Bitcoin network emissions reportedly hit all-time low, outpacing other industries in reduction – Crypto News – Crypto News
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Bitcoin network emissions reportedly hit all-time low, outpacing other industries in reduction Bitcoin network emissions reportedly hit all-time low, outpacing other industries in reduction

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Bitcoin network emissions reportedly hit all-time low, outpacing other industries in reduction – Crypto News

Published

2 years ago

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Quick Take

  • For the first time, the Bitcoin network has dropped below 300g/kWh emissions, according to Daniel Batten, a Bitcoin ESG analyst.
  • Daniel Batten states this is an “all-time low”; it took just over three years for bitcoin to halve its emission intensity.
  • No other industry is reducing its emission intensity at such a rate, according to Daniel Batten.
  • The source data appears in this BEEST (Bitcoin energy & emissions sustainability tracker).
  • Some other key highlights from the report included; The Cambridge Center for Alternative Finance (CCAF) reports the Bitcoin network uses 37.6% zero emissions power sources, whereas the Bitcoin Mining Council reports 59.4% zero emissions power sources.
Bitcoin Mining: (Source: Daniel Batten)

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