Carbon footprint of bitcoin

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Bitcoin Mining Carbon Footprint and Potential Environmental Disaster
bitcoinsnews.org � press-release � un-study-reveals-hidden-environmental-impacts-. The carbon footprint per VISA transaction is only grams CO2eq. Electrical Energy Comparison. , The number of VISA transactions that could be powered. As of , bitcoin mining was estimated to be responsible for % of world greenhouse gas emissions, and to represent % of global electricity consumption.

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The Bitcoin Energy Consumption Index was created to provide insight into these amounts, and raise awareness on the unsustainability of the proof-of-work algorithm. They also suggest investment in other types of digital currencies that are more efficient in terms of energy use and less harmful to the environment. See European Parliament

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