A recent report written by the ESG analyst Daniel Batten explains that bitcoin mining could eliminate the world’s carbon emissions by 5.32%.
that covers Bitcoin’s electricity usage data shows that consumption levels decreased by 25% in the first quarter of 2022.carbon credits
In fact, bitcoin or PoW mining, in general, can be leveraged to combat leaking methane from a number of different sources. For instance, the report notes that mining could help in areas where flare or vented gas is expelled by the oil and gas industry. Bitcoin mining could help fight landfill gas, and areas that have orphaned oil wells.
“We should be using that flared gas for something more useful” – hospitals, residential heating, anything.Agriculture is the biggest methane-polluter: eating less meat would solve it.
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