Ethics of Blockchain

Background

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Discussion Excessive

One of the main ethical issues with blockchain seems to be the massive amount of environmental issues that blockchain causes. Crypto mining in the US alone the industry was responsible for an excess 27.4 million tons of carbon dioxide (CO2) between mid-2021 and 2022. This use of carbon emission in the US equals three time the amount as the US’s largest coal mine.

https://www.forbes.com/sites/georgecalhoun/2022/10/11/the-ethics-of-crypto-sorting-out-good-intentions-and-bad-actors/?sh=4115bc535c49

https://earthjustice.org/features/cryptocurrency-mining-environmental-impacts#:~:text=Top%2Ddown%20estimates%20of%20the,in%20the%20U.S.%20in%202021.

https://www.businessinsider.com/personal-finance/cryptocurrency-environmental-impact?r=US&IR=T