Bitcoin [BTC] mining and Las Vegas produce same amounts of CO2, says study

A study conducted by researchers from MIT found out that BTC mining played a role in contributing to global warming.

This claim was made on the basis of revelations that mining the cryptocurrency generated the same amount of carbon dioxide like that of Las Vegas and sometimes more than entire countries like Bolivia.

The mining of Bitcoin is effectively producing 22.5 megatons of carbon dioxide. This is a massive amount, therefore, based on emission rates.

The mining of Bitcoin is equivalent to 0.5% of the whole globe’s usage of electricity. Researchers have said that this number will only grow with time.

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