Bitcoin’s hash rate has continued to increase and yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained.
Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1
The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten.
Bitcoin’s power consumption this year has already surpassed all of 2020’s
Bitcoin has already consumed more power in 2021 than it did in all of 2020 according to a recent study.
Signs the Bitcoin hashrate is starting to move away from China
The U.S. is slowly increasing its share of the Bitcoin hashrate.