum chain has reduced its emission by 99%. A step in the right direction
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