Birdwatch Note Rating
2024-03-10 00:39:37 UTC - HELPFUL
Rated by Participant: A76CE27CB6F57F549A235F9845874B3C215042B7F4C785F9A87DC71B1CD62EE4
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Original Note:
The scenario depicted is improbable. Even in the most aggressive scenarios, bitcoin mining's energy consumption + emissions are minimal compared to any other industry. Furthermore, mining 1) incentivizes renewables & 2) cuts carbon emissions via flaring mitigation. https://www.sciencedirect.com/science/article/pii/S0928765523000313 https://pubs.acs.org/doi/10.1021/acssuschemeng.3c05445 https://www.theirm.org/news/bitcoin-and-the-energy-transition-from-risk-to-opportunity/ https://kpmg.com/kpmg-us/content/dam/kpmg/pdf/2023/bitcoins-role-esg-imperative.pdf https://www.mdpi.com/2078-1547/14/3/35 https://nydig.com/research/report-bitcoin-net-zero https://www.tikula.net/_files/ugd/e1de83_6945ec0a6d074146a3503cdd14d475dc.pdf
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