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Carbon Emissions of Bitcoin compared to other industries

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by COINS NEWS 212 Views

Carbon Emissions of Bitcoin compared to other industries

CoinShares published analysis says that mining of BTC is only less than 0.1 % of world co2 production

They said in the report : “ For reference, countries with large industrial bases like the United States and China emitted 5,830 megatons and 11,580 megatons of CO2 respectively in 2016. “

according to them BTC network emitted an estimated 41 metric tons of CO2, which is lower than the global banking industry, gold industry, and every other industry shown below

https://preview.redd.it/os4jkf9zefm81.jpg?1280&format=pjpg&auto=webp&s=35244cdb99743cea8355991001e08e4e5c1a1035

Data of published analysis : Jan 2022

Source : CoinShares

https://imgur.com/a/ihwvgMN

submitted by /u/TheNextPharaoh
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