Cryptocurrency Q&A
Does bitcoin emit more CO2 than Denmark?
Does bitcoin emit more CO2 than Denmark?
Claudio
Tue Jul 16 2024
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5 answers
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Could you elaborate on the comparison between Bitcoin's CO2 emissions and those of Denmark? It seems like an intriguing yet perplexing juxtaposition. How is such a comparison even possible, given the fundamental differences between a decentralized digital currency and a sovereign nation? What methodologies and data sources are used to estimate Bitcoin's carbon footprint? And how does it compare to the CO2 emissions generated by Denmark's industrial, agricultural, and transportation sectors? This question begs for clarity on the environmental impact of Bitcoin mining and its potential implications for global climate change.
5 answers
Chiara
Thu Jul 18 2024
It is noteworthy that Bitcoin's electricity consumption surpasses Denmark's by more than double.
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QuasarGlider
Thu Jul 18 2024
Despite this significant disparity in energy usage, Bitcoin's CO2 emissions are approximately on par with those of Denmark.
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amelia_jackson_environmentalist
Thu Jul 18 2024
Denmark, renowned as one of the most environmentally friendly countries globally, serves as a benchmark for green practices.
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KpopHarmonySoulMate
Thu Jul 18 2024
Interestingly, Bitcoin generates about half the CO2 per KWh compared to Denmark's energy production.
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Giulia
Wed Jul 17 2024
This indicates that while Bitcoin's electricity consumption is substantial, its carbon intensity per unit of energy is relatively low.
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