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China Mining Bam

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Chinese government effectively prohibited bitcoin extraction in the People’s Republic, according toresearch publishedattach


in the Joule journal. The share of renewable energy used to power mining operations has fallen from almost 42% to around 25% last August, the study insists.


-via news.bitcoin.com


Estimates says that  Bitcoin produces more than 65 megatons of carbon dioxide annually. The amount exceeds the total carbon emissions of a country like Greece. Which is why, more and more countries are starting to ban bitcoin. This is also the reason why Elon halted accepting bitcoin as a payment for tesla way back.



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