As the price of bitcoin soars past $56,000, the cryptocurrency’s negative environmental impact is becoming harder to ignore. Energy-hogging crypto miners have been blamed for power outages in Iran, while China — a crypto mining hotbed — is cracking down on the practice as it takes a heavier hand with polluting industries.
More such crackdowns may be needed to keep crypto’s carbon emissions under control. According to research released this week, bitcoin’s record-high prices have…
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