Bitcoin mining is still negating most of our global efforts to clean up our roads.
According to the latest EV Outlook by the IEA, “EVs enabled a net reduction of about 80 Mt of GHG emissions” in 2022. According to Cambridge the Bitcoin network is responsible for around 70 Mt of annual carbon emissions. According to a recent article by the NYT the latter figure should be considered a very optimistic one, as considering common grid dynamics would put this figure even higher.
