Web3 CO2 Energy Index shows BTC’s carbon footprint

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The post Web3 CO2 Energy Index shows BTC’s carbon footprint appeared first on CoinGeek.

A transaction on the BSV blockchain network currently creates 2.786kg of CO2 emissions.

To summarize it all in simple terms, bigger blocks mean more transactions; more transactions mean more utility and use cases and more usage equals more efficient use of all that energy.

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Article Details

Author / Journalist: Jon Southurst

Category: Crypto

Markets: CanadaIndia

Topics: Bitcoin SV BCH Digital gold SmartLedger Energy consumption Carbon Footprint BTC Business Bitcoin transaction BSV blockchain PoW Proof of work

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 07:00:27 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 935 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 22454033

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