Carbon Emissions of Bitcoin compared to other industries
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CoinShares published analysis says that mining of BTC is only less than 0.1 % of world co2 production They said in the report : “ For reference, countries with large industrial bases like the United States and China emitted 5,830 megatons and 11,580 megatons of CO2 respectively in 2016. “ according to them BTC network emitted an estimated 41 metric tons of CO2, which is lower than the global banking industry, gold industry, and every other industry shown below Data of published analysis : Jan 2022 Source : CoinShares submitted by /u/TheNextPharaoh |
