What do you do when you love a blockchain project and also want to preserve the environment? This question has crossed the minds of many crypto enthusiasts who are also aware of the increasing global warming effect brought about by increased carbon emissions from power generating plants (coal and diesel plants). More so, when you consider that Bitcoin mining activities have on many occasions been highlighted as a contributor of Carbon Dioxide in the atmosphere due to the amount of electrical energy used to mine BTC.
The more you mine BTC, the more power is generated from the plant. This means more coal used and more carbon emissions. In a sense, Bitcoin has become a scapegoat for energy analysts and naysayers of blockchain technology. However, we had explored a few days ago how some of these studies and reports are one sided.