The study claims that the growing amount of electricity consumed by the bitcoin mining, threatening to reverse efforts and achievements made to date in reducing toxic emissions.
According to Dr. John Truby, Director of the Center for law and development at Qatar University, bitcoin was designed without any consideration regarding its impact on the environment and therefore “threatens our existence”. Thus, the Pipes are called for solutions to prevent similar blockchain technologies.
The future of bitcoin must be environmentally friendly
According to Truby, BTC and other cryptocurrencies that are harmful to the environment and so more can not continue and so future models with its core technology to create the most pure in environmental terms.