China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Bitcoin mining is ‘less green than ever’ after leaving China
Aggregated Source: ChinaTechNews.com

Bitcoin’s carbon dioxide pollution has gotten even worse since China ousted Bitcoin miners last year, according to a new analysis. It’s likely the result of Bitcoin miners substituting China’s abundant hydropower with coal and gas, experts say.

“We actually see Bitcoin becoming less green than ever before,” says Alex de Vries, lead author of the analysis00086-1) published last week in the journal Joule.

Bitcoin mining is ‘less green than ever’ after leaving China comes via ChinaTechNews.com.

Original URL: Click here to visit original article
Copyright ChinaTechNews.com