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Can cryptocurrency be justified in a climate catastrophe?

13 April 2021 Bitcoin mining and cryptocurrency in general are having what could very loosely be sort of described as a ‘coming of age’ moment. It’s loose because advocates of these digital currencies, which obtain ‘trust’ from requiring massive amounts of energy to generate (‘proof of work’), don’t seem to be handling the challenges of dealing with key issues like climate and environment particularly well. This was explored recently in RenewEconomy, in this post detailing how there are many Bitcoin mining operations running massive server farms that either exist on carbon intensive grids, or even directly use fossil gas on mining sites where that gas would have otherwise been flared.

On President Biden s Climate Summit and John Kerry s visit to Dhaka

On President Biden s Climate Summit and John Kerry s visit to Dhaka
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