The Digital Source For China's Tech Innovation Since 2000

Search
Close

Bitcoin mining is “less green than ever” after leaving China

March 1, 2022
Source: reporterwings.com reporterwings.com
News Snapshot:
Bitcoin’s carbon dioxide pollution has gotten even worse since China [ousted Bitcoin miners](//www.theverge.com/2021/9/30/22702543/bitcoin-carbon-footprint-emissions-china) last year, according to a new analysis. It’s likely the result of Bitcoin miners substituting China’s abundant hydropower with coal and gas, experts say. “We actually see Bitcoin becoming less green than ever before,” says Alex de Vries, lead author of the [analysis](//www.cell.com/joule/fulltext/S2542-4351(22)00086-1) published last week in the journal Joule. That directly counters continued claims by industry groups that renewable energy would clean up Bitcoin’s operations. The new report shows that the Bitcoin boom is becoming a bigger problem for the world’s efforts to eliminate fossil fuel...
Go To Original Source →
Tags: author | bitcoin | blockchain | China | climate change | co2 | Congress | corporate social responsibility | crime | crypto | currency | ESG | finance | fintech | fraud | Gadgets & Electronics | Inner Mongolia | Kazakhstan | medicine | Mongolia | pollution | sichuan | technology | Xinjiang | Yunnan

Other Related News:

Oppo, Xiaomi, and Vivo are making it easier to switch phones

March 24, 2023

TikTok hearing: Chase Nasca suicide after 1000 unsolicited videos

March 24, 2023

U.S. President Joe Biden’s visit to Canada: What you need to know

March 24, 2023

Paul Keating renews attack on Richard Marles over AUKUS

March 24, 2023

TikTok CEO grilled by U.S. lawmakers

March 24, 2023

Who is Shou Zi Chew, TikTok’s CEO testifying before Congress?

March 24, 2023

China says it did not interfere with Canada's election

March 24, 2023

Skeptical US lawmakers grill TikTok CEO over safety, content

March 24, 2023

TikTok CEO defiant as US lawmakers doubt assurances on safety

March 24, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter