
One Transaction Can Power a UK Home For 3 Weeks
A new report assessed the environmental impact of Bitcoin and other cryptoassets, casting a particularly harsh light on BTC. It claimed that one Bitcoin transaction uses as much power as an average UK home does in three weeks. Renewables in the global hashrate and carbon offsets are important metrics, but difficult to fully quantify. Currently, it seems like electricity costs are the most reliable way to measure a blockchain’s green credentials. Bitcoin’s Shocking Environmental Impact Since the early days of Bitcoin, crypto’s environmental impact has been a long-running concern in the industry, especially because it’s a lightning rod for political…





