Environment Impact of BTC

2 giu 2021

Hi all, just wanted to provide the information that I've used to respond to friends and family and (mostly) co-workers about the actual comparison between BTC energy consumption and carbon footprint to that of traditional financial institutions. I don't think anyone here needs convincing, but if this helps anyone else to have the facts, I wanted to get them out there.

Rebuttal to the Bloomberg article:
coindesk.com/what-bloomberg-gets-wrong-about-bitcoins-climate-footprint

Comparison of BTC to traditional banking alone:
medium.com/@mukeat/carbon-footprint-differences-btc-vsbanks-a5f8f0b844d0

Comparing BTC to the whole traditional monetary system:
coincentral.com/what-is-the-environmental-impact-of-bitcoin-mining/