Nuttall compares it to a plane going from London to New York. “The plane is going anyway, where or not every seat is filled.”
Untitled
Dec 9
So what is the carbon footprint of NFTs?The Cambridge Bitcoin Electricity Consumption Index (CBEI), housed in the Judge Business School at the University of Cambridge, UK, has been tracking Bitcoin since 2019. In its most recent findings published in May 2021, the CBEI reported that Bitcoin mining currently consumes 133,68 terawatt hours a year of electricity – consistently rising year each year from when this research began. Similar studies into the carbon footprint of Ethereum produce simil...

Most popular by Untitled

As the somewhat true, somewhat invented, story goes, Fiddy

As the somewhat true, somewhat invented, story goes, Fiddy

This is both a testament to FTX’s stunning growth

This is both a testament to FTX’s stunning growth

Locked down, while NFTs go up

Locked down, while NFTs go up

ParagraphParagraph

Untitled

Written by
0xE04B...bd43
Subscribe

2025 Paragraph Technologies Inc

PopularTrendingPrivacyTermsHome
Search...Ctrl+K

Untitled

Subscribe