The debate over whether cryptocurrencies have a net good or bad impact on the environment continues to be contentious.Īccording to the Cambridge Bitcoin Electricity Consumption Index, the amount of electricity used by bitcoin mining annually could heat enough water to make all the cups of tea brewed in the UK for 30 years.
Green energy and its mass adoption are gaining popularity as extreme weather events like heat wave waves, severe droughts, storms, and other natural disasters become more frequent.
