Bitcoin Reduces Energy Use

This is a news story, published by MSN, that relates primarily to the University of Cambridge's news.

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Bitcoin Electricity Consumption Index

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The Cool Down

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Business

Business & Economics

Experts reveal game-changing ways cryptocurrency can boost local economies — do the perks outweigh the cost?

Summary

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81% Informative

Bitcoin still generates an estimated 95 million tons of carbon dioxide equivalent annually , per the University of Cambridge's Bitcoin Electricity Consumption Index.

Bitcoin adherents are touting its ability to contribute to a cleaner future, too.

Other developments facilitated by blockchain include the granting of tokens for sustainable behaviors such as recycling or reducing energy use.

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Informative language

Neutral language

Article tone

informal

Language

English

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Offensive language

not offensive