Report: Chinese Bitcoin Mining To Reach 130 Million Metric Tons By 2024

Bitcoin mining in China is projected to peak in 2024, per a new study. Researchers claim that Bitcoin’s growing energy consumption could undermine global sustainability efforts.

If left unchecked, China‚Äôs Bitcoin mining industry could generate as much as 130.5 million metric tons of carbon emissions by 2024, according to a study published in the scientific journal Nature .…

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