While Bitcoin remains at the top of the charts as the most popular and largest cryptocurrency by market cap, a recent study by some scientists doesn’t paint it as exactly cool. The study argues that Bitcoin mining could actually cause global warming to increase by 2 degrees (2C). On the other hand, a group of other scientists don’t think the mining of the valuable crypto is as dangerous as portrayed by the study.
According to the said study conducted by researchers at the University of Hawaii, Manoa, the quantity of carbon emissions as a result of Bitcoin mining would be enough to push global temperatures up by more than 2 degrees within the next 22 years. If the average rate of technological uptake is factored in, the figure drastically reduces to a shocking 16 years.