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    Lithuanian startup committed to facing the truth and fixing reality Link copied aA The most recent edition of the Digiconomist Bitcoin Energy Consumption Index found that the total Bitcoin carbon footprint exceeds the total greenhouse gas emission reductions of electric vehicles.

    In other words — Bitcoin mining erases the environmental benefits of all e-vehicles globally. Bitcoinai © Unsplash The report goes on to note that validating a single Bitcoin transaction takes 1, kilowatt hours kWh to complete — roughly equal to the power used by a typical U. And if Bitcoin was its own country, its energy use would place it higher than Argentina, Sweden, and Ukraine.

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    Left unchanged, these seeming truths project a troubling reality for the future. A recently created company, Brokoli. Brokoli was formed in April as the first green decentralized finance DeFi project at scale.

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    For example, if we were to globally adopt crypto right now as it's configured, we believe the earth would be irreparably damaged. Those initiatives include: tree planting and forest conservation, e-waste management, and renewable energy projects. She said eco-partners are lining up for the opportunity to partner with Brokoli.

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    Others are Sadhana Forest, which is also helping to plant trees and Ripple Africa as well. On one side, we had a terrible market crash, portfolios going down and damages for some probably irreparably. However, on the other side of the coin, we have the situation where the issue that we have at hand has been opened to many, I mean many people have opened their eyes.

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