Fresh research has challenged the perception that Bitcoin (BTC) mining is irreconcilable with tackling climate change. Major science and technology magazine The New Scientist published a report on the new findings on Nov. 20.
In their study, Susanne Köhler and Massimo Pizzol at Aalborg University in Denmark have criticized the assumptions underlying earlier claims that Bitcoin’s energy consumption may be as high as 63 megatonnes of CO2 annually, the New Scientist notes.