Bitcoin certainly has a carbon footprint problem on its hands, but that doesn’t mean that all cryptocurrencies do. It appears there is a lot of misinformation on the internet when it comes to cryptocurrencies and the associated electricity usage. More specifically, most sources claim Bitcoin mining uses a lot of energy, which is absolutely correct. However, it seems the situation is being blown out of proportion completely.
Learn more about cryptocurrency’s carbon footprint within this infographic from The Merkle.
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Brian Wallace is the Founder and President of NowSourcing, an industry leading content marketing agency that makes the world's ideas simple, visual, and influential. Brian has been named a Google Small Business Advisor for 2016-present, joined the SXSW Advisory Board in 2019-present and became an SMB Advisor for Lexmark in 2023. He is the Co-Founder for The Innovate Summit which successfully launched in May 2024.
