Bitcoin’s Energy Problem Isn’t Going Away Anytime Soon ...Middle East

Since its debut 12 years ago, bitcoin has frequently been lambasted for its energy-intensive mining process. About 2.5 years ago, Nature Climate Change, a monthly peer-reviewed scientific journal published by Nature Publishing Group, warned that bitcoin mining alone could push global warming over the 2ºC catastrophic threshold in just 14 years if adoption rates matched those by other broadly used technologies.  The bitcoin mining rate has increased 500% since the publication. On the opposite side of the spectrum, crypto buffs, investors,…

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