id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
twoquants-com-7198		Bitcoin and Ethereum Carbon Footprints - Part 2 - Twoquants			.html	text/html	2447	158	70	As outlined in part 1 of this article, Bitcoin mining uses a lot of power, and because this power isn't 100% renewable, Bitcoin has a carbon footprint. That's a great feature (decentralized and trustless), but it's undeniable that Bitcoin has a carbon footprint, because running the network uses power, which brings up the question: Is it worth it? Bitcoin transactions themselves don't cause a lot of power usage. Getting the network to accept a transaction consumes almost no power, but having ASIC miners grind through the mathematical ether to solve valid blocks does. In the case of Bitcoin the miner's primary business cost is power, and the incentive to spend can, in simple terms, be viewed as a function of the following variables: The market capitalization of BTC, which continues to grow, is why miners are willing to incur a lot of power-related costs today.	./cache/twoquants-com-7198.html	./txt/twoquants-com-7198.txt