2 C
Innichen
March 1, 2024
Digital RevolutionEnterprise TechnologiesInformation TechnologyWhite Papers

A single Bitcoin transaction could use as much water as a backyard swimming pool

Cryptocurrency mining uses a significant amount of water amid the global water crisis, and its water demand may grow further. In a commentary published November 29 in the journal Cell Reports Sustainability, financial economist Alex de Vries provides the first comprehensive estimate of Bitcoin’s water use. He warns that its sheer scale could impact drinking water if it continues to operate without constraints, especially in countries that are already battling water scarcity, including the U.S.Cryptocurrency mining uses a significant amount of water amid the global water crisis, and its water demand may grow further. In a commentary published November 29 in the journal Cell Reports Sustainability, financial economist Alex de Vries provides the first comprehensive estimate of Bitcoin’s water use. He warns that its sheer scale could impact drinking water if it continues to operate without constraints, especially in countries that are already battling water scarcity, including the U.S.

Related posts

Square Enix will be showing off Kingdom Hearts 3’s DLC next week – Destructoid

Administrator

NASA search and rescue technology saves explorers, enables exploration

Linda Yaccarino to bring vaunted ad skills to Twitter

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Privacy & Policy