Bitcoin surges toward $50,000 amid China s latest crypto crackdown pakistantelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakistantelegraph.com Daily Mail and Mail on Sunday newspapers.
Bitcoin s price is skyrocketing so is its carbon footprint By Irina Ivanova Bill Gates calls for eliminating emissions
As the price of bitcoin soars past $56,000, the cryptocurrency s negative environmental impact is becoming harder to ignore. Energy-hogging crypto miners have been blamed for power outages in Iran, while China a crypto mining hotbed is cracking down on the practice as it takes a heavier hand with polluting industries.
More such crackdowns may be needed to keep crypto s carbon emissions under control. According to research released this week, bitcoin s record-high prices have created a crypto mining backlog such that, even if the price falls, emissions from mining the virtual currency are likely to stay high for the near future.
Environmental News For The Week Ending 06 March 2019 econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.
Bitcoin mining to be banned in coal-heavy region of China that accounts for 8% of global operations msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.