Mining one bitcoin consumes a larger carbon footprint than nearly two billion Visa transactions, according to Marion Laboure, a Deutsche Bank analyst.
According to Marion Laboure, a Deutsche Bank analyst, mining one bitcoin BTCUSD, +1.76% consumes a larger carbon footprint than nearly two billion Visa V, +0.95% transactions. Another incredible stat: an individual bitcoin transaction could power the average U.S. household for 61 days.
And while there have been moves to push cryptocurrency activity to renewable sources, about three-quarters of bitcoin’s global energy consumption is generated from non-renewable sources, says Laboure. She suggested four ways to decarbonize cryptocurrencies. One would be to push the cryptocurrency industry toward renewable sources, such as geothermal energy. El Salvador has started using geothermal energy from volcanoes, Another would be a carbon tax, that would hit large consumers of carbon-fuelled energy.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
US hits Chinese, North Korean firms with fresh sanctions, visa bansCanada and the United Kingdom join the US in imposing sanctions related to rights abuses in Myanmar, while Washington also imposed first new sanctions on North Korea under the Biden administration.
Les mer »
25 Celebrities Who Are Asexual And Proud“I’m complete just the way I am.”
Les mer »
The Face Sculpting Tool Cynthia Nixon Used Ahead of the 'And Just Like That' PremiereHere's what products they used for their glowy complexions.
Les mer »
Here's what a lot of college grads don't know about their first job offerA lot of people don't realize you can negotiate every salary offer — even for your first job! So it's important — especially for women — to know your worth.
Les mer »
Bitcoin's Biggest Corporate Investor Has Spent Nearly $500 Million Buying Bitcoin As Crypto Markets Lost $700 Billion In ValueMicroStrategy, the firm led by billionaire Michael Saylor, now owns about $6 billion worth of bitcoin.
Les mer »
Bitcoin's Biggest Corporate Investor Has Spent Nearly $500 Million Buying Bitcoin As Crypto Markets Lost $700 Billion In ValueMicroStrategy, the firm led by billionaire Michael Saylor, now owns about $6 billion worth of bitcoin.
Les mer »