Bitcoin has risen from a fringe technology popular with cryptographers, to the world’s ninth most valuable asset by market cap. Concerns about Bitcoin’s energy demands have been around since the very beginning, with crypto pioneer Hal Finney tweeting about potential future CO2 emissions on 27 January 2009 – just two weeks after receiving the first ever Bitcoin transaction from the cryptocurrency’s pseudonymous creator Satoshi Nakamoto. The amount of energy Bitcoin’s network consumes did not rise to serious prominence until 2017, when a major price rally drastically pushed up its energy needs to the level of a small country. What Environmental Impact do you think Bitcoin can have ?
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