What is the carbon footprint of Bitcoin mining?
The carbon footprint of Bitcoin mining is the amount of greenhouse gas emissions produced during the process of verifying Bitcoin transactions. The energy consumption of Bitcoin mining is significant, as it requires specialized hardware and a tremendous amount of electricity. Most of the mining is done using coal-powered electricity, which makes the carbon footprint of mining very high. It is estimated that the carbon footprint of Bitcoin mining is equivalent to that of a small country's annual emissions. This has led to concerns about its environmental impact, and some efforts are being made to switch to renewable energy sources to decrease the carbon footprint.
This mind map was published on 25 June 2023 and has been viewed 178 times.
