Bitcoin mining could single-handedly ‘undermine’ global sustainability drive

As mining for bitcoin requires a great deal of energy, a group of researchers have warned China that it must implement stricter regulations and policy changes immediately or risk undermining global sustainability efforts.

In a new study published in the journal Nature Communications, researchers Shangrong Jiang, Yuze Li, Quanying Lu, Yongmiao Hong, Dabo Guan, Yu Xiong and Shouyang Wang claim that both the energy consumption and carbon emissions associated with mining bitcoin have rapidly accelerated in China.

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