Environmental impact of bitcoin

Bitcoin mining facility in Quebec, Canada

The environmental impact of bitcoin is significant. Bitcoin mining, the process by which bitcoins are created and transactions are finalized, is energy-consuming and results in carbon emissions,[1] as about half of the electricity used in 2025 was generated through fossil fuels.[2] Moreover, bitcoins are mined on specialized computer hardware resulting in electronic waste.[3] Scholars argue that bitcoin mining could support renewable energy development by utilizing surplus electricity from wind and solar.[4] Bitcoin's environmental impact has attracted the attention of regulators, leading to incentives or restrictions in various jurisdictions.[5]

  1. ^ Huang, Jon; O'Neill, Claire; Tabuchi, Hiroko (3 September 2021). "Bitcoin Uses More Electricity Than Many Countries. How Is That Possible?". The New York Times. ISSN 0362-4331. Archived from the original on 17 February 2023. Retrieved 1 February 2022.
  2. ^ "Cambridge Digital Mining Industry Report: Global Operations, Sentiment, and Energy Use - CCAF publications". Cambridge Judge Business School. Retrieved 29 April 2025.
  3. ^ Cite error: The named reference deVries2021 was invoked but never defined (see the help page).
  4. ^ Cite error: The named reference You2023 was invoked but never defined (see the help page).
  5. ^ Cite error: The named reference Stoll2023 was invoked but never defined (see the help page).

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