Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

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Today a discussion on Discord about NFTs and environmental impact respectfully erupted into a situation XKCD portrays well: https://xkcd.com/386/ Well, it turns out I was the wrong someone on the internet. My hypothesis was that CO₂ emissions of cryptoassets are much lower than a large US tech company like Apple when adjusted by market capitalisation¹. To work this out I decided to compare Bitcoin…

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