Saturday 25 September 2021

Bitcoin Mining Accounts for 0.9% of Global Carbon Emissions in 2030

 On September 22, the New York Digital Investment Group (NYDIG) published a research paper entitled "Bitcoin Net Worth" this month.

BitCoin Mining

Research shows that “even in our most radical and highest-priced situation, that is, by 2030, when Bitcoin reaches 10 trillion U.S. dollars, its emissions will only account for 0.9% of the world’s total, and its energy expenditure will only account for the world’s total. 0.4%."

It is reported that this study was written by Castle Island Ventures partner Nic Carter and NYDIG founder Ross Stevens, and discussed how the network's carbon emissions will change in the future. The influencing factors include the price of Bitcoin, the difficulty of mining, and energy consumption. fluctuation. 

BitCoin Mining Carbon Emission

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