Cryptocurrency and Climate Change

Triggerfish Writing
360onhistory.com
Published in
5 min readFeb 19, 2024

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Originally published here on February 19, 2024.

Image of Bitcoin from Unsplash

Cryptocurrencies have created much discussion among investors due to their ability to diversify portfolios, drive growth and maintain value over a long time. The Bitcoin price USD has been on an ascending path over the past year and continues to grow ahead of the next halving. This is good news for hodlers, investors who keep their coins in the same wallets and wait for their worth to increase. However, ever since the beginnings of the digital finance market, there has been a pressing issue that continues to affect the environment: the toll the systems have on the environment.

Climate activists have discussed the issue before, and although there were discussions about the measures that should be implemented, there’s still plenty of room for improvements in the future. If you’re concerned about the possible toll your transactions might have on the environment, here’s what you need to know.

Honduras, New York and swimming pools

With talk of sustainability and eco-friendly practices becoming more commonplace as people understand the importance of reducing carbon footprint to mitigate the adverse effects on the environment, there’s been growing interest in the energy necessary to mint new crypto coins, as well as approve and manage…

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Triggerfish Writing
360onhistory.com

I write on science, history, nature, climate change, feminism, religion & politics. My members only stories on science & history are free on 360onhistory.com.