Waste heat from Bitcoin mining consumes the same amount of electricity as a regular heater & often displacing fossil heating. Switching oil to electric in a Low Carbon Intensity area could reduce heating footprint by up to 90%.
So IF 74% of hash power comes from combined mining heating for 61% of the year (2 winters North + South) ,& the whole world achieves 100gCO₂/kWh (UK target)
BITCOIN NET EMISSION BECOME CARBON NUETRAL !
