There is a moral case against crypto

The environmental, financial and psychological harm caused by ‘mining’ digital currencies is enormous.

According to a New York Times analysis, bitcoin mining uses 0.5 per cent of all the world’s electricity. That’s seven times more than that used by all of Google’s global operations.
According to a New York Times analysis, bitcoin mining uses 0.5 per cent of all the world’s electricity. That’s seven times more than that used by all of Google’s global operations.Foto: Christinne Muschi/Bloomberg
Publisert 18. July 2022, kl. 12.41Oppdatert 18. July 2022, kl. 12.43