Big Tech Carbon Footprint Dwarfs Bitcoin Mining

IconCryptoNewsTerminal Staff03 Jul, 2024

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Big Tech Carbon Footprint Dwarfs Bitcoin Mining

Big Tech companies like Amazon and Google have emitted more carbon dioxide since 2019 than Bitcoin has emitted since its inception in 2014, according to a report by Cointelegraph. In 2021, Amazon emitted 71.54 million metric tons of carbon dioxide, exceeding Bitcoin's carbon footprint of 65.40 million tons that year. Google emitted 21.39 million metric tons of carbon dioxide in 2021. The report notes that the carbon emissions of Big Tech companies are primarily due to their data centers and cloud computing services. Bitcoin mining, on the other hand, is a much more energy-intensive process that relies on specialized computers to solve complex mathematical problems. Despite the fact that Bitcoin mining is often criticized for its environmental impact, the report shows that Big Tech companies are responsible for a far greater share of carbon emissions. This information is crucial for policymakers and investors who are concerned about the environmental impact of technology. It also highlights the need for Big Tech companies to take steps to reduce their carbon footprint.