Valkyrie Pushes for a Greener Bitcoin
November 23, 2021 at 14:00 PM EST
Bitcoin has been under fire for some time for its environmental toll , with chief concerns arising from the amount of power it takes to create bitcoin and bitcoin transactions. The reality is nuanced, and bitcoin can create a lot of social good as well. The chief criticism — that it takes the emissions of the entire country — is true, but many other industries can say the same. The production of concrete, for example, consumes more energy than India.