The Environmental Impact of BitcoinBitcoin operates on a blockchain network maintained by miners through a process called Proof of Work (PoW). This process requires solving complex mathematical problems, demanding immense computational power and energy. According to recent studies, the annual energy consumption of Bitcoin mining rivals that of small countries. Most of this energy often comes from non-renewable sources, leading to substantial carbon emissions. Additionally, the production and ...

The Environmental Impact of BitcoinBitcoin operates on a blockchain network maintained by miners through a process called Proof of Work (PoW). This process requires solving complex mathematical problems, demanding immense computational power and energy. According to recent studies, the annual energy consumption of Bitcoin mining rivals that of small countries. Most of this energy often comes from non-renewable sources, leading to substantial carbon emissions. Additionally, the production and ...