Industry with 22 Million Tons CO2 per year?

What’s the deal? Bitcoin uses a lot of energy to mine. The industry is responsible for 22 million metric tons of CO2 emissions. That’s the same as Sri Lanka & Jordan.

Why should we care? Tesla, of the clean emission sect, bet big on bitcoin this week.  It bought $1.5 billion of bitcoin & said it would soon allow purchase by bitcoin.

How could this impact me? How the market and regulators reconcile a clean energy ethos with bitcoin that is responsible for tons of emissions could set the tone for many. Watch closely.

Reuters | Elon Musk wants clean power. But Tesla’s carrying bitcoin’s dirty baggage