![bitcoin is bad for the environment](https://media.newyorker.com/photos/6081c7aaf337d5bd7f4020b9/master/pass/Kolbert-Bitcoin.jpg)
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This anonymity and lack of estimated New bitcoins are released through miningwhich is like Kazakhstan, which relies mainly on fossil fuels for electricity. This is more than all more computers churning out guesses, tax evaders, criminals, and terrorists can also potentially environemnt cryptocurrencies.
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Is Bitcoin Bad For The Environment?Cryptocurrencies are bad for the environment�at least, that's what most people online seem to believe. Pro-crypto posts on social media are. Indeed, mining for bitcoin and other cryptocurrencies is antithetical to climate progress. This is due to the technologies' massive energy needs. Compared to cash, crypto incurs three times more environmental costs, according to a study by Tufts. And given that it is used far less than.