Better insight into Bitcoin's climate impact

The total carbon footprint of the Bitcoin network increased by about 25% in 2020 while the number of transactions decreased by 6%. This translates to a climate impact of about 402 kg of CO2 per Bitcoin transaction in 2020, according to preliminary results of a new methodology developed by DNB to measure Bitcoin's carbon footprint. It is important to better understand the climate impact of blockchain-based digital assets and make them more comparable to, for example, conventional means of payment.

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