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Bitcoin Mining Report: Network’s CO2 emissions account for 0.08%

Bitcoin Mining Report Shows Network's Emissions Account for 0.08% of the World's CO2

Bitcoin, a cryptocurrency network that uses proof-of-work to process transactions and protect the protocol’s security, has been subject to a lot criticism over the past year. Coinshares, a cryptocurrency company published this week a report showing that talk points condemning the network’s electrical consumption were greatly exaggerated. Coinshares data shows that Bitcoin’s mining infrastructure is responsible for 0. 08% of the world’s carbon dioxide (CO2) production today.

Despite ESG Critics Studies Show that ‘Bitcoin mining Acts as an Energy Sink and Consumes Less Energy than the Banking Industry

There has been a lot disapproval from people who believe that the Bitcoin network is harmful to the environment. Many people have condemned Bitcoin’s PoW as they feel it consumes too much energy to keep the network strong. Although, the critics never discuss the U.S. dollar’s energy consumption and how it is also enforced by state violence. Data derived from Digiconomist websites can also be used by detractors to show extreme biases and inaccuracies. For example, the web portal is operated by Alex de Vries, an employee of De Nederlandsche Bank NV (DNB).

Despite criticisms from critics, many reports have shown that Bitcoin’s energy use is much lower than other financial systems. In May 2021, Galaxy Digital published a study on the energy consumption of bitcoin mining, and it found it was far less than the energy the gold or banking industry consumes. Galaxy Digital described how companies such as Crusoe Energy Systems, Upstream Data and Great American Mining use methane emissions to turn waste flare gas into energy. Galaxy Digital’s study notes are

Bitcoin mining is the ideal energy sink: anyone, anywhere, can monetize excess energy by plugging in equipment and switching it off at their convenience. Bitcoin mining can be used as an energy sink in the oil fields. This results in a reduction in methane emissions.

Coinshares: ‘Bitcoin Will Be 100% Renewable as Soon as Our Electricity Generation Is 100% Renewable’

This week Coinshares published its bitcoin mining report, a study that provides the most current data concerning the state of the bitcoin mining industry alongside environmental, social, and governance (ESG) concerns. The Coinshares report estimates the Bitcoin protocol emitted 42 megatons of CO2 in 2021.

Bitcoin Mining Report Shows Network's Emissions Account for 0.08% of the World's CO2
Charts from Coinshares Bitcoin Mining Report 2022.

The study highlights that the earth’s total emissions in 2019 amount to 49,360 megatons of CO2. The network’s mining infrastructure accounts for 0. 08% of the world’s carbon dioxide, Bitcoin’s energy draw is also 0. 05% of the total energy consumed globally. According to the Coinshares study:

As a point of reference, total global energy consumption (not production, which is considerably higher) in 2019 has been estimated at 162,194 TWh. At an annual energy draw of 89 TWh, the Bitcoin mining network uses approximately 0. 05% of the total energy consumed globally. This seems like a low cost for a global financial system. On the global energy balance sheet it amounts to an error.

ESG concerns have prompted many companies to discontinue bitcoin support or even consider dropping bitcoin in future. For instance, the software community Mozilla paused the ability to donate cryptocurrencies over “environmental impact” concerns. Tesla also dropped bitcoin acceptance because of its impact on the environment. Following Mozilla, the Wikimedia Foundation considered dropping crypto donations for the same reasons and Wikimedia members leveraged the Digiconomist’s inaccurate data that has been debunked on many occasions over bias and data discrepancies.

Bitcoin Mining Report Shows Network's Emissions Account for 0.08% of the World's CO2
Charts from Coinshares Bitcoin Mining Report 2022.

The bitcoin mining report published by Coinshares this week shows that the ESG concerns over the last 12 months have been greatly exaggerated. Coinshares believes that current attention should be focused more on renewable energy resources than on a monetary innovation with a low emission rate and high energy draw.

” While it is obvious that bitcoin mining has created emissions, they are not insignificant globally and are not necessary to generate electricity. “Bitcoin will be 100% renewable as soon as our electricity generation is 100% renewable. We should not be focusing on the suppression of development of monetary technology .

What do you think about the report published by Coinshares that shows the Bitcoin network’s emissions account for only around 0. 08% of the world’s carbon dioxide production today? Comment below to let us know your thoughts on this topic.

Jamie Redman

Jamie Redman, the News Lead at Bitcoin.com News, is a Florida-based financial journalist. Redman has been an active member of the cryptocurrency community since 2011. Redman is passionate about Bitcoin, open-source codes, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or in connection to the content, goods, or services discussed in this article.

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Unlock Huge Potential with the Next Big Best Cryptos to Buy in 2025

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.


Crypto’s heating up again, and serious community members know that when the market buzzes like this, it’s not the time to snooze. Layer 1 blockchains are flexing, DeFi’s tightening its grip, and asset tokenization is making serious waves in traditional finance circles. Smart participants aren’t just looking at Bitcoin anymore—they’re hunting for the next big best crypto to buy before the next bull run stamps its mark on 2025.

Qubetics ($TICS) is standing tall in that crowd. Where older chains got stuck on clunky apps and fragmented assets, Qubetics is building something bigger: a Real World Asset Tokenization Marketplace that could completely change how businesses, professionals, and even everyday buyers handle real-world ownership. That’s why Qubetics, Celestia, Stellar, Tron, and Toncoin deserve a serious look as the next big best crypto to buy.

1. Qubetics ($TICS) – Powering the Future of Real-World Asset Tokenization

The financial system is long overdue for a major facelift, and Qubetics is rolling out the blueprints. Its Real World Asset Tokenization Marketplace lets users turn real-world assets—think property, fine art, or even intellectual property—into blockchain-verified, tradable digital assets. Now imagine a real estate agent in Miami tokenizing luxury condos for international buyers. Or an artist in Toronto minting exclusive limited-edition collections directly to a global audience.

Qubetics’ platform isn’t just about tokenization—it’s built for compliance, real-world audits, and secure legal frameworks. That’s critical for North American businesses where regulation can’t be brushed off. Professionals, businesses, and solo entrepreneurs can finally access liquidity, transparency, and markets that used to be chained behind layers of paperwork.

Crypto Presale and ROI Predictions

And the numbers? Absolutely bonkers. Qubetics’ crypto presale is in its 32nd stage, having sold more than 510 million $TICS tokens to over 25,400 holders, raising north of $16.5 million. Current stage price? A super-accessible $0.2093 per token.

Analysts are mapping serious upside here. Hit $1 post-presale? That’s 377% ROI. Swing to $5? 2,288%. Touch $6? 2,766%. Crush $10-$15 after the mainnet goes live and buyers are staring down a ridiculous 4,677%-7,066% return. Those are the kind of numbers that could turn early backers into major players.

Why did this coin make it to this list? Qubetics’ focus on real-world utility and unmatched tokenization tech make it an obvious pick for the next big best crypto to buy.

2. Celestia (TIA) – The Modular Blockchain Standard

Celestia’s modular blockchain vision is quietly shaking up how developers build dApps. Instead of fighting over monolithic chains, Celestia’s rollup-focused design lets new blockchains deploy like plug-and-play apps—simple, flexible, and lightweight.

Projects in Silicon Valley are already jumping on the Celestia train. DeFi protocols, gaming startups, and even enterprise data firms are rolling out their own custom chains atop Celestia. In real terms? A fintech company in New York could build a private, high-speed blockchain for their payment app without touching Ethereum’s messy congestion.

Celestia’s scalability, security, and flexibility are exactly what builders have been begging for—and it’s delivering without the drama.

Why did this coin make it to this list? Celestia’s modular architecture and booming dev adoption make it a no-brainer as a next big best crypto to buy.

3. Stellar (XLM) – Dominating the Global Payments Space

Stellar’s not resting on its “remittance coin” reputation anymore. Over the last year, Stellar’s partnership with MoneyGram and Circle’s USDC expansion on the network has turned it into a global payments juggernaut.

For example, a freelance graphic designer in Austin can now receive USDC payments over Stellar’s blockchain almost instantly from clients in Berlin, Tokyo, or Toronto—and cash out at a local MoneyGram kiosk if needed. No delays, no crazy fees.

Transaction volumes are climbing. Daily active wallets are trending up. And the speed and costs make Stellar’s chain almost impossible to beat for cross-border value transfer.

Why did this coin make it to this list? Stellar’s real-world financial impact and unmatched payment speed make it one of the smartest next big best cryptos to buy.

4. Tron (TRX) – The Stablecoin Powerhouse

Tron’s getting a second wind thanks to its absolute chokehold on stablecoin transactions. It now processes more USDT transactions than Ethereum—and it’s not even close.

In real-world terms, this means small businesses in New York, Miami, and Vancouver are paying freelancers and suppliers overseas using Tron’s network because it’s fast, dirt-cheap, and crazy reliable. It’s the kind of quiet but deadly advantage that few realize until the transaction fees start slashing profits.

And Tron’s partnerships, like the massive blockchain gaming initiatives and emerging DeFi integrations, are extending its use cases way beyond just Tether payments.

Why did this coin make it to this list? Tron’s stablecoin supremacy and growing adoption lock it firmly into the conversation for next big best crypto to buy.

5. Toncoin (TON) – Powering Telegram’s Web3 Expansion

Toncoin’s comeback story could fill a Netflix mini-series. After regulatory hurdles derailed its original plans, it’s back—leaner, meaner, and plugged directly into Telegram’s 800 million+ user base.

Now, users can send crypto directly through Telegram chats, with Toncoin serving as the network’s financial backbone. It’s simple, it’s fast, and it’s baked into one of the most popular messaging apps on the planet.

From small businesses in LA handling cross-border transactions to artists selling NFTs directly to fans, Toncoin’s seamless payment rails could spark a crypto adoption explosion inside a platform folks are already addicted to.

Why did this coin make it to this list? Toncoin’s massive audience reach and slick integration into everyday messaging habits make it a heavy hitter among the next big best crypto to buy.

Final Thoughts

The next big crypto wave won’t wait around for latecomers. Qubetics, Celestia, Stellar, Tron, and Toncoin are all locking down their lanes now, solving real problems with real-world users. Sitting back could mean missing out on the biggest plays of 2025. Those making moves today might just be the ones celebrating when the rest of the world wakes up.

Join the Qubetics presale today and secure massive ROI as the presale progresses- don’t miss out on this life-changing opportunity.

For More Information:

Qubetics: https://qubetics.com

Presale: https://buy.qubetics.com/

Telegram: https://t.me/qubetics

Twitter: https://x.com/qubetics

FAQs

  • How is Qubetics changing the crypto market?

Qubetics is leading real-world asset tokenization, making physical assets tradable on-chain.

  • How much has Qubetics raised during its crypto presale?

Qubetics has raised over $16.5 million from 25,400+ holders so far.

  • Why is Celestia important for the next generation of blockchains?

Celestia’s modular architecture lets projects deploy customized blockchains quickly and securely.

  • What makes Stellar a top crypto for real-world use?

Stellar enables fast, cheap, global payments, backed by major partnerships like MoneyGram.

  • How is Toncoin linked to Telegram’s expansion?

Toncoin powers peer-to-peer crypto transactions inside Telegram, making crypto transfers as easy as texting.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Green Bitcoin? Over 52% of Mining Now Uses Sustainable Energy

The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling over 80% of reported activity. Bitcoin mining is now 52.4% reliant on sustainable energy, with hydropower (23.4%) and wind (15.4%) as leading sources. North America Dominance According to the latest Cambridge Centre for Alternative Finance [……
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FTX claims: Creditors in Russia, China, Ukraine among those temporarily unable to participate

FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims. The FTX bankruptcy estate is however said to be evaluating options. The FTX estate has begun its creditor repayments that could see more than $16 billion go to eligible creditors across the globe. However, as FTX creditor Sunil Kavuri noted…


  • FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims.
  • The FTX bankruptcy estate is however said to be evaluating options.

The FTX estate has begun its creditor repayments that could see more than $16 billion go to eligible creditors across the globe.

However, as FTX creditor Sunil Kavuri noted in a post on X on Feb. 21, the bankrupt crypto exchange is temporarily unable to process distributions to creditors in multiple countries.

In the post Sunil shared, FTX creditors in several countries, including Russia, China, Ukraine, Nigeria and Egypt are currently unable to participate in the distributions.

FTX Claims

A lot of claims are from Jurisdictions not eligible for FTX distributions at the moment which include:

Russia, China, Egypt, Nigeria, Ukraine

FTX is reviewing options

China is the largest with 8% of customers pic.twitter.com/Ts1iToqhAL

— Sunil (FTX Creditor Champion) (@sunil_trades) February 21, 2025

What happens next?

This ineligibility cuts across five regions, with China accounting for the largest share of customers at 8%. Per some user commentary, some Chinese users have reported “disputed status” claims, which Sunil says is also part of the temporarily unavailable distributions.

Notably, the FTX estate is reportedly evaluating its options

FTX announced the commencement of the initial distributions to the group of customers dubbed “Convenience Classes.” This group, in FTX’s Chapter 11 reorganization plan, are those with claims under $50,000. In its announcement on February 18, 2025, FTX said customers would receive their distributions within 1-3 business days.

According to the collapsed exchange’s bankruptcy estate, customers who miss this initial distribution will have to wait until May 30, 2025.

“The next record date for Convenience Claims that have become allowed since the initial record date and have not received their distribution is set for April 11, 2025. The Next Distribution is expected to commence on May 30, 2025,” they posted on X.

FTX imploded in November 2022, with founder & CEO Sam Bankman-Fried later arrested and charged. He was found guilty in November 2023 and sentenced to 25 years for defrauding customers and investors.


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