Bitcoin Mining’s Carbon Footprint Is Blown out of Proportion

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TheMerkle_Bitcoin MiningIt appears there is a lot of misinformation on the internet when it comes to cryptocurrencies and the associated electricity usage. More specifically, most sources claim Bitcoin mining uses a lot of energy, which is absolutely correct. However, it seems the situation is being blown out of proportion completely. The Truth About Cryptocurrency Mining According to the infographic below, there are a lot of things regarding cryptocurrency mining which people need to take into account. It is true that Bitcoin mining requires a lot of electricity in general, but it is pretty much impossible for this industry to use more electricity than any other sector

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