Cambridge and IEA data shows bitcoin carbon intensity peaked last year

Cointelegraph

Published Jul 02, 2021 04:31PM ET

Updated Jul 04, 2021 07:00PM ET

According to publicly available data from the University of Cambridge Centre for Alternative Finance and the International Energy Agency, or IEA, bitcoin (BTC) carbon emission intensity may have already peaked.

The environmental impact of bitcoin's electricity usage is a favorite talking point of its critics and journalists on the crypto beat. But taking in the available data, Hass McCook, a retired chartered professional engineer, reckons bitcoin's carbon emissions "have already peaked a few months ago."

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