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Cambridge Network: What is the environmental footprint of Bitcoin?


The Cambridge Centre for Alternative Finance (CCAF), a research centre at Cambridge Judge Business School, announces a new update to its Cambridge Bitcoin Electricity Consumption Index (CBECI) that provides estimates on the greenhouse gas emissions related to Bitcoin.

“Environmentalists, financial institutions and policymakers are growing increasingly concerned about Bitcoin’s electricity consumption and its associated environmental repercussions,” says a blogpost outlining the new tool written by Alexander Neumueller, Digital Assets CBECI Project Lead at CCAF. 

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