The headline is always the same: “Bitcoin is boiling the oceans.” But is that the whole story? Let’s cut through the noise and look at the…Continue reading on Coinmonks »The headline is always the same: “Bitcoin is boiling the oceans.” But is that the whole story? Let’s cut through the noise and look at the…Continue reading on Coinmonks »
The Environmental Impact of Crypto Mining — Facts vs. Myths
The headline is always the same: “Bitcoin is boiling the oceans.” But is that the whole story? Let’s cut through the noise and look at the real data.
Farhad Ali
6 min read
·
4 days ago
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It’s one of the first and most damaging criticisms you hear about cryptocurrency: it’s an environmental disaster. The image of massive warehouses full of whirring computers burning fossil fuels to “mine” a digital coin is a powerful and unsettling one. And for a long time, it was a criticism that was difficult to defend.
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