Bitcoin's Environmental Impact and Global Debate

Big tech's carbon footprint surpasses that of Bitcoin, with Amazon alone emitting more CO2 than all Bitcoin mining globally. Despite challenges in accurately measuring Bitcoin's carbon output, estimates suggest significant environmental impact comparable to countries like Greece. In contrast, the EmCoin project introduces an app to educate users on energy-efficient purchasing decisions and promote renewable sources. The Biden administration's proposed tax on bitcoin miners' electricity usage faces industry debate, with concerns about stifling energy development. Australia marks a milestone with the first Bitcoin Spot ETF listed on the Australian Securities Exchange by Van Eck, enhancing cryptocurrency accessibility for retail investors.