GwanghwamunGuardianAngel
Tue Jul 09 2024
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5 answers
986
Will bitcoin halving slice new emissions?
Could you elaborate on the potential impact of the Bitcoin halving event on the overall emissions associated with bitcoin mining? Many environmentalists have expressed concern that the energy consumption of bitcoin mining is contributing significantly to global carbon emissions. With the halving of bitcoin rewards, will there be a corresponding reduction in the incentives for miners, potentially leading to a decline in the overall mining activity and thus, a reduction in emissions? Or is it possible that miners will simply become more efficient in their mining operations, offsetting any potential reduction in emissions?
