CRI – World’s First Carbon Credit Generating Blockchain

The Bitcoin network is a massive consumer of electricity, leaving a substantial carbon footprint. Research estimates that the electricity used on the network produces annual carbon emissions of about 32 MtCO2. This means the Bitcoin network emits the same amount of carbon dioxide as Denmark.  Moreover, new studies show that the network generates as much e-waste as the country of Luxembourg. Unfortunately, the continuous growth of the Bitcoin network will intensify its environmental impact. Although not all blockchains consume as…