Cryptocurrencies – particularly bitcoin – have traditionally been portrayed as “energy gluttons,” receiving harsh criticisms related to their energy consumption. Because of their perceived energy intensive nature, many investors, especially those with ESG considerations, overlook digital asset investments entirely. Recent studies, however, have shown that bitcoin’s network may be significantly less energy intensive than we originally believed, and ultimately possesses several efficiencies over the traditional monetary payment system.

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Author: Sarah Morton, Christopher Jensen

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