More Miners, More Problems: Bitcoin’s Carbon Footprint Hits All-Time High ...Middle East

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More Miners, More Problems: Bitcoin’s Carbon Footprint Hits All-Time High
The crypto industry is in crisis. Crypto bigwigs all over the world, from the United States to South Korea, have been slapped with very public criminal charges concerning fraud. After the scandalous downfall of FTX, one of the largest cryptocurrency exchanges in the world, regulators have escalated a crackdown on digital currency firms, and there are many reports of “crypto contagion” bringing down non-crypto firms as well. But while the crypto sector is facing a particularly brutal chapter in its brief history, many cryptocurrencies…

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