According to a study, China’s bitcoin mines could compromise carbon neutrality goals

According to a study, China’s bitcoin mines could compromise carbon neutrality goals



According to a new study, China’s massive bitcoin mining could undermine the country’s emissions reduction efforts if the government does not intervene. The annual energy consumption of Chinese bitcoin miners is expected to peak at around 297 terawatt hours or more in 2024, the study found that annual carbon emissions from mines peaked in 2024 at 130 million tons or more than the Czech Republic’s greenhouse gas emissions in 2016 will achieve. The study was …

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According to a new study, China’s massive bitcoin mining could undermine the country’s emissions reduction efforts if the government does not intervene. The annual energy consumption of Chinese bitcoin miners is expected to peak at around 297 terawatt hours or more in 2024, the study found that annual carbon emissions from mines peaked in 2024 at 130 million tons or more than the Czech Republic’s greenhouse gas emissions in 2016 will achieve. The study was …

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