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Stephan 2y ago

"Can #Bitcoin Stop Climate Change? Proof of Work, Energy Consumption and Carbon Footprint (SoK)" by J. I. Ibañez et A. Freier.

"We find that a net-decarbonizing effect led by renewable-based mining is indeed plausible."

Link:

https://www.resistance.money/research/can_bitcoin_stop_climate_change.pdf

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7Bluerabbits 2y ago

I think the biggest benefit Bitcoin can bring to the climate is we are no longer forced to invest (usually gas & oil) to preserve our savings/ pension etc. I think this will dwarf the few Megatons Bitcoin is directly responsible for. This is what I refer to as “The Big Tomali”

https://www.bitcoinpowerconsumption.info/climate.html