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.