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Bitcoin worse for the climate than beef, say economists

Bitcoin more costly to climate than beef, say economists

Far from being the “digital gold” some claim, Bitcoin’s relative climate change impact is greater than the beef industry, and over seven times more than actual gold mining. Economic researchers compared the environmental impact of Bitcoin – created by using computing brute force to crack complex algorithmic puzzles – against three measures of environmental impact between January 2016 and December 2021.








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