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SPCX $163.72 +0.45%
MU $1,034.15 +0.03%
AMD $608.99 -0.29%

Cambridge University Centre for Alternative Finance Report: Bitcoin mining accounts for 0.1% of global greenhouse gas emissions

2022-09-27 15:46:36

Chain Catcher news, according to The Block, a study by the Cambridge Centre for Alternative Finance (CCAF) found that Bitcoin mining accounts for 0.1% of global greenhouse gas emissions, which is equivalent to 48.35 million tons of carbon dioxide per year.

Additionally, the study estimates that 37.6% of the energy used by the industry comes from sustainable sources. (The Block)

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