Bitcoin is expensive in the energy economy too. Chia is being criticized for annual energy consumption to countries. Dogecoin, another option, consumes a as Tesla searches for environmentally.
As public interest in cryptocurrency investing has soared so have cryptocurrency scams and bitcoin fraud. The energy used by miners secures the entire historical record of transactions so that nobody can alter it. That said, Digiconomist currently estimates the carbon footprint of a single Bitcoin transaction at about kgCO 2 , or the equivalent of 1,, VISA transactions.
