Are bitcoins good investments
But renewable energy developers need customers in order to grow, and proof-of-work miners provide exactly that, Thiel argues. Encourage transparency and improvements in environmental performance : Crypto-asset industry associations, including mining firms and equipment manufacturers, should be encouraged to publicly report crypto-asset mining locations, annual electricity usage, greenhouse gas emissions using existing protocols, and electronic waste recycling performance. The environmental footprint of Bitcoin mining across the globe: Call for urgent action. To offset the carbon emissions from China's coal-intensive Bitcoin mining operations in �, about 2 billion trees should be planted, covering an area equivalent to the sum of Portugal and Ireland or 45, times the area of Central Park in New York City.