Scientists Urge Immediate Action Against Bitcoin Surge: Urgent Warnings on Environmental Impact and Economic Concerns
As the value of Bitcoin skyrockets, the environmental impacts of its mining process come under scrutiny. Bitcoin mining consumes a staggering amount of electricity—155-172 terawatt-hours each year—producing around 96 million tonnes of carbon dioxide annually. The shift of mining operations from China to countries like Kazakhstan and the U.S. has decreased the share of renewable ...
