The Nvidia Patterns

The Nvidia Patterns

Bitcoin Remains Bad for the Environment

Sorry Cyberpunks, your fight is over.

Michael Spencer's avatar
Michael Spencer
Feb 01, 2022
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Bitcoin’s impact of its carbon footprint shows a weird like to Web 3.0 not being great for the environment. Many people are bullish about cryptocurrencies like Bitcoin, but detractors point to a major flaw—cryptocurrency mining is highly energy-intensive.

As of 2022, the U.S. is officially the leader in Bitcoin mining. The percentage of global hash power…

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