Bitcoin mining has 'very worrying' impacts on land and water, not only carbon

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As bitcoin and other cryptocurrencies have grown in market share, they've been criticized for their heavy carbon footprint: Cryptocurrency mining is an energy-intensive endeavor. Mining has massive water and land footprints as well, according to a new study that is the first to detail country-by-country environmental impacts of bitcoin mining.

A groundbreaking study has provided new insights into the extensive impact of metal mining contamination on rivers and floodplains across the world, with an estimated 23 million people believed to be ...

Taken as a share of the market price, the climate change impacts of mining the digital cryptocurrency Bitcoin is more comparable to the impacts of extracting and refining crude oil than mining gold, ... As an alternative to government-issued money, the cryptocurrency Bitcoin offers relative anonymity, no sales tax and freedom from bank and government interference. But some people argue that these ...

Bitcoin, Ethereum, Litecoin and Monero -- the names of digital-based 'cryptocurrencies' are being heard more and more frequently. But despite having no physical representation, could these ...

 

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