It appears that not only is Bitcoin mining's greenhouse emissions negligible, but crypto enthusiasts are frequently oversold on the benefits of solar Bitcoin mining. (Reporting via Bio_Chameleon)
notes that despite the widespread use of coal, oil, and gas for Bitcoin mining, the network accounts for less than 0.08% of the world's CO2 production.
We're literally burning the gas into the atmosphere just because it's not economical to do anything with it [Flaring]. Instead, we can put it into a motor to produce electricity and use that to mine Bitcoin. But Csepcsar remains skeptical of certain renewable sources of Bitcoin mining, calling them"marketing noise.", specifically, solar energy. As tells Cointelegraph:, we published research that we are not big promoters of solar mining; when you calculate the profitability, it's not that good; it's a very tough business.
Producing them creates a lot of harmful chemicals. And nobody talks about that. Everyone just thinks that the solar panels grow on trees, and then the sun shines on them. But, no, the process of creating them is brutal.