Bitcoin causing CO2 emissions comparable to Hamburg

Iowa Climate Science Education

Hardware and IP addresses analyzed to assess the carbon footprint of the cryptocurrency

Technical University of Munich (TUM)

The use of Bitcoin causes around 22 megatons in CO2 emissions annually ? comparable to the total emissions of cities such as Hamburg or Las Vegas. That is the conclusion of the most detailed analysis to date of the cryptocurrency?s carbon footprint. For their study, an interdisciplinary team of researchers at the Technical University of Munich (TUM) analyzed such data as the IPO filings of hardware manufacturers and the IP addresses of Bitcoin ?miners?.

Although Bitcoin is a virtual currency, the energy consumption associated with its use is very real. For a Bitcoin transfer to be executed and validated, a mathematical puzzle must be solved by an arbitrary computer in the global Bitcoin network. The network, which anyone can join, rewards the puzzle solvers in Bitcoin. The computing capacity used in this…

View original post 621 more words

Author: uwe.roland.gross

Je dümmer die Menschheit ist, umso einfacher ist es dieser eine Lüge zu servieren. Noch nie hat ein Gesetz die Freiheit eines Menschen erhöht, jedoch wurde sie durch Gesetze entzogen! Am Anfang war die Lüge.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s