It is reported that the environmental, social and governance properties of Bitcoin mining continue to improve according to latest findings.
However, it may not stop the mainstream media from telling people how dangerous is bitcoin mining to the environment.
According to David Batten, who is the climate technology venture capitalist, Bitcoin mining's energy efficiency is improving.
Bitcoin Mining Total Emissions - Woobull
The second chart shows a decrease in the emissions mining Bitcoin. It is reported that the rising emissions trend has now reversed since China banned Bitcoin mining.
It is further reported that Bitcoin mining is becoming more energy efficient. The chart below shows Bitcoin mining produces lower emissions of energy compared to it's consumption of energy.
It is reported that China's ban on Bitcoin mining has done a favor to Bitcoin mining industry. There are now countries that are emerging as hubs for Bitcoin mining industry that are totally renewable in terms of production of energy.
There are strict regulations in US and Canada for energy consumption which is leading more mining companies to use more sustainable energy.
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