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In 2021, the carbon footprint of Bitcoin became a major topic of discussion due to its energy-intensive mining process. This article explores the environmental impact of Bitcoin, focusing on its carbon emissions and sustainability challenges.
Bitcoin mining relies heavily on electricity, often sourced from fossil fuels, which contributes significantly to its carbon footprint. In 2021, studies estimated that Bitcoin\“s annual carbon emissions were comparable to those of small countries, raising concerns about its long-term viability.
Efforts to reduce Bitcoin\“s carbon footprint include the adoption of renewable energy sources and more efficient mining hardware. However, the decentralized nature of Bitcoin makes it difficult to enforce green policies globally.
Overall, understanding Bitcoin\“s carbon footprint in 2021 is crucial for assessing its role in the future of digital currencies and environmental sustainability. |
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