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Energy-Hungry Bitcoin Would Be a Climate Disaster, Study Finds

When new technologies like electricity or the dishwasher took off in the 20th century, most of the people racing to adapt them had no idea what trading candles for light bulbs would do to the Earth's climate.  Researchers at the University of Hawaii have set out to make sure that doesn't happen again when it comes to a 21st century technology that has some people very excited: Bitcoin.  In a study published Monday in Nature Climate Change, they calculated that if Bitcoin were adapted at the rate of other modern technologies, it would generate enough carbon dioxide emissions to push global temperatures two degrees Celsius above pre-industrial levels in less than 30 years.  Read more...

 

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