Lynn Johannson, Advisor, Sustainability and ESG
January 4th, 2024
Lynn Johannson, President of E2 Management Corporation and Catalyst for THE Collaboration
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The Carbon Footprint of Cryptocurrency
Smart Prosperity Institute | Podcast | Aug 18, 2021
IN THIS EPISODE:
The carbon footprint of cryptocurrency
What do Sweden, Argentina, Norway, Belgium, Ukraine and Chile have in common? They all consume less electricity in one year than Bitcoin does. Yes, Bitcoin, the cryptocurrency that is shaking up the financial world, is a massive energy hog. In fact, Bitcoin “miners” have been responsible for bringing retired coal and natural gas plants back online in order to satisfy their energy needs.
Why is Bitcoin so dirty? Can cryptocurrencies go green?
Guest: Alex de Vries – Economist and founder of Digiconomist.net
See: How blockchain and cryptocurrencies can help build a greener future
Continue to the full article --> here
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