Friday, December 3

Bitcoin mining in Europe is in danger because it would violate the climate agreement

On the one hand, argue that it generates and releases 120 million tons of carbon dioxide (CO2) into the atmosphere. And on the other hand, point out that the electricity consumption required is too high and it could be used for other more productive actions.

The document is signed by Erik Thedéen and Björn Risinger, the directors of the organizations, and in their recommendations they assure that if they continue with this operation they should prohibit the activity in Sweden and the rest of Europe.

The report also indicates that the activity could work if it used renewable energy, something that is already being implemented in the industry.

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