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Kakadu18 on 13 November 2021
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SvennoJ said:
dx11332sega said:

Is mining also a cause for global warming? like cryto currencies?

https://www.reuters.com/technology/how-big-is-bitcoins-carbon-footprint-2021-05-13/

At current rates, such bitcoin "mining" devours about the same amount of energy annually as the Netherlands did in 2019, data from the University of Cambridge and the International Energy Agency shows.

Bitcoin production is estimated to generate between 22 and 22.9 million metric tons of carbon dioxide emissions a year, or between the levels produced by Jordan and Sri Lanka, a 2019 study in scientific journal Joule found.

https://www.visualcapitalist.com/comparing-the-carbon-footprint-of-gold-and-bitcoin/

The carbon footprint of a single mined bitcoin (including fees) amounts to 191 tonnes of carbon dioxide while to mine the equivalent value in gold, it would only take 13 tonnes of carbon dioxide.

Holy shit, that's worse than I thought. Time to make that stuff illegal.