Analyzing The United Nations’ Report

The United Nations (UN) recently released a new report about Bitcoin in which they claim their research reveals a “staggering carbon, water and land footprints of the global Bitcoin mining network”. The full report and key findings can be found here.

While most provided findings were negative, there were some positive points. Let’s go over the major findings from the report, and discuss some Bitcoin facts.

The Positives

The substantial growth in bitcoin price, evidenced by a 400% increase from 2020 to 2021, indicates a robust and potentially lucrative market. Bitcoin mining can also provide income opportunities in countries with inexpensive electricity.

The… Read more on bitcoinnews

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