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Chinese Court Rules Bitcoin Mining Emission Accelerates Climate Change
source link: https://nextbigwhat.com/chinese-court-rules-bitcoin-mining-emission-accelerates-climate-change/
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Chinese Court Rules Bitcoin Mining Emission Accelerates Climate Change
A Chinese court has quashed a cryptocurrency mining contract on the grounds that the emissions it generates accelerate climate change. The judgment last week shows judges in China are starting to make a link between national carbon targets and energy-intensive activities.
The court added that mining cryptocurrency wastes energy resources in a way that is incompatible with China’s path to carbon neutrality.
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