Bitcoin emits the equivalent of 17.7 million tons of carbon dioxide every year, a big middle finger to Earth’s climate.
Reports shows, Crypto miners are using more electricity than Serbia, Eric Holthaus calculated that by July 2019 Bitcoin would require more electricity than all of the United States and that by November of 2020, we’d use more electricity mining than the entire world. This sort of precipitous rise is stunning and poses great danger towards our climate in which it’s effects are already evident. Cryptocurrencies are here to stay but it’s environmental effects needs to be addressed early on.
HashByte ensues to foster the current cryptocurrency mining landscape towards a green / renewable model, annihilating the need for fossil fuel powered electricity.
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