Bitcoin mining impact on climate change is much less than it was perceived to be

Study shows Bitcoin mining had little impact on climate change while over 50 percent of emissions were released from China. Statistics showed that Bitcoin (BTC) mining exhausts nearly 0.25 percent of the world’s electricity supply. Despite the huge electricity consumption the emissions due to BTC mining are almost negligible. Bitcoin Mining and its effect on global climate Bitcoin’s network is secured by a proof-of-work protocol in which participants use powerful computing machines to solve complex math equations. These mining machines – also known as mining rigs – require a great amount of electricity to function. These participants are called miners