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Although fossil fuels are the predominant energy source in most Bitcoin, the most widely-mined cryptocurrency adds little to the impact the work associated with crypto. Some opponents say it is Application-Specific Integrated Circuit ASIC miners, need to be energy-intensive.
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FACT CHECK: Bitcoin Mining is BAD For The Climate!? ??As of , bitcoin mining was estimated to be responsible for % of world greenhouse gas emissions, and to represent % of global electricity consumption. Cryptocurrency mining uses huge amounts of energy, but activists are urging for a change in its code to reduce its environmental impact. Thus, it has a large environmental impact, with some using as much energy as small countries to maintain a blockchain. There are even concerns about.
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