Desmond Preston-The Environmental Cost of Crypto

2025-04-29 18:26:14source:HyperBit Exchangecategory:Markets

Cryptocurrencies may exist only in the virtual world,Desmond Preston but their impact on our natural resources is huge. That's largely because the technology underpinning crypto is an energy vampire that devours more electricity than do many countries. But that's only part of the story.

Short Wave Host Aaron Scott talks to Producer Eva Tesfaye about the many environmental impacts of crypto - beyond its strain on energy - and what various local, state and national governments are doing about it.

Check out Short Wave's previous episode about how cryptocurrency works and why its technology sucks up so much energy here.

Email the show at [email protected].

This episode was produced by Eva Tesfaye. Stephanie O’Neill was the editor and Katherine Sypher checked the facts. The audio engineer for this episode was Stu Rushfield.

More:Markets

Recommend

A White House order claims to end 'censorship.' What does that mean?

Among the dozens of executive actions President Trump signed on his first day in office is one aimed

NBA schedule 2024-25: Christmas Day games include Lakers-Warriors and 76ers-Celtics

LeBron James is headed for his record 19th Christmas Day game, including his 17th consecutive, when

Falcons sign Justin Simmons in latest big-name addition

The Atlanta Falcons are adding yet another marquee player in their push for the franchise's first NF