Cryptocurrency crash reducing CO₂ emissions


Here’s some great news from Digiconomist, even if the projection is optimistic:

As the Bitcoin/Ethereum crash continues, the combined reduction in energy consumption of these networks now equals that of a country like Austria

The reduction in global carbon emissions could be 110,000 metric tons of CO2 per day - almost as much as global CO2 reductions by EVs.

Let’s make efficiency a metric again.

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Ruben Schade is a technical writer and IaaS engineer in Sydney, Australia who refers to himself in the third person in bios. Wait, not BIOS… my brain should be EFI by now.

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