By finance.yahoo.com on September 23, 2022
The carbon footprint of the U.S. bitcoin industry is rising at breakneck speed, a report from environmental groups found on Friday, now rivaling the emissions of 6 million cars each year. The groups urged U.S. states to consider bans on new mining operations to help protect the planet. Emissions from the energy-hungry sector could undermine goals to tackle climate change, said Jeremy Fisher, an energy analyst with the non-profit Sierra Club and a co-author of the report.